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Concerns rising as U.S. oil reserves decline
While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China, which, over the past couple of months, reduced its import consumption dramatically, falling from 11 million barrels of oil a day before the war to a little over nine million barrels in April. DeHaan added that those numbers could drop...
Fertilizer price probe opens as farm margins tighten
The Federal Trade Commission has opened an industrywide investigation into fertilizer prices after sharp increases during spring planting. Reuters reported that FTC Chairman Andrew Ferguson said the agency is using civil investigative demands to gather documents and...
USMEF says African Growth and Opportunity Act could help create trade access
The Africa Growth and Opportunities Act (AGOA), which was created to incentivize two-way trade between the U.S. and sub-Saharan African countries, allows the president to offer duty-free access to certain nations. However, some of the countries benefitting from AGOA...
Interior official highlights ranchers’ stewardship role
When I was in Washington, D.C. recently, I had the opportunity to speak with Karen Budd-Falen, Associate Deputy Secretary at the Department of the Interior, about several issues affecting western livestock producers. One topic that generated significant discussion was...
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...
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Interior seeks flexibility on predator management
When I visited Washington, D.C. recently, I had the opportunity to speak with Karen Budd-Falen, Associate Deputy Secretary at the Department of the Interior, about several wildlife management issues affecting western ranchers. Among the topics discussed were wolves...
Rollins confirms NWS detection 25 miles from U.S.-Mexico border
Today, USDA Secretary Brooke Rollins held a press conference with the media to provide a full update on the New World Screwworm (NWS) situation and clear up some misleading headlines that have been circulating. There was a lot of concern building over an alleged...
Top considerations when planning a calving barn
As attention to livestock production intensifies, producers continue to evaluate the benefits of calving barns for enhancing both livestock management and operational efficiency, according to Dennis Lee, farm product line manager for Morton Buildings. Lee cites...
Examining demand concerns heading into the summer grilling season
Memorial Day marks the unofficial start to the summer grilling season and with the grills firing up around the country questions about meat demand are lingering. With meat prices at the store at lofty levels and beef prices reaching record highs, will consumers have...
Trump cuts tariffs on ag equipment to 15 percent
President Donald Trump has announced tariff reductions on certain agricultural and industrial equipment, a move that could help ease some cost pressures facing farmers and machinery dealers. Under a new proclamation, tariffs on products like harvesters, bulldozers,...
