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12 Jan 2024
While most traders were likely expecting only minimal changes to yield and production on the January World Agricultural Supply and Demand Estimates (WASDE) report, the fact that corn yield and production both scored record highs, and that the report also featured a similar rise in soybean yield and production, resulted in both markets falling sharp...
12 Jan 2024
MT. JULIET, Tenn. (DTN) -- CHS and Growmark, two of the nation's largest farmer cooperatives, announced they're formally working together to "identify opportunities for the two cooperatives to further collaborate." A CHS spokesperson told DTN leadership teams from CHS and GROWMARK will begin working on identifying potential opportunities right away...
10 Jan 2024
LINCOLN, Neb. (DTN) -- Engine manufacturer Commins Inc. will be conducting a nationwide recall of hundreds of thousands of RAM 2500 and RAM 3500 pickups as part of a $2 billion settlement on claims the company violated the Clean Air Act by installing emissions defeat devices. As part of a settlement originally announced at the end of December, Cumm...
10 Jan 2024
OMAHA (DTN) -- Retail fertilizer prices continue to operate on both sides of unchanged, according to retailers tracked by DTN for the first week of January 2024. For the second consecutive week, six of the eight major fertilizers were lower in price compared to last month while the remaining two fertilizers were slightly higher. DTN designates a si...
10 Jan 2024
OMAHA (DTN) -- At least a couple of cuts in the Fed interest rate are likely in 2024, offering short-term support for farmland values; but the astounding growth in land values remains susceptible to a 1980s-like crash as the country's long-term debt problem looms. Speaking Tuesday at the Land Investment Expo in Des Moines, a pair of former preside...