Weekend Ag News Roundup - Aug 14

 NEBRASKA CROP PRODUCTION REPORT

Based on August 1 conditions, Nebraska's 2022 corn production is forecast at 1.70 billion bushels, down 8% from last year's production, according to the USDA's National Agricultural Statistics Service. Acreage harvested for grain is estimated at 9.40 million acres, down 2% from a year ago. Average yield is forecast at 181 bushels per acre, down 13 bushels from last year.

Soybean production in Nebraska is forecast at 305 million bushels, down 13% from last year. Area for harvest, at 5.55 million acres, is down slightly from 2021. Yield is forecast at 55 bushels per acre, down 8.0 bushels from last year.

Nebraska's 2022 winter wheat crop is forecast at 29.2 million bushels, down 29% from last year. Harvested area for grain, at 860,000 acres, is up 2% from last year. Average yield is forecast at 34 bushels per acre, down 15 bushels per acre from 2021.

Sorghum production of 16.8 million bushels, is down 15% from a year ago. Area for grain harvest, at 280,000 acres, is up 22% from last year. Yield is forecast at 60 bushels per acre, down 26 bushels from last year.

Oat production is forecast at 920,000 bushels, down 37% from last year. Harvested area for grain, at 23,000 acres, is down 12% from last year. Yield is forecast at 40 bushels per acre, down 16 bushels from 2021.

Dry edible bean production is forecast at 2.55 million cwt, down 8% from last year. The average yield is forecast at 2,200 pounds per acre, down 240 pounds from last year. Acres planted by class are as follows: Pinto, 81,300; Great Northern, 24,000; Black, (D); Light Red Kidney, 6,200; Chickpeas, (D); Navy, (D); All Other, (D).

Sugarbeet production is forecast at 1.36 million tons, down 3% from 2021. Area for harvest, at 44,400 acres is up 1%from last year. Yield is estimated at 30.6 tons per acre, down 1.3 tons from a year ago.

Alfalfa hay production is forecast at 2.43 million tons, down 35% from last year. Expected yield, at 3.00 tons per acre, is down 1.10 tons from last year. All other hay production is forecast at 2.40 million tons, down 6% from last year. Forecasted yield, at 1.60 tons per acre, is up 0.05 ton from last year.



IOWA CROP PRODUCTION REPORT

Iowa corn production is forecast at 2.51 billion bushels, down 2 percent from the previous year, according to the latest USDA, National Agricultural Statistics Service – Crop Production report. Based on conditions as of August 1, yields are expected to average 205.0 bushels per acre, unchanged from last year. Corn planted acreage is estimated at 12.7 million acres. An estimated 12.3 million of the acres planted will be harvested for grain.

Soybean production is forecast at 593 million bushels, down 5 percent from the previous year. The yield is forecast at 58.0 bushels per acre, 4.0 bushels lower than 2021. Soybean planted acreage is estimated at 10.3 million acres with 10.2 million acres to be harvested.

Oat production for grain is forecast at 2.45 million bushels, down 39 percent from the previous year. The expected yield is 70.0 bushels per acre, down 6.0 bushels from the July forecast and down 7.0 bushels from 2021. Oat planted acreage is estimated at 120,000 acres with 35,000 acres to be harvested for grain.

Production of alfalfa and alfalfa mixtures for hay is forecast at 2.17 million tons, down 32 percent from the previous year. Yield is expected to average 3.50 tons per acre, unchanged from last year. Production of other hay is forecast at 820,000 tons, down 13 percent from last year. Yield for other hay is expected to average 2.00 tons per acre, down 0.70 ton per acre from last year.

The forecasts in this report are based on August 1 conditions and do not reflect weather effects since that time. The next crop production forecasts, based on conditions as of September 1, will be released on September 12.



USDA Crop Production Report

Corn production for grain is forecast at 14.4 billion bushels, down 5 percent from 2021. Based on conditions as of August 1, yields are expected to average 175.4 bushels per harvested acre, down 1.6 bushels from last year. Area harvested for grain is forecast at 81.8 million acres, down less than 1 percent from the June forecast and down 4 percent from the previous year.

Soybean production for beans is forecast at a record high 4.53 billion bushels, up 2 percent from 2021. Based on conditions as of August 1, yields are expected to average a record high 51.9 bushels per harvested acre, up 0.5 bushel from 2021. Total planted area, at 88.0 million acres, is down less than 1 percent from the previous estimate but up 1 percent from the previous year. Area harvested for beans in the United States is forecast at 87.2 million acres, down less than 1 percent from the previous forecast but up 1 percent from 2021.

