Average retail prices for all eight of the major fertilizers are lower compared to one month earlier. Three fertilizers MAP, potash and urea were significantly lower than a month ago. DTN designates a substantial move as anything 5% or more.
The sugar program persists for the simple reason that the benefits are concentrated in just a few hands, while the losses although far greater are so diffuse that the public is largely unaware of them.
LINCOLN, Neb. Overseas markets provide major revenue for Nebraska’s agricultural sector about 30% of the state’s annual ag receipts. In 2020, those export sales included $2.3 billion of Nebraska soybeans, $1.2 billion of…
(Chuck Muth) – A recent article by John Beghin on behalf of the American Enterprise Institute resurrects old and debunked arguments for eliminating the current U.S. sugar program of limited tariffs and targeted import quotas. He starts off with the time-worn claim that domestic sugar prices are “around twice the level of world prices” and […]