September 4, 2026: Energy Usage Possibilities in Agriculture, Farm Progress Show Recap
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This week’s Agnews Daily episode covers key agricultural developments from the Farm Progress Show and broader market trends. Robay and propane are both heavily exported, with increasing emphasis on domestic applications, especially in energy resilience. The show was disrupted by extreme weather, impacting attendance, while ongoing heat and flash drought stress crops in the central U.S., affecting harvest timing and yield forecasts. USDA reports mixed crop conditions, with corn and spring wheat progressing but facing challenges from high input costs and weather stress. A major focus is on the USDA’s data modernization plan, designed to simplify reporting, improve transparency, and integrate technology for better farm data use. Propane is highlighted as a versatile, clean, and economical energy source for farms, with demonstrated uses in backup power, greenhouse operations, and livestock facilities. The Propane Education and Research Council offers a $10,000 rebate program for farmers adopting propane equipment, with a special double incentive for post-disaster rebuilding. Market-wise, wheat prices declined due to increased Black Sea exports and a larger Australian crop, while corn and soybean yields are being revised downward by private analysts. Cash markets show volatility as farmers lock in prices ahead of harvest. Livestock markets face pressure from rising feed costs and consumer inflation, particularly in pork and chicken, which may dampen beef demand. Despite cautious optimism among farmers—especially in financial outlooks and farmland value expectations—major capital investments remain hesitant due to input costs and interest rates. Global comparisons show U.S. farmers are more pessimistic than their Argentine counterparts about future crop performance, though both face similar input and policy risks. The U.S. House passed a bipartisan stopgap funding bill to maintain USDA operations through December, ensuring continuity of critical programs. Overall, the week underscores a shift toward resilient, diversified, and technology-driven agriculture, with energy and data systems emerging as central pillars of farm sustainability.
Today on Agnews Daily, a lot of people, especially this time here, think about Robay for great drive, at least in the circles we run in. So I think that's true today and we'll be true into the future. But we're always looking for more ways to use Robay here in the U.S. We produce a lot of Robay to get shipped overseas. Over 65% of our Robay gets exported. Welcome back to the weekly edition of the Agnews Daily podcast, Delaney Howell and Michelle Stangler. This week joining you, not from the Farm Progress show as we record this, but we were at the Farm Progress show earlier this week. And whether did not go as planned for the show, Michelle? Yeah, I heard a lot of rain, but I think that is okay to have, especially it's hot this week. It was really hot. I think whether on multiple accounts kept attendance numbers lower as well. So really, really hot temperatures on Tuesday to kick off the show. Then on Wednesday, we had some pretty bad storms that rolled through in the afternoon and actually shut the show down early, a few hours early. There was some shelter in place for a while. And then I think at a certain point, they just decided, well, the afternoon is wrapping up. So they called it quits. And then Thursday morning, there were some severe thunderstorm chances possible again as well. So a little bit of a tumultuous week at Farm Progress show. And I would say all in all, the two days that I was there, attendance didn't seem as high as we've seen it in some other years. So I think whether certainly kept people at bay. Yeah, it'll be interesting to hear what those final numbers are released probably early next week. Absolutely. But as we talked about whether they are at the Farm Progress show, let's talk about whether and what's coming up here for our listeners, a heat wave and flash drought are settling, are setting up across much of the central US over the next week here with temperatures running warm enough to stress and mature crops, according soybean conditions there, while more mature crops are pushing toward harvest. A front will remain active across northern, the northern Midwest through the rest of the week before moving south this weekend into the holiday weekend, bringing showers mainly to eastern states and areas. Another front could settle across the North next week and trigger some additional rain, while northern areas may see some beneficial precipitation, but as September progresses, there's less time for that moisture, of course, to making a meaningful difference in yields. That pattern could shift late next week around September 10th to 12th, as a ridge redevelopes across the Western US, and storms may continue to track around the edge of that ridge, bringing additional rain to parts of the Midwest. Longer term forecasters are still watching a record East-based El Nino, which could steer the pattern toward a waterfall in those parts of the country and acquired an Atlantic hurricane season, but that means a wetter winter across the southern tier of the US, and certainly crops are drying down here in central Iowa, so I think we'll, as long as Mother Nature allows, I think we'll see some combines starting to roll very soon. And certainly some harvest is happening already here in Wisconsin with corn silage already just taking off from my neighbors, but looking into some crop conditions according to the USDA, those ratings were mixed over the past week as weather varied across growing regions and attention increasingly shifted from crop ratings to final yield potential. USDA is reporting 57% to the corn crop rated good to excellent unchanged from last week. 62% is dented and 13% is mature. So being slipped two points with 58% rated good to excellent, 13% is dropping leaves. Spring wheat's harvest continues to move ahead, reaching 77% complete as of this Sunday, compared to the five-year average of 68%. Extreme heat, like you had mentioned, Delaney could accelerate this crop maturity and harvest across parts of the corn belt, but it could also add some stress to corn, still filling grain. This field stried down farmer should watch for stock deterioration and standability issues that could make some fields a higher priority for harvest. I'm going to show we've got a lot of farm progress show news packed into today's episode. I want to also talk briefly about the data modernization plan. That was talked a lot about at Farm Progress Show. This week is Agriculture Secretary Rollins unveiled more of the data modernization plan Tuesday at the Farm Progress Show. This plan she states is really focused on four areas. It's simplifying data collection, improving acreage and yield estimates for things like the wise-year board, integrating technology and data platforms, and increasing transparency and trust with producers. She has been doing a lot of roundtable listening sessions across the country. There was one here at the Iowa State Fair just a few short weeks ago, and Secretary Rollins says the department is going to begin putting the plan into action here pretty much immediately after these listening sessions wrap up. She says the goal of this data modernization focus is to give farmers more useful information while reducing the burden of reporting. Well thanks Delaney for bringing some coverage. Let's also look at what's new and being shared at this year's Farm Progress Show. Okay team, America's energy security is on thin ice. Overburden grid, rising costs, severe weather. What's your plan? Stick with the grid and write it out. Do nothing and hope the problems go away. Or here's your power play. Propane. Affordable, abundant, safe. Propane is reliable energy even when the grid isn't. Advantage. Propane. Here's Farm Progress Show, Tanner Witter-Off, escorting the two co-hosts in their new sub-arrows for Farm Progress Podcast. Let me know what one of the coolest things we've seen at this show is just completed an interview with Cody Holm of Sputthead. Really neat to see how he is innovating the way farmers could get paid and pay through the blockchain. So if you're thinking good go currency is not exactly bad. We've got a lot better understanding coming out. But a lot of cool things here at Farm Progress, obviously a lot of new equipment, a ton of America 250. But that's one thing to really stuck out to me. Probably the future of agriculture. So join our time here, hopefully stay dry. Try not to sweat, but enjoy it. Thank you. Looks like Tanner has been having a lot of fun at this year's show. We're also grateful for him sharing an update here on Agnews daily and what he's been up to with money and a reuse he's been conducting. When looking at some companies and specific news and VACs showcase DuroLQ, a new liquid insecticide for corn. The company says the product provides control of corn rootworm while also offering nematode suppression, giving growers another option for managing below ground pests. Of course this is always a time for us to see a lot of showcased equipment at the Farm Progress show with new things rolling out there in those field demos. John Deere introduced JD, an artificial intelligence assistant designed to help farmers use data collected from their fields, equipment and farm operations. They say the tool can analyze information across seasons and fields to help farmers better identify trends and understand factors affecting yields. John Deere is opening an early access program for this technology. Looking at Klaus, they debuted its new generation Arian 6, Axion's 8, and Axion 9 tractor lines. The lineup spans 165 to 450 horsepower, but the new Axion 8 reached 313 horsepower. The tractor is included updated operator environments, CVT transmissions, advanced electrical systems and increased hydraulic capacity, but the company saying the updates were driven in part by feedback from North American producers. Orders are expected to already open here this September. And KSAH showcased several updates, including their new technology for their 2027 Axion Flow 160 series combined. That combined features dual pro 1200 displays, grain cam viewing, remote display view, and real-time monitoring through their field apps, along with updated precision guidance and automation. They also displayed two one of one Magnum tractors, the Heartland Magnum and the Providence Magnum, so you commemorate the 250th anniversary of the U.S. And hey and forage the new WD-6 series windrowers add real-time infield yield mapping and an active hydraulic flotation system designed to maintain consistent ground pressure for improved cutting performance. And I personally, we don't run fent on our operation, but the fent combine all black. It always looks like going through the demo fields and catches my eyes, certainly walking through the farm progress showgrounds. Of the lane we also saw it from heads-up plant protectants as champagne wall. Some unique things that a lot of companies are doing. Celebrating the 250th University at Keysight, does anything else that was on your radar that you want as you walked around the grounds? A lot of drones I think that comes as no surprise here, but a lot of drone focus about how we use those to be more efficient on the farm and reduce labor, reduce input costs, getting a little bit more consistent and efficient there with how we do that. But I always love putting on my marketing brain and how and walking through and seeing all of the cool boots.
and setups that people have. Really some unique setups. And I know that probably doesn't get farmers going as much as it does for me, but certainly always fun to see what's new at the farm progress show. We'll walk it around. You might have noticed some farmer sentiments, the elitist survey from CMA and Purdue University improved for the second straight month with the grometer rising at nine points in August to 135. The biggest gain came in farmers expectations for the future, which climbed 11 points. For the first time since June of 2025, more farmers expect their financial situation to improve over the next year than worse in. 28% expect to be better off financially compared with 24% to expect to be worse off. But the optimism is not translating though yet into major farm investments. The farm capital investment index fell five points to 45 as high input costs low commodity prices and interest rates continue to weigh on purchasing decisions. Rumors are also becoming more optimistic about farmland values. The short-term farmland value expectations index increasing eight points to 127. Still, the August survey points to a cautious form of optimism with producers feeling better about where their operations are headed, but to remain hesitant to make major capital investments. But if you look at it globally, what are farmers feeling that sentiment from across the globe? Well, Michelle, a comparison of the Purdue University CME Group Ag Economy Brometer and the Austral Ag Brometer shows different outlooks among U.S. and Argentine farmers. Survey data from May and June of 2026 found U.S. crop producers were more pessimistic about the next five years compared to their Argentine counterparts who were more optimistic. Farmers in both countries cited high inputs and low commodities as course major challenges, while rather risks also remain a concern. Argentine producers also point into policy uncertainty while U.S. farmers generally expect farmland values in policy to remain relatively stable. Continuing on some data, the rural main street index moved back above growth neutral in August, rising to 50.3 from 42.1 in July, but financial pressure remains across farm country. Nearly half of surveyed bankers expect from income to decline over the next year, while only about 16% expect an increase. Farmland Arrangeland prices also slept below growth neutral, with the index falling to 47.2. Farm equipment sales remains especially, we get 22.2, marking the 36th consecutive month below 50. At your impact costs, we grain prices and uncertainty around tariffs in the Iran conflict continue to weigh on producer services. Bankers are also seeing financial stress in cattle country where drought is prompted some ranchers to reduce herd numbers, despite the pressure on farm finances. Nearly 54% of bankers say they have not tightened credit standards over the past three months. Well, Delany, we also got some news when it thinks about the bio industry. We do have a couple of updates here, maybe a mixed bag for the biofuel industry. Some positive for corn producers and some not so much, but the EPA this week granted 29 small refinery exemption waivers from the 2025 renewable fuels standard, which will provide about $1.8 billion in rents. Farm and biofuel groups say these exemptions could reduce demand for U.S. grown biofuel feedstocks, such as corn and soybeans, but they are encouraged by EPA's commitment to propose reallocating the full exempted volume into the 26 and 27 blending requirements. The National Farmers Union says the reallocation is important for maintaining a stable market for family farms. While the American Farm Bureau Federation says it could help offset