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45z tax credit is almost across the finish line

45z tax credit is almost across the finish line

The public comment period on the 45z tax credit proposal is ending on April 5th. Since this legislation has been in the works for so long, it’s incredibly important for producers to speak up on what they want to see in it. Mitchell Hora, founder of Continuum Ag, said his company has been working hard to get the 45z tax credit over the finish line. The proposed rule was finally published in February. Hora said that, while we have strong advocates for 45z here in Iowa, the next steps lie with...

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U.S. soybeans set for first shipment to China since May

U.S. soybeans set for first shipment to China since May

Two cargo ships were headed for port terminals near New Orleans, Louisiana, this week to load the first shipments of U.S. soybeans to China since May. That’s according to a shipping schedule seen by Reuters. A third ship was heading to a Texas Gulf Coast terminal to...

Farmers are dealing with severe financial stress

Farmers are dealing with severe financial stress

The American Farm Bureau Federation (AFBF) is bringing attention to the financial plight of the country’s farmers and ranchers. A recent AFBF Market Intel Report shows that financial stress is severe and persistent across farm country. John Newton, AFBF vice president...

Naig says Vietnam is ready to buy more Iowa products

Naig says Vietnam is ready to buy more Iowa products

Iowa Secretary of Agriculture Mike Naig says the state’s recent trade mission to Southeast Asia revealed significant opportunities for Iowa agriculture in Vietnam. The delegation included Iowa commodity groups representing corn, soybeans, pork, and beef, along with...

USDA releases more missing export sales data

USDA releases more missing export sales data

More of the missing export data from the government shutdown was released this morning. The most recent report includes data of the week ending October 9th. Allendale commodity broker Greg McBride said the corn numbers line up well with the expectations from the USDA....

Consider flavorful pork for holiday meals

Consider flavorful pork for holiday meals

Many families are indulging in the sizzle, sear, shred, or slice of pork as they finalize their menus for the Thanksgiving celebration. Whitney Hemmer, a registered dietitian with Fareway Meat and Grocery, says pork opens the door to a variety of delicious options for...

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Specialty crop growers feeling left out

Specialty crop growers feeling left out

In a time of financial stress for many farmers across the country, the $12 billion bridge assistance payments that were recently announced are welcome relief for many. However, $11 billion dollars of the relief payments are being distributed to row crop farmers,...

USDA releases more missing export sales data

Impacts of Argentina’s export tax cut

It was recently announced that Argentina cut its export tax by 2%, which creates even more of a price gap with U.S. soybean prices. However, the global demand situation is too complex to trade just on prices alone. Allendale commodity broker Greg McBride said the...