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Iowa farmland sells for a near-record amount

Iowa farmland sells for a near-record amount

Not one but two tracts of farmland in Sioux County, Iowa, sold for a near-record $29,600 per acre in a public auction this week. In November 2022, a sale of 73.19 acres in the same county sold for the current state record of $30,000 per acre. A spokesman for Zomer...
United States cattle on feed up slightly

United States cattle on feed up slightly

USDA ended last week with the monthly Cattle on Feed Report showing slightly higher inventories on February 1. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million. The inventory...
Brazil soybean exports double U.S. shipments

Brazil soybean exports double U.S. shipments

Brazil’s 2023 soybean exports reached a record 3.74 billion bushels, 29 percent higher than the previous year as Brazilian production hit record levels. Meanwhile, U.S. shipments dropped 14 percent to 1.78 billion bushels in the same period. The two countries are...