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June WASDE report overshadowed in commodity markets by EPA news
This month’s WASDE report was mostly neutral, which is what we usually expect from the USDA at this time of year. More will be revealed about the status of this year’s crop at the end of the month. Allendale commodity broker Greg McBride said the old crop corn ending stocks saw a modest increase. With the lack of action in the soybean exports, McBride said there was no change in the June WASDE. McBride explained why we usually see modest changes in the June WASDE report. Much of the pressure...
Farm Futures survey shows farmers planting more corn in 2021
A new survey from Farm Futures shows that U.S. corn producers will increase their acreage by 4.1 percent compared to last year. The projected total is 94.7 million acres of corn this year. If farmers reach that number, that will put 2021 corn acreage at its...
Agricultural organizations focus on impending Farm Bill
Agricultural organizations have started to compile their "wish lists" for the upcoming farm bill.The House and Senate Agriculture Committees will soon begin work on the key agriculture and nutrition legislation, which is anticipated by 2023.Early interests range from...
Biofuels reduce carbon emissions by almost 1 billion tonnes
Since President Biden took office, there has been a lot of talk on environmental issues and agriculture is looking at the roles they can play to help them do good by mother nature. One of the ways that have long been a benefit is the use of biofuels. While the...
NPB provides international marketing strategy update
After a record-breaking year for U.S. pork in 2020, the National Pork Board will continue to seek opportunities to diversify pork exports in 2021. In a webinar last week, National Pork Board director of international marketing Dr. Clay Eastwood shared an update on the...
Brazil harvest delays mean more opportunity for U.S. exports
Brazil, the world?s number one soybean producer, is experiencing delays in its early soybean harvest. That?s causing some of the biggest buyers like China to rely on rival exporters like the U.S. for a longer period than usual in early 2021. Continuing demand for...
ICA to hold cattle producer forums in March
The Iowa Cattlemen?s Association is holding a series of in-person cattle producer forums next month. According to Iowa Cattlemen?s Association CEO Matt Deppe, these free local events provide farmers an opportunity for networking and to learn different ways to improve...
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Iowa Central students receive top honors at Student Taste competition
The Iowa Pork Producers Association (IPPA) challenged 11 teams of Iowa students to get creative with ground pork at their annual Student Taste competition, which took place at the Iowa Culinary Institute on the campus of the Des Moines Area Community College in...
Closing Market Podcast 3-23-2022
GUEST: Jack Scoville, PRICE Futures Group
2023 Farm Bill wish lists & concerns coming from Senate Ag leaders
Even though the ground hasn?t been broken on the 2022 crop year in Iowa, there is a lot of concern about the 2023 Farm Bill. Debates and wish lists are already being compared for this all-important piece of legislation that deals with agriculture and food policy in...
Opening Market Podcast – Jim McCormick AgMarket.Net 3-23-22
The markets are starting stronger this morning. Jim McCormick of AgMarket.Net talks about what is affecting the grain and cattle markets. He also discusses their estimates for the Upcoming Planting Intentions Report from USDA.
Grassley urges immediate action to lower fertilizer costs
Iowa Senator Chuck Grassley is urging the Biden administration to take immediate action to bring down fertilizer costs for farmers.During his weekly call with farmer reporters Tuesday, Grassley said he?s joining many of his Senate colleagues in pleading the...
