Industry News | 11-08-2021

Bayer, CHS Collaborate to Expand Farmer Carbon Program Access

Bayer and CHS Inc. have announced what the firms term as a unique agreement that makes Bayer Crop Science the carbon program partner for CHS and the most accessible carbon program for U.S. farmers, say company officials. The agreement brings together two major agriculture industry leaders to help more farmers participate in and benefit from carbon-smart practices.
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Cotton Prices Crashed, Now They’ve Climbed to Near Record-Highs at Harvest; Could it Become the 2022 Acre King?

Cotton harvest is starting to commence across Oklahoma, with one-third of the crop stripped from the stalks. USDA’s weekly Crop Progress Report shows harvest progress is right in line with average, but for cotton producers in Oklahoma, this year’s crop is a pleasant surprise. “Many people did not give us much optimism on the ability to raise a crop,” says Matt Muller, a farmer in Jackson County, Okla., told AgDay. 2021 was a year that started off in drought, which painted a dire outlook for the state's farmers.
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American Crystal Sugar Growers Overcome Weather Challenges to Produce Respectable Crop

As of early November, with the vast majority of the crop harvested, the company’s farmers had produced 11.77 million tons of sugarbeets, said Steve Rosenau, American Crystal Sugar Co. director of agriculture Yields averaged 28.7 tons per acre, he said. Last year, the production of American Crystal Sugar Co. , based in Moorhead, Minnesota, totaled 10 million tons.
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K-State Expert Says Cattle Producers Can Save Money With Alternative Sources of Phosphorus

A Kansas State University beef systems specialist said cattle producers may have a few options available to them to offset the rising costs of adding phosphorus to their herd’s diet. Phosphorus is a common deficiency for cattle around the world, but the price of supplemental phosphorus mineral is increasing, said K-State’s Justin Waggoner. “(And) we are expecting to see higher prices for mineral as we get into the fall and even on into the spring booking season.” To balance the additional costs, Waggoner said producers “can focus on supplement selection and take into account the other sources of phosphorus that might be available.”
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Pork, Soybean Export Sales up Sharply on Week

The USDA says several major commodities saw improved export demand during the week ending October 28th. Pork export sales shot higher as the consistent demand from Mexico was bolstered by a big return by China and soybean and sorghum were both up sharply on the week, also aided by strong sales to China. Mexico was the biggest buyer for U.S. corn and wheat, pushing those totals well above week ago levels. Beef and upland cotton sales posted week to week declines.
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