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US farmers face harsh economics with record corn supplies in silos - Vimarsana News

US farmers face harsh economics with record corn supplies in silos

Illinois farmer Dan Henebry regrets not selling more of his corn crop last summer, when the Midwest needed rain and prices were high. Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.

Source: aol.com
Bayer, Corteva in 'two-dog battle' over U.S. soy market - Vimarsana News

Bayer, Corteva in 'two-dog battle' over U.S. soy market

FILE PHOTO: Soy leaves that were damaged by a weed killer in 2018 CHICAGO (Reuters) – Bayer AG is launching a new genetically modified soybean in the United States, striking back against rival Corteva Inc in a bid to retain its dominant position supplying seeds to the $40 billion U.S. soy industry. Billions of dollars are on the table for companies producing a growing variety of seeds for soybeans, the top U.S. export crop, as farmers expand acreage this year due to soaring crop prices. Bayer’s new XtendFlex soybeans and Corteva’s Enlist E3 soy are shaping up to be the most popular...

Source: metro.us