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Farm credit conditions weaken across Upper Midwest

Farm credit conditions weaken across Upper Midwest

Financial pressure is building in farm country. The Federal Reserve Bank of Chicago reports that agricultural credit conditions across the Upper Midwest weakened in the second quarter compared with a year ago. Bankers highlight commodity price volatility, high production costs, and tighter cash flow as key challenges. Chicago Fed Policy Advisor David Oppedahl says cash flow issues are causing severe loan repayment problems, hitting an all-time high since 2020. Rather than borrowing to expand...

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South American crops produced a quality growing season

South American crops produced a quality growing season

Brazil’s second corn crop of the year is being harvested now. Dr. Michael Cordonnier of Soybean & Corn Advisor, Inc. says some areas of the country are experiencing more moisture than normal but widespread damage to corn crops has not been reported. Cordonnier...

China soybean demand offers support for U.S. exports

China soybean demand offers support for U.S. exports

Fresh soybean purchases by China are providing some encouragement for U.S. growers. The Wall Street Journal reports Chinese buyers have begun placing new orders for U.S. soybeans currently being planted. USDA officials say they remain optimistic China will meet...

Claw health key to improving sow longevity

Claw health key to improving sow longevity

Claw health may not be the first thing producers think about when evaluating sow performance, but researchers say it can have a significant impact on longevity, productivity, and overall herd performance. Many of the factors that ultimately lead to a sow leaving the...

Changes to Clean Fuel Production Credit can help U.S. farmers

Changes to Clean Fuel Production Credit can help U.S. farmers

Long-awaited updates to the Clean Fuel Production Tax Credit, known as 45Z, have been announced by the Department of Energy. These changes could benefit farmers and ranchers in the future. Brian Glenn, director of government affairs for the American Farm Bureau...

China honoring trade agreement and purchasing U.S. grain

China honoring trade agreement and purchasing U.S. grain

The markets have been trending upward during this shortened trading week. After a rough start to the month, some recent headlines have given the corn and soybeans something to work with. Michael Weidner, director of grain origination and producer strategy at Landus...

June forecast for meat prices

June forecast for meat prices

In the latest livestock, dairy, and poultry outlook from USDA, the Department of Agriculture provides the updated meat price forecasts for this month. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the adjustments for cattle were slight. He says the...

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250 years of agriculture transformed America

250 years of agriculture transformed America

250 years of agriculture has transformed America through innovation and marketing to industrial development and mass production. American agriculture was not just transformed by America, but it helped to transform America says retired Smithsonian Institution curator...

Iowa growers urged to scout for tar spot

Iowa growers urged to scout for tar spot

Tar spot has already been confirmed in nine Iowa counties, and crop protection specialists say its early appearance should have corn growers thinking about disease management well before symptoms become widespread. While much of Iowa's corn crop has benefited from...