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Farm industry is navigating challenging times
There’s no doubt it’s been a rough go for the U.S. agricultural sector in recent years. Rob Larew, the president of the National Farmers Union, said the passage of the farm bill out of the House provides a bit of hope. Larew said it was disappointing to see year-round E15 amendment get pulled from the House Farm Bill after disagreements between oil-patch and farm-state Republicans. Larew said it’s time for the U.S. to invest in more domestic fertilizer prices to help withstand the price shocks...
Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...
Advisors urge farmers to use tax data for broader financial planning
Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...
Nutrien programs offer revenue paths for Iowa growers
Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...
Rural America needs more ag tax professionals
Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...
Rising farmer sentiment in March surprised some industry experts
Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...
AFBF continues to push for new farm bill
The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...
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More Ag News
Market fundamentals are keeping corn prices low
Even when there have been good news headlines, the corn prices have been resistant to move upwards. Unfortunately, the fundamentals in the corn marketplace just aren’t friendly to a significant price increase. Jacob Burks, chief growth officer at AgMarket.Net, said...
U.S. Export Sales Report (4-16-26)
This week’s export sales were strong again for the corn markets. This is exactly what we need to see in order for meet high expectations. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. Unfortunately, the soybeans continued...
Upcoming USDA reports to feature key data for hog producers
USDA livestock reports can offer valuable insights into the hog industry. Lee Schulz, Ph.D., chief economist of Ever.Ag, says that reports such as the annual livestock slaughter report, set for release on April 22, can give producers a snapshot of the state of the...
New data shows continued threat to food affordability due to California Prop. 12
Equipped with brand new retail and U.S. Department of Agriculture data reinforcing California Proposition 12’s detrimental impacts on both producers and consumers, 105 American pork producers from 23 states took to Capitol Hill, advocating for their livelihoods with...
Filing season shows impact of farm tax changes
Farm families are getting a clearer picture of how last summer’s federal tax changes could affect long-term business planning after working through another filing season. In an interview with the Iowa Agribusiness Radio Network, U.S. Agriculture Secretary Brooke...
