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Trade deals only first step for USDA

Trade deals only first step for USDA

As new trade agreements take shape, USDA officials say the next step is making sure those deals translate into real opportunities for U.S. agriculture. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says securing market access is only part of the process when it comes to expanding global demand for American products. Lindberg says once those agreements are in place, the focus shifts to building relationships and connecting U.S. producers with buyers around the...

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U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...

Adjustments to the soybean balance sheets in USDA April WASDE report

Adjustments to the soybean balance sheets in USDA April WASDE report

The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...

Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...

Nutrien programs offer revenue paths for Iowa growers

Nutrien programs offer revenue paths for Iowa growers

Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...

Rural America needs more ag tax professionals

Rural America needs more ag tax professionals

Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...

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No E15, farm aid expected in GOP budget bill

No E15, farm aid expected in GOP budget bill

Year-round E15 and additional farm aid are not expected to be included in a new GOP party-line budget bill. United States Senator Chuck Grassley (R-IA) says that the reconciliation bill will not include relief for farmers. According to Grassley, the White House has...