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Lower supplies, higher prices in latest USDA beef outlook
Recent trends within the industry have continued in the latest USDA beef production and price forecasts as part of the July meat outlook. USDA World Agricultural Outlook Board Chair Mark Jekanowski says with another month of tightening supplies, the projected steer prices are on the rise. Jekanowski explains that lower numbers in the steer and heifer slaughter for this month have lowered the beef production forecast. That was USDA World Agricultural Outlook Board Chair Mark...
Major progress on beef trade at U.S.-China summit
On Friday, May 15, China’s General Administration of Customs (GACC) granted a five-year registration extension to 425 overdue U.S. beef establishments in China’s Food Import Food Establishment (CIFER) system – a critical step toward restoring market access for U.S....
NWS cases less than 100 miles from U.S. border
There are over 1,800 active cases of the New World Screwworm in Mexico, and 15 of those cases are now less than 100 miles from the U.S. border. Rear Admiral Michael Schroyer, the associate administrator of the Animal and Plant Health Inspection Service, says that...
China agrees to $17 billion in ag purchases
China has agreed to purchase at least $17 billion in U.S. agricultural products annually through 2028. That’s according to a White House fact sheet released Sunday following President Donald Trump’s visit to Beijing. The agreement came after meetings between Trump and...
USDA watching western drought, Midwest summer outlook
Summer weather patterns remain difficult to predict heading into the heart of the growing season, but USDA Chief Meteorologist Brad Rippey says current forecast models continue pointing toward ongoing drought concerns across much of the western United States. Speaking...
Recapping a volatile week in the grain markets
President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between...
Stay prepared for natural disasters in farm country
Here in Iowa, tornadoes and other severe weather storms can decimate an area in no time. The same is true for much of the country- in fact, data shows that 90% of US counties have experienced a flood, hurricane, wildfire, or other calamity serious enough to receive a...
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Grain markets could see another price rally in June
After making recent highs, the corn and soybeans prices have been somewhat in the red, leading some farmers to wonder if they missed out on potential profits. However, they may have another chance to take advantage of a price rally. Micheal Weidner, director of grain...
U.S. Export Sales Report (5-29-26)
This week’s export sales were on the lower end for both corn and soybeans. However, Allendale commodity broker Greg McBride said the corn sales are still at elevated levels. McBride said that the soybean sales, on the other hand, are still lagging behind. McBride said...
Domestic food trade shows open foreign market opportunities
A recent food trade show in Chicago illustrates the importance of such events in promoting U.S. farm and food goods to customers from across the globe. USDA Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg says that there are other ways to...
Four Iowans to be honored at the 10th annual Ag Leadership Conference
Iowa State University Extension and Outreach’s Ag Management and Leadership Program is now accepting nominations for the annual Iowans Impacting Agriculture recognition. This award celebrates individuals who have made significant contributions to Iowa’s agricultural...
Farm Bureau focuses on farm economy beyond Farm Bill
During NAFB Washington Watch in Washington, D.C., much of the discussion centered on the Farm Bill and whether the House would finally move legislation forward. But according to the American Farm Bureau Federation, the broader concern extends beyond any single bill...
