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Bankruptcy filings signal ongoing farm financial stress

Bankruptcy filings signal ongoing farm financial stress

Farm bankruptcies across the country remain at levels not seen since the disruptions of the COVID era, and legal experts say that should concern producers and lenders alike. While the pace of filings this year is similar to last year, that does not mean the farm economy is in the clear. Austin Peiffer, an attorney with Ag and Business Legal Strategies in Hiawatha, says the numbers remain elevated compared to historical norms. The American Farm Bureau Federation reports there were at least 158...

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AFBF highlights gaps in Dairy Margin Coverage Program

AFBF highlights gaps in Dairy Margin Coverage Program

The Dairy Margin Coverage Program is a farm safety net program that helps U.S. dairy farmers manage risk when the gap between milk prices and feed costs shrinks. Danny Munch, an economist with the American Farm Bureau Federation, said the program has been a big help...

Grassley sees several Senate pathways for year-round E15

Grassley sees several Senate pathways for year-round E15

United States Senator Chuck Grassley (R-IA) says there are several avenues for year-round E15 to pass in the Senate. Grassley says the freestanding House-passed E15 bill needs to be attached to another piece of legislation to make its way through the Senate. Senator...

Naig urges Senate action on Farm Bill

Naig urges Senate action on Farm Bill

The House has passed its version of the Farm Bill, but Iowa Agriculture Secretary Mike Naig says the focus now turns to the Senate, where the legislation could face a much more difficult path forward. Naig said House passage was an important step toward giving farmers...

News from May Cattle on Feed Report

News from May Cattle on Feed Report

The May Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. Total inventory was up 2% year over year, that was driven in part by a 6% increase in April of cattle placed in...

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