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Iowa farmers tell story of American beef to Japanese consumers

Iowa farmers tell story of American beef to Japanese consumers

Two Iowa farms will be the centerpiece of a U.S. beef marketing campaign in Japan. Chance and Shayne Wiese and their 1904 fifth-generation Herefords farm were the first one featured. Shayne shared the story of their farm and acknowledged the rare opportunity to communicate directly with Japanese consumers. His brother Chance followed up by highlighting their farm’s commitment to running their operation in the most ethical way possible. The second farm was a feedlot near Carroll, Iowa, operated...

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Administration won’t finalize 45Z guidance

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

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

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

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

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,...

Saving money on inputs doesn’t mean slash and burn

Saving money on inputs doesn’t mean slash and burn

There are many conversations about how farms will save money in 2025. Producers are looking for ways to trim the budget, but cutting corners is a slippery slope. If you slash your inputs too much, your crops could be in serious danger. This year we heard many stories...

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U.S. Export Sales Report (3-27-25)

With everything going on in the ag economy right now, the export sales have taken a back seat. The greater focus is more on the Quarterly Grain Stocks and Prospective Plantings reports. Allendale commodity broker Greg McBride said it was a decent week for export...