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Daily Network News

  • File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)

    USDA defends $12 billion subsidy amid farm economy challenges

    2 days ago
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Soybeans


Photo: iStock
Crops, News

USDA announces new interim rule for biofuel guidelines

By Adam Peleshaty, MarketsFarm Team January 15, 2025
The U.S. Department of Agriculture announced a new interim rule on Jan. 15, 2025 to aid production of biofuel feedstock crops as well as promote climate-smart agriculture.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy rally stalls as farmers sell grain; Argentina weather eyed

By Julie Ingwersen, Reuters January 14, 2025
U.S. corn futures retreated on Tuesday on a round of profit-taking after a tighter U.S. supply outlook lifted prices to one-year highs, analysts said.


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grain: Corn futures hit 1-yr high after USDA tightens supply view

By Julie Ingwersen, Reuters January 13, 2025
Benchmark corn futures Cv1 on the Chicago Board of Trade hit their highest in a year on Monday and soybean futures Sv1 notched a three-month top on follow-through buying after the U.S. Department of Agriculture last week cut its estimates of the size of the U.S. 2024 crops, analysts said.

South American soybean crop too big to fail
Markets

South American soybean crop too big to fail

Even a few setbacks won’t seriously dent Latin America’s production prospects

By Adam Peleshaty January 13, 2025
Weather is starting to turn against soybeans in South America, but that probably won’t be enough to keep the harvest from being big.


Photo: iStock/Getty Images
News, Reuters

Pace of soy harvest in Brazil’s biggest farm state is slowest in 7 years, AgRural says

By Reuters, Roberto Samora January 13, 2025
Rains are disrupting the start of Brazil's 2024/25 soybean harvest in Mato Grosso, agribusiness consultancy AgRural said on Monday, adding that the pace of work in the country's biggest farm state is the slowest in seven years.

File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Markets, Reuters

China soybean imports hit record in 2024 ahead of Trump inauguration

By Mei Mei Chu, Reuters January 13, 2025
China imported the most soybeans on record in 2024 as buyers concerned about rising U.S.-China trade tensions rushed to secure U.S. supplies ahead of President-elect Donald Trump's inauguration.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn and soybeans leap on smaller-than-expected US harvest

By Reuters January 10, 2025
Chicago soybean and corn futures surged on Friday after the U.S. Department of Agriculture projected lower-than-expected U.S. production after a dry end to the growing season.

Valero Energy’s ethanol plant at Aurora, S.D., about 90 km north of Sioux Falls. (Valero.com)
News, Reuters

US issues partial guidance on clean fuel subsidies, chafing ethanol makers

By Reuters January 10, 2025
U.S. biofuels groups are eager for clarity on the tax credits for fuels that combat climate change, which they hope will ultimately provide a pathway for corn-based ethanol to expand its market as a feedstock for sustainable aviation fuel.


(Photo courtesy United Soybean Board)
Cereals, Markets

Cuts to U.S. soybean, corn production

U.S. soybean, corn stocks mixed, more winter wheat planted

By Glen Hallick - MarketsFarm January 10, 2025
The United States Department of Agriculture cut its calls for 2024/25 U.S. soybean and corn production in its World Agricultural Supply and Demand Estimates (WASDE) released Jan. 10.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soybeans, corn rise as traders position ahead of USDA report

By Reuters January 9, 2025
Chicago soybean and corn futures ticked up on Thursday as traders squared positions ahead of a major U.S. Department of Agriculture supply-and-demand report due on Friday.


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