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USDA moving to modernize farm loan programs

USDA moving to modernize farm loan programs

The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny Munch, an economist with the American Farm Bureau Federation, said these changes should at least help farmers access the program. While this is a great step towards modernization, Munch said increases still need to be made to farm...

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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...

Iowa farmers experiencing skyrocketing land values

Iowa farmers experiencing skyrocketing land values

Farmland values hit all-time highs this year even as the rate of increase has slowed. Farmers and ranchers have experienced firsthand the ever-increasing value of farmland, and a new analysis lays out those numbers. Danny Munch, an economist with the American Farm...

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