Interesting changes are happening in the soybean market with soybean oil for biofuels being a huge driver of overall demand. According to the most recent update from the U.S. Department of Agriculture’s Economic Research Service, since the beginning of the marketing year (October 2020), soybean oil prices in Decatur, Illinois, have more than doubled. Soybean …
Soybean Oil in the Driver’s Seat as Biodiesel Demand Explodes Read More »
I recently ran across the most incredible story about a man named Barney L. Ford, an escaped slave who became one of the wealthiest men in the American West. Ford’s story is filled with a crushing number of obstacles that would surely break most people. He not only overcame slavery and a lifetime of discrimination, …
Challenging Ourselves… The Amazing Life of Barney Lancelot Ford! Read More »
Consumers have easily embraced plant-based meat alternatives, with promises like “sustainability” and “eco-friendly” striking a chord with many. The trend doesn’t look like it’s going anywhere either, and the world’s largest meat companies have definitely taken notice. The biggest U.S. meat conglomerates have all positioned themselves to take advantage of the alternative protein business, which …
Traditional Meat Companies Increasing Stakes in Alternative Products Read More »
As much as 25% of the world’s grain production is lost annually in the post-harvest supply chain due to spoilage and mycotoxin contamination. This is not only a massive financial loss for farmers but also a challenge for businesses and global governments who are now more than ever looking to improve food security. A company …
On My Investment Radar… Company Eliminating Illness-Causing Food Pathogens Read More »
New Zealand-based agtech company Vence is ramping up the roll-out of its virtual fencing system, armed with a $12 million cash injection from its latest funding round. The company utilizes hi-tech ear tags, collars, and other technology to control the movement of grazing livestock, while also keeping tabs on the well-being of the animals. And …
VIRTUAL Livestock Fencing System Coming to Market Read More »
Indiana farmer and well-known “Ag-vocate” Brian Scott, who does a lot of work with trying to bring the farmer and consumers together on topics of debate, once shared his collection of the most Game-Changing people in agriculture. Reading and reviewing the list makes me wonder what and who comes next? Will have something to do …
Tomorrow will mark the 159th anniversary of the United States Department of Agriculture, which President Abraham Lincoln called “the people’s department.” Lincoln signed the bill to establish the independent agency on May 15, 1862, with a stated mission to “acquire and to diffuse among the people of the United States useful information on subjects connected …
There have only been four times in the history of the drought monitor that we have seen more than 40% U.S. drought coverage as we come into early May, The current U.S. drought coverage is 46.6% of the lower 48 states in drought! The Southwest seems to be the worst affected and water shortages are …
Agricultural supply chains are very complex and have long suffered from a lack of transparency and trust between participants. In a trading environment like grain where margins are razor-thin, this roadblock not only slows things down but can cost farmers real income where it matters most. A company called “AgriDigital” is now leveraging blockchain technology …
As labor costs continue rising for the shrinking pool of U.S. farm workers, automation looks like an increasingly attractive option to many producers. Raven Autonomy has a grain cart system designed to help automate the harvest. Its AutoCart allows producers to control a driverless tractor and grain cart from the cab of a combine. In …
