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Farmers aren’t getting extra profits from high grocery prices
Farm income across the country is not keeping up with the rising costs of groceries. Many consumers also don’t realize that higher prices don’t lead to greater farm profits, especially since farmers are also paying for groceries themselves. Terri Moore, vice president of communications for the American Farm Bureau Federation, said farmers only receive a very small share of each dollar spent on food. Moore said there are concerns that consumers think farmers are getting rich off of the high...
China’s ag purchase pledge back in spotlight ahead of Trump-Xi meeting
President Donald Trump and President Xi Jinping of China are set to meet Thursday September 24th in Washington D.C. Jim McCormick, co-founder of AgMarket.net, says that the agriculture industry will be closely following the meeting to determine what agriculture topics...
Oil prices move lower in response to peace talk rumors
After weeks of steady improvement, oil prices traded lower to start this week as they were down 4-5% in Monday’s trading action. Patrick DeHaan, senior petroleum analyst at Gasbuddy.com, said the markets are likely hopeful that the Trump administration is going to...
Naig warns against rushing fall applications
Recent rains have delayed harvest across Iowa, but the wet conditions are also putting more attention on water quality and how farmers manage nutrients and conservation practices heading into the fall. Iowa Secretary of Agriculture Mike Naig says the recent rainfall...
USDA moving to modernize farm loan programs
The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny...
ARC and PLC enrollment underway
Enrollment is open now for acreage in the ARC or PLC safety net programs. USDA Farm Production Undersecretary Richard Fordyce says enrollment is open through early December for farmers to choose either program. Fordyce explains the ARC safety net program. He says that...
South American Weather and Crop Update (9-22-26)
As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...
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Iowa farmers juggle two crop year decisions
Iowa farmers will soon find themselves making ARC and PLC decisions for two different crop years at nearly the same time. As we reported Tuesday, USDA has opened an unusual enrollment period for the 2026 crop that runs through December 11. That signup was delayed as...
AFBF study shows ineffectiveness of U.S. beef import plan
Roughly one month after the Trump administration announced its plan to import beef in an effort to combat high prices at the grocery store, data is showing that prices have not been significantly lowered. New analysis shows that the plan to lower tariffs on imported...
South American Weather and Crop Update (9-29-26)
As the Americas prepare to face what is being called a “super El Niño,” farmers in Brazil and Argentina are moving along with planting season for the next crop. While there is a significant chance for excessive, damaging rains, Allendale commodity broker Greg McBride...
Beef prices and herd retention decisions
With turbulent cattle markets due to beef imports and the southern border with Mexico reopening for cattle imports cattle producers have a lot to think about when making decisions for the future of the herd. Will cattle ranchers and farmers make plans for starting the...
Fordyce explains unusual ARC and PLC signup
Persistent rain has kept combines parked across much of Iowa, leaving farmers waiting for fields to dry out and harvest to get moving. While they wait, there is another decision to make involving the 2026 crop. USDA has opened enrollment for the Agriculture Risk...
