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USDA funding expanded opportunities for overseas markets
The USDA is allocating $300 million to 66 organizations under the new Regional Agricultural Promotion Program (RAPP). Ag Secretary Tom Vilsack said the agency launched RAPP in October 2023 to expand marketing opportunities overseas for American agricultural commodities. Vilsack said there are many opportunities to take advantage of in other countries. Senator Debbie Stabenow, chair of the Senate Ag Committee, said expanding markets is a win for everyone. The initial round of RAPP funding will...
Growth Energy CEO Skor gives Ethanol policy update
The news around the ethanol industry has been hopping for the past months. Whether it has been the EPA finally granting eight midwestern states to sell E15 year-round starting in 2025, yet another E15 emergency waiver, or the discussions over Sustainable Aviation Fuel...
New breakthrough in the battle against corn tar spot
This week Bayer Crop Science announced a new breakthrough in the battle against tar spot. Bayer researchers have developed a method to artificially inoculate tar spot in Bayer field test plots. This will give Bayer Crop Science a leg up in better understanding tar...
Governor signs bill to increase critical renewable fuel infrastructure funds
The Iowa Biodiesel Board and the Iowa Soybean Association commended Governor Kim Reynolds and the state legislature for their decisive action in boosting funding for renewable fuels infrastructure. Reynolds signed legislation today that marks another significant step...
May WASDE still conservative with changes to crops
While the markets reacted positively, the May WASDE report wasn’t exactly bullish. In the case of corn, Allendale commodity broker Greg McBride said the numbers just weren't bearish. McBride said things were more obviously bearish on the soybean side of the report....
With rain delays, farmers considering delayed planting and replanting
With few workable planting days due to the rain, farmers are considering what they might have to do to make sure the crop gets planted and still performs well. This could include strategies like delayed planting or even replanting. Nate Meyer, southwest Iowa field...
Ernst critical of Biden Administration’s ag trade message
Many of you who have children or are kids at heart have probably seen the original Lego Movie®. It was a neat little story about overcoming adversity and learning the value of teamwork. The movie produced a well-known song that entered the pop culture lexicon for a...
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Benson Hill incorporating soybean meal into broiler chicken feed
Benson Hill recently conducted a feeding trial with Perdue Farms to showcase the ability of soybean meal to reduce feed costs while maintaining performance when used in the diets of broiler chickens. The soybean meal in this study was derived from Benson Hill’s...
South American Weather and Crop Update (5-14-24)
A mix of moisture is still sitting over South America. Some regions are dry, and some are getting too much rain. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. CONAB just released its updated crop projections for Brazil and...
Iowa crop progress and condition report
Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...
NK soybeans striving for “versatility and consistency” in 2024
Each year more Midwestern farmers are adopting the practice of early soybean planting. When conditions allow for early planting, farmers are opting to plant soybeans earlier in the hopes of eventual increased yields. However, during a tricky planting season like the...
Ernst discusses latest biofuels developments
Yesterday, we shared the thoughts of Growth Energy’s Emily Skor about the state of things in the ethanol sector. One of the things that she mentioned she was most concerned about was what she perceived to be the waning support of lawmakers to find a permanent solution...