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Diesel tax relief is appreciated, but costs are still high

Diesel tax relief is appreciated, but costs are still high

Earlier this week, President Trump made an executive order to temporarily allow tax-free dyed diesel to be used on highways and defer the federal diesel tax through the end of the year. While farm groups are welcoming any relief this move could provide, many say the remaining challenge is the skyrocketing cost of fuel itself. Mike Steenhoek, executive director of the Soy Transportation Coalition, said policymakers have limited options when diesel prices climb to such high levels. The Trump...

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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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