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Phil’s forecast and possible ag implications
For those of us in the Midwest and eastern states, Punxsutawney Phil’s Groundhog Day forecast comes as no surprise with the famous groundhog calling for six more weeks of winter. That is USDA meteorologist Brad Rippey who says that Phil’s forecast lines up with the National Weather Service’s long-range projections. Midwesterners may be used to the freezing temperatures and snow and ice, but the South is also dealing with extreme winter weather right now and it is making life difficult for...
Agronomy in Action guide gives farmers ag data at their fingertips
Since the dawn of man, we have been looking for ways to decipher information. Especially when that information is a closely guarded secret. Just think about the great tools man has used to decrypt information to gain an advantage. The Rosetta Stone, General Lee?s...
South American Weather and Crop Update (3-1-22)
Even though the primary market focus is on Russia and Ukraine right now, it?s still important to keep an eye on the conditions in South America. Allendale commodity broker Greg McBride said the recent rains were good to see, but the resulting humidity is starting to...
Grassley asks EPA to ?stop attacking? crop protection tools
A group of Republican Senators are calling out the Environmental Protection Agency for what they call an ?attack? on crop protection tools.Iowa Senator Chuck Grassley ? along with Senators Joni Ernst (Iowa), Roger Marshall (Kansas) and Mike Braun (Indiana) ? have sent...
EIA data confirms record ethanol blend rate in 2021
Data released Monday by the U.S. Energy Information Administration (EIA) shows that ethanol comprised a record share of America?s gasoline in 2021, averaging 10.34 percent of every gallon sold. The final EIA data for 2021 also confirmed a significant rebound in both...
Chevron to acquire Ames-based Renewable Energy Group in $3B deal
The second largest oil company in the United States is buying an Iowa-based renewable fuels company in an all-cash transaction valued at $3.15 billion.Chevron announced Monday it?s purchasing Renewable Energy Group (REG) out of Ames at $61.50 per share. A press...
Growth Energy says new biofuels study based on politics, not science
In the last two years, we have heard the words, ?follow the science? more times than we can probably count. Mainly it has been in reference to COVID-19, but the same has been said in areas like agriculture.As public policy seeks to put environmental concerns at the...
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More Ag News
Iowa farmland prices jump again
Iowa State University?s annual Land Value Survey shows farmland values are averaging $11,411 an acre in 2022, a 17 percent rise from last year. ISU says farmers have a lot more cash on hand, and supply chain issues led to a shortage of equipment, so the money...
Opening Market Podcast – Greg McBride Allendale 12-19-22
Greg McBride of Allendale joins Dustin this morning and says he expects low-volume grain trading with high volatility. He also sees the livestock enjoying strength for now.
Get your dairy herd dewormed soon
Animal health is a big issue for all livestock producers. Each animal comes with their own set of issues that they face. Poultry is currently dealing with HPAI, and hogs are looking at PRRS & staving off African Swine Fever. Cattle have their issues as well, including...
Weekend Ag Matters- December 17th, 2022
2023 Farm Bill will likely be evolutionary, not revolutionary
With the current lame duck session, the 2023 Farm Bill process has been put off until the new year. Will Stafford, CHS Washington representative, said the writing process should pick up again at the beginning of the year.Stafford said they likely won?t make any huge...
