Hay: 3rd Largest U.S. Crop in Harvested Acres – Why Is It Trending Lower?

🕔Sep 20, 2018Hay is the 3rd largest U.S. crop in terms of harvest acres.  It also provides environmental services, notably erosion control.  Understanding the U.S. hay market is therefore important for both market […]

Illinois Corn, Soybeans: 2019 Crop Budgets Suggest Dismal Returns

🕔Sep 19, 2018Due to lower soybean prices and higher costs, budgets suggest returns will be very low for corn and soybeans in 2019.  Conserving cash, cutting investments, reducing costs, and renegotiating cash […]

Corn Market: USDA Record Yield Forecast Weakens Prices – Video

🕔Sep 18, 2018The USDA crop production report released last Wednesday led to a drop in corn prices as a record yield forecast surprised the market. The December corn futures price dropped to […]

Ethanol Demand Destruction and Small Refinery Exemptions

🕔Sep 14, 2018Small refinery exemptions (SREs) represent the latest controversy to engulf the Renewable Fuel Standard (RFS). When the U.S. Congress first created the RFS in the Energy Policy Act of 2005 it […]

Illinois Corn, Soybeans: 2018 Gross Revenue Depends on Yields, Pre-Harvest Hedging

🕔Sep 12, 2018Recently released yield estimates and the announcement of Market Facilitation Program details allows for more accurate estimates of 2018 gross revenue for corn and soybeans. Gross revenue in 2018 could […]

Soybeans: How Have Exports Fared Since the Onset of Tariffs?

🕔Sep 10, 2018The evolving developments with tariffs between the U.S. and China continue to influence the outlook for soybean prices.  The relationship between U.S. and competitor export prices along with the changing […]

Ag Trade: Where Do Things Stand with Our Trade Partners?

🕔Aug 30, 2018The last month has produced a lot of news on the trade front, much of which has implications for US farmers and their markets.  All of the largest and most […]

Trade Aid for Farmers: Dollars and “Sense” – USDA Market Facilitation Program

🕔Aug 29, 2018USDA released details on aid it will provide to farmers in response to trade disputes, resulting in tariffs instituted by the U.S. and retaliatory tariffs from trading partners, especially China. […]

Livestock: Cattle on Feed Inventories Nearly 5% Above Last Year

🕔Aug 27, 2018USDA released its August Cattle on Feed report last Friday, providing an update with respect to the current on feed inventory along with estimated placements on feed during July, which will influence […]

Soybean Market: How Big an Impact Does China Have on Global Trade?

🕔Aug 22, 2018Soybeans are one of the products at the center of President Trump’s use of tariffs to impact trade policy. China has imposed a 25% counter-tariff on US soybeans. It buys […]

The Latest


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events