AGRIBUSINESS REPORT PODCAST – Tim Lust
Today’s guest is Tim Lust. Tim is CEO of the National Sorghum Producers (NSP) in Lubbock, Texas and he talks about the current crop situation, a couple of recent trade … Read More
Today’s guest is Tim Lust. Tim is CEO of the National Sorghum Producers (NSP) in Lubbock, Texas and he talks about the current crop situation, a couple of recent trade … Read More
Today’s guest is Patrick Wade is with Texas Grain Sorghum Producers http://www.ParamountBroadcasting.com/audio/podcasts/2024/20240502ABR.mp3
Today’s guest is Tim Lust. Tim is the CEO of the National Sorghum Producers (NSP) in Lubbock, TX and talks about how we’ll remember 2023, some of the excitement for … Read More
Today’s guest is John Duff is with Sero Ag. He talks about the 2023 sorghum crop, what’s ahead for 2024, and why there’s so much optimism for the future of … Read More
Today’s guest is Norma Ritz-Johnson, Executive Director of the United Sorghum Checkoff Program (USCP), and she talks about the research and promotion work going on for the sorghum industry today, … Read More
Today’s guest is John Duff with Sero Ag in Lubbock, TX, talking about the new climate-smart commodities program and sorghum’s role in the USDA plan and why this is different … Read More
Today’s episode looks at the latest developments with WOTUS, Congressional frustration with USDA over nutrition changes, how a new group is leveraging climate-smart crops with Wall Street investments, the future … Read More
Today’s guest is Kurt Kovarik with Clean Fuels Alliance America and Kim Baldwin, a United Sorghum Checkoff Program director from McPherson, KS. http://www.ParamountBroadcasting.com/audio/podcasts/20230316ABR.mp3
WASHINGTON, DC – Weaker export demand appears to be pressuring commodity prices as USDA projects lower season-average farm prices for wheat and corn and steady prices for soybeans and cotton. … Read More
AGRIBUSINESS REPORT PODCAST – Guest: John Browning is with Browning Seed in Plainview, TX, and talks about the sorghum industry and leadership opportunities through the United Sorghum Checkoff Program (USCP) … Read More
AGRIBUSINESS REPORT PODCAST – Guest: John Duff is with the National Sorghum Producers (NSP) and talks about a Climate Smart project and how sorghum has been in the “green” space … Read More
AGRIBUSINESS REPORT PODCAST – Guest: Zach Ducheneaux is Administrator for USDA’s Farm Service Agency in Washington, DC. The South Dakota native talks about some of the challenges FSA has had … Read More
AGRIBUSINESS REPORT PODCAST – Guest: Kody Carson is Chairman of the National Sorghum Producers (NSP) from Olton, TX. He talks with Steven Orr about the state of the sorghum industry … Read More
AGRIBUSINESS REPORT PODCAST – Guest: Ryan LeGrand is the CEO of the U.S. Grains Council (USGC) in Washington, DC, and talks about the past year for exports of American barley, … Read More
WATCH LIVE AT 12:30 – United Sorghum Checkoff presents: Finding the ‘Sweet Spot’
NEW ORLEANS, LA – Commodity Classic returns to an in-person event this year and kicks off this week in the Big Easy for America’s largest farmer-led, farmer-focused agricultural and educational … Read More
NEW ORLEANS, LA – Final preparations are being made for the 2022 Commodity Classic, a live and in-person experience for producers, exhibitors, and agribusinesses March 10-12, 2022. The three-day event … Read More
Corn sales hit a new marketing year high last week, while sorghum exports set a new high for 2021 according to the Foreign Agriculture Service, based on USDA’s Weekly Export Sales Report
There may be some growing concern in regards to crop exports and foreign demand amid higher commodity prices.
With a weaker dollar, and supply concerns around the globe, U.S. grain exports of corn, barley and sorghum are projected to break the all-time export record this marketing season.
For wheat, Net sales were down noticeably from the previous week, but up 55 percent from the prior 4-week average on increases primarily for Mexico, Taiwan, and Japan.
According to the Foreign Agriculture Service’s Weekly Export Sales Report, demand for U.S. sorghum from China is at its highest level in history.
Once every year, USDA releases their estimates on prospective plantings in the United States. For 2021, that report places the expectations for soybean plantings at 91.1 million acres, a 5 percent increase over last year.
Exports for last week eclipsed marketing year highs for corn and sorghum while sales increased for all major commodities except soybeans.
Huge demand from China is driving prices for sorghum in the U.S. higher while lower input costs and exceptional drought tolerance are increasing grower demand.
Sorghum export sales were strong again last week with China committing to purchase 4.3 million bushels of old crop sorghum and taking delivery of another 2.2 million bushels from the United States.
USDA released their latest Weekly Export Sales Report on Friday, a day later than normal due to the Martin Luther King, Jr. Holiday on Monday.
Last week was an active one for export sellers as all major commodities, except wheat, experienced an uptick from foreign buyers.
USDA end of year stocks estimate for all major crops is fairly easy to report: all are lower than in 2019. Specifically, corn stocks are slightly lower while wheat stocks are down 9 percent, soybeans are off 10 percent and sorghum stocks are down 12 percent as of December 1.
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Producers of the top five field crops in the United States have struggled to cover total costs of production over the past decade.
The European Union has eliminated import duties on certain U. S. products just four months after re-introducing those duties.
China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports.