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Full extent of effects of tariffs on ag economy is still unknown
The impact of tariffs on consumers is well known. As we pay more to import certain products, consumers are having to compensate for that by paying more at the register. Things are not so clear when it comes to the effects that tariffs have on exports. We know that things are worse, but it’s difficult to figure out just how much we’re losing. Iowa State University Economist Chad Hart said that makes things tricky. This trade war has opened the door for a country like Brazil to swoop in and take...
USDA Investing $1 Billion in Emergency Food Assistance Program
The USDA says it will be investing up to $1 billion into the Emergency Food Assistance Program to help support and expand the emergency food network.The goal is to help food banks and local organizations serve their communities more reliably when the need arises. USDA...
Get your planters ready for the off-season
Normally we think of getting an implement ready to do work, and that is always a good idea. But just like combines, planters only have a short window of usage time in the growing season. Then it is time to put them back into storage for another year. A year filled...
NCGA releases U.S. Corn Sustainability Report
Farmer-leaders of the National Corn Growers Association have set five environmental national efficiency goals to enhance corn production sustainability in the U.S. by 2030.NCGA on Tuesday released its U.S. Corn Sustainability Report, which documents a long history of...
South American weather and crop update (6-8-2021)
South America is still dealing with extended dry weather.In this week?s South American weather and crop update, Allendale commodity broker Greg McBride says South America is looking at a dry forecast, particularly in Argentina and Brazil.?Well, what we?re looking at...
Corn and soybean re-planting reported in northern Iowa
Some Iowa farmers have had to re-plant their crops due to weather issues.The weekly Crop Progress Report on Monday said many producers in the upper two-thirds of the state re-planted corn and soybeans due to frost damage that occurred in late May. The report also says...
Farm exports projected to break records in 2021
The U.S. Department of Agriculture (USDA) predicts that fiscal year 2021 will be a great year for American farm exports. In the recent quarterly agricultural trade forecast, the USDA said farm exports will total a record-breaking $164 billion, the highest total in...
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More Ag News
Ag still hurting from labor shortages
It is nothing to go around the city and see signs all over asking for help. The Great Resignation has taken the economy by storm. Workers are wanting better wages and better treatment, or they simply will find ways to go into business for themselves. Others believe...
NMPF talks formula shortage and options to move forward
There is a lot of finger-pointing going on when it comes to who is to blame for the infant formula shortage that has hit our nation as of late. The Abbot facility in Michigan was shut sown over product safety concerns, and that has people wanting to blame the...
Governor?s Charity Steer Show kicks off fundraising efforts
Last Friday, the Iowa Beef Industry Council (IBIC), Iowa Cattlemen?s Association (ICA), and the Office of the Governor of Iowa launched its fundraising for the Iowa Governor?s Charity Steer Show (GCSS). It was a nice, sunny day, and several of Iowa?s ag leaders were...
Closing Market Podcast- Bill Moore PRICE Futures Group- 5-31-22
Riley Smith talks with Bill Moore of PRICE Futures Group.
Midday Market Podcast- John Heinberg TFM- 5-31-22
Riley Smith talks with John Heinberg of Total Farm Marketing.
