News & Events

Strong week for new crop soybean, corn sales

Published Jul. 25, 2014

USDA reports combined old and new crop corn, soybean, and soybean meal export sales for the week ending July 17 were larger than expected, while soybean oil and wheat were within pre-report estimates. Shipments of soybeans and wheat were more than what’s needed weekly to meet USDA projections for their respective marketing years, but corn fell short of its mark.

Top business leaders, farm group urge Congress to act on immigration

Published Jul. 31, 2014

“American families are demanding locally grown vegetables and I want to provide that to them,” Thiel says in the ad by the Partnership for a New American Economy and the American Farm Bureau Federation. “So, please, tell Congress we need immigration reform now.”

U.S. cattle: Low inventory means producers reap benefits

Published Jul. 30, 2014

WASHINGTON — The number of cattle in the United States has fallen dramatically, but just how much may surprise you. As of July 1, there were 95 million head of cattle on U.S. farms, according to the cattle report published July 25 by the USDA’s National Agricultural Statistics Service. It’s the lowest inventory for July 1 since the series began in 1973.

U.S. grain farmers resort to giant storage bags to avoid cheap sales

Published Jul. 25, 2014

(Reuters) - As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool - giant sausage-shaped storage bags - to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc.

USDA and CoBank create rural infrastructure fund

Published Jul. 25, 2014

WASHINGTON, July 24, 2014 -- USDA and CoBank announced today a partnership to create a $10 billion fund to improve rural infrastructure, an investment Agriculture Secretary Tom Vilsack called both a “historic investment” and a “great first effort.”