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Ag economy barometer drops in May
The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said caution is also showing up in investment behavior. Breakeven prices are expected to climb in 2026. About two-thirds of producers in the survey say they expect war in Iran to impact their bottom lines this...
Grassley discusses consequences of no new five-year farm bill
As frustrations continue to mount over partisan farm bill gridlock in Washington D.C., ag advocates and groups are voicing their concerns. If there is no agreement on a new five-year farm bill this year, another one-year extension of the 2018 farm bill will again take...
Pork industry fuels jobs and the economy
The National Pork Producers Council released a new economic contribution report detailing the significant impact America’s pig farmers have on the United States agricultural and overall economy. The report highlights the pork industry’s value chain contributions and...
Iowa on a record pace for wetland development in 2024
Yesterday, we talked with Iowa Ag Secretary Mike Naig about how conservation practices have been holding up with some of the near-historic flooding we are seeing along Iowa’s northern tier. He talked about a few great stories but highlighted how wetlands above the...
South American Weather and Crop Update (7-23-24)
Once again, there is very little that is different when it comes to the weather down in South America, as the dry weather has stuck around. Allendale commodity broker Greg McBride gave an update on the latest weather conditions. That dry weather is still allowing...
Mitigating nitrogen loss with a no-burn nitrogen solution
The weather in Iowa this growing season has been unpredictable to say the least. With tornadoes, heavy rainfall and flooding, and even a derecho crossing the state, Iowa has dealt with numerous significant weather issues that bring unique challenges for farmers. With...
Obstacles remain for red meat exports to Canada
Canada is a top five destination for both U.S. beef and pork exports, but shipments are sometimes slowed by regulatory issues. The transition to the Public Health Information System (PHIS) was supposed to simplify this process, but that has obviously not been the case...
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John Deere pleased with S7 combine performance this year
At Commodity Classic in March, we talked to Bergen Nelson at John Deere about their new S7 combines. These combines take the technology of the X9 and bring it to a smaller scale for smaller farming operations. Now, this fall, we have caught up with Bergen for his...
CLAAS innovating its forage technology to celebrate 50 years
This year marks 50 years of the CLAAS JAGUAR forage harvester, and they have spent the year celebrating by continuing to innovate. Next year will bring even more improvements, with an earlage adapter and an enhanced chopping drum. Daryl Theis, head of sales and...
How long will this time of low crop profit margins continue?
USDA is projecting that 2024 will be the second straight year of falling crop prices and slim profits. How long should farmers expect this trend to continue? USDA Chief economist Seth Meyer says that to break out of this negative pattern, the United States ag markets...
John Deere announces more Iowa layoffs
John Deere has another round of layoffs scheduled at its plant in Iowa. The facility in Waterloo Works, Iowa, is the company’s largest plant. The state’s Worker Adjustment and Retraining Notification, or WARN, website says the company will lay off more than 100...
House hearing focuses on improper labeling of dairy products
The Food and Drug Administration performs the critical task of providing consumers with clear nutritional information by enforcing labeling standards, but there is still work to be done on the misuse of terms on labels. Wisconsin Senator Tammy Baldwin said she’s...
