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Ag trade deficit hit another record high in July

Ag trade deficit hit another record high in July

The U.S. agricultural trade deficit widened further in July, highlighting the challenge facing President Donald Trump as he vows to reverse the trend. Agricultural exports lagged imports by $4.97 billion in July, a gap 9% wider than a year earlier and the largest on record for the month. That pushed the sector’s deficit to an unprecedented $33.6 billion for the first seven months of the year, according to data released Monday by the U.S. Department of Agriculture. The widening farm trade gap...

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Iowa’s young exhibitors show agriculture’s future is strong

Iowa’s young exhibitors show agriculture’s future is strong

Each year at the Iowa State Fair, the Governor’s Charity Steer Show draws crowds eager to see outstanding cattle and the young people who raise them. The event pairs youth exhibitors with celebrities and other Iowa leaders, all in support of the Ronald McDonald House...

August WASDE threw a curveball at the corn markets

August WASDE threw a curveball at the corn markets

With trade uncertainty on the minds of many farmers, the USDA threw the corn market a curveball. The August WASDE report gave farmers and ranchers across the country an interesting look into how production might look this fall. Faith Parum, an economist with the...

Crops are promising, but yields need to be protected

Crops are promising, but yields need to be protected

The recent WASDE report from the USDA confirmed that this year’s crops have great potential. Now, it’s important for farmers to keep a close eye on their crops and do whatever they can to realize those potential yields. Kurt Maertens, BASF technical service...

Corn yield estimate will affect local basis levels

Corn yield estimate will affect local basis levels

On Tuesday, USDA published the August WASDE report with a corn yield estimate of 188.8 bu. That number was well above the trade guesses going into the report and signifies the potential for a massive crop. That is Naomi Blohm of Total Farm Marketing who says that the...

Iowa producers urge action on farm bill & trade

Iowa producers urge action on farm bill & trade

In yesterday’s coverage, we noted the wide range of policy issues weighing on Iowa farmers. Today’s focus narrows to two of the most immediate priorities: passing a comprehensive farm bill and addressing ongoing trade challenges. While the Reconciliation Bill approved...

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