Typically, when beef prices are at a high level in the grocery store and herd numbers are low, the response is a rebuilding of supply. Nate Kauffman, the senior vice president and Omaha branch executive for the Kansas City Fed, says the numbers show there should be...
Today, Iowa Secretary of Agriculture Mike Naig urged the U.S. House of Representatives’ Rural Domestic Energy Council to find agreement to make year-round E15 available to drivers around the country. Secretary Naig, a longtime biofuels advocate, reinforced the...
Iowa farmers continue to push productivity higher, but new demand has not kept pace with that growth. Iowa Renewable Fuels Association Executive Director Monte Shaw told members that agriculture is once again facing a familiar challenge: more grain than existing...
There were some recent concerns about dry weather in South America, but the current forecast is now showing ideal conditions for their crops. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said soybean...
With the review process of the U.S.-Mexico-Canada Agreement set to begin later this year, the Senate Finance Committee took a closer look at the deal this week. Dave Salmonsen, senior director of government affairs for the American Farm Bureau Federation, said the...
Another month-over-month increase is forecasted for our nation's corn exports, according to USDA's latest outlook. World Agricultural Outlook Board Chair Mark Jekanowski discusses the export numbers for the nation’s record corn crop. Jekanowski says one impact from...
The U.S. Department of Agriculture (USDA) is encouraging dairy producers to enroll in Dairy Margin Coverage (DMC), an important safety net program that helps offset milk and feed price differences. This year’s DMC signup began Jan. 12 and the deadline to enroll is...
New federal pesticide decisions and evolving endangered species requirements are expected to bring more field-specific guidance for Iowa applicators heading into the growing season. Conversations following the Agribusiness Association of Iowa Showcase highlighted how...
Heading into this week’s export sales report, the markets were expecting to see negative corn sales and positive soybean sales. Allendale commodity broker Greg McBride said the report turned out to be the complete opposite from those estimates. Flash sales were active...
Farmland values have been resilient and even robust in past several years. However, those prices are entering a new phase as profit margins continue to change. Colton Lacina, the senior vice president of real estate operations for the Farmers National Company, said...
