Supply chain issues continue to cause disturbances as the U.S. IP soybean market has product but is finding it increasingly difficult to secure transportation to export to the countries with the highest demand. As Canadian producers are working to fulfill contracts around the world, producers south of the border are looking to do the same... Read More
Category: Commodity Classic
It seems the only certainty in the ag industry is knowing there will always be a level of uncertainty. Knowing this, Agricultural Economic Insights (AEI) have designed a tool to help farmers forecast commodity prices within specific timeframes, share their predictions, and even get a payout if they are the most accurate. David Widmar, with... Read More
After being back on the road and attending several trade shows filled with machinery, one thing is certain — combines aren't getting smaller, and neither are the headers. Kevin Forth, tactical marketing manager for Fendt, was on hand at Commodity Classic at New Orleans, Louisiana, to showcase the latest addition to the Fendt IDEAL combine... Read More
As producers start to prepare for the upcoming seeding season, equipment manufacturers are also preparing for what could be another successful year for their industry. Despite all of the challenges that came with the pandemic, including persistent supply chain shortages, the ag equipment industry has seen strong sales over the course of the last two... Read More
It's not easy to get a handle from an economic perspective on what some of the outcomes and the impacts are of the Russian invasion of Ukraine. It's already caused inflationary pressure, as Russia becomes cut off from the rest of the world, but as Kevin McNew, chief economist at Farmers Business Network (FBN), explains,... Read More
The electrical current that makes the global supply chain run is reliability and predictability. If ever someone had "unplugged" that current, it's now. Mike Steenhoek, executive director of the Soybean Transportation Coalition, says that the past few weeks and few years have been a real eye-opener for some, that what happens half-way across the globe... Read More
Move over, green-on-ground spray technology: green-on-green is here. And not just any green, John Deere green. Kaylene Ballesteros, product manager with John Deere, took RealAgriculture's Kara Oosterhuis for a tour of the tech at Commodity Classic at New Orleans, Louisiana, last week. "This here is our See & Spray Ultimate. That is our in-season solution... Read More
Supply chain disruptions from fertilizer, to fuel, to equipment and equipment parts have plagued the agriculture industry for several months, but there isn't an end in sight. Eric Raby, senior vice president of Americas for CLAAS was at Commodity Classic at New Orleans, Louisiana, providing customers with some answers to some of their questions. The... Read More
In the near term, at least, all bets are off as to just how high fertilizer prices might climb. "We already had situation where last fall, China had stepped out and said 'no more exports of fertilizer, phosphate and nitrogen.' That was bad. Now all of a sudden we are talking about removing Russia. That... Read More
The head-spinning volatility in the grain markets that has coincided with Russia's invasion of Ukraine is expected to continue for a while, as the market continues to grapple with what the war means for a supply-demand scenario that was already tight. "We need to remember the table was set coming into this. We were already... Read More