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  • 2026 Crop Insurance Harvest Prices for Corn and Soybeans
    October settlement prices of Chicago Mercantile Exchange (CME) futures contracts are used to set harvest prices on Federal crop insurance products for corn and soybeans in the Midwest.  Harvest prices are $4.75 per bushel for corn and $12.63 per bushel for soybeans. Both are above their projected prices, which are $4.62 for corn and $11.09 […]
  • Seed, Fertilizer, and Pesticide Costs: Comparing U.S. and Brazilian Soybean Farms
    Soybean farmers in both countries have little control over the prices they receive. Because individual farms sell in the same global market, their ability to compete depends largely on how much it costs them to produce a crop. This article compares what nine typical farms in the U.S. and Brazil spent on seed, fertilizer, and […]

Agriculture News

Duvall to Biden: ‘Explore all options’ to cut diesel prices, boost supply

With diesel fuel an integral piece of agriculture, the rise in cost and tightening supplies prompted American Farm Bureau President Zippy Duvall to reach out to President Joe Biden. In a letter sent earlier this month, Duvall urged the president to consider “removing any regulatory barriers that limit the supply, production and distribution of diesel fuel,” and work with Congress and the fuel industry to bring down prices. READ MORE

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Incumbent Dems defend Illinois congressional seats

While vote tallies are not yet official, Illinois’ congressional makeup likely won’t change much. FarmWeek’s Timothy Eggert highlights the races in the state’s first election since the redrawn political maps. READ MORE   PLUS: Illinois Farm Bureau’s Mark Gebhards provides his post-election breakdown and discusses the state and federal political landscapes and more. LISTEN

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Ethanol, ag intervene in RFS lawsuit

The Renewable Fuels Association, Growth Energy, the American Coalition for Ethanol and National Farmers Union are trying to intervene in a lawsuit challenging EPA’s recent decision to reject 69 pending applications for small refinery exemptions to the Renewable Fuel Standard. The groups said intervening in the case was important to “protect their substantial interests.” READ MORE

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Profit Watch: Volatile wheat market

On Monday, nearby December Chicago wheat futures gained 53 cents per bushel. But Wednesday, Chicago lost 56 cents. This week’s big swings in the wheat market were caused by the fluid situation with Russia-Ukraine. READ MORE.

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