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As profit margins tighten, debt management is critical
As tighter margins pressure farm finances, lenders are seeing producers rely more heavily on borrowed capital to cover operating expenses. At the same time, higher interest rates are increasing the cost of carrying that debt. Chad Gent, senior vice president of retail credit with Farm Credit Services of America, said that is making cash flow management increasingly important. Gent said the impact of higher interest rates varies widely among operations, depending on their financial position and...
Anti-animal ag groups spending millions ahead of midterms
Anti-animal groups have been spending big ahead of the midterm elections. Hunter Ihrman, executive director of strategic engagement at the National Cattlemen’s Beef Association (NCBA), said those groups have spent millions in an effort to influence the election...
Farmers are becoming more invested in weed resistance management strategies
Weed resistance management is becoming more of a central focus for growers when developing their management plan for the growing season. As farmers are learning more about weed resistance, they are making changes to their management plans to ensure that they have the...
Winter soybean strategy may help pig farmers beat the summer heat
New research funded by the Soy Checkoff suggests winter feeding decisions could help pork producers minimize the seasonal drop in carcass weights during the summer months. Researchers found that increasing soybean meal levels in grow-finish diets helped pigs maintain...
Iowa harvest advances despite weather interruptions
Harvest continues across Iowa, with farmers reporting strong yields despite weather interruptions that have slowed fieldwork in some areas. As producers bring in the remaining crops, Iowa Secretary of Agriculture Mike Naig says favorable yields and changing weather...
Channel Seed helps update barns at Louisa County fairgrounds
Our state’s county fairs are at the heart of our local communities, and many of those fairs have been around for a long time. As such, those buildings also need updates as time takes its toll. When Louisa County’s old livestock barns became unsafe, several local...
Tough week of trade in the cattle markets
Across the industry most analysts pointed to the October Cattle on Feed Report as mostly friendly, however the markets this week were anything but positive for the cattle trade. Both the live and feeder cattle markets experienced sizable losses for the week. Matt...
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Iowa grain producers navigate challenging market conditions
Iowa farmers continue to face challenging grain market conditions as harvest supplies, disappointing soybean demand figures, and uncertainty surrounding international trade weigh on commodity prices. While soybean demand has strengthened in recent years, the latest...
Potential strike at Southern California ports could majorly impact U.S. red meat exports
Security workers at the ports of Los Angeles and Long Beach are threatening to go on strike if a contract agreement is not reached this week. While the union represents only a small portion of the overall port workforce, other unionized employees such as longshoremen...
Anti-animal ag groups spending millions ahead of midterms
Anti-animal groups have been spending big ahead of the midterm elections. Hunter Ihrman, executive director of strategic engagement at the National Cattlemen’s Beef Association (NCBA), said those groups have spent millions in an effort to influence the election...
Farmers are becoming more invested in weed resistance management strategies
Weed resistance management is becoming more of a central focus for growers when developing their management plan for the growing season. As farmers are learning more about weed resistance, they are making changes to their management plans to ensure that they have the...
Winter soybean strategy may help pig farmers beat the summer heat
New research funded by the Soy Checkoff suggests winter feeding decisions could help pork producers minimize the seasonal drop in carcass weights during the summer months. Researchers found that increasing soybean meal levels in grow-finish diets helped pigs maintain...
