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Feeding the Economy report shows agriculture’s impact

Feeding the Economy report shows agriculture’s impact

Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those layers, ag supports about $10.4 trillion in economic output, or about one-fifth of the entire U.S. economy. With the overall farm economy struggling, Munch said it’s vital to highlight the broad economic importance of agriculture in...

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Farm income remains at healthy level

Farm income remains at healthy level

Farm incomes have been on the rise for the past five years and while they may drop some in 2023, they will still remain at a healthy level, according to Blaine Nelson, senior economist on the strategy, research, and analytics team at Farmer Mac. The past few years...

Promoting Iowa agriculture in South Korea and Japan

Promoting Iowa agriculture in South Korea and Japan

In February the Iowa Department of Economic Development led a trade mission to South Korea and Japan with various members of Iowa ag groups and businesses to promote Iowa ag products and expand trade opportunities. April Hemmes is the district 2 director with the Iowa...

South American Weather and Crop Update (4-25-23)

South American Weather and Crop Update (4-25-23)

Argentina is going to continue to be as parched as ever, and even Brazil is looking to see a short dry spell. Allendale commodity broker Greg McBride provided an update on the latest weather conditions in South America.McBride said Brazil?s soybean harvest is...

Consider vertical tillage to help achieve residue management goals

Consider vertical tillage to help achieve residue management goals

With margins tight and input costs only going up, it?s more important than ever for farmers to get the most out of every seed that goes into the ground. While it?s easy to spend hours talking about variety selection and crop protection products, it?s also important to...

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Pork and beef exports to China strengthen

U.S. beef and pork exports to China received a boost recently. China’s General Administration of Customs approved 18 U.S. beef establishments and 12 U.S. pork establishments for export to China – the first new U.S. plants cleared for export to China in about 10...

Now is a great time to deworm your cattle

Now is a great time to deworm your cattle

Deworming is a fairly routine part of taking care of any livestock, especially cattle, but it’s still not something to be taken lightly. For every day that there are parasites in your livestock, you are losing valuable dollars in ROI. Grant Crawford, associate...