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Ag News
New Soybean Futures Contract?
Financially settled Brazilian Soybean futures could soon have a more precise tool to manage exposure to the Brazilian market. I'm told Chicago-based CME Group Inc. plans to start a Brazilian soybean futures contract with the country’s B3 exchange, and it is hoped to help hedge as the global flow of beans continues to shift and evolve. I should mention, this ...
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Pandemic, Floods, Drought, Locusts…And Patience
CORN bears are pointing to prices pulling back -30 cents in just the past couple of weeks despite bullish buying from the Chinese. There seems to be more and more talk inside the trade of the U.S. average yield working itself higher and perhaps pushing to a new record north of +180 bushels per acre. I've been on the opposite ...
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Digital Steaks Could Soon Disrupt the Meat Market
Growing demand in the alternative meat sector is gaining traction and expected to surpass the $140 billion mark within the next 10-years. Even with all the new alternative meat products hitting the market, the food industry currently relies on analog technologies to develop and produce them. This is why Israeli startup "Redefine Meat" is on a mission to introduce a ...
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NOAA Says Watch for La Niña Weather Pattern
Meteorologists at the National Oceanic and Atmospheric Administration have issued a La Niña watch, which could have significant impacts on weather across the globe this fall. The La Niña weather pattern, as well as its counterpart El Niño, are the "cold" (La Niña) and "warm" (El Niño) phases of one of the most significant climate phenomenon on the planet, the ...
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A Little Ice Cream History
July is National Ice Cream Month and this year National Ice Cream Day falls on this Sunday the 19th. Keep in mind, this is not just another made-up day used as an excuse to treat yourself to one of America's all-time favorite desserts. President Reagan actually made this an officially recognized day back in 1984 when he declared the third ...
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Rural America’s Resilience Amid Coronavirus
Rural America has been impacted at every level over the past four months amid the coronavirus pandemic that, unfortunately, maybe far from over. The latest update from CoBank's Knowledge Exchange indicates that the initial surge in economic activity experienced as cities and states came out of lockdown in May and early-June might have plateaued. Still, CoBank believes rural industries have ...
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Lessons from Legendary Champion Ranch
If you spend any time perusing the luxury real estate listings, it doesn't take long to find a piece of property that will literally make you drool. One of those here in the U.S. is the Champion Ranch in Centerville, Texas, which I just recently learned may be close to having a buyer. It is a little shocking that it ...
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Who Has the World’s Most Expensive Fruit
Japan has viewed fruit as a luxury item for centuries. Where produce comes from and how it looks is very important in a country that barely uses 12% of is own land mass for crop production, most of which is dedicated to rice. Being an island, much of the country's food has to be shipped in, meaning they also incur ...
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USDA Begins Stocking Vaccine Bank
Now more than ever, Americans have a greater sense of how important vaccines are for not only preventing disease but also for maintaining our everyday lives. Coronavirus is ravaging the human population right now, following a devastating year in China where nearly half its hog population was destroyed by African Swine Fever. These back-to-back examples of how devastating disease can ...
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Crops Not Only Thing Stressing in the Heat… so are Cattle!
Cattle ranchers are pointing to the dangerous conditions persisting through the south and parts of the midwest that are significantly raising the risk of heat stress in the herds. It can be a common theme this time of year when hot temperatures combined with other environmental factors often create safety hazards for livestock. With forecasters calling for above-average temperatures across ...
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