the impact of the exemptions on biofuel demand. Biofuel groups also say producers are operating at a record pace to meet RFS requirements and need confidence that this program will continue to ultimately support domestic production and rural investment. Iowa Senator Chuck Grassley called the decision an improvement over what was expected and says he will hold the administration accountable to its full commitment to full reallocation. Meanwhile, growth energy criticized the exemptions questioning whether the refineries meet the economic hardship standard required for these type of rent exemptions. While Delaney, we've heard about year-round E-15 being advocated at the national level, but here in the state of California, they're moving closer to allowing year-round E-15 gasoline sales in their state. After lawmakers anonymously approved legislation removing a final barrier to the higher ethanol blend. The state Senate bill, 795, passed the assembly 56-0 in the Senate 34-0, so a lot of push for this going forward. The measure allows retailers to use existing vapor recovery equipment for E-15 if manufacturers certify it is compatible. State regulators are expected to consider a final approval of the E-15 regulation later this September, which could clear the way for ornament sales of the blend. The move could open another market for U.S. ethanol and corn farmers, with multiple renewable fields associations calling California a "significant domestic ethanol market." The group says E-85 availability in California has already helped build consumer familiarity with higher ethanol blends. The American coalition for ethanol say the legislation also gives retailers a clearer path to operate E-15 as a lower-cost fuel option, while the industry continues to navigate uncertainty around federal biofuel policy. Well, Michelle, before we get to some USDA-related headlines, let's take a quick look here at beef. Again, that was another strong focus of Secretary Rollins remarks here at the Farm Progress Show, and there's a lot of rumors around what the administration is going to do to take action to support the beef industry. But President Trump says his administration is preparing some legal action to give farmers and ranchers more flexibility to process and sell meat as efforts to increase competition continue. Some agricultural groups, including the NCBA, support expanding these opportunities for smaller and regional processors, but caution that any changes to meat inspection requirements must continue to meet food safety standards and protect consumer confidence in U.S. beef. President Trump's announcement follows his decision, of course, to allow an additional 300,000 metric tons of lean beef trimmings into the U.S. at a reduced terra fright beginning earlier this week on September 1. Secretary Rollins says more announcements are expected, including efforts to expand interstate sales and support smaller processes, processors. Federal law generally requires meat sold across state lines has to be federally inspected, although the USDA has programs allowing some state-inspected processors to participate in interstate commerce. The NCBA says the focus should remain on reducing unnecessary regulations, lowering input costs, protecting the cattle herd from foreign animal diseases, and expanding processing options without undermining that confidence that so many have in U.S. beef. Well, continuing in the livestock news and USDA, the agency is rolling out a run package of programs aimed at rebuilding the U.S. beef herd and strengthening the cattle industry over the past few weeks. The rancher's first initiative includes a new beef retention and national development or brand endorsement that would allow our ranchers to ensure the economic value of keeping peppers as breeding stock for up to two years. USDA also plans to allow emergency conservation program funds to be used on grassland conservation reserve program acres, filling wildfires and other disasters. The department is expanding support for small and regional beef processors through guaranteed loans. The new processor continuing effort while also prioritizing American beef in federal purchasing like we had mentioned. Additional assistance will target beginning and new veteran farmers and ranchers as USDA works to rebuild the nation's cattle herd. The USDA is also raising its forecast for agricultural exports as of recently and expects the U.S. trade deficit now to narrow in fiscal year 2026. The agency is projecting nearly $180 billion in agricultural exports which is up about $3 billion from its May forecast while imports are expected to reach just over $204 billion which is down a billion from that previous forecast. That would still put us in an agricultural trade deficit of about $25 billion compared to the $29 billion that was projected earlier this year and it would still be lower than the record $43 billion trade deficit recorded in fiscal year 2025. The USDA also expects exports to grow again in fiscal year 2027 reaching about $186 billion as exporters navigate some of the ongoing global demand and trade policy changes.
