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John Deere right-to-repair settlement announced
John Deere has agreed to a $99 million settlement in a class action lawsuit regarding its right-to-repair policies, which allegedly restricted farmers' access to necessary diagnostic tools and software for equipment repairs. Austin Peiffer, an attorney with Ag & Business Legal Strategies in Hiawatha, Iowa, said this agreement now gives farmers options. Peiffer said this class action was brought about under antitrust law. Peiffer said the right to actually repair your own equipment is the...
Ag producers facing a record trade deficit
The U.S. is facing a record-large agricultural trade deficit in 2024. Betty Resnick, an economist at the American Farm Bureau Federation, said the deficit has deepened significantly in the last two years. Resnick said there are many challenges contributing to the ag...
Emissions lawsuit against EPA filed on Tuesday
The National Corn Growers Association, American Farm Bureau Federation, and the Owner-Operator Independent Drivers Association joined the American Petroleum Institute in filing a lawsuit against the EPA. The suit, filed in the D.C. Circuit Court of Appeals, challenges...
United Soybean Board is committed to innovation
The secret to keeping the soybean markets strong is no secret. We have to keep driving demand for U.S. soybeans. It is imperative that we not only try to open up more international markets, but we also need to keep finding uses at home. The Soybean Checkoff sustains...
South American Weather and Crop Update (6-18-24)
Contrary to the ever-changing weather we’ve seen here in Iowa, the weather has remained status quo in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions. Fortunately, that weather hasn’t impacted the safrinha harvest in...
Ethanol on display at Iowa Corn Ethanol 350
Supporting Iowa’s World Class Corn Producers at the Iowa Corn Ethanol 350 this past weekend were our friends at the Iowa Corn Growers Association. Iowa corn farmers are among the most productive in the world and continue to get better, believe it or not, which...
New year farm bill funding boost not a given
Increased funding for the farm bill next year is not guaranteed. There is also no certainty that increased funding can be counted on for political support for a new five-year farm and nutrition bill. A streamlined budget process known as “reconciliation” allows the...
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U.S. Export Sales Report (11-7-24)
Strong export sales were reported again this week by the USDA. The hope is that these sales will continue past the week of the election. Allendale commodity broker Greg McBride gave an update on the latest numbers. Recent flash sales have actually lightened up a...
National FFA leadership team has wide variety of farm experience
Thirty-seven candidates vied for the honor of being elected to the 2024-2025 National FFA Leadership Team during the recent National FFA Convention. This year’s team has a wide variety of farm experience, but they all share a common passion for agriculture. Mary...
Soybean markets turning more attention to planting in South America
As harvest wraps up in the United States, oilseed markets are turning more attention to planting progress in South America. USDA Outlook Board Chairman Mark Jekanowski says the markets have a new focus. He says oil seed analysts and traders are paying close attention...
Treasury expands foreign land purchase oversight
The U.S. Treasury Department issued a final rule that significantly expands its ability to review real estate transactions by foreign persons near more than 60 military bases across 30 states. The Treasury, as Chair of the Committee on Foreign Investment in the United...
Is Ag in a recession? It depends on who you ask
We talked earlier in the week about the October Rural Mainstreet Index numbers being less than stellar. But what does that mean for the Ag industry? It all depends on who you ask. Most economists agree that things are slower and more sideways than in recent years, and...
