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Grassley says fluid ag markets help U.S. producers amid China tariffs
As China and the United States engage in a tariff tug of war, China is placing levies on U.S. farm goods and making purchases from America’s competitors. However, U.S. senator Chuck Grassley (R-IA) says some of those losses can be offset. Grassley confirms that China is looking elsewhere for some commodities as its tariffs make commodities from the U.S. more expensive. Grassley referring to the first Trump trade war with China during his first term in office. He goes on to say that if China...
China buying highlights U.S. Weekly Export Sales Report
Even though China recently announced they were going to hold off on buying U.S. grain, the country made some purchases last week that highlighted the latest U.S. Weekly Export Sales Report. Commodities Broker Greg McBride with Allendale broke down the latest U.S....
Is another round of aid coming?
It has been over two months since the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed through the House of Representatives and was signed by President Trump. It has been almost two months since people started seeing economic stimulus funds going into...
Nutrition Coalition urges delay & review of Dietary Guidelines
The Nutrition Coalition alleges there is a serious threat to the integrity and trustworthiness of the nation's federal nutrition policy. The coalition Wednesday released allegations made by one or more members of the Dietary Guidelines Advisory Committee, under the...
Biofuel industry celebrates milestone, seeks additional “clarity and certainty”
U.S. biofuel producers celebrated the one-year anniversary of year-round E15. Emily Skor, Chief Executive Officer of Growth Energy, says it was a milestone worth celebrating.?While we know fuel demand has taken a hit because of COVID-19, we also know more people are...
Iowa Beef Checkoff launches local beef directory
The Iowa Beef Industry Council has launched a local beef directory to connect beef producers with local buyers.The initiative to help local beef producers was created in response to the COVID-19 pandemic ushering in a renewed interest in food security, and the...
Vietnam announces tariff rate reduction on imported pork
Vietnam has reduced its most-favored-nation (MFN) rates for imported pork.The move was made in response to the country?s domestic pork production being heavily impacted by African swine fever. Erin Borror, U.S. Meat Export Federation Economist, explains the recent...
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More Ag News
Opening Market Podcast – Matt Bennett AgMarket.Net 10-15-21
Weekend Ag Matters: October 16th, 2021
On this week's episode:Dustin Hoffmann runs down headlines and visits with Iowa Ag Secretary Mike Naig.Brent Barnett reviews this week's WASDE report.Russ Parker talks about having the right connections.
Administration & USDA taking steps to ease port congestion
We have been hearing more and more about the increasing congestion at U.S. ports. Dozens of container ships are waiting offshore to unload. Trains and trucks are waiting to unload to ships. It is a bottleneck of epic proportions. Hurricane Ida did nothing to help the...
Closing Market Podcast 10-14-2021
Drought conditions continue to improve in Iowa
Iowa saw another week of drought improvement, according to the U.S. Drought Monitor released Thursday morning.Iowa State Climatologist Dr. Justin Glisan says recent rain showers have helped improve dry conditions in the central and eastern parts of the state.?Good...
