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Farm bankruptcies continued climbing in 2025
A new American Farm Bureau Market Intel Report said Chapter 12 farm bankruptcies increased for the second year in a row, reaching 315 filings in 2025, a 46 percent increase from 2024. The Midwest and Southeast filed 121 and 105 Chapter 12 cases, respectively, far outpacing any other regions. Deep crop losses across commodities common in those two regions have compounded after years of declining receipts and rising expenses. Filing for Chapter 12 bankruptcy is a last resort for farmers who have...
Biden proposes Indo Pacific Economic Framework
During an Asia trip, President Biden proposed his Indo Pacific Economic Framework of the U.S. and 12 other nations, as a safeguard buffer to China?s growing economic influence in the region.The Framework is Biden?s answer to the Trans-Pacific Partnership that the U.S....
South American Weather and Crop Update (5-24-22)
Southern Brazil should see some good rains, which will help with that safrinha corn crop, but otherwise it?s still dry in Brazil in Argentina. Right now, they?re mostly just trying to get the rest of their crops out, so this is largely a good thing. Allendale...
Gas prices jump as diesel declines
The national gas price increased for the fifth straight week, while diesel declined slightly. GasBuddy reports the average national gas price increased 11 cents last week to $4.57 per gallon, while diesel fell 1.7 cents to an average of $5.53 per gallon. GasBuddy's...
Senator Ernst wants clarification on Biden?s 30×30 plan
If you are not familiar with the Biden Administration?s 30x30 plan, it calls for having 30% of American land in conservation by 2030. While it sounds noble, and protecting land is a good way to help our environment, there isn?t a whole lot of clarity of just where...
Record soybean crop & high exports predicted by USDA
In this month?s World Agricultural Supply and Demand Estimates (WASDE), the USDA put out a big estimate for soybeans. They estimated that the United States will produce a record number of soybeans in 2022. While that is good news, it is still just an estimate....
Pre-plans help firefighters at your farm during emergencies
Nobody wants to think about what could happen if there was a fire on the farm. It isn?t a very pleasant situation to have to deal with. However, if you do talk about it now and put some plans in place, it can help firefighters mitigate the damage that comes from...
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More Ag News
Red meat demand poised for rebound in China
Consumer demand in China is returning as a COVID wave eases and residents respond to the government?s elimination of most COVID-related restrictions. This increased activity, paired with economic strength for the Chinese consumer, points to a strong second quarter for...
WHO rejects plant-based COVID vaccine
Medicago, a drug manufacturer in Quebec City, Canada, has announced that it is closing down operations. While Health Canada has approved Medicago?s plant-based vaccine, the World Health Organization (WHO) has officially given notice that Medicago?s vaccine will not...
Pork industry still waiting for Supreme Court decision on Prop 12
The United States pork industry is still on hold, waiting for a decision from the Supreme Court regarding its case against California?s Prop 12. The law would try and regulate pork that is imported to California from other states.Tyler Bettin is the director of...
Naig says ?There was no improvement? in Mexico?s corn proposal
The latest chapter in the proposed Mexican ban on GMO corn unfolded last week. The Mexican government says that it will back off on the GMO ban for yellow corn, but will keep it in place for white corn. However, they want to see an open transition to non-GMO yellow...
EPA changes some dicamba cutoff dates for this spring
The Environmental Protection Agency proposed new restrictions on using over-the-top dicamba herbicides in Illinois, Iowa, Indiana, and South Dakota. The label changes say no spraying on dicamba-tolerant soybeans in Iowa, Illinois, and Indiana after June 12 or the V4...
