The American Soybean Association (ASA) just completed its July board meeting, and it is urging USDA to provide an administrative fix to the 2014 Farm Bill regarding the way payments are calculated under the Ag Risk Coverage (ARC) county-based payment program.The American Soybean Association (ASA) just completed its July board meeting, and it is urging USDA to provide an administrative fix to the 2014 Farm Bill regarding the way payments are calculated under the Ag Risk Coverage (ARC) county-based payment program. ARC was established in that bill, and payments made in October 2015 for 2014 saw a wide variance among counties, including neighboring ones. The ARC program is designed as follows:
A producer makes an election to enroll each cov...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
