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Farm Bill Clears House as E15 Waits
The U.S. House has now passed its version of the Farm Bill, but just hours before that final vote, lawmakers were still working through the steps needed to bring the legislation to the floor. Speaking Wednesday morning, just minutes before the House began voting on the rules package to advance the bill, House Agriculture Committee Chairman Glenn "GT" Thompson said the process had reached a critical stage. The rules vote cleared the way for full House consideration on Thursday, where the Farm,...
U.S., Brazil competitive balance in soybeans
The U.S. and Brazil are major competitors when it comes to exporting soybeans around the world. USDA’s Economic Research Service did a comparison study to figure out how changes in factors underlying production, marketing costs, and infrastructure might affect export...
A year-end message from Secretary Naig
As we take stock of 2023, there are things to be proud of. There are those moments where we persevered through adversity in weather, trade, markets, and the Federal Government’s lethargy. There are things that the farmers in Iowa can be proud of, like the strides we...
Wrapping up the ag markets at the end of 2023
The final two weeks of the calendar year are always quiet in the ag marketplace, and that was no different this year. Bill Moore, senior account executive with The PRICE Futures Group, said many traders have used the opportunity to even themselves out for the new...
Pork industry facing uncertainty as Prop 12 takes effect in 2024
California’s Prop 12 goes into effect with the new year on January 1. It becomes California state law during a time of already great uncertainty in the pork market. American Farm Bureau Federation Economist Bernt Nelson said that’s on top of some already bearish pork...
Finding the benefits of lower nitrogen usage
One of the obvious benefits of lower synthetic nitrogen usage is, of course, lower input costs, but there are environmental benefits as well. Jim Kelly, Director of Business Development with Pivot Bio, said their N-OVATOR program helps to measure that impact and...
Foreign U.S. farmland ownership grows, shrinks for China
Foreign ownership of U.S. farmland grew last year, according to a recent USDA report, but not for a key U.S. adversary. Foreign entities bought nearly 3-and-a-half million acres of U.S. farmland and forest in 2022, up more than eight percent to more than 43 million...
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More Ag News
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...
Iowa crop progress and condition report
Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...
USDA continues to learn about H5N1 vs HPAI
It feels like we have had a broken record going around and around during the spring and fall of the past few years. We have talked at length about High Pathogenic Avian Influenza (HPAI). The main difference between the two is that when the virus jumped the species...
