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Farmers hit hardest by high transportation costs

Farmers hit hardest by high transportation costs

The impact of higher fuel prices goes beyond just what farmers pay to plant and harvest a crop. These prices are also driving up transportation costs throughout the supply chain. Mike Steenhoek, Executive Director of the Soy Transportation Coalition, said that includes rail freight fuel surcharges that can ultimately impact farmers' bottom lines. Steenhoek said those fuel surcharges have climbed dramatically over the past year. As a result, Steenhoek said farmers often end up carrying much of...

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New U.S. ammonia plant will increase domestic production

New U.S. ammonia plant will increase domestic production

Fertilizer prices and availability have been a major pain point for U.S. producers for several years. A major factor that contributes to that pressure is fact that the U.S. imports about 50 percent of the 20 million tons of the fertilizer farmers across the country...

RMA changes offer farmers added financial flexibility

RMA changes offer farmers added financial flexibility

Farmers will have some additional flexibility in the federal crop insurance program following two recent changes announced by USDA’s Risk Management Agency. RMA Administrator Pat Swanson, who is also an Iowa farmer, says one of those changes is the return of the...

Historic grain price rallies have defined this August

Historic grain price rallies have defined this August

Contrary to what we would normally expect, there has been a lot of market action this month. As we approach harvest season, there’s a legitimate chance that farmers might see price rallies that warrant some serious grain selling conversations. Michael Weidner,...

New agricultural innovations highlight Farm Progress Show

New agricultural innovations highlight Farm Progress Show

The Farm Progress Show is back in Boone Iowa this year and will take place next week September 1st-3rd. The Farm Progress Show is the largest outdoor farm show in the country and brings tens of thousands of people to central Iowa. In addition to drawing in showgoers...

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