U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom just completed a market visit to Hong Kong for the first time since COVID-19 restrictions were lifted. Halstrom said that Hong Kong’s foodservice sector- which was decimated by limitations on...
News
AFBF announces new mental health resource for farming families
Mental health is not something that should be taken lightly. It's okay to not feel okay, but it's also important to make sure that you and your loved ones are doing what you can to develop and promote positive mental health. This past Sunday, the American Farm Bureau...
Budget disputes leading to farm bill frustrations
Congress has voted to extend temporary funding again to keep the government open, but in the process has likely produced more delays in writing a farm bill. That has led to frustration among members of Congress hoping to complete work on the farm bill early in 2024....
Fed’s January 2024 beige book on ag economy
The Federal Reserve Board released its January 2024 Beige Book, a summary of its commentary on the current economic conditions in each Federal Reserve District. In the sixth district around Atlanta, Low cattle supply led to higher cattle prices, but consumers are...
Will the grains continue to pull back on price levels?
We are almost one month into the new year, and we have been seeing a lot of red splotches on the grain markets. That’s not to say there has been a general slide, but it feels like there have been more low days than highs. The markets seem to keep retreating from the...
How to adjust your planter for no-till fields
When using no-till practices, the soil is obviously not as soft at the surface due to the residue from the previous crop. If you don’t adjust your planting practices to go along with your no-till practices, then your yields will take a hit. Roger Wilcox, one of the...
CCC farm bill remedy has some support even from critics
United States Ag Secretary Tom Vilsack recently suggested use of Commodity Credit Corporation Funds as a remedy for the lack of farm bill funding to increase crop subsidy triggers or reference prices. That idea may have some support even among its critics. Vilsack...
U.S. Export Sales Report (1-19-24)
There’s been a lot of negativity in the marketplace following last week’s WASDE report, but we were able to end this week with some more friendly news from the export sales. Allendale commodity broker Greg McBride gave a breakdown on this week’s numbers. This week’s...
Deadline approaching for crop insurance discount program
Iowa Secretary of Agriculture Mike Naig today reminded farmers and landowners who planted cover crops this past fall to apply for the state’s Crop Insurance Discount Program ahead of the Friday, January 26 deadline. Eligible Iowans can receive a $5 per acre discount...
Soybean numbers appear to weaken in South America
As we go through the winter, it is obvious that the markets are watching what happens in Brazil. They are passing our numbers for exports and are in the midst of their growing season. However, they are also getting much attention because the conditions in the south...
