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House Agriculture Chairman Glenn "GT" Thompson is seeking a waiver to serve another term as chairman, setting up a leadership fight as lawmakers work to finish the farm bill.
Farm leaders and agricultural economists at the Farm Progress Show pointed to stronger corn, soybean and wheat prices changing the financial outlook from just a few months ago. The rally is giving producers opportunities to lock in positive margins, but those gains continue to be tempered by higher fertilizer and energy costs.
Fertilizers appear to shift lower once again. Six of the eight major fertilizers are lower compared to last month, with the remaining two nutrients being slightly higher. Two fertilizers are leading the way to the downside. DTN designates a significant move as anything 5% or more.
