According to the April Ag Economy Barometer, farmers continue to voice concerns about input prices and availability (for 2022 and 2023), which seems to be overshadowing optimism about commodity prices hitting decade-highs.
The CEO of ClearFlame says its modified diesel engines in trucks and farm machinery offer the same power and performance of traditional diesel engines but with lower fuel costs and fewer emissions. Look for them this summer.
A bullish set of fundamentals pushed corn prices to this high level, says Dan Basse, president of AgResource Company, and those factors could actually be getting more bullish.
Rail backlogs in the U.S. are delaying shipment of grains as well as processed flour and corn syrup, contributing to the national problem of inflation, said food and grain companies at a hearing this week.