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Federal Reserve is concerned about the Iran war’s impact on commodity markets
The war with Iran is causing upheaval in the commodity markets. The early volatility has seen an increase in the price of corn and soybeans, but it has also included sharp setbacks. Even more concerning is the risk presented to U.S. farmers and consumers as the conflict in the Middle East drives energy and fertilizer prices higher. During his press conference on Wednesday, Federal Reserve Chairman Jerome Powell says the impact is concerning. While oil price spikes immediately drove up headline...
Iowa Corn details Corn Congress outcomes
The Iowa Corn Growers Association joined in this year’s National Corn Growers Association Corn Congress and wrapped up with several policy decisions finalized, and others sent back for additional review. ICGA President Mark Mueller says one late development involved a...
BASF introduces new low carbon intensity crops
With current proposed 45Z tax credit framework, common agricultural practices like cover crops, reduced tillage, and nutrient management may impact the carbon intensity (CI) of the crops that are raised as feedstock. However, inconsistent data collection methods,...
USDA Secretary Rollins provides update on U.S.-Mexico border closure
On Thursday at the Commodity Classic farm show in San Antonio Texas, USDA Secretary Brooke Rollins provided an update on the U.S.-Mexico border which remains closed for the importation of cattle from Mexico. Feeder cattle from Mexico remain unable to cross the border...
U.S. Export Sales Report (2-27-26)
For as good as the export sales have been recently- especially for this time of year- they were bound to have a down week eventually. Allendale commodity broker Greg McBride said the corn export sales were weaker this time around. Soybeans saw lower sales as well, but...
Farm incomes drop despite abundant harvests
Farm incomes generally decreased across the Federal Reserve Bank’s Ninth District. That’s according to lenders responding to the fourth quarter Ag Credit Survey by the Minneapolis Fed. Lenders also reported that purchases of capital inputs fell, though farm household...
Iowa Corn pushes farmer voice on tariffs
The Iowa Corn Growers Association took a focused set of priorities to this year’s National Corn Growers Association Corn Congress, with trade policy, nitrogen tools, and access to clean fuel tax credits topping the list. ICGA President Mark Mueller says the...
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CROPLAN Offers Crop Management Advice for Iowa
As Iowa farmers prepare for another growing season, agronomists say planning ahead for disease pressure and crop management decisions can help growers stay ahead of potential problems. Jeff Osterhaus with CROPLAN says many conversations with farmers right now focus on...
Iowa Soybean Association is evolving to face ag industry issues
This year’s Commodity Classic in San Antonio saw a record number of farmers in attendance. In many discussions throughout the event, it was clear that farmers are prepared to give this crop season their all, no matter what challenges they may face. Aaron Putze, chief...
Expanding export markets for U.S. biofuels
Deputy Agriculture Secretary Stephen Vaden is bullish on export opportunities for U.S. produced biofuels. Vaden was a speaker at this year’s USDA Ag Outlook Forum and says the potential for biofuel exports is ever expanding. Vaden says that U.S. biofuels are a key...
SNAP funding debate slows farm bill markup process
The House Ag farm bill markup has entered its second day, but the key stumbling block to a bipartisan bill has now come into sharp focus. The fight over SNAP versus farm programs has kept a new farm bill off the books for at least three years. Republicans got around...
Secretary Naig extends popular cattle and conservation working lands project
Iowa Secretary of Agriculture Mike Naig today announced a three-year extension of the popular, farmer-led Cattle and Conservation Working Lands Project. The extension renews program agreements in Taylor, Page, Carroll, Cherokee, Guthrie, and Ida counties through...
