Federal Reserve-Observations on the Ag Economy- July 2020
On Wednesday, the Federal Reserve Board released its July 2020 Beige Book update, a summary of commentary on current economic conditions…
House Bill Would Increase Investment in Inland Waterways, Flood-Control Projects
The next bill detailing investments for locks and dams and other inland waterways investments passed out of the House Transportation…
Green Plains Alleges ADM Manipulation
Omaha-based Green Plains Inc. alleges Archer Daniels Midland conducted a scheme to illegally depress the ethanol cash spot market beginning…
Hoping for Rain-Crops at Mid-Season 2020
While the record will show that planting progress for both corn and soybean crops in Illinois was close to normal…
China Makes Record U.S. Corn Purchase
Bloomberg writers Michael Hirtzer and Isis Almeida reported on Tuesday that, “China made its biggest purchase ever of U.S. corn in another…
Looking to Expand CFAP Aid
Lawmakers and others continue calling on USDA to broaden both its programs for farmers and food aid meant to respond…
Texas Pecan Crop Expected to Be Hit or Miss
Texas pecan producers reported mixed crop expectations as they entered an important part of the growing season, said a Texas A&M…
Illinois Grain Farm Incomes in 2020
We project net incomes for a typical Illinois grain farm in 2020. Before the onset of COVID-19, 2020 net incomes…
Hello, La Niña
La Niña is back. Well, maybe. U.S. forecasters last week issued a La Niña watch, predicting the cooling of the…
USDA Weekly Crop Progress Report
Condition ratings for both U.S. corn and soybeans fell last week, USDA NASS said in its weekly Crop Progress report…