Looking into some Ed policy news, the U.S. House has passed and sent the president a stopgap spending bill this week that will keep USDA and other federal agencies funded through December 11th. The measure passed 370 to 48 in a bipartisan vote, avoiding another government shutdown that could disrupt services for farmers and rural communities. The funding keeps USDA programs operating, including farm loans, conservation payments, disaster assistance, research, rural development and crop reports. The bill also protects stamp and WIC benefits and maintains programs, farmers and ranchers rely on. Democrats supported the measure after changes remain to remove provisions they opposed, including language that would have given the White House more control over federal spending. The White House backed the final bill, keeping the government funded again through that December date, while lawmakers work on full year spending legislation, which includes that farm bill that we've been continuing to watch here over the last year. Michelle, in this week's interview, I spoke with Michael Newland, the Propane Education and Research Council's Director of Agriculture Business Development about how new propane generators can provide reliable backup power for farm operations during severe weather and grid disruptions. Bill also discussed how propane can help producers manage fuel costs and maintain those heating and cooling conditions needed in livestock facilities when the power goes out. It was a great conversation to catch up with Michael at the Farm Progress Show, so let's turn it over to that now. Well, energy has been in the headlines increasingly more with the straight up for moves, situation, escalations in Ukraine and Russia, bread crude over $90 per barrel. But what does that mean for energy risks at the farm gate level? I'm excited to be joined today by Michael Newland with her or the Propane Education Research Council to talk about an alternative source for energy as we get into harvest this season. Michael, thanks for joining us. Great to be with you. Thank you. So, I outlined just a few of the myriad of issues when we look at what's going on right now in the energy sector, but how should farmers be thinking about energy risk right now? I think a lot of people, especially this time here, think about propane for great drive. At least in the circles we run in. So, and I think that's true today and we'll be true into the future. But we're always looking for more ways to use propane here in the U.S. We produce a lot of propane to get shipped overseas. Over 65% of our propane gets exported. All that's produced domestically. So, we would love for to highlight additional ways that we can use it. And we're doing that today at Farm Progress Show. We're sending in air conditions and you guys think goodness for that. Yeah, so we're sitting here and we're it's all the power that's being generated where those air conditioners being run by propane right outside the tent. So, it's something we start doing two years ago with Farm Progress show. It's been a great partnership. We get a lot of great exposure out of it, especially on days that are mid 90s like we are today here in both. But I think that's kind of virtual in this. Just talk about what propane can do, how efficient it is, how economical it is to do those things with our fuel, especially when compared to diesel and gasoline. So, prime power is just one of the things. You know, you mentioned straight to our moves. Things that are driving up the brand crude and subsequent price of the pump. Other things I think we need to be considering are the fragility of our electric unit. There's been a lot of chatter about data centers here in the US and they do put stress on our grid. As do a lot of other industries that are coming online, our infrastructure on the electricity side is decades old and we just continue to put all types of things and gadgets on that and it just continues to ramp up the fragility of our electric grid. So things that we can take off of the grid, especially in agriculture or industrial type uses, really help that grid out. It can be more reliable but also maybe even cheaper to run it that way. So we see more and more electric irrigation pumps coming off the grid and we'll put a propane power generator right there as well and we're pulling more and more of those off the grid too. That way the farmer can irrigate when they want, how they want and not on the schedule of the electric electricity company. So, so many good things you said there that I want to unpack a little bit further. You talked about the economics of propane versus diesel. You talked about the environmental footprint of propane versus diesel. Let's talk first about that environmental footprint. We're using it here at the farm progress show. It burns clean. It does. Compared to diesel, so talk to me a little bit about that footprint. Let's do that. So, this two weeks ago when we set