Wet, cool weather in the first half of the growing season for most of the Midwest has had a negative effect on forage crops.
Business & Inputs
"It's not a mayday situation," one industry source noted. But supplies might be tighter for certain products.
White Plains, New York-based Bunge Limited announced on Monday an agreement with BP plc to form a 50-50 joint venture that will create a leading bioenergy company in Brazil, one of the world's fastest growing markets for biofuels.
A 356,000-barrel (bbl) build in ethanol stocks in the United States pushed total supply to a 23.365 million bbl eight-week high during the week-ended July 12.
Casey's General Stores and the Kansas Corn Commission recently announced the addition of E15 fuel at several of Casey's locations across Kansas.
Some view the need for upgraded flood control to improve climate resiliency while others see a need to refocus the U.S. Army Corps of Engineers more on flood control and less on environmental rehabilitation. Either way, a retired Corps...
Cornfields are starting to show the consequences of wet and delayed planting conditions.
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||3.125||3.125|
|Real Estate *||6.53||4.53|
|Feeder Livestock *||5.23||4.48|
|Farm Machinery *||5.90||5.44|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|