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Market effects of screwworm remain unclear
The discovery of New World Screwworm cases in Texas has prompted a series of restrictions on cattle movement, creating new questions about potential impacts on livestock markets. While animal health officials remain focused on containing the pest and preventing further spread, economists are also examining what those restrictions could mean for producers and cattle buyers. Some states have limited the importation of cattle originating from Texas, and both Canada and Mexico have announced...
November WASDE looks mostly friendly for corn and beans
This busy news week is wrapping up with the November World Agricultural Supply and Demand Estimates (WASDE) report. While concerns over tariffs still remain, the ag marketplace has not adjusted sharply in either direction. Allendale commodity broker Greg McBride said...
Farmers need relief from economic conditions and natural disasters
A trifecta of natural disasters, high input costs, and poor economic conditions has made the last year difficult for farmers and ranchers. Betty Resnick, an economist for the American Farm Bureau Federation, says there is some relief on the way, but more is needed....
Biofuels industry hopes for year-round E15, improved 45z tax rule
The biofuels industry is beginning to look ahead to 2025 and the new administration taking over leadership in Washington D.C. Renewable Fuels Association Senior Vice-President for Government and Public Affairs Troy Bredenkamp says President-elect Trump has a record on...
Speculation starts on next Ag Secretary
Speculation has already begun on who the next Secretary of Agriculture will be when Donald Trump returns to the White House in January. Successful Farming says Texas Ag Commissioner Sid Miller, former ambassador Kip Tom, and Ted McKinney of NASDA are among a handful...
Canada reacts to the election of Trump
We know that during the first Trump administration, an aggressive trade policy was implemented. Tariffs and trade wars were the terms most used during that time. One trade battle was fought with our closest neighbors, Mexico and Canada. The old North American Free...
U.S. Export Sales Report (11-7-24)
Strong export sales were reported again this week by the USDA. The hope is that these sales will continue past the week of the election. Allendale commodity broker Greg McBride gave an update on the latest numbers. Recent flash sales have actually lightened up a...
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Bridgestone Tires: built for the field, ready for the road
As farms continue to expand and spread out, farmers spend more time on the road traveling between fields. This means their equipment needs to handle both the demands of fieldwork and the increased wear of highway miles. Durable, high-performing tires are essential to...
U.S. Export Sales Report (3-6-25)
Despite the tariff news weighing in on the ag marketplace, the export sales this week came withing expectations, which is better than what we have been seeing recently. Allendale commodity broker Greg McBride said it was a great week for corn. While the soybean...
Ag economy has been trending below growth neutral
A monthly survey of bank CEOs in 10 Midwestern states shows a dismal outlook. The report shows the February score fell to 38 on a zero to 100 scale, where 50 is growth neutral. This is the seventeenth time the score has been below growth neutral in the past eighteen...
Cattlemen waiting to see the impact of tariffs on bottom lines
As the tariff back-and-forth continues between the United States and some of its most important ag trade partners various ag groups are intently watching for the effects on producers’ bottom lines. Buck Wehrbein, president of the National Cattlemen’s Beef Association,...
Nominate a conservation leader for the Iowa Farm Environmental Leader Award
Gov. Kim Reynolds, Secretary of Agriculture Mike Naig and Department of Natural Resources Director Kayla Lyon invite Iowans to nominate individuals or families who are conservation leaders in their community for the 2025 Iowa Farm Environmental Leader Award. The award...
