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Naig: Recent weather helped Iowa farmers catch up

Naig: Recent weather helped Iowa farmers catch up

After a slow and uneven start to planting season this spring, Iowa farmers have made up significant ground over the past few weeks. Iowa Agriculture Secretary Mike Naig says favorable planting windows recently allowed farmers to move quickly and bring statewide progress closer to the average pace. Naig says this spring once again highlighted just how variable weather conditions can be across Iowa, with some areas staying dry while others dealt with excess moisture. While recent rains helped...

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EPA’s E15 final decision welcome, but some questions remain

The Environmental Protection Agency has granted the request from eight Midwestern states, including Iowa, to sell year-round E15 beginning in 2025. The EPA approved the long-delayed petitions from eight Midwest governors to allow summertime sales of E15 in these...

U.S. Export Sales Report (2-23-24)

U.S. Export Sales Report (2-23-24)

This week was not a good one for the grain markets, and that could be seen in this week’s export sales as well. Corn is still looking fine, but soybeans posted the lowest numbers for this week in over thirty years. Allendale commodity broker Greg McBride gave an...

U.S. milk production to grow slower in 2024

U.S. milk production to grow slower in 2024

The good news is U.S. milk production is expected to grow in 2024. Michael McConnel of the USDA’s Chief Economist Office says the bad news is the growth rate will slow compared to last year. The good news for U.S. dairy farmers is it will cost less to feed their...

Brazil soybean exports double U.S. shipments

Brazil soybean exports double U.S. shipments

Brazil’s 2023 soybean exports reached a record 3.74 billion bushels, 29 percent higher than the previous year as Brazilian production hit record levels. Meanwhile, U.S. shipments dropped 14 percent to 1.78 billion bushels in the same period. The two countries are...

Farm loan repayments are beginning to slip

Farm loan repayments are beginning to slip

After a couple of years of great prices and good profit margins, we have seen the ag profit forecasts start to dip lower year by year. However, we had been consistently reassured that the ag economy was holding its own. Several indicators are considered when these...

BoviJet helping producers gather more data on cattle

BoviJet helping producers gather more data on cattle

As labor becomes more difficult to find, cattle producers can take advantage of new technologies to ease the labor requirements for taking care of their cattle. Dakota Belling, co-founder of BoviJet, talked about their innovative automatic pour-on medicine applicator...

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Farm land values up five percent

Farm land values up five percent

USDA says the value of all farm real estate increased five percent compared to last year. The average price is $4,170 per acre, and that includes buildings and other facilities. Cropland values increased to $5,570 per acre from last year. That’s a jump of $350 per...