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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 E15 amendment get pulled from the House Farm Bill after disagreements between oil-patch and farm-state Republicans. Larew said it’s time for the U.S. to invest in more domestic fertilizer prices to help withstand the price shocks...
Fed’s January 2024 beige book on ag economy
The Federal Reserve Board released its January 2024 Beige Book, a summary of its commentary on the current economic conditions in each Federal Reserve District. In the sixth district around Atlanta, Low cattle supply led to higher cattle prices, but consumers are...
Will the grains continue to pull back on price levels?
We are almost one month into the new year, and we have been seeing a lot of red splotches on the grain markets. That’s not to say there has been a general slide, but it feels like there have been more low days than highs. The markets seem to keep retreating from the...
How to adjust your planter for no-till fields
When using no-till practices, the soil is obviously not as soft at the surface due to the residue from the previous crop. If you don’t adjust your planting practices to go along with your no-till practices, then your yields will take a hit. Roger Wilcox, one of the...
CCC farm bill remedy has some support even from critics
United States Ag Secretary Tom Vilsack recently suggested use of Commodity Credit Corporation Funds as a remedy for the lack of farm bill funding to increase crop subsidy triggers or reference prices. That idea may have some support even among its critics. Vilsack...
U.S. Export Sales Report (1-19-24)
There’s been a lot of negativity in the marketplace following last week’s WASDE report, but we were able to end this week with some more friendly news from the export sales. Allendale commodity broker Greg McBride gave a breakdown on this week’s numbers. This week’s...
Deadline approaching for crop insurance discount program
Iowa Secretary of Agriculture Mike Naig today reminded farmers and landowners who planted cover crops this past fall to apply for the state’s Crop Insurance Discount Program ahead of the Friday, January 26 deadline. Eligible Iowans can receive a $5 per acre discount...
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More Ag News
Abnormally wet weather creates difficult nitrogen decisions
The excessive rainfall in the Midwest, which is on top of an already mild winter, is increasing the risk of nitrogen and other nutrients leaching through the soil before the crops- specifically corn- can use them. As such, farmers must decide if they need to stick...
Public Lands Council accepting rolling submissions for research funding
The Public Lands Council (PLC) this week announced a rolling notice of funding availability that accompanies the existing grant funding process for Fiscal Year 2025. This two-track process allows individuals and organizations to submit proposals at any point during...
Grassley calls for common sense on SAF tax credits
United States Senator Chuck Grassley (R-IA) says the next version of the Sustainable Aviation Fuel tax credit needs common sense, something he says is lacking in this year’s credit that’s due to run out in December. Senator Grassley says the 45Z tax credit due by the...
U.S. hog inventory up one percent
The U.S. inventory of all hogs and pigs on June 1 was 74.5 million head. USDA says that was up one percent from June 1, 2023, and up slightly from March 1, 2024. Breeding inventory, at 6.01 million head, was down three percent from last year and down slightly from the...
Keep your sprayers in tip-top shape
As the wet weather has us thinking about fungicides, and we plan for late-season herbicides and insecticides; it is good to make sure you are doing everything you can to keep your sprayer running efficiently. Your bottom line is going to heavily weigh on this...