All cotton production is forecast at 12.6 million 480-pound bales, down 28 percent from 2021. Based on conditions as of August 1, yields are expected to average 846 pounds per harvested acre, up 27 pounds from 2021. Upland cotton production is forecast at 12.2 million 480-pound bales, down 29 percent from 2021. Pima cotton production is forecast at 407,000 bales, up 23 percent from 2021. All cotton area harvested is forecast at 7.13 million acres, down 31 percent from 2021.

All wheat production for grain is forecast at 1.78 billion bushels, up less than 1 percent from the previous forecast and up 8 percent from 2021. Based on August 1 conditions, yields are expected to average 47.5 bushels per harvested acre, up 0.2 bushel from the previous forecast and up 3.2 bushels from 2021. Area harvested for grain is forecast at 37.5 million acres, down less than 1 percent from the previous forecast, but up 1 percent from 2021.

Winter wheat production is forecast at 1.20 billion bushels, down less than 1 percent from the July 1 forecast and down 6 percent from 2021. As of August 1, the United States yield is forecast at 47.9 bushels per acre, down 0.1 bushel from last month and down 2.3 bushels from last year's average yield of 50.2 bushels per acre. Area expected to be harvested for grain or seed totals 25.0 million acres, unchanged from the previous forecast, but down 2 percent from last year.

Hard Red Winter production, at 576 million bushels, is down 2 percent from last month. Soft Red Winter, at 381 million bushels, is up 2 percent from the July forecast. White Winter, at 240 million bushels, is up slightly from last month. Of the White Winter production, 14.6 million bushels are Hard White and 226 million bushels are Soft White.

Durum wheat production is forecast at 73.6 million bushels, down 5 percent from the previous estimate, but up 97 percent from 2021. Based on August 1 conditions, yields are expected to average 40.4 bushels per harvested acre, up 0.1 bushel from the previous estimate and up 16.1 bushels from 2021. Area expected to be harvested for grain or seed totals 1.82 million acres, down 5 percent from the previous forecast, but up 19 percent from 2021.

Other spring wheat production for grain is forecast at 512 million bushels, up 2 percent from the previous forecast and up 55 percent from last year. Based on August 1 conditions, yields are expected to average 47.8 bushels per harvested acre, up 0.8 bushel from the previous forecast and up 15.2 bushels from 2021. Area harvested for grain or seed is expected to total 10.7 million acres, unchanged from the previous forecast, but 5 percent above 2021. Of the total production, 463 million bushels are Hard Red Spring wheat, up 56 percent from 2021.



Kids to see agriculture up close during Largest Classroom at State Fair

Safe to say, most Nebraskans could find a gallon of milk in their local grocery store, but would they know how it got there?

Thousands of students will learn the facts of milk and a whole lot more when they join Nebraska’s Largest Classroom at the Nebraska State Fair. More than 4,500 youths from across the state are expected to attend on Friday, Aug. 26; Tuesday, Aug. 30; and Wednesday, Aug. 31.

The fair will be open to the general public those three days, as well.

“Agriculture represents not only our heritage but also a major driver of our economy, yet this will be the first agricultural experience many of these kids have,” said Sarah Polak, Experience Coordinator at Raising Nebraska. “The State Fair exists not only to entertain but to educate. That’s why Nebraska’s Largest Classroom is such a great event.”

Students will see not only how a cow is milked but also how sheep are shorn. They’ll learn about conservation and sustainability and watch power safety demonstrations. Activities include:

9 a.m. Friday, Tuesday and Wednesday
• Careers in Agriculture; Nebraska Agriculture in the Classroom presentation; Raising Nebraska
• Crash’n CASNR; UNL College of Agricultural Sciences and Natural Resources presentation; Raising Nebraska
• Meet a Dairy Farmer; Midwest Dairy presentation; Raising Nebraska
• Milk Giveaway to Youth Grades K-6; sponsored by Hiland Dairy; Raising Nebraska
• Nebraska Department of Natural Resources; Rubber Duck Trivia Game; Kramer’s Sustainability Pavilion
• Nebraska’s Natural Resources District; groundwater flow model trailer; Kramer’s Sustainability Pavilion
• Three Cheers for Trees; Nebraska Forest Service, Project Learning Tree, Project WET presentation by the Nebraska Forest Service; Raising Nebraska
• Nebraska Power Zone; Little Lineman Rodeo, virtual reality goggles, grid simulator circuit and other activities; Marketplace

