Corn futures are rallying 4 to 5 ¼ cents higher across most contracts so far on Thursday. The CmdtyView national average Cash Corn price is up 5 ¼ cents at $3.79 1/2. EIA data from this morning showed a slight uptick in ethanol production for the week ending on October 17, rising 3,000 barrels per day to 1.074 bpd. Despite the output increase, stocks still saw a draw of 92,000 barrels to 22.628 million barrels. Exports slipped back 30,000 bpd to 108,000 bpd on the week, with refiner inputs of ethanol up 2 ...

South Africa’s biggest farming lobby said the nation’s rural roads are in a state of “crisis” and is working with government organizations to improve them and keep agricultural goods moving https://t.co/4MOHPXYRsc ...

Trump's bailout could have the added effect of hurting American farmers, who we should note are already suffering immensely under the effects of Trump's chaotic whipssawing global trade war. For the second time in a decade, Trump has picked a fight with China at the expense of American farmers who make up obviously a pretty sizable portion of his political base. You see, American farmers grow a lot of soybeans and China buys them.Last year, China brought over half, 52% of our total soybean exports. They are ...

Market Impact of Trade War - US farmers are facing a significant crisis due to tariffs, comparable to the 1980s farm crisis [4] - China, previously a major buyer, has reduced soybean purchases from the US to zero, impacting farmers' export markets [4] - China has found more reliable markets in Argentina and Brazil, signing 10-year contracts, exacerbating the crisis for US farmers [6][7] Economic Hardship for Farmers - Farmers are facing financial strain due to tariffs, increased input costs, and collapsing prices [5] - Farmers are losing $100 per acre on their crops, with soybean prices under $10 per bushel, while the break-even point is $11 per bushel [12] - Bankruptcies among farmers have doubled in the first seven months, indicating severe economic distress [15] Government Intervention and Policy - The Democratic National Committee (DNC) released an ad highlighting the negative impact of Trump's trade war on farmers [1] - The proposed solution of government bailouts is viewed as a short-term fix, with farmers preferring market access over bailouts [2][19] - Concerns are raised that government interference through tariffs is damaging markets and benefiting countries like Argentina and Brazil [20][21] Supply Chain and Market Dynamics - The trade war is disrupting established buyer-seller relationships, potentially leading to long-term market shifts [9][10][11] - Farmers are struggling to store harvested beans due to full bins, incurring additional storage costs [12] - Supply chain issues are evident, with farmers facing difficulties in obtaining necessary parts for their equipment [15]

Something happened. Something was united in me. When my mom passed away, I asked myself.Those things that I had always wanted to accomplish, when am I to do that. I was in a very good paid job, but I had so many things I wanted to achieve and I didn't think the salary job would do it for me. And so I begged my job.Guess what made dig. They me crazy. Who lives that kind of a job in Nigeria.oil and gas job is like everything and I dared to need it. Yes, I left it and by years after I decided it was time to cl ...

Incident Summary - An 11-year-old boy fatally shot a farm worker in South Africa [1] Geographic Location - The incident occurred in South Africa [1]

This is probably one of the worst times in history since the 80s. Farmers are losing their farms at record numbers. Uh farm foreclosures are up, farm bankruptcies are up, uh farm suicides.All of this uh chaos and havoc has happened to America's farmers within 9 months since the president announced terrorists on China and Mexico. Now, uh, China is beginning to buy, uh, uh, soybeans from Argentina, and the president bailed them out with with $20 billion. There's the vice president who's out here, uh, buying l ...

President Trump is considering 10 billion dollars in aid for American farmers amid the ongoing trade war as soybean farmers take a hit from China refusing to buy the crop. This package is being proposed. This is really just putting a band-aid on a open wound.Historically, China is a large purchaser of our soybeans. They're the largest export customer in recent years and they have been buying about 25% of the whole US crop. Unfortunately, they have not purchased any soybeans.Uh, no purchases have been made s ...

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Core Argument - The survival of local farms is essential for communities, but individual support alone is insufficient without systemic changes in the banking and credit systems [4][5][10]. Group 1: Importance of Local Farms - Local farms are crucial for food security and community health, and supporting them through various means is necessary [3][10]. - The aging farmer population and barriers to land access for new farmers pose significant challenges to the agricultural sector [5][11]. Group 2: Banking and Credit System - Current banking practices require substantial down payments for farmland loans, making it difficult for new farmers to enter the market [5][15]. - The creation of credit by banks is not based on savings but rather on the banking system's ability to generate loans, which could be redirected to support agriculture instead of real estate speculation [6][7]. Group 3: Economic Models and Comparisons - Economies that support credit creation for productive use, such as agriculture, tend to outperform those that focus on property speculation [8][12]. - Other countries successfully utilize banking tools to support small businesses, suggesting a potential model for agricultural financing [12]. Group 4: Efficiency and Production - Small farms, despite occupying only 24% of the world's farmland, produce 30-34% of the global food supply, demonstrating their efficiency [13]. - The current agricultural system favors large-scale farming, leading to a lack of crop diversity and nutritional deficiencies in food supply [14]. Group 5: Proposed Solutions - The establishment of low-interest loans and accessible down payment options for farmland could enable new families to enter farming, preventing further loss of independent farms [15][16]. - The need for a banking product similar to those available for homebuyers and veterans is emphasized to support the next generation of farmers [15].