UI Awarded $10M Grant To Expand Dairy’s Bio Economy

A team of researchers at the University of Idaho recently secured a $10 million grant from the USDA to evaluate the use of bioproducts generated by the dairy industry. The U of I’s Mark McGuire says this five-year project will involve a wide variety of disciplines, and this funding will allow them to look at […]

What Would Ag Need In Another Round Of COVID-19 Stimulus?

It’s expected that serious negotiations on a final COVID-19 stimulus bill are expected the latter this month after Congressional lawmakers return from a two-week holiday recess. The politics and contents of what’s expected to be a final pandemic stimulus are uncertain as the election nears, but Ag-state lawmakers are increasingly confident there will be some […]

CoBank Issues Quarterly Economic Review

CoBank says the recent rebound in the U.S. economy is real; the sharpest post-shutdown economic gains are almost certainly behind us; and a long grind to shore up a shaky economy lies ahead. Despite COVID-19, U.S. grain has been moving and basis has generally tightened since April 1st. Ethanol production and margins began to recover […]

Oil Prices Hold While COVID-19 Questions Remain

Despite a surge in coronavirus cases in the U.S. and internationally, oil prices have held steady over the past week. Oil prices were down slightly in Monday’s action, trading in the high $39 per barrel range; a range we’ve seen for the week or so. While oil prices have held steady as of recent, figures […]

NW Winter Wheat Production Down 1%, Spring Wheat Up

According to NASS, year over year winter wheat numbers dropped across the Northwest. According to the latest USDA figures, Washington winter wheat production is forecast at 122 million bushels, up 1% from last month and up 3% from last year. Harvested area, at 1.65 million acres, is down 50,000 acres from 2019. Yield is expected […]

USDA Extends Flexibilities Though June

The USDA announced last week it will continue to provide flexibilities to ensure children who need meals receive them, whether or not they are physically at school this fall. “Schools, a lot of them, are still uncertain about what they’re going to do for fall over even spring and so they’re looking at a number […]

Ag Trade Surplus Remains, But Shrinking

According to the latest numbers from the USDA, the U.S. continues to enjoy an Ag trade surplus with other nations; but that surplus is shrinking. When comparing the first eight months of the current fiscal year with a year earlier, “exports are every so slightly down and imports are slightly up,” noted USDA Economist, Mark Kenner. […]

USDA Accepts Over One Million Acres in CRP Grasslands

The FSA accepted more than 1.2 million acres in the Conservation Reserve Program Grasslands during the recent signup. The number of acres offered during signup was 1.9 million, more than three times the number offered during the last signup period in 2016. Through CRP Grasslands, farmers and ranchers can protect grasslands, rangelands, and pastures, while […]

Trump: China Phase Two Agreement Unlikely

President Trump recently told reporters a Phase Two agreement with China is not likely. On Air Force One last week, the President said aboard Air Force One last week, “I don’t think about that,” adding, “The relationship with China has been severely damaged.” Bloomberg News reports the Trump administration continues to pressure China over the […]