Iowa farmers on Thursday urged members of Congress to be cautious in seeking to curb China's theft of U.S. intellectual property and unfair trade tactics, noting the nation's importance as a consumer of soybeans and other commodities.
Drought has spread into regions this fall essential to the Biden administration’s plans to boost wheat production through double cropping, but many farmers who follow the practice in their normal rotations haven’t strayed from their plans to sow winter wheat this fall.
A Senate Agriculture Committee member says the Department of Agriculture is “seriously evaluating” a letter sent by members of Congress from the upper Midwest that would support farmers struggling with late planting.
USDA expects U.S. ag exports to hit a new record this year and projects continued strong prices for major commodities this year while acknowledging that Russia's invasion of Ukraine has injected new uncertainty into world markets.
CHS is the latest soybean processor hoping to increase its presence in the renewable diesel sector, as the company announced a $60 million expansion of its Mankato, Minn., soybean processing plant on Tuesday.