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New ARC/PLC acres will be specifically distributed

New ARC/PLC acres will be specifically distributed

Thirty million new base acres in last year’s One Big Beautiful Bill won’t be distributed on a first-come, first-served basis. Instead, the USDA is electing to distribute those acres in a more organized way. USDA Undersecretary for Farm Production and Conservation Richard Fordyce said producers don’t need to rush to their FSA office for the new Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) base acres. Fordyce said this will keep farmers from having to stake their claim on base...

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ERS finds increasing concentration in ag and food sectors

The USDA?s Economic Research Service looked into market concentration and its impact on competition. It?s a subject that?s attracted growing public scrutiny. The ERS study says market concentration, which is measured by the share of industry sales held by the largest...

Big surprises in Quarterly Grain Stocks and Acreage reports

It seems like the USDA didn?t want us to coast into this weekend. If you?ve looked at the current grain prices, then you?ll know that there were some big surprises in today?s Quarterly Grain Stocks and Acreage reports. Allendale commodity broker Greg McBride said the...

I-29 Moo University continuing 2023 Dairy Webinar Series

I-29 Moo University continuing 2023 Dairy Webinar Series

The I-29 Moo University 2023 Dairy Webinar Series continues Thursday, July 20 from 12 noon to 1 p.m. CDT with a focus on milk margins.The webinar will feature Dr. Gonzalo Ferreira, associate professor in the School of Animal Sciences (former Department of Dairy...

Derecho hits parts of corn belt again

Derecho hits parts of corn belt again

We had thunderstorm activity show up in parts of Iowa yesterday. We saw some wind damage in some parts of the state. By the time it was ready to leave our state, the word Derecho was being tossed around by forecasters in the eastern corn belt.Fellow farm broadcaster...

Overcoming crop stress to deliver quality yields

Overcoming crop stress to deliver quality yields

Iowa Soybean Association Treasurer and District 1 Director Brent Swart is a farmer in Northwest Iowa near Spencer. While almost the entire state is in moderate to severe drought right now in 2023, northwest Iowa dealt with the most severe drought conditions in the...

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U.S. Export Sales Report (1-19-24)

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...