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Farmers already expect higher breakeven prices in 2027

Farmers already expect higher breakeven prices in 2027

The Purdue University/CME Group's Ag Economy Barometer declined in April as economic uncertainty caused a dip in farmer optimism for the future of their operations. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, says that corn growers are doing the math and expect even higher breakeven prices during the 2027 growing season. Despite the dip in the ag economy barometer and tightening margins for producers, many respondents to the survey indicated that they...

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Secretary Naig and INREC launch nitrogen soil sampling project

Secretary Naig and INREC launch nitrogen soil sampling project

Iowa Secretary of Agriculture Mike Naig and the Iowa Nutrient Research & Education Council (INREC) today announced a new, three-year Nitrogen Soil Sampling Project that will conduct nitrogen soil testing for farmers in targeted areas upstream from the Des...

NPPC targets Prop 12, trade, labor in D.C.

NPPC targets Prop 12, trade, labor in D.C.

The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer...

U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...

Adjustments to the soybean balance sheets in USDA April WASDE report

Adjustments to the soybean balance sheets in USDA April WASDE report

The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...

Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...

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Boozman: farm bill markup only weeks away

Boozman: farm bill markup only weeks away

Lawmakers on Capitol Hill returned from the Easter recess with growing optimism that a new five-year farm bill could soon advance. Agri-Pulse said John Boozman, chairman of the Senate Agriculture Committee, signaled progress. The Arkansas Senator said he expects...