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Strong soybean yields meet steep quality discounts

Strong soybean yields meet steep quality discounts

Soybean producers across the country, including here in Iowa, are dealing with quality discounts that are cutting into the value of their crops despite strong yields in many areas. While discolored soybeans have received much of the attention, concerns over test weight and foreign material are also affecting what farmers receive for their bushels. The severity of those discounts varies by region, but they are adding another challenge for producers already dealing with pressure in the soybean...

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Corn prices rally despite lack of news headlines

Corn prices rally despite lack of news headlines

After a few very busy weeks of market news, this week has been much slower. As a result, the markets haven’t had much to trade on so far. Bill Moore of PRICE Futures Group said both the corn and soybeans have been very oversold. Moore said the markets may be...

Cattle demand remains strong despite tight supplies

Cattle demand remains strong despite tight supplies

Strong consumer demand continues to support the cattle market, even as producers manage historically small herd numbers and tighter supplies. Ethan Lane with the National Cattlemen's Beef Association said demand remains one of the brightest spots in agriculture today....

New active ingredients face long road to farmers

New active ingredients face long road to farmers

Uncertainty brings problems for everyone in agriculture that is trying to build long-term plans and make long-term decisions. In the case of companies that are trying to bring new active ingredients to market and give farmers new tools to battle weeds, pests, and...

Groups react to the EPA reallocation proposal

Groups react to the EPA reallocation proposal

The Environmental Protection Agency is proposing to restore 100 percent of renewable fuel volumes waived through small refinery exemptions under the Renewable Fuel Standard, a move welcomed by corn and soybean farmers. The proposal would reallocate volumes waived for...

Beef on dairy success brings unexpected market challenges

Beef on dairy success brings unexpected market challenges

The dairy industry is facing an unusual situation. Demand for dairy products remains strong, exports continue to grow, and consumers are increasingly looking for high-protein foods. However, abundant milk supplies are putting pressure on cheese prices. Surprisingly,...

AFBF applauds diesel price relief

AFBF applauds diesel price relief

The White House announced an aid package to help farmers battle the high cost of diesel. The Trump administration announced it will provide $8 billion in relief for farmers getting squeezed during harvest by the high price of diesel fuel. John Newton, vice president...

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