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Trump cuts tariffs on ag equipment to 15 percent

Trump cuts tariffs on ag equipment to 15 percent

President Donald Trump has announced tariff reductions on certain agricultural and industrial equipment, a move that could help ease some cost pressures facing farmers and machinery dealers. Under a new proclamation, tariffs on products like harvesters, bulldozers, forklifts, and HVAC equipment will be reduced from 25 percent to 15 percent. The Wall Street Journal said the administration also lowered tariffs to ten percent on products manufactured abroad that contain at least 85 percent...

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School breakfast programs start to incorporate meat again

When it comes to creating a marketplace for our products, we tend to put a lot of focus on developing international markets. That is good because we produce far more food than we hope to consume. However, we cannot afford to overlook the demand we can create here at...

Grassley wary of Chinese response to increased tariffs

Grassley wary of Chinese response to increased tariffs

On Tuesday President Biden announced a surge of increased tariffs on imported Chinese products under Section 301 of 1974’s Trade Act. The tariff hikes will be applied to $18 billion worth of imports from China including electric vehicle batteries and computer chips....

Hog prices much more stable now than a year ago

Hog prices much more stable now than a year ago

After soaring to yearly highs recently, the hog prices, along with the rest of the livestock, have come back down to earth. While we would’ve liked to maintain those higher levels, it’s important to remember that hog prices were considerably worse just a year ago....

Trump cuts tariffs on ag equipment to 15 percent

Deadline approaching for century and heritage farm applications

The June 1 deadline for eligible Iowa farm owners to apply for Century or Heritage Farm recognition is quickly approaching, and the Iowa Department of Agriculture and Land Stewardship is encouraging farm families to apply today. The program, which was created in...

Spring warmup can be dangerous for stored grain

Spring warmup can be dangerous for stored grain

Spring warmup can be hard on stored grain, as the sun can cause bins to heat up very quickly. GSI District Manager Dave Ellis said it’s important to properly manage grain bins. Eilis said temperature management is key to proper grain storage. Ellis added that remote...

Ag loan interest payments are starting to soar

Ag loan interest payments are starting to soar

The economy is in a tough spot across the board, no matter how government officials want to try and spin it. Interest rates are climbing higher and that is causing problems for borrowers, especially in the agriculture sector. Agricultural operating loans, land loans,...

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August red meat exports show mixed results

August red meat exports show mixed results

Fueled by another outstanding performance from Mexico, August exports of U.S. pork increased year-over-year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). On the other hand, U.S. beef exports were below year-ago levels in...

Sharing the story of U.S. agriculture overseas

Sharing the story of U.S. agriculture overseas

The U.S. Sustainability Alliance was formed to share the stories and values of U.S. farmers, fisherman, and foresters with European audiences. Zippy Duvall, American Farm Bureau Federation President, said U.S. agriculture has a great story to share with EU officials...