the generators, we literally had a company come in with the generator there. Local propane supplier came and set the tank and that was the end of it. They filled it. We're ready to go. All the diesel generators are around here. They're all sitting in containment pads. So, if there's a lead, they have to contain it. They have to clean it up. Propane is environmentally friendly. It doesn't contaminate air or groundwater. So, if we would happen to have a spill, which doesn't happen very often, but all allow for the possibility that it could, there's no cleanup. So, that's number one. Two, the piece of equipment that we're running it through is a cheaper piece of equipment to purchase new, that generator, because it doesn't have all the aftertreating the systems on it. All the sensors that the diesel has today, everybody in ag understands this because you have a sensor go bad. Your sprayer will move. Your tractor may not move. Your car may not, may not move. And the same thing is on diesel generators today. They all have to have all that stuff on them. Where if you buy a propane generator, no, no, that's there. It's a very simple, very clean system to operate. So, I think that's very good. Just from an emission standpoint, once the fuel goes through the engine, it's cleaner than diesel, even with diesel having all the aftertreating the systems on it. So, I think we win everywhere. The economic side of it, it's a cheaper engine to buy, a cheaper generator to buy, because it doesn't have all that sensors and aftertreating that's on them, probably in the 40 plus percent range, cheaper to buy a propane than a diesel equivalent, kill a lot of size. So, there's a lot of benefits. I'm biased, but I can't think of a negative towards the propane generator, unless you just hate looking at a propane tank. And that's really the only one that I can think of. But from an industrial, from an farm use, I don't see it downside. And 800,000 farm to have propane on them are ready today. So, this is the audience I love talking to because I don't have to convince them of the fuel, I don't have to tell them how it works, how to handle it on a farm, and they typically already get them. Now, as we think about application on the farm, the practicality of using propane versus diesel, you will have to still use diesel for some parts of your operation. But talk to me about what that journey has looked like for farmers who are thinking bigger and thinking, okay, diesel especially right now is very volatile with what's going on. How can I convert more of my operations to rely on propane? Yeah, I think this time of year, especially when I first say propane, everybody wants to know, do you have enough and how much is it? And they're thinking green drying. You know, building heats easy, water heat, everybody understands that. We're the most economical energy source for that as well. But as you start getting into combination, and maybe everybody watching doesn't understand the indoor agriculture side, but you know, if you're greenhouse, things of that nature, we have units to produce power that can eat, but it also takes the waste heat off of that process to heat your nursery beds. So, we've got those are called combined heating power units. We see those sometimes in dairy as well, and it kind of helps you get off the grid. You can produce your own power, create all your hot water. It's kind of a closed loop system. It is, really is. So, you're generating all the energy resources that you need with one unit, and it runs on a very economical price fuel. You know, we talked about the discrepancies of availability and fuel, but boy, we've got a bigger spread now. I think price wise, and we've ever had in my time at the propane, in case you research council. This big run-up really has an impact in our fuel price much at all. So, back to your question. We've got some interesting opportunities, though, with new technology we're researching. We're using more and more thermal treatments using heat with propane, agronomic uses. So, we've got flame-weeding. We can kill weeds with propane. California, we did some research, and we've got a unit, two units now in California, that are injecting steam, pre-plants to control nematodes and hithium, and other soil-borne diseases. So, I think the applications are limitless. Can we do it cost-effectively, and can we do it, and a speed which the American Carmer needs to have? I want to talk about some of the programs to help with that, but before I do, I want to also ask about the livestock side of the business. We focus a lot on the crop side and drying down, but livestock have a huge opportunity with propane as a fuel source as well. We do. So, we do a lot of things, obviously building heats, hot water sanitization. We've even got companies making poultry health sanitizing equipment. So, in between flocks, we can sanitize the litter instead of doing it with chemicals. So it seems to be bigger outside.
