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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 Prevent Plant 5 buy-up option. The option will allow farmers to purchase an additional five percent of prevented planting coverage beginning with the 2027 crop year. Swanson says prevented planting coverage is already part of the...

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Iowa farmers closely watching August WASDE and crop reports

Iowa farmers closely watching August WASDE and crop reports

The August WASDE and crop reports will be published by USDA on Wednesday August 12th and will feature the latest USDA yield estimates and updated acreage numbers. The reports will be published at 11:00 AM central time on Wednesday. Eric Relph of Commstock Investments...

China steps up U.S. soybean purchases ahead of Trump-Xi meeting

China steps up U.S. soybean purchases ahead of Trump-Xi meeting

China has increased purchases of U.S. soybeans following a May summit between President Donald Trump and Chinese President Xi Jinping, providing a boost for American soybean exporters. The U.S. Department of Agriculture reported China purchased 238,000 metric tons of...

Iowa producers welcome meat export recovery

Iowa producers welcome meat export recovery

Although U.S. beef exports were slightly lower in volume in June, export value was higher than a year ago. USMEF President and CEO Dan Halstrom said U.S. beef exports are benefiting from strong demand in countries like Taiwan and parts of Latin America. Growing demand...

Iowa cattle producers can turn calf health into sale-day value

Iowa cattle producers can turn calf health into sale-day value

Calves in today’s market are bringing strong prices, but what you put into them only pays off if buyers recognize it. With calves representing a high-value investment, new auction data shows buyers are willing to pay more when calves have a clear health history. Chris...

Boozman: Farm bill work resumes in September

Boozman: Farm bill work resumes in September

The Senate farm bill remains stalled as lawmakers head into the August recess, with a disagreement over changes to the Supplemental Nutrition Assistance Program continuing to hold up progress. At the center of the dispute are new requirements tied to state SNAP error...

Prop 12 battle continues as farm bill stalls again

Prop 12 battle continues as farm bill stalls again

Yesterday, the Senate Farm Bill failed to pass out of the Senate Ag Committee after Democrats rejected the Republican proposal in a narrow 10-11 vote. Now, the Farm Bill- and all of its attached legislation- does not have a clear path forward. However, groups like the...

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Major reports can cause sudden market shifts

Major reports can cause sudden market shifts

As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...