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Ag News

Broke Bob’s Ag Equity Report: Ukraine War’s Impact on Ag Equities

Wars can swing commodity prices widely. Certainly, this has been true in Ukraine. The question for readers of the Van Trump Report is how markets might react if hostilities in Ukraine were to cease and tensions in the Middle East subside, or conversely, should conflicts spread further into the Middle East and China Sea. In this fourth installment, we review ...
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What You Need to Know About India’s Agricultural Sector…and Opportunities for US Exports

Over the next five years, Indian households are predicted to become the biggest spenders among the G20 countries, a group composed of most of the world’s largest economies. Already, India has the largest population of any country in the world at an estimated 1.4 billion in 2023. According to the United Nations, that equates to roughly 18% of the total ...
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China’s Recent Weather Extremes Could Drive Up Grain Imports

China started this year by unveiling big plans to boost its agricultural production and minimize imports. However, Mother Nature seems intent on derailing those plans, at least for this growing season, with China’s farmers battling drought and scorching heat in the northern half of the country and extreme flooding in the south.High temperatures and lack of rainfall have caused intense ...
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It’s Soybean Scouting Season – What You Need to Know

We have reached that time of year when it’s important to be scouting soybean fields for an array of yield-sapping pests and diseases. Catching problems early gives crops the best chance of minimizing yield loss, something that has become even more important amid razor-thin margins for many farmers. Just as important to identifying trouble in the field is understanding the ...
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Honeybee Killing “Yellow-Legged Hornet” Invading US

A few years ago, Americans were warned about “Asian Giant Hornets” - aka “murder hornets” - that were spotted in Washington state. While that menace seems to be under control for now, a new Asian hornet species known for its penchant for murdering honeybees has snuck into the US. The “Yellow-Legged hornet” feeds on a variety of other native pollinator ...
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What’s Going On with Russia’s Wheat Crop?

Russia has declared a series of federal emergencies recently amid crop-damaging frosts and drought that are denting the country’s wheat prospects. The US Department of Agriculture (USDA) in its most recent June update trimmed Russia’s 2024-25 wheat production by -5 million metric tons (MMT) to 83 MMT. Other forecasters are even less optimistic, including local analyst Sovecon that pegs the ...
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Heat Kills More Americans than Any Other Weather-Related Disasters… Pay Attention to These Symptoms! 

The effects of heat on the body are well known: over-heating strains the heart and kidneys, causes headaches, disrupts sleep, and slows cognition. In extreme cases, heat stroke can lead to multi-organ failure and even death! Heat stroke occurs when the body reaches an internal temperature of 104 degrees and above. By this point, blood pressure has often dropped too ...
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World Livestock Auctioneer Championship Comes to Oklahoma this Weekend

Oklahoma City is the place to be this weekend if you are an auctioneer, or just a fan. The 2024 LMA Convention, hosted by the Livestock Marketing Association (LMA), takes place from June 12th to 15th. The convention culminates on Saturday with what is no doubt the main attraction - the World Livestock Auctioneer Championship (WLAC), which is celebrating its ...
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Great NEW Concept… Bid on Beef!

This was sent my way the other day and I thought it was a great idea. CK6 Consulting recently approached Texas Beefhouse with a concept of taking beef to a live public auction. The DuVall family at Capitol Angus was fearless and willing to take on the challenge. The CK6 team works in price discovery every day in the Angus ...
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Cookies and Cakes Could Soon be Flavored by…Corn?

Bakers out there have likely noticed that the price of real vanilla has skyrocketed the last few years amid a global shortage. The flavoring is essential for many baked goods and can be at least partially blamed for high prices at the grocery store. Santa Barbara based startup Spero Renewables has figured out a way to make a vanilla flavoring ...
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