9 a.m. Friday
• Nebraska Izaak Walton League; make a bird feeder out of a recycled plastic bottle; Kramer’s Sustainability Pavilion

9 a.m. Tuesday
• Be a Kitchen Superhero — Eliminate Cross Contamination; Nebraska Food Protection Task Force; Raising Nebraska
• CommonGround — Sustainable Agriculture in partnership with Brokaw Marketing; interactive exhibit on sustainable agriculture; Kramer’s Sustainability Pavilion
• Nebraska 4-H – Live; Nebraska Extension Youth Entrepreneurship Team presentation; Raising Nebraska

9 a.m. Tuesday and Wednesday
• Pheasants Forever and Quail Forever of Nebraska; speakers and hands-on activities; Kramer’s Sustainability Pavilion
• UNL Husker Mobile Beef Lab; Nebraska Extension and 4-H presentation; Raising Nebraska

2:30 p.m. Tuesday
• Helping Pheasants on Row-Crop Acres; Pheasants Forever presentation; Raising Nebraska

The Nebraska State Fair runs Aug. 26 through Sept. 5 in Grand Island. For more information, visit statefair.org.



Congressman Flood Votes Against President Biden’s Inflation Expansion Act

Today, U.S. Congressman Mike Flood voted “no” on H.R. 5376 (Inflation Expansion Act of 2022). Following the vote, the Congressman issued the following statement.

“As the nation’s economy slides further into recession and inflation wreaks havoc on household budgets, congressional Democrats are only making life harder for working Americans who are trying to put food on the table and make a better life for their families,” said Congressman Flood. “President Biden’s Inflation Expansion Act not only raises taxes, increases spending, and expands inflation, but it also deploys an army of 87,000 new IRS agents who will target hardworking Americans with new audits. I emphatically voted no on this and will continue to push back on President Biden’s tax and spend agenda.”

Congressman Flood is a member of the Committee on House Oversight and Reform as well as the Committee on Small Business.  



BACON VOTES AGAINST DEMOCRATS’ RECKLESS TAX AND SPENDING PACKAGE

Rep. Don Bacon (NE-02) today released the following statement after voting against H.R. 5376, the Inflation Reduction Act of 2022. This $740 billion spending package raises taxes and redirects hundreds of billions of dollars from Medicare to insurance companies; gives $80 billion in new funding to the IRS; and hires an additional 87,000 IRS agents to audit Americans. The increase would more than double the size of the IRS workforce, which currently has 78,661 full-time staffers. This amount exceeds the total number of staff combined at Customs and Border Patrol, the Federal Bureau of Investigation, the Pentagon, and the State Department.

In addition, H.R. 5376 advances Green New Deal initiatives by pushing a 15 percent corporate tax minimum on all U.S. companies; imposing $12 billion in new taxes on American energy; including a superfund tax increase on crude oil refining and imported petroleum products and a natural gas tax that will make it more expensive for Americans to heat their homes and purchase basic goods.

“At a time when Americans are already struggling with record-high prices, supply-chain issues, and a recession after two straight quarters of negative economic growth, now is not the time to raise taxes that will further burden America’s working families and businesses. Instead of hiring 87,000 IRS agents, we could be hiring 87,000 school resource officers, border patrol agents, teachers, or health care workers.

“This reckless and partisan bill is bad for Nebraska families, bad for Nebraska businesses, and bad for America’s energy sector. Democrats have been misinforming the American people on what’s really in this bill, and even President Biden’s favorite economist, Mark Zandi, says it won’t reduce inflation. We can’t keep asking the American taxpayers to shoulder the burden for the Democrats’ reckless spending.”



NeFU Praises Passage of the Historic "Inflation Reduction Act"

Nebraska Farmers Union (NeFU) praised the passage of the Inflation Reduction Act for its historic financial investments in voluntary, incentive-based conservation programs that farmers and ranchers depend on to manage their natural resources.

“The additional funding for habitually underfunded conservation programs, the strong renewable energy incentives, the investment in biofuels infrastructure, and the support for economically distressed farmers are ranchers are all major positive investments in our future that will improve the quality of life for everyone in our nation, especially people in rural America,” said John Hansen, President of NeFU.

