Bloomberg News reported this week that, “President Donald Trump said he called off last weekend’s trade talks with China, raising questions about the future of a deal that is now the most stable point in an increasingly tense relationship. ‘I canceled talks with China,’ Trump said Tuesday in Yuma, Arizona. ‘I don’t want to talk to […]

Farming is a capital intensive venture with specialized equipment needed for various field operations, including several different implements used for tillage. Machinery ownership and labor can be costly. Two methods for managing tillage costs are to 1) reduce tillage passes and 2) outsource tillage operations. Background Recently released crop budgets (farmdoc daily, August 4, 2020) project losses […]

The highly anticipated August Crop Production report presented a record yield for soybeans this year.  Despite the forecast of higher production, soybean futures went into the weekend up over 30 cents for the week.  Strong Chinese demand and skepticism surrounding production levels supported this rally. The soybean crop forecast of 4.425 billion bushels is 873 […]