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Proposed biofuels volumes bring optimism to Iowa
The biofuels industry has faced a rough stretch in recent years, with uncertainty and setbacks taking a toll not just on producers but on the entire agricultural economy. Blending decisions made under the previous administration led to the closure of several ethanol and biodiesel plants across Iowa, the nation’s leading biofuels producer. Those closures hit rural communities hard and weakened demand for corn and soybean oil. But last week’s announcement from the EPA on new Renewable Volume...
Iowa corn planting two weeks ahead of 5-year average
Iowa Ag Secretary Mike Naig says many farmers in the state wrapped up planting over the last week.As of Sunday, the weekly Crop Progress Report shows planting of Iowa?s expected corn crop nearly complete at 97%, two weeks ahead of the five-year average. Corn emergence...
Drama over the KCS continues
Last week, we talked about the competing bids from the Canadian National Railway (CN) and The Canadian Pacific Railroad (CP) for the Kansas City Southern Railroad (KCS). The KCS is up for sale and the only class 1 railroad in the United States that has operations in...
Grassley introduces legislation to support biodiesel industry
Iowa Senator Chuck Grassley and Democratic Senator Maria Cantwell of Washington have introduced legislation that would support the biodiesel industry.In his weekly conference call with farm reporters Tuesday morning, Senator Grassley said the bipartisan Biodiesel Tax...
USTR begins USMCA dispute panel on dairy trade with Canada
U.S. Trade Representative Katherine Tai Tuesday announced the U.S. has requested and established a dispute settlement panel under the United States-Mexico-Canada Agreement (USMCA) regarding dairy trade. The request seeks to review measures adopted by Canada that...
Mother of 4-H, Jessie Field Shambaugh, honored in Clarinda
The U.S. Post Office building in the southwest Iowa community of Clarinda has been renamed after Jessie Field Shambaugh, who is known as the ?Mother of 4-H.?At a special ceremony on Monday, officials from the Postal Service, Iowa Third District Congresswoman Cindy...
Reynolds signs broadband expansion bill
Iowa Governor Kim Reynolds has signed a bill that will help expand broadband access across the state.Governor Reynolds signed HF 867 into law on Monday, which includes a $100 million appropriation for the Empower Rural Iowa Broadband Grand Fund. Back in January,...
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More Ag News
Closing Market Podcast- Bill Moore PRICE Futures Group- 5-23-22
The markets were a mixed bag today. #Wheat is up big, #corn is seeing slight gains, and #soybeans are in the red. Riley Smith talks with Bill Moore of PRICE Futures Group.
Agronomy Week celebrates connection between farming and baseball
Now in its sixth year, Agronomy Week recognizes the important role played by agronomists, seed dealers and other crop professionals in helping farmers maximize performance in the field. All farmers, regardless of the seed brand they plant, are invited to participate...
Tightening stock numbers have markets concerned
It feels like we have the words ?tight stocks? on a recorded loop every week when we talk to analysts. The truth of the matter is there are concerns about having enough supply to feed the world. These concerns are being fueled by weather and geopolitical factors.The...
Ukraine exports are complicated by many factors
Not only is the invasion of Ukraine by Russia causing severe problems for the people there and the cities they live in, but there are also problems with the exports of Ukrainian goods. We have heard stories about the damage to port facilities, railroads, and the...
Opening Market Podcast – Greg McBride Allendale 5-23-22
Greg McBride talks about the last Friday's Cattle on Feed Report and President Biden's visit to Asia.