“There are few things more important to our nation and our future than protecting our precious soil and water resources and reducing climate changing carbon emissions.  This landmark legislation will put more money in farmers, ranchers, and consumers’ pockets, and thanks to the needed tax reforms, it is paid for and will help reduce our national debt,” Hansen added.

Hansen went on to praise the hard work and vision of National Farmers Union leadership and staff, House Ag Committee Chair Representative David Scott and Senate Ag Committee Chair  and Senator Debbie Stabenow, and President Biden who refused to give up and was able to bring people together to compromise and accomplish that which was both possible to do, and was badly needed.  



CFRA applauds Inflation Reduction Act’s investments in conservation, clean energy

In a win for rural communities, the U.S. House of Representatives passed the Inflation Reduction Act of 2022 on Friday. Included in the package is funding for working lands conservation and investments in clean energy for rural communities.
 
“This package will positively impact rural people across the country,” said Johnathan Hladik, policy director for the Center for Rural Affairs.

Included in the Inflation Reduction Act is $3.25 billion for the Conservation Stewardship Program and $8.45 billion for the Environmental Quality Incentives Program through fiscal year 2026. This funding will provide farmers interested in implementing conservation practices a better chance at receiving funding.

“We know these working lands conservation programs have been severely underfunded and oversubscribed,” Hladik said. “This funding will address the backlog of farmers who have applied for financial assistance and not received a contract due to lack of program resources.”
 
The Inflation Reduction Act also provides significant investments in the energy sector by allocating roughly $30 billion in grant and loan programs for state and electric utilities to accelerate the transition to clean electricity. The package contains a special focus on rural electric cooperatives.

“These investments in localized, renewable energy will result in energy cost savings for consumers and increased reliability of the electricity sector,” Hladik said.



Clean Fuels Welcomes Tax Certainty, Infrastructure Funding

Friday, Clean Fuels Alliance America thanked House leaders for extending the biodiesel and renewable diesel incentive and creating a new infrastructure grant program in the Inflation Reduction Act. The legislation will extend existing industry tax incentives and create a sustainable aviation fuel tax incentive through 2024. It also creates a new Clean Fuel Production Credit for 2025, 2026 and 2027 and a new Biofuel Infrastructure and Agriculture Product Market Expansion, with funding through September 2031.

“Cleaner, better fuels like biodiesel and renewable diesel are essential to America’s economy and environment. They support good-paying jobs, reduce fuel prices and the cost of transporting consumer goods, and cut carbon emissions by an average 74%,” stated Clean Fuels’ Vice President of Federal Affairs Kurt Kovarik. “We appreciate Congress providing our industry long-term certainty in tax policy, and we thank Representatives Cindy Axne and Angie Craig for their tireless advocacy of the biodiesel tax credit, as well as Chairman Richard Neal and Representative Mike Thompson for supporting its inclusion in today’s legislation.”

“We applaud the new Biofuel Infrastructure and Agriculture Product Market Expansion, which will build on the success of USDA’s current infrastructure grant program,” Kovarik continued. “As our industry looks to continue growing and sustainably meeting America’s need for affordable, clean energy, these grants will help our industry deliver cleaner, better fuels directly to consumers.”

The U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and more than $17 billion in economic activity each year. Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity. Biodiesel production supports approximately 13 percent of the value of each U.S. bushel of soybeans. Biodiesel and renewable diesel on average reduce carbon emissions by 74% compared to petroleum diesel.



Climate and Biofuel Provisions in Budget Reconciliation Bill Will Expand Ethanol Use

The American Coalition for Ethanol (ACE) today expressed support for the climate and ethanol-related provisions included in the budget reconciliation legislation, The Inflation Reduction Act of 2022, now passed by the Senate and House and headed to the President’s desk for signature. ACE CEO Brian Jennings issued the following statement of support:

“This far-reaching legislation Congress sent to the President’s desk will provide half a billion dollars for E15 and E85 infrastructure, invest a whopping $18 billion to support climate-smart agriculture practices which help reduce the carbon intensity of ethanol, reward fuels like ethanol with a new clean fuel production tax credit based on carbon intensity, establish a new sustainable aviation fuel tax credit based on carbon intensity, and give a big boost to projects which capture and sequester carbon.