the country that it is here in the U.S. The company is based in Kansas and makes that unit. They do cocaine busters at the poultry shows where they have an international crowd, but we're seeing more and more uptick. We're working on some things kind of the other side of livestock. We're working on some mortality management tools to maybe help with disposal of bird or flocks at your festival, they be a clue to do it faster, probably a little healthier. So we're really working with some companies, working with some department of agriculture is around the country to see if there's a way that propane can maybe play a big part in that that side of the livestock as well. The word that comes to mind as you're talking through this is versatility. Propane is very versatile, it has a lot of different functions, probably some things we haven't even thought about yet, but as farmers are thinking about expanding cocaine on their own farm, you guys have a great program to help with that, the propane farm research program. Talk to me a little bit more about that. We do, it's a rebate program, so folks are interested in buying irrigation equipment, we talk about building heat systems, water heat systems, all of those play in our research program. So it's a rebate program. The farmer would buy the equipment, sign up on our website propane.com, and then we'll get a check back directly from organization to the farmer. So it's up to $10,000. There is a whole little bit of work that is required, it's a research program. So we want your usage data back, how you liked it, the number of gallons, number of hours, whatever that piece of equipment is, pretty basic stuff. We compile all that information, see if there's any trends in it, and if there is, especially equipment related, we'll pass that information back to the manufacturer, the equipment, so they can make any adjustments in their manufacturing that's necessary. There's a caveat to this program, so that's the original program that runs all the time. Is it one year you can enroll for one year? You can do two pieces of equipment in two in any category per calendar year. So if you put in three irrigation engines, we pay on two, but it's count per calendar year, so I could roll every, in addition to that, we've got a short-term program running right now, because we've had some very intense weather in some parts of our country in the Midwest. Anybody that was impacted by one of those weather events that needs to rebuild a livestock building, a irrigation system, anything like that, we'll pay double that incentive, some $20,000. You could still apply for two if you have to. That's a separate mox that we check. We verify that. You're address with weather data from the government to make sure there was actually weather event in your neighborhood, and if there were, we'll pay the double incentive for you to rebuild. Just help folks get back on their feet after a bad experience. Michael, one more time before I let you go, what was the website that they can go to find more information? propane.com is all things perk and market-related. The direct link, direct web page for our rebate program, propane.com/keyfrp for propane farm research program. Perfect. Michael, thank you so much for joining us on the podcast. Thank you. You're done. Absolutely. Well, Delaney, what's happening and markets this week? Well, this week wheat markets posted the largest losses as profit taking and expectations for increased Black Sea exports, pressured prices. They took a lot of focus this week from the grain complex, and we're also expecting to see a larger Australian wheat crop, which is adding pressure to the market as well. For corn and soybean news this week, private analysts lowered their expectations for corn and soybean production for the next weeks was to report, which comes out next Tuesday, I believe, on the 10th, with both crops still projected to fall short of demand. We're seeing a lot of scouting, of course, wrap up as we get into harvest and field scouts are lowering a lot of their yield predictions as well, with most estimates now well below USDA's current forecast. Will we see the USDA make those cuts next week? Time will only tell. In the cash markets, we've seen increased volatility in futures has moved into cash markets as well, with farmers taking advantage of some of those recent rallies and jumps in the cash markets. With more grain moving to elevators here during this recent rally, that's going to put some pressure onto cash as that harvest season approaches. We've got more supply filling into the marketplace, but certainly was talking about this with some folks at Farm Park Rush Show this week. It's an opportunity to lock in some available price coverage and make sure you're locking in a profit there, so a lot of folks are encouraging you to maybe make some sales if you don't have all of your production for this year locked in yet. Lastly, looking at the livestock markets, cattle came under pressure this week as higher feed grain prices reduced some demand there for replacement cattle, but larger economic concerns are also weighing on consumer meat demand as prices at the grocery store continue to be at elevated levels and pork and chicken are certainly the more budget-friendly option right now at the grocery store. All of those things weighing on the beef markets and the longer-term question of are we now in a downward trend there? So that's a quick look at the markets this week, Michelle. We had an action packed week this week. I hope everyone has a safe and great Labor Day Week and really kind of the final kickoff of the summer here is then we get into college football season starting this week, cooler temperatures and of course harvest. This is my favorite time of year. Yeah, I'm looking forward to a last cook out to the year, hopefully. Absolutely. We hope you're grabbing Agnew's Daily to come along with you if you're traveling this weekend, but you can find us on all social media platforms if you want to stay connected with us in between. With that, Michelle, what do you say? We'll let the people go. Let them go.
