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OMAHA (DTN) — Scientists with the National Oceanic and Atmospheric Administration (NOAA) and the USDA Midwest Climate Hub have drought in focus for much of the central region of the United States through the spring season. The NOAA Climate Prediction Center seasonal drought outlook, which runs through the end of May, calls for drought to remain in western Iowa, and to either remain or develop over all but the southeastern portion of the Plains. Some portions of the central region have heavy snow cover. “Lincoln, Nebraska, has more snow than Fort Collins, Colorado, which is unusual,” sai...

Share this article MAUMEE, Ohio, Feb. 16, 2021 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces financial results for the fourth quarter ended December 31, 2020. Fourth Quarter Highlights: Company reported net income attributable to The Andersons of $16.0 million, or $0.48 per diluted share, and adjusted net income of $19.4 million, or $0.59 per diluted share. Trade reported pretax income of $28.3 million and adjusted pretax income of $29.3 million on improved merchandising results. Ethanol reported a pretax loss attributable to the company of $3.5 million that included a $6.6...

Indiana farmers reported harvesting excellent crops in 2020, according to USDA NASS, Indiana Field Office. The 2020 crop was much improved over a water slogged, dismal 2019 crop. Indiana corn production in 2020 totaled 982 million bushels, 21 percent above 2019. Corn acreage harvested for grain totaled 5.25 million, up 9 percent from 2019. The average yield of 187 bushels per acre was 18 bushels above 2019. Indiana soybean production totaled 329 million bushels, up 21 percent from 2019. Harvested acreage was 5.68 million, up 320 thousand from 2019. The average yield of 58 bushels per acre was...

Selloff spooks the bulls.