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11 May 2022
OMAHA (DTN) -- President Joe Biden will visit a family farm in northeast Illinois on Wednesday to highlight a new series of actions to increase U.S. crop production, including aid to boost domestic fertilizer production and expand "precision agriculture" on farms through a cost-share program for technology. Biden will visit a farm near Kankakee, Il...
11 May 2022
OMAHA (DTN) -- Retail fertilizer prices continue to be mostly higher compared to last month, according to prices tracked by DTN for the first week of May 2022. Seven fertilizers were more expensive, although none were up significantly, which DTN designates as a price move of 5% or more. DAP had an average price of $1,057/ton (all-time high), MAP $1...
10 May 2022
COLUMBIA, Mo. (DTN) -- Farmers have a mixed bag of feelings as we head into a delayed 2022 planting season. The latest DTN/The Progressive Farmer Agriculture Confidence Index is a slightly optimistic 105.8, up slightly from the 98.5 in December and down 17 points from spring 2021. The latest survey of 500 farmers was conducted in late March and Apr...
10 May 2022
USDA's May 12 WASDE report will be the first in 2022 to offer a mix of old- and new-crop estimates, taking into account drought in several regions, the war in Ukraine and a new season of planting getting underway in the U.S. CORN The Thursday, May 12, World Agricultural Supply and Demand Estimates (WASDE) report finds traders concerned about drough...
10 May 2022
ANKENY, Iowa (DTN) -- Soybean oil used to be so plentiful decades ago that restaurants, food manufacturers and other industries couldn't use it all. Surplus supplies were viewed as a waste product with little value. How times have changed. The fortunes of soybean oil have come full circle thanks to a renewable diesel fuel boom that is driving soy o...