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16Nov

Global Ethanol Demand Expected To Rise

Producers jittery about the fate of ethanol took comfort when President Donald Trump told EPA to back off proposed measures to cut federal biofuel requirements and lump fuel exports into domestic quotas. The decision, with projections showing steady demand for renewable fuel, suggests a path to market for grain earmarked for energy. Although ethanol prices are set to tick a few cents per gallon higher next year, some factors remain decidedly out of producers’ control, according to the 2017 International Biofuels...

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16Nov

Pork Industry Adds Packing Capacity

Pork producers are optimistic about the future and for good reason. In a short one-and-a-half years, the industry has increased harvesting and processing capacity from 116.2 million hogs annually to almost 130.4 million head, according to USDA. A full 6% of the increase came online in September, when a Clemens Foods plant opened for business in Coldwater, Mich., with capacity of 8,000 head per day and a Triumph-Seaboard Foods plant started up in Sioux City, Iowa, to process 10,500 head daily. Within...

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15Nov

President Trump looks to gain NAFTA leverage, farm state leaders urge caution

The stock market is setting new records, gross domestic product (GDP) growth is at 3 percent and President Trump says he'll continue to focus on jobs even it means dropping the North American Free Trade Agreement (NAFTA). The trade pact, now in renegotiations, is top of mind for President Trump. "We are working on many trade deals that have treated our country very unfairly for many years," said President Trump. "They didn't know what was going on and those days are over." He...

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15Nov

Make Your Nitrogen Management Plan Now

Whether you apply in the fall, spring or a variety of times through split application, you need to be strategic about nitrogen. “This is the right time to sit down with your retailer, look at your cropping systems and see what will be best for you when it comes to spring versus fall-applied nitrogen," says Tom Fry, sales manager of premium products with The Mosaic Company. “The decision is a function of multiple factors- cropping systems, typical fall versus spring soil...

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15Nov

Ethanol Demand, Exports Could Create Fresh Demand

The USDA is calling for another record corn crop at 175.4 bushels per acre and near-record production for soybeans with an average of 49.5 bushels per acre. Now, the industry is looking for new opportunities and fresh demand which could come in the form of fuel. Ethanol demand remains robust as the Renewable Fuels Association (RFA) says it continues to see the expansion of E15 and E85 coupled with ethanol exports. According to the RFA, nearly 90 percent of 2018 vehicles sold...

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