Let’s face it. The recent USDA reports have been a jolt to reality. Given some early adverse growing conditions, just about everyone expected a yield decline to set off a market run. Instead, projections on corn and soybean yields are higher than expected, deflating optimism for a price rally across the country. Nate Brabec, my…
The ADM Cedar Rapids facility has recently increased its overall corn space by 4+ million bushels by adding a third dumping location and outbound scale to handle an additional 25 trucks per hour. In addition, Cedar Rapids has extended its operating hours during the busy harvest season so farmers can experience shorter wait times, reduced…
ADM has announced it’s working with Cargill to develop information technology that will give farmers powerful insights into their production economics, and consolidate grain marketing activities into a single digital platform.
It was a challenging 2018. The year started with positive news: projections of record soy demand and weather issues in Argentina. But then we had a perfect storm: a trade war, a better-than-expected South American crop, and another huge U.S. harvest. Mid-summer saw a dramatic drop in commodity prices that’s still trying to recover. When…
