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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...
Grassley discusses E15 vote in the House
The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...
DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are...
Western drought intensifies despite Midwest rainfall
Recent rainfall across Iowa and much of the eastern Midwest has helped improve soil moisture conditions heading into the growing season, but USDA Chief Meteorologist Brad Rippey says many areas farther west continue battling intensifying drought conditions. Speaking...
TQA certification promotes efficient and safe animal handling
Transport Quality Assurance®, or TQA, focuses on practical, real-world skills that help handlers and drivers move pigs humanely and efficiently. Stephanie Wetter with the National Pork Board says the program is updated every three years to ensure continuous...
Grassley sows doubt on farm bill’s Senate prospects
The U.S. House of Representatives passed its version of the farm bill on April 30th by a 224–200 vote. With passage through the House, this is the furthest a farm bill has advanced since 2018. However, despite passage in the House, the farm bill still has a long way...
U.S. red meat exports were strong in March
March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...
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Younger consumers continue to cook more pork
Demand for ground pork continues to grow, driven by its versatility in the kitchen and its role as a gateway protein for younger consumers learning to cook with pork. Gen Z and millennial consumers are leading in both purchase frequency and annual spending. Neal Hull,...
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...
