Top Agriculture News

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Friday’s selloff was not enjoyable but a pullback is a healthy part of any price rally. Without pullbacks the market can get overbought and get ahead of the technical indicators (moving averages and strength indices) that are […]

U.S. beef exports continued building momentum in July. USDA data says July beef exports totaled 110,419 metric tons, up seven percent from a year ago and the second largest of 2024. Export value rose 12 percent to $910.0 million, also the second-highest this year. July growth was fueled by higher demand in Japan, Taiwan, Mexico, […]

The farm sector profits are forecast to fall this year, but the outlook is not as bleak now as it was in February, that according to the latest data from USDA Economic Research Service. Carrie Litkowski is a senior economist and program leader in the Farm Economy Branch and breaks down the numbers. ”Specifically net […]

There’s a big soybean crop coming this fall, so what does that mean for prices? Stephen Nicholson, global sector strategist for grains and oilseeds at Rabobank, says the soybean market has struggled recently. “The soybean market has been held up for quite a while by biofuels, and particularly renewable diesel and the potential for SAF, […]

It’s well known that sustainability is a buzzword in agriculture. Howard Halderman, president of the American Society of Farm Managers and Rural Appraisers, talks about how sustainability also applies to farmland. “To me, sustainability is the preservation of a farm for future generations. And really, sustainability is two different things. One is growing or enhancing […]

It’s been about a month since the remnants of Hurricane Debby came through North and South Carolina. Let’s take a look at what’s happened in those four weeks or so since then with climatologist Corey Davis, the Assistant State Climatologist of North Carolina. Corey, if I’m not mistaken, we got Debby, that came through with […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Since the first notice day lows, December corn has rallied 27 cents, November beans have rallied more than 60 cents and December wheat is up 50 cents. There are several factors contributing to the strength but the […]

More than 400 cases of salmonella across the country have been linked to backyard poultry. The Centers for Disease Control and Prevention reported over 100 people have been hospitalized. Texas and Missouri have the most cases, followed by Minnesota, Washington, Michigan, and Oklahoma. Backyard poultry like chickens and ducks can carry Salmonella germs even if […]

China’s Ministry of Commerce says will initiate an anti-dumping investigation into canola seed imports from Canada. This investigation is part of China’s response to Canada imposing tariffs on Chinese electric vehicles, steel, and aluminum. “China is a valued market for Canadian canola,” said Chris Davison, Canola Council of Canada’s president and CEO. “We are confident […]

Despite coming off of a quiet time of year with the August Congressional recess, local ag groups are keeping a close eye on issues or potential issues from the state or federal level. Cameron Mulrony, Executive Vice President of the Idaho Cattle Association, says several issues in D.C. have his attention. “What’s going to come […]