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USDA invests in domestic fertilizer production
USDA Secretary Tom Vilsack says his agency is making domestic fertilizer production investments in nine states to increase competition, lower fertilizer costs for American farmers, and lower food costs for U.S. consumers. “When we invest in domestic supply chains, we drive down input costs and increase options for farmers,” Vilsack says. “Through today’s investments, USDA is bringing jobs back to the United States, lowering costs for families, and supporting farmer income.” USDA is investing...
HPAI should wane over the winter, but the battle is not over
Snow is now on the ground in Des Moines. With this cold snap, it is safe to say that winter has arrived. It comes with many challenges and frustrations, but there are also positives. One of those positives is the expected seasonal slowdown of H5N1 or High-Pathogenic...
Agriculture groups react to Ag Secretary nominee
U.S. agriculture groups reacted to President-elect Donald Trump picking Brooke Rollins as his nominee for Secretary of Agriculture. “Brooke Rollins has fought for Main Street and rural America,” says National Cattlemen’s Beef Association Vice President of Government...
Balancing trying to save money without impacting yields
Producers are always looking for ways to farm as efficiently and economically as possible, but in a time of depressed commodity prices that becomes an even bigger priority. Isaac Anderson is a market development agronomist with Winfield United and he says that while...
Trump announces blanket tariff plans, neighboring countries respond
President-elect Donald Trump has laid out his vision for blanket tariffs on Canada, Mexico, and China. Trump announced on his social media platform that one of his first executive orders will be to slap an immediate 25 percent tariff on all Canadian and Mexican...
Succession planning can make passing the farm down easier
Farming is full of investments, but those investments aren’t in traditional things like stocks and bonds- they’re in things like land and machinery. Matt Roberts, chief planning officer of the West Des Moines-based Syverson Strege, said that’s why it’s even more...
Menke makes trade visit to Taiwan
Last week Iowa Deputy Agriculture Secretary Grant Menke had the chance to lead a trade mission, with the Iowa Economic Development Council to the countries of Japan and Taiwan. Today we will focus on the Taiwan portion of the trip. While Taiwan isn’t as large of a...
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Administration won’t finalize 45Z guidance
Biden administration officials won’t finalize guidelines on new clean fuel production tax credits intended for the airline and biofuel industries before the officials leave office in January. Three sources told Reuters that casts significant doubt on the future of a...
CLAAS continuing to support farmers as dealer network shifts
This year saw a shift in the dealer network for CLAAS, as both Ziegler and Butler Ag Equipment decided to focus their efforts and no longer carry the CLAAS line. Daryl Theis, head of sales and marketing at CLAAS, said they appreciate the long partnership they had with...
December farm income forecast shows lower 2024 numbers
The USDA’s December Farm Income Report showed only a slight change from September’s numbers. Revised estimates in the 2024 Farm Income Forecast still show agriculture taking a big financial hit this year. Danny Munch, an economist at the American Farm Bureau...
Income prospects differ for livestock vs. crop producers
The farm income bottom line is vastly different this year for livestock producers compared to row crop farmers. Spiro Stefanou, Administrator of USDA's Economic Research Service, says that USDA’s farm income forecast for this year shows crop receipts down almost...
Farm sector profits forecast to fall in 2024
Net farm income, a broad measure of profits, is forecast at $149.7 billion in calendar year 2024, down by $6 billion, or 4.1 percent, relative to 2023. Inflation-adjusted farm income is forecast to drop by $9.5 billion, or 6.3 percent. Despite the predicted decline,...