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Major reports can cause sudden market shifts

Major reports can cause sudden market shifts

As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director of grain origination and producer strategy at Landus Cooperative, said his origination team was working several days in advance to prepare producers ahead of the WASDE report. Weidner said he’s already looking ahead to other...

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New Canada-U.S. trade route now open

New Canada-U.S. trade route now open

Monday, July 27th should finally see an official opening of the Gordie Howe International Bridge, with that date confirmed by Washington and Ottawa. While the details have not yet been made public, the new agreement is based on an initial 15-year term. This new...

Farmers weigh fungicide against tight margins

Farmers weigh fungicide against tight margins

Even with crops looking good across much of Iowa, many producers are still facing difficult financial decisions. Depressed commodity prices and elevated input costs continue to squeeze profit margins, forcing farmers to carefully evaluate every input they purchase....

Mexico removes pseudorabies restrictions on U.S. pork offal

Mexico removes pseudorabies restrictions on U.S. pork offal

Mexico this week removed all pseudorabies (PRV) related restrictions on U.S. pork offal products. As U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror explains, this comes as a big relief since the temporary restrictions had...

No relief in sight for difficult farm economy

No relief in sight for difficult farm economy

Farmers and ranchers are continuing to struggle with a difficult farm economy. Unfortunately, a study from the American Farm Bureau Federation shows the economic situation in rural America will only get worse. Faith Parum, an economist with the American Farm Bureau...

NCGA recognizes Rep. Feenstra with President’s Award

NCGA recognizes Rep. Feenstra with President’s Award

The National Corn Growers Association recognizes Rep. Randy Feenstra with its highest honor, the President’s Award. Feenstra, who serves on the House Agriculture Committee, has been a long-standing champion for corn grower priorities, especially for expanding ethanol...

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R-CALF says imports hinder herd growth

R-CALF says imports hinder herd growth

The U.S. cattle herd remains at its lowest level in decades, leaving beef supplies historically tight and raising questions about when producers will begin expanding their herds. While economists often point to cattle prices, forage conditions, and producer...

House approves additional farm aid

House approves additional farm aid

The U.S. House of Representatives has approved $12 billion in additional farm aid as part of its budget reconciliation package. John Newton, vice president of public policy with the American Farm Bureau Federation, says the struggles of the farm economy have made...

Heavy rain hits crops in central Iowa again

Heavy rain hits crops in central Iowa again

Earlier this week, torrential rains hit central Iowa once again via a windbag storm. On top of the rain, heavy wind and hail damaged crops in some parts of the state. Dan Bjorklund, technical agronomist at Landus Cooperative, said that, while central and eastern Iowa...