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U.S. beef has great new opportunities in the UK marketplace
U.S. beef recently regained duty-free access to the United Kingdom under a 13,000 metric ton quota included in the trade framework reached by the Trump administration last year. The quota provides the first zero-duty access to the UK since its exit from the European Union in 2020. The first U.S. beef shipments under the new, duty-free quota arrived in March and was celebrated by a pair of events hosted by the U.S. Meat Export Federation (USMEF) in London last week. Those events included a...
November pork export value highest in over two years
Fueled by record performances in Mexico, Central America, and Colombia, November pork exports reached their highest value since November 2021. USDA data compiled by the U.S. Meat Export Federation says November pork exports reached 258,600 metric tons, up five percent...
Secretary Vilsack says the loss of farms cannot be the status quo
During yesterday’s Iowa Renewable Fuels Summit in Altoona, we got to hear about the latest things affecting agriculture and the biofuels industry. We looked out at the horizon of sustainable aviation fuels and the part homegrown products can play in that new...
Indigo Ag announces new CEO Dean Banks
This week, Indigo Ag and Flagship Pioneering announced that Dean Banks will join Flagship Pioneering as CEO-Partner and CEO of Indigo Ag. Banks, who previously served as President and CEO of Tyson Foods, said he’s eager to increase Indigo Ag’s role as a leader in the...
Choosing the right seed in a competitive marketplace
Selecting the right seed for your operation is the first step to every growing season. And that decision is a passionate and emotional decision for growers every year says Todd Pester, corn and soybean product manager for North America, with Nutrien Ag Solutions. He...
U.S. Export Sales Report (1-11-24)
The USDA released a quiet export sales report ahead of tomorrow's WASDE report. Allendale commodity broker Greg McBride gave a breakdown of the numbers. McBride said there was a flash sale to Mexico today, which is very surprising since they said they’d stop importing...
USDA announces market development program investments for 2024
The USDA’s Foreign Agricultural Service is awarding more than $200 million to nearly 70 agricultural organizations to help expand export markets for U.S. food and agricultural products. The expansion efforts will happen through the Market Access Program and the...
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REAP funds available for rural renewable energy projects
The U.S. Department of Agriculture is announcing $145 million in funding for 700 loan and grant awards through the Rural Energy for America Program, or REAP, to help agricultural producers and rural small business owners make energy efficiency improvements and...
Bearish Quarterly Grain Stocks and Acreage Reports stunts grain markets
The Quarterly Grain Stocks Report had a bearish tilt to it today, as most of the numbers came in higher than expected. The Acreage Report had an even greater bear effect to the grains, as both corn and beans came in differently than what was predicted. Allendale...
NCBA pushes back against lab-grown meat in the U.S. military
In one of their most recent Beltway Beef Podcast episodes, the National Cattlemen’s Beef Association talked about a new project being introduced by the Department of Defense. The National Defense Authorization Act is used to fund the DoD and projects within it. The...
Cattle producers celebrate supreme court decision
The National Cattlemen’s Beef Association welcomed the Supreme Court’s decision that reins in the legal concept of Chevron deference and will reduce overreaching regulations from federal agencies that lack congressional authority. “Elected officials in Congress should...
ISA Experience Class showcases the entire soybean ecosystem
The 2024 Iowa Soybean Association Experience Class will take place July 22nd-24th. The class will meet for three days and will travel across the state of Iowa to tour and learn about the soybean industry. Participants will develop insights on soybean research, new...
