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Ernst backs Glen Smith, USDA restructuring plan
Another Iowan could soon be stepping into a key USDA leadership role, while the department also looks to reshape how it operates across the country. Senator Joni Ernst says Glen Smith is moving through the confirmation process for a USDA under secretary role, calling him a strong fit because of both his farming background and experience in Washington. Ernst says Smith’s confirmation would give Iowa another voice at the federal level during a period of major changes inside the USDA. She says...
U.S. and Taiwan sign reciprocal trade agreement
Last week, the Office of the U.S. Trade Representative announced the signing of a reciprocal trade agreement between the U.S. and Taiwan. U.S. Meat Export Federation President and CEO Dan Halstrom said the agreement includes significant market access gains for U.S....
NASCAR partnering with POET to use new zero-carbon fuel
As part of a new partnership with POET, NASCAR has become the first major U.S. motorsport to utilize zero-carbon ethanol. This makes POET, which is already the nation’s largest biofuel producer, the Official Biofuel Partner of NASCAR. POET Founder and CEO Jeff Broin...
Full-scale beef herd rebuild remains on hold
Typically, when beef prices are at a high level in the grocery store and herd numbers are low, the response is a rebuilding of supply. Nate Kauffman, the senior vice president and Omaha branch executive for the Kansas City Fed, says the numbers show there should be...
Secretary Naig calls on Congress for year-round E15 access
Today, Iowa Secretary of Agriculture Mike Naig urged the U.S. House of Representatives’ Rural Domestic Energy Council to find agreement to make year-round E15 available to drivers around the country. Secretary Naig, a longtime biofuels advocate, reinforced the...
Iowa farmers face demand gap as production grows
Iowa farmers continue to push productivity higher, but new demand has not kept pace with that growth. Iowa Renewable Fuels Association Executive Director Monte Shaw told members that agriculture is once again facing a familiar challenge: more grain than existing...
Markets continue to look at South America as harvest continues
There were some recent concerns about dry weather in South America, but the current forecast is now showing ideal conditions for their crops. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said soybean...
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Congress will have increased oversight over the president’s latest tariffs
The U.S. Supreme Court recently ruled 6–3 that IEEPA (International Emergency Economic Powers Act) does not authorize the president to impose tariffs. This invalidates all tariffs based solely on IEEPA. Following the ruling the administration pivoted to Section 122...
U.S. farmers turn to specialty crops as profit margins tighten
Some U.S. farmers are turning to specialty crops and alternative enterprises as low commodity prices and high input costs squeeze traditional farm profits. Extension specialists say interest is rising in wine grapes, specialty grains, produce and agritourism ventures....
Signup period for Dairy Margin Coverage Program ends this week
The signup deadline for the Dairy Margin Coverage Program ends on Thursday, February 26. Trey Forsyth, the vice president of government and regulatory affairs for the National Milk Producers Federation, said the DMC has been improved by multiple changes. Forsyth said...
South American Weather and Crop Update (2-24-26)
With all of the uncertainty in the U.S. ag marketplace, South America may be positioned to take some global market share back. Allendale commodity broker Greg McBride said the latest weather forecasts look mostly good for their crops. McBride said harvest progress in...
Naig highlights Iowa results as E15 access grows
As questions continue in Washington about the future of year-round E15, Iowa leaders say the state is already seeing what expanded access can do. From more fuel choices at the pump to stronger demand for corn, Iowa Secretary of Agriculture Mike Naig says Iowa’s...