“While this bill does not contain everything on our wish list, it does contain some incredible incentives for farmers and ethanol producers looking to capitalize on carbon intensity and we encourage the President to sign it into law, so farmers and ethanol producers can continue innovating and playing a meaningful role in helping combat climate change.”



RFA Thanks House for Passing Reconciliation Bill with Biofuel Incentives

The Renewable Fuels Association today thanked House leadership for retaining important biofuel provisions in the Inflation Reduction Act as it was passed today, noting these elements of the legislation will stimulate growth and investment in the use of low-carbon renewable fuels like ethanol.

“We are pleased that both houses of Congress have now recognized the important role renewable fuels like ethanol can play in bolstering our nation’s economy and accelerating decarbonization efforts,” said RFA President and CEO Geoff Cooper. “When it comes to ethanol and other renewable fuels, this bill represents the most significant federal commitment to low-carbon biofuels since the Renewable Fuel Standard was expanded by Congress in 2007. We look forward to these provisions becoming law quickly so that American families have greater access to lower-cost, American-made renewable fuels that are good for the environment, the economy, and energy security.”

Among the provisions of the bill supported by RFA are $500 million in grants for higher-blend biofuels infrastructure; extensions of several current biofuel tax credits; creation of new tax credits for clean fuel production and sustainable aviation fuel; and enhanced support for carbon capture, utilization and storage.



Statement from Agriculture Secretary Tom Vilsack on Passage of Inflation Reduction Act

“I want to thank Speaker Pelosi for leading the House in quick passage of the historic Inflation Reduction Act, putting rural America over special interests, and delivering a historic bill to President Biden’s desk.

“The Inflation Reduction Act will provide significant support for farmers, ranchers, and forest landowners as they care for our precious land, adapt and mitigate to climate change and ensure America remains a food secure nation. With historic investments in a clean energy economy, the Inflation Reduction Act will create good-paying jobs and more economic opportunity in rural communities across the country. Rural Americans will see lower utility bills and appreciate the fiscally responsible way the law lowers deficits. The Inflation Reduction Act will also lower costs for seniors, who make up a higher percentage of rural populations than more urban areas, by capping their annual out of pocket costs at the pharmacy and giving Medicare the power to negotiate drug prices.

“The Inflation Reduction Act builds on the Biden-Harris Administration’s historic investments in rural America and furthers the commitment to rural communities demonstrated in the American Rescue Plan and Bipartisan Infrastructure Law. The law is a once-in-a-generation opportunity to build critical infrastructure, to protect communities from wildfire and extreme heat and to drive climate-smart agriculture and renewable energy initiatives nationwide.

“President Biden knows that when rural communities succeed, America succeeds. I look forward to the President signing the Inflation Reduction Act, implementing its historic provisions at USDA, and investing a better future for rural America and all of America.”



NFU Statement on Passage of Inflation Reduction Act

National Farmers Union (NFU) President Rob Larew issued the following statement in response to the U.S. House of Representatives passing the Inflation Reduction Act of 2022:

“The passage of the Inflation Reduction Act is cause for optimism for farmers and ranchers across the country, with historic investments in voluntary, incentive-based conservation programs that are critically underfunded. NFU is proud to see investment in biofuels infrastructure that will help farmers' bottom line and help consumers save at the pump. The inclusion of financial support for economically distressed farmers and ranchers is also a welcome addition that will help keep farmers on their land for years to come,” said NFU President Rob Larew.

“NFU thanks Senate Agriculture Committee Chair Debbie Stabenow, House Agriculture Committee Chair David Scott, and other allies for their work on this historic legislation and the inclusion of multiple NFU priorities in the final bill. We thank President Biden for his leadership in delivering this important legislative achievement for family farmers and ranchers and rural communities and look forward to him signing the bill into law and working with USDA to implement the bill,” Larew concluded.



NCBA Condemns Flawed “Food Compass” Study
 
Today, the National Cattlemen’s Beef Association (NCBA) condemned the flawed “Food Compass” study funded, in part, by fake meat promoter Bill Gates.
 
“The idea that M&M’s, potato chips and cereal are somehow healthier than natural beef ignores scientific evidence and frankly doesn’t measure up to logic. These snack foods are high in sugar, carbohydrates and fats, while beef is a nutrient-rich food that provides essential protein, iron, zinc and numerous B vitamins,” said NCBA CEO Colin Woodall. “No one sits down to a plate of candy and chips expecting a healthy meal, but a lean cut of beef accompanied by vegetables or fruits and whole grains is a healthy choice every time. To suggest otherwise is irresponsible, and it confuses consumers at a time when we should be working to meet their nutritional needs, rather than confounding them with agenda-driven faux science.”
 
NCBA continuously highlights beef’s role in a healthy diet as an authentic source of high-quality protein and essential nutrients. Animal proteins, like beef, are among the most nutrient-dense, complete protein sources available and cattle farmers and ranchers are committed to producing high-quality protein in the most sustainable way possible.
 
NCBA is a tireless advocate for America’s beef farmers and ranchers and will continue highlighting the nutritional, environmental and economic benefits of real beef.



USDA Investing $197 Million in Partner-Driven, Locally led Conservation

The U.S. Department of Agriculture (USDA) today announced it is awarding $197 million for 41 locally led conservation projects through the Regional Conservation Partnership Program (RCPP). RCPP is a partner-driven program that leverages partner resources to advance innovative projects that address climate change, enhance water quality, and address other critical challenges on agricultural land.

“Our partners are experts in their fields and understand the challenges in their own backyards,” Agriculture Secretary Tom Vilsack said. “Through RCPP we can tap into that knowledge, in partnership with producers and USDA, to come up with lasting solutions to the challenges that farmers, ranchers, and landowners face. We’re looking forward to seeing the results of public-private partnership at its best, made possible through these RCPP investments.”

The projects funded today are awarded under two different RCPP funding opportunities: RCPP Classic and RCPP Alternative Funding Arrangements (AFA). RCPP Classic projects are implemented using NRCS contracts and easements with producers, landowners and communities, in collaboration with project partners. Through RCPP AFA, partners have more flexibility in working directly with agricultural producers to support the development of new conservation structures and approaches that would not otherwise be available under RCPP Classic.

As part of each project, partners offer value-added contributions to amplify the impact of RCPP funding in an amount equal to or greater than the NRCS investment.

Private landowners can apply to participate in an RCPP project in their region through awarded partners or at their local USDA service center.

More Information
First authorized in the 2014 Farm Bill, RCPP has leveraged partner contributions of more than $1 for every $1 invested by USDA, resulting in nearly $3 billion collectively invested in natural resource conservation on private lands. Since inception, RCPP has made 589 awards involving over 3,000 partner organizations. Currently there are 401 active projects, with at least one active project in every state and area. Successful RCPP projects provide innovative conservation solutions, leverage partner contributions and offer impactful and measurable outcomes.

For more information about RCPP, visit the NRCS website https://www.nrcs.usda.gov/wps/portal/nrcs/main/national/programs/financial/rcpp/.

RCPP is part of NRCS’ broader effort to engage partners. For example, NRCS recently announced it will invest $35 million this year through the Conservation Innovation Grants (CIG) program. Through CIG, grantees work to address our nation's water quality, water quantity, air quality, soil health and wildlife habitat challenges, all while supporting agricultural production.



ADM to Build New Fertilizer Terminal in St. Paul

ADM announced the opening of a new fertilizer terminal and blender in St. Paul to boost availability and access to quality crop nutrition products across the northern U.S. Corn Belt and western Canada. The new river terminal strengthens ADM's position of being a preferred and reliable supplier of fertilizer.

The new terminal has bulk storage capacity for a variety of macro and micronutrients than can be blended on site to meet unique crop nutrition needs of customers in the region. Its location, immediately south of the I-94 and Highway 52 intersection, provides easy on-and-off access to the interstate for truck traffic.

"The St. Paul facility is the newest leg of our strategy to be a world-class supplier of fertilizer," said Scott Nagel, president ADM-Benson Quinn. "It strengthens our global supply chain logistics infrastructure to help ensure we continue to reliably procure and deliver high-quality fertilizer. It is ADM's robust logistics network that enables us to rapidly respond to changing market conditions like what we have been experiencing over the last year."

The new facility is one of 28 river and interior fertilizer terminals across the U.S. and Canada operated by ADM. They supply dry and liquid fertilizer to retailers and farmers throughout North America.

ADM Fertilizer offers its customers the unique ability to price and procure fertilizer up to 12 months in advance so they can take advantage of market opportunities. The ADM Fertilizer team leverages its commodity trading expertise to provide customers market insights to help them make better buying decisions.