Mississippi River Shipping Rates Hit Record High

Harvest season is in high gear, and U.S. farmers have another supply chain challenge. Bloomberg says there aren’t enough barges moving goods up and down the shrinking Mississippi River. Drought is drying a vital American waterway, which means a lot less room for vessels moving corn and soybeans from farms to U.S. ports. At...

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Friday, September 30th, 2022 Video and Audio Program

USDA showed friendly numbers for corn and wheat on the release of their Quarterly Grain Stocks and Small Grains Summary reports on Friday while the soybean numbers were not so friendly. Plus, more escalation...

Thursday, September 29th, 2022 Video and Audio Program

We saw choppy market action in row crops on Thursday while wheat found some pressure and profit taking. Spread trading, position squaring ahead of Friday's USDA reports and end of the month all seemed...

Wednesday, September 28th, 2022 Video and Audio Program

We saw wheat move it's way higher on Wednesday as the U.S. dollar took a breather and broke off of its highs. More rhetoric from Vladimir Putin about ratcheting up Russia's war efforts in...

FSA to Consider Eliminating District Committees

Farm Service Agency Administrator Zach Ducheneaux told lawmakers late last week that he’ll give serious consideration to the recommendation to replace the FSA’s district...

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Senate Votes on USDA Nominees Off Until After Elections

USDA nominees for top trade and food safety posts will now have to wait until after the midterm elections in November for Senate confirmation votes. The Senate wrapped up work Thursday to head home for...

Exports Keep Adding Value to the Red Meat Supply Chain

U.S red meat exports continue to post solid numbers. Erin Borror, an economist with the U.S. Meat Export Federation, spoke during the Ag Outlook Forum in Kansas City. She says exports continue adding value...

Economist: Recent Farm Income Forecast Reason for Concern

Earlier this month, the Department of Agriculture released its 2022 Farm Sector Income Forecast, which showed a mixed bag for the farm economy. USDA’s Economic Research Service predicts producer cash receipts will increase 21 percent...
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