Articles Tagged with ''corn''

U.S. corn and ethanol groups are celebrating a recent shipment to Mexico of gasoline with a 10% ethanol blend, but the fate of a more permanent acceptance of E10 in the country isn’t yet solidified as the government works to rewrite regulations to boost the legal blend rate.

The Department of Agriculture slightly raised 2020/21 beginning and ending corn stocks in the World Agricultural Supply and Demand Estimates (WASDE) report released Thursday, but traders showed little reaction.

Farm earnings are likely to fall sharply this year despite the $16 billion in COVID-19 assistance payments now being distributed, and farmers’ income is likely to drop again in 2021 without additional government aid, according to a widely followed forecast of the agricultural economy.

Specialty crop farms spent more than three times more money on labor costs than other types of operations, according to data from USDA’s 2018 Agricultural Resources Management Survey.

The House is back in session today with plans to focus on must-pass bills this summer, with fewer of the political messaging votes that are often typical for an election year.

Farmers will get some welcome relief starting next month from the market impact of the coronavirus, but it will take a second round of payments to keep many in the black this year, and producers may face similar problems into next year.

Cattle, dairy and hog producers as well as corn and soybean growers are expected to collect the largest shares of USDA’s $16 billion in coronavirus relief payments, which are designed to compensate for losses in sales or market value between January and April.

Farmers can start enrolling next week for $16 billion in coronavirus relief payments, but the Agriculture Department has decided to prorate the aid to ensure there is enough money to go around, Agri-Pulse has learned.

Anti-biotech activists and sentiment are entrenched throughout Africa, but U.S. farm groups and businesses are hoping a free trade agreement with Kenya will help the country break through its GMO barriers and provide an example to other nations of what the science can do for farmers and food security.

China snapped up another 136,000 metric tons of 2019-20 U.S. soybeans this week, according to a USDA announcement Tuesday, showing the country is not letting up on purchases that go toward meeting its promises under the “phase one” trade agreement.