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China honoring trade agreement and purchasing U.S. grain
The markets have been trending upward during this shortened trading week. After a rough start to the month, some recent headlines have given the corn and soybeans something to work with. Michael Weidner, director of grain origination and producer strategy at Landus Cooperative, said recent flash sales may be indicating that China will hold up its end of the trade agreement. Weidner said these purchases are a great starting point for the deal, which will continue through harvest this fall....
U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together
The U.S. Meat Export Federation (USMEF) is conducting a U.S. Red Meat Symposium, April 14-17 in Mexico City, which will allow U.S. exporters to meet face-to-face with importers and other prospective customers from throughout Mexico. This is the second edition of the...
Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...
Advisors urge farmers to use tax data for broader financial planning
Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...
Nutrien programs offer revenue paths for Iowa growers
Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...
Rural America needs more ag tax professionals
Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...
Rising farmer sentiment in March surprised some industry experts
Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...
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U.S. beef regains duty-free access to UK market
When the United Kingdom departed from the European Union in 2020, U.S. beef no longer had duty-free access to the UK. This increased costs for British importers and the entire U.S. beef supply chain, making the UK market more difficult to serve. Now, duty-free...
USDA reorganizes FSIS and establishes Food Safety Center in Iowa
The U.S. Department of Agriculture has announced a major reorganization of the Food Safety and Inspection Service (FSIS), aiming to modernize operations and better align the agency with today’s agricultural landscape. Central to the plan is the creation of a National...
Pilot program targets nitrogen efficiency
As Iowa farmers prepare to get planters rolling this spring, a new soil testing effort is aiming to help producers better manage fertilizer costs while also improving environmental outcomes. Iowa Agriculture Secretary Mike Naig says the pilot program focuses on...
Farmers need to have flexible weed control programs
Weeds like water hemp are at the top of every farmer’s mind, especially as planting season rolls along. Producers need to have a broad spectrum of control in their weed management plans, or they will risk having those weeds develop resistances to the products they...
Canada patiently pursuing USMCA despite pressure from U.S.
The Trump administration is demanding what amounts to an ‘entry fee’ from Canada, in the form of agreeing to some concessions just to engage in trade talks relating to the USMCA deal. In particular, the U.S. administration is demanding pre-negotiation concessions from...
