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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 private buyers will likely follow the prices. On the other hand, the government agencies will likely continue with their purchases of U.S. soybeans due to the trade deal framework. The team at Allendale can be reached by calling...
Gov. Reynolds requests expedited Presidential Disaster Declaration for Iowa flooding
Gov. Kim Reynolds has requested an expedited Presidential Disaster Declaration for Iowa counties where significant damage was sustained from severe storms and widespread flooding that occurred on June 21 and continuing. The letter requests activation of the Federal...
USDA hopes to level poultry playing field in Packers & Stockyard changes
Many lawmakers, including Iowa Senator Chuck Grassley, have advocated for upgrades to the Packers & Stockyards Act. This bill is over a hundred years old and currently needs an upgrade for modern times. While it has been a source of geographical contention for...
NPPC President-Elect looking forward to stepping into new role
The National Pork Producers Council (NPPC) represents the pork industry year-round on many important issues for producers. The NPPC has a strong executive team full of experience that allows them to tackle these issues posed by the producers they represent. Duane...
Clean Label Solution wins 2024 Soy Innovation Challenge
Clean Label Solution is the grand prize winner of this year’s Soy Innovation Challenge. They won the challenge with their fermentation process that uses soybeans to make high-value feed for beef and dairy cattle. Dr. Mohammad Arshadi, founder and CEO of Clean Label,...
Ethanol industry’s EV fight heading to the courts
The second lawsuit in as many weeks has been filed against the Environmental Protection Agency’s final tailpipe emissions rule. This effort is being led by the ethanol industry as it enters a separate challenge following another lawsuit that was submitted by the...
Farmers holding large corn and soybean stocks
After stockpiling crops for much of this season due to low commodity prices, many U.S. farmers continue to turn away buyers despite few signs that prices will improve. Farm Policy News says grain supplies are ample, and early ratings of summer crops are good. While...
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Dry weather can cause complications for soybean harvest
The dry weather is allowing harvest in Iowa to progress at a quick pace, and that’s especially true for soybeans in northeast Iowa. While the ease of harvest is great, the dry weather also has some inherent risks. Beck’s agronomist Lee Koenigsfeld said they’ve gotten...
AFBF supporting farmers suffering from hurricane damage
Hurricane Helene was the deadliest storm in America since 2017, with over 225 lives lost and many others still missing. Danny Munch, an economist with the American Farm Bureau Federation, says agriculture is an important part of the Southeast and has a long road to...
Make management decisions before planting to battle corn rootworm
Corn rootworm can cause significant yield loss but the best way to deal with the pest is to develop your plan for the yield robbers before planting. That’s according to Kevin Langdon a technical product lead for insecticides with Syngenta. Langdon says that corn on...
Secretary Naig announces record investments to expand E15, biodiesel availability statewide
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Renewable Fuels Infrastructure Program (RFIP) Board recently approved 126 project applications from Iowa gas stations for new and expanded E15, E85, and biodiesel infrastructure projects. Totaling...
Heartbreaking AG stories continue after Hurricane Helene
It has been well over a week since Hurricane Helene unleashed her fury on North Carolina and Tennessee. Even as we await today’s landfall of Hurricane Milton, once called the second strongest hurricane ever recorded, people are still trying to put their lives together...