Podcast Summary
Key Points:
Over 65% of Robay and propane is exported, highlighting a strong focus on international markets and the need to expand domestic uses.
The Farm Progress Show faced disruptions due to extreme heat and severe storms, leading to lower attendance and affecting event operations.
Propane is being promoted as a reliable, cost-effective, and environmentally friendly energy alternative for farms, with new applications in heating, irrigation, livestock sanitation, and soil treatment, supported by a rebate research program.
Summary:
This week’s Agnews Daily episode covers key agricultural developments from the Farm Progress Show and broader market trends. Robay and propane are both heavily exported, with increasing emphasis on domestic applications, especially in energy resilience. , affecting harvest timing and yield forecasts.
USDA reports mixed crop conditions, with corn and spring wheat progressing but facing challenges from high input costs and weather stress. A major focus is on the USDA’s data modernization plan, designed to simplify reporting, improve transparency, and integrate technology for better farm data use. Propane is highlighted as a versatile, clean, and economical energy source for farms, with demonstrated uses in backup power, greenhouse operations, and livestock facilities.
The Propane Education and Research Council offers a $10,000 rebate program for farmers adopting propane equipment, with a special double incentive for post-disaster rebuilding. Market-wise, wheat prices declined due to increased Black Sea exports and a larger Australian crop, while corn and soybean yields are being revised downward by private analysts. Cash markets show volatility as farmers lock in prices ahead of harvest.
Livestock markets face pressure from rising feed costs and consumer inflation, particularly in pork and chicken, which may dampen beef demand. Despite cautious optimism among farmers—especially in financial outlooks and farmland value expectations—major capital investments remain hesitant due to input costs and interest rates. S.
farmers are more pessimistic than their Argentine counterparts about future crop performance, though both face similar input and policy risks. S. House passed a bipartisan stopgap funding bill to maintain USDA operations through December, ensuring continuity of critical programs.
Overall, the week underscores a shift toward resilient, diversified, and technology-driven agriculture, with energy and data systems emerging as central pillars of farm sustainability.
FAQs
The USDA's data modernization plan focuses on simplifying data collection, improving acreage and yield estimates, integrating technology platforms, and increasing transparency with farmers. Its main goals are to reduce reporting burdens and provide farmers with more useful, accurate information.
Over 65% of both Robay and propane produced in the U.S. is exported, highlighting the country's role as a major exporter of these commodities.
New technologies include John Deere’s AI assistant for field data analysis, KSAH’s updated 2027 Axion Flow 160 combine with real-time monitoring, and a new liquid insecticide (DuroLQ) for corn that controls rootworm and nematodes.
Extreme heat is accelerating crop maturity, especially in the corn belt, but may also cause stress in mature corn, leading to potential standability and yield issues that farmers should monitor closely.
The USDA is expanding support for beef processors with guaranteed loans, launching a beef retention program, and allowing emergency funds for grassland conservation. The administration is also considering legal actions to increase meat processing flexibility and interstate sales.
The Propane Farm Research Program offers rebates up to $10,000 for farmers who install propane-powered equipment like irrigation systems or heating units. Farmers provide usage data, which helps manufacturers improve products. A special double incentive is available for those rebuilding after weather-related damage.
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