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Fertilizer price probe opens as farm margins tighten

Fertilizer price probe opens as farm margins tighten

The Federal Trade Commission has opened an industrywide investigation into fertilizer prices after sharp increases during spring planting. Reuters reported that FTC Chairman Andrew Ferguson said the agency is using civil investigative demands to gather documents and testimony. The probe comes as growers face higher fertilizer and fuel costs, drought in parts of the Plains and another year of narrow margins. Reuters said urea prices have climbed 55% since shipping through the Strait of Hormuz...

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NASA technology helping farmers from space

NASA technology helping farmers from space

Interest in NASA and America’s return to the Moon has surged again following the Artemis missions and the growing focus on deep space exploration. But while much of the public attention is focused on rockets and astronauts, NASA says some of its most important work is...

Encouraging Iowa consumers to buy more food locally

Encouraging Iowa consumers to buy more food locally

Every year, Iowans spend approximately $12.6 billion on food. Unfortunately, much of that money does not stay within the state. In order to bring some of this spending back to Iowa, the Iowa Food System Coalition has launched the Iowa Local Food Challenge. By inviting...

Farm industry is navigating challenging times

Farm industry is navigating challenging times

There’s no doubt it’s been a rough go for the U.S. agricultural sector in recent years. Rob Larew, the president of the National Farmers Union, said the passage of the farm bill out of the House provides a bit of hope. Larew said it was disappointing to see year-round...

DOJ confirms probe into beef processors

DOJ confirms probe into beef processors

The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...

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U.S. red meat exports were strong in March

U.S. red meat exports were strong in March

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...