Jerry Gulke: Buy the Rumor or Sell the Fact?

Stabenow Stresses Fair Payments, Climate Change Mitigation and USDA Confirmations

Priority No. 1 for Stabenow is to get Tom Vilsack confirmed to return as USDA Secretary. She says she expects fairly smooth sailing in Tuesday’s confirmation hearing and in a subsequent floor vote for confirmation.

Grain Markets Trade Violently, Dairy Remains Constant

In the CME Cash Dairy Product Trade, blocks dropped 1.75¢ to $1.58 per pound. Barrels fell 1¢ to $1.39 per pound on 15 trades. Butter melted 1.25¢ to $1.27 per pound. Grade A Nonfat Milk gained ¾ of a penny to $1.17 per pound.

What Farmers Need to Know About USDA Suspending Farm Loan Debt Collections

COVID-19’s ripple effect has again hit the farming community. This time, USDA responded by announcing a temporary suspension of past-due debt collections and foreclosures for borrowers under the Farm Storage Facility Loan and the Direct Farm Loan programs administered by FSA.

Big Buys Turn Historic as China Sales Shatter Export Records

China’s appetite for U.S. corn seems unstoppable. Just this week, daily sales of corn to China added up to a record.