Fuel prices began the new year declining after a late-year increase during the holidays. The national average is down 17.3 cents from a month ago and 12.6 cents lower than a year ago.
The USDA released its June Planted Acreage Estimates, that shows corn planted area in 2023 is estimated at 94.1 million acres, up 6% from last year and the highest in the U.S. since 1944.
America has a shortage of diesel, putting pressure on suppliers to get more into the fuel supply. A new USDA survey says cover crops are more popular than first thought.
California’s walnut crop is forecasted at 720,000 tons, down by 1% from last year. Ag Secretary Tom Vilsack announced the USDA is awarding loans and grants to help provide high-speed internet for rural areas.
U.S. ag commodities trader and processor Cargill has acquired a soy processing facility in eastern China via a judicial auction, expanding its crushing capacity.
President Trump’s trade deal may have been short on details about Chinese ag purchases, but Brazil’s two-year, non-stop soybean bonanza will likely come to an end.
The European Union’s new trade chief will visit Washington D.C. next week in a bid to repair relations frayed by U.S. measures against imports from the EU.
WinField United's InterLock Adjuvant has been named the "2019 Product of the Year" and Corteva Agriscience's Enlist E3 Soybean Trait as the "2019 NEW Product of the Year."