Top Stories
Farmers aggressively sold soybeans in 2025
U.S. farmers were aggressive sellers of soybeans last fall as prices climbed after trade tensions eased between the U.S. and China. With higher prices and a swifter pace of sales, commercial ownership of soybeans rose sharply while use of delayed pricing programs and basis contracts fell. A new report from CoBank said off-farm grain storage hit record levels last fall, with farmers shifting more soybeans and wheat to commercial storage to free up on-farm space for the record corn harvest....
Labor shortage a primary concern for transporting grain
The Iowa Soybean Association held a panel discussion on supply chain issues at the Innovation to Profit Conference on February 17th.Mike Steenhoek, executive director of the Soy Transportation Coalition, led the panel discussion with soy industry professionals about...
GOP lawmakers praise flat tax compromise
State GOP lawmakers are hailing the recent passage of a bill that overhauls the state?s income tax system.Last week, the Iowa House and Senate reached an agreement on a tax bill that lowers the state?s income tax rate to 3.9%. Republican State Senator Mark Costello of...
Vilsack says ag outlook is strong
Ag Secretary Tom Vilsack gave the keynote address at the USDA?s annual Agricultural Outlook Forum. The Hagstrom Report says that the secretary called the outlook for U.S. agriculture ?bright, strong, and positive,? despite the problems around the world.Vilsack said...
Kansas City Fed VP sees positive indicators for farm economy
The biggest story across the globe has been Russia?s invasion of Ukraine over the last week. The issue has had a heavy influence on the agricultural markets here in the U.S. As questions linger about the conflict?s impact on agriculture, an economist sees a positive...
Soy Checkoff continues to invest in innovation and promotion
When we look at investing in the marketplace for American soybeans, we often like to look at the flashy stories. The additives for road sealers, the biodiesels, tire additives, motor oil, and so much more. We are constantly building up the uses and demand for soy oil,...
U.S. Export Sales Report (2-25-22)
With the holiday this past Monday, the USDA released its weekly U.S. Export Sales Report on Friday.We actually saw a rather bullish report this week. However, Allendale commodity broker Greg McBride said to be cautious since the current global situation is so...
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More Ag News
Vilsack announces second round of funding for USDA?s Partnerships for Climate-Smart Commodities Program
Recently, Ag Secretary Tom Vilsack announced the second round of project funding under USDA?s Partnerships for Climate-Smart Commodities Program. Vilsack explained how the second round of funding is different from the first.?We realize that we needed to have smaller...
McKinsey & company release global farmer survey results
Despite economic disturbances, high crop prices are giving farmers around the world cause for cautious optimism, according to a new survey. Global consultancy McKinsey & Company this week released the results of its global survey of 5,500 farmers from nine countries....
Double-Check the new National Broadband Map
Last month, the Federal Communications Commission (FCC) released its National Broadband Map. Emily Buckman, Director of government affairs for the American Farm Bureau Federation, said the new map shows location-specific information about the availability of broadband...
Conservation agronomists helping farmers to implement conservation practices
More farmers have adopted conservation practices and techniques on their farming operations in hopes of improving water quality, lessening soil erosion, or just improving efficiency on their farm. Ben Porepp, a conservation agronomist with the Iowa Soybean...
Bayer premium TriVolt herbicide ready for full product launch in 2023
Bayer received good news in early 2022 that its newly developed premium, pre-selective herbicide TriVolt had been granted registration by the EPA. That led to many trial runs during the 2022 growing season.After receiving EPA approval in early 2022 for its new TriVolt...
