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Federal Reserve is concerned about the Iran war’s impact on commodity markets
The war with Iran is causing upheaval in the commodity markets. The early volatility has seen an increase in the price of corn and soybeans, but it has also included sharp setbacks. Even more concerning is the risk presented to U.S. farmers and consumers as the conflict in the Middle East drives energy and fertilizer prices higher. During his press conference on Wednesday, Federal Reserve Chairman Jerome Powell says the impact is concerning. While oil price spikes immediately drove up headline...
Stalled renewable fuels growth risks Iowa rural economy
Renewable fuels have been one of the most important demand drivers for Iowa agriculture over the past two decades, helping farmers absorb growing productivity while supporting jobs and investment in rural communities. But industry leaders say that momentum has...
ISA reacts to 45z tax credit news
The soybean markets have seen a ton of support this week, mostly due to the announcement of 45z tax credit guidelines. Soybean farmers across the country have been waiting for this announcement for far too long, and now there is finally a light at the end of the...
USDA Farm Income Forecast is lower for 2026
USDA released the first farm income projections for 2026. Carrie Litkowski, a senior economist with the USDA’s Economic Research Service, said the income forecast is lower this year. Litkowski said there are several notable increases in the forecast as well. For more...
Tracking the price movement in the cattle complex this week
It was a week of ups and downs in the ag marketplace for cattle this week. Two headline stories sent prices down midweek before a recovery on Friday to end the week. Joe Camp of Commstock Investments tells the Iowa Agribusiness Radio Network about one of the news...
Former ag leaders warn of farm economy in crisis
A bipartisan group of former leaders of America’s major agricultural commodity organizations and biofuels organizations, farmer leaders, and former USDA officials issued a stark warning to Congress and the Trump administration. In a letter, they outlined the...
At Renewable Fuels Summit, Reynolds looks back and ahead
Iowa Governor Kim Reynolds addressed industry leaders at the Iowa Renewable Fuels Summit this week, highlighting Iowa’s long-standing leadership in renewable fuels and the policy work that helped build the industry into a national force. Reynolds focused on market...
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Doubts around year-round E15 linger
Agreement on legislation to allow year-round E15 sales continued to elude farm and oil interests despite a Sunday deadline. A draft plan by the House GOP’s Rural Domestic Energy Council failed to win support by the weekend from mid-sized oil refiners who killed...
U.S. and Taiwan sign reciprocal trade agreement
Last week, the Office of the U.S. Trade Representative announced the signing of a reciprocal trade agreement between the U.S. and Taiwan. U.S. Meat Export Federation President and CEO Dan Halstrom said the agreement includes significant market access gains for U.S....
NASCAR partnering with POET to use new zero-carbon fuel
As part of a new partnership with POET, NASCAR has become the first major U.S. motorsport to utilize zero-carbon ethanol. This makes POET, which is already the nation’s largest biofuel producer, the Official Biofuel Partner of NASCAR. POET Founder and CEO Jeff Broin...
Full-scale beef herd rebuild remains on hold
Typically, when beef prices are at a high level in the grocery store and herd numbers are low, the response is a rebuilding of supply. Nate Kauffman, the senior vice president and Omaha branch executive for the Kansas City Fed, says the numbers show there should be...
Secretary Naig calls on Congress for year-round E15 access
Today, Iowa Secretary of Agriculture Mike Naig urged the U.S. House of Representatives’ Rural Domestic Energy Council to find agreement to make year-round E15 available to drivers around the country. Secretary Naig, a longtime biofuels advocate, reinforced the...
