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Costs going higher in 2027

Costs going higher in 2027

USDA's latest Commodity Cost and Returns report shows production expenses are expected to climb for every major crop in 2026 as global energy and fertilizer market disruptions continue to ripple through agriculture. The report follows months of volatility tied to conflict involving Iran and concerns about shipping through the Strait of Hormuz. Higher fertilizer costs are adding pressure to already tight farm margins. The findings mirror a recent American Farm Bureau Federation survey in which...

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Plenty of uncertainty in ag economy heading into 2025

Plenty of uncertainty in ag economy heading into 2025

2024 has been challenging for farmers and the agricultural sector. Dave Widmar, economist and managing partner with Agricultural Economic Insights, said 2024 has been full of twists and turns. Widmar said there have also been changes in the overall U.S. economy. While...

What is the outlook for meat exports in 2025?

What is the outlook for meat exports in 2025?

We have had a solid year, once again, for red meat exports in 2024. Many folks are working hard behind the scenes to sustain and strengthen our existing markets and putting the same efforts into cultivating new trade opportunities around the globe. The U.S. Meat...

Recent rains soaking deep into the soil profile

Recent rains soaking deep into the soil profile

After one of the driest starts in recorded history for October, the end of the month brought plenty of rain. At this point, the weather is now continuing with a wetter pattern. Justin Glisan, state climatologist for Iowa, gave an update on the latest conditions. Since...

Adding value to the U.S. pork industry through innovation

Adding value to the U.S. pork industry through innovation

Research-backed innovation uses technology, consumer trends and cuts to add value to the product. Kevin Sheehan, director of processor engagement at the National Pork Board, said innovation has been very beneficial to the packer side of the industry. Sheehan said...

Tractor manufacturers slow production as demand declines

Tractor manufacturers slow production as demand declines

As farmers struggle with low crop prices, relatively high interest rates and increased input costs, fewer are making big-ticket purchases like tractors, combines and farm implements, resulting in a backlog of inventory across the globe. Machinery manufacturer AGCO has...

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Tepid response to March WASDE report

Expectations were low for the March WASDE report, and those expectations were met almost squarely on the nose. This is typical for the March WASDE report, as the markets are already looking ahead to the reports at the end of the month. Allendale commodity broker Greg...