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ICA responds to announcement on foreign beef imports
The Iowa Cattlemen’s Association President Craig Moss issued the following statement in response to President Trump’s post regarding beef imports: "President Trump's announcement today about importing foreign beef is extremely disappointing to the Iowa Cattlemen’s Association and its members. The President's comments and decisions have created unnecessary market volatility today. The drop in the markets will directly impact their profitability and bottom line, and in turn impacts decisions our...
U.S. Export Sales Report (8-6-26)
This week’s export sales were decent once again and provided some baseline support for the grain markets. Allendale commodity broker Greg McBride gave an update on the latest corn numbers from the USDA. While the soybean sales weren’t bad, McBride said they were...
Iowa farmers urged to act before options disappear
As many farm operations continue working through a challenging economic environment, experts say recognizing financial problems early can make a significant difference. While many producers wait until lenders raise concerns, addressing financial issues sooner can...
Rainfall supports higher yield estimates for Iowa crops
Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...
U.S. bison gains duty-free access to European Union
Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...
Weather forecast keeping pressure on corn and soybean marketplace
While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
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Iowa farmers closely watching August WASDE and crop reports
The August WASDE and crop reports will be published by USDA on Wednesday August 12th and will feature the latest USDA yield estimates and updated acreage numbers. The reports will be published at 11:00 AM central time on Wednesday. Eric Relph of Commstock Investments...
China steps up U.S. soybean purchases ahead of Trump-Xi meeting
China has increased purchases of U.S. soybeans following a May summit between President Donald Trump and Chinese President Xi Jinping, providing a boost for American soybean exporters. The U.S. Department of Agriculture reported China purchased 238,000 metric tons of...
Iowa producers welcome meat export recovery
Although U.S. beef exports were slightly lower in volume in June, export value was higher than a year ago. USMEF President and CEO Dan Halstrom said U.S. beef exports are benefiting from strong demand in countries like Taiwan and parts of Latin America. Growing demand...
Iowa cattle producers can turn calf health into sale-day value
Calves in today’s market are bringing strong prices, but what you put into them only pays off if buyers recognize it. With calves representing a high-value investment, new auction data shows buyers are willing to pay more when calves have a clear health history. Chris...
Boozman: Farm bill work resumes in September
The Senate farm bill remains stalled as lawmakers head into the August recess, with a disagreement over changes to the Supplemental Nutrition Assistance Program continuing to hold up progress. At the center of the dispute are new requirements tied to state SNAP error...
