As the geopolitical conflict between Russia and Ukraine comes back into focus following the attacks on port infrastructure in the Ukrainian Black Sea ports of Odesa, Chornomorsk, and the terminals along the Danube River, wheat market volatility remains an ever-present risk. Despite the recent swings, export basis trends can help provide clues to potential buying opportunities for …
Category: Ag News
Jan 11
Growth Energy CEO Sets Industry Agenda During IRFA Summit Keynote
Growth Energy CEO Emily Skor delivered the keynote address to the Iowa Renewable Fuels Association’s Renewable Fuels Summit today. Speaking alongside Governor Kim Reynolds, Florida Governor Ron DeSantis, former United Nations Ambassador Nikki Haley, U.S. Secretary of Agriculture Tom Vilsack, and former Arkansas Governor Asa Hutchinson, Skor updated the crowd on the state of the …
Jan 11
Federal Order Pool Losses Continue from 2018 Farm Bill Formula Change
Since May 2019, the price for Class I milk, i.e., milk used to produce beverage milk products, has been calculated using the simple average of advanced Class III (cheese) and Class IV (milk powders) skim milk prices plus 74 cents. In years prior, the formula was the “higher-of” advanced Class III and Class IV skim …
Jan 11
The National Wheat Foundation and BASF Award Scholarship
Two college students pursuing degrees in agriculture that will benefit the wheat industry will be awarded $2,500 scholarships this semester. Thanks to a great partnership with BASF, the National Wheat Foundation is pleased to award these annual scholarships to undergraduate college students. “All the applicants were excellent and it was very difficult to select only …
Jan 11
Frank Lucas and Craig Hill Presented Farm Bureau’s Highest Honors
Frank Lucas (R-Okla.) and former Iowa Farm Bureau President Craig Hill are the recipients of the American Farm Bureau Federation’s 2024 Distinguished Service Award and Farm Bureau Founders Award, respectively. The DSA and Founders Award are the highest honors presented by AFBF. Lucas and Hill will be recognized during the 2024 American Farm Bureau Convention, …
Jan 11
Biden-Harris Administration Announces Awards to Increase Access to Clean, Affordable Domestic Biofuels as Part of President Biden’s Investing in America Agenda
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that USDA is awarding $19 million in grants to U.S. business owners to increase the availability of domestic biofuels in 22 states and give Americans cleaner, more affordable fuel options at gas station pumps as part of President Biden’s Bidenomics agenda to lower costs and …
Jan 11
2024 Online Auction Underway for Vehicles, Surplus Equipment
Bidding is underway in an online auction of Oklahoma Department of Wildlife Conservation surplus vehicles and equipment. Potential bidders can view and bid on auction items at purplewave.com/auction/240130. The Wildlife Department annually auctions surplus vehicles and equipment to the public. For this event, the Department has 40 vehicles, agricultural equipment, trailers, electronics, and various shop equipment …
Jan 11
At Drummond’s urging, federal treasury bureau grants timely corporate ownership info to state, local, tribal entities
The Financial Crimes Enforcement Network (FinCEN) has granted state, local and tribal entities appropriate access to corporate ownership information following a national effort led by Attorney General Gentner Drummond. Drummond and 41 other attorneys general asked the U.S. Department of Treasury bureau last February to adjust its proposed requirements for a national database established …
Jan 11
Allen Goode Commends Brangus Breed for Exceptional Environmental Adaptability and Carcass Quality
At the 2024 Cattlemen’s Congress, Senior Farm and Ranch Broadcaster Ron Hays had the chance to talk about the Brangus breed with Brangus producer Allen Goode. Aside from being a Brangus producer, Goode is also a past president of the International Brangus Breeders Association (IBBA). “It is a pleasure for the Brangus breed to be …
Jan 11
Oklahoma Agricultural Leadership Program marks 40-year milestone
The Oklahoma Agricultural Leadership Program, an experience dedicated to empowering leadership in agriculture and rural Oklahoma, celebrates 40 years in 2024. Since 1982, OALP has been a trailblazer in providing leadership development for Oklahoma residents involved in the agricultural industry. OALP is hosted through Oklahoma State University Agriculture to attract potential leaders and encourage them …