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Farm production costs mixed last year, soaring in 2026
Farm production costs were mixed last year but are up significantly in 2026. USDA Chief Economist Justin Benevidez provides the specifics from 2025. Benevidez says the largest increase occurred in livestock and poultry production. However, the latest farm expenditure report shows crop farm spending dropped more than six-and-a-half percent. The numbers for 2026 paint a much different story. Fertilizer is up year-over-year by five percent for ammonia and up to 37 percent for DAP. Since 2020,...
U.S. Export Sales Report (8-15-25)
This week’s U.S. Export Sales report had big numbers for the markets to digest, which is great for this time of year. Allendale commodity broker Greg McBride said new crop corn sales were particularly strong and set another record for this week. McBride said this...
Ag land market remains resilient
Despite ongoing challenges, agricultural land values have remained remarkably stable through mid-2025. According to the Farmers National Company, the resilience is mainly driven by simple supply and demand; there are more motivated buyers than willing sellers. While...
Iowa’s young exhibitors show agriculture’s future is strong
Each year at the Iowa State Fair, the Governor’s Charity Steer Show draws crowds eager to see outstanding cattle and the young people who raise them. The event pairs youth exhibitors with celebrities and other Iowa leaders, all in support of the Ronald McDonald House...
August WASDE threw a curveball at the corn markets
With trade uncertainty on the minds of many farmers, the USDA threw the corn market a curveball. The August WASDE report gave farmers and ranchers across the country an interesting look into how production might look this fall. Faith Parum, an economist with the...
449 Century and Heritage Farm families honored at the 2025 Iowa State Fair
Iowa Secretary of Agriculture Mike Naig and Iowa Farm Bureau Federation President Brent Johnson honored 449 Iowa farm families with Century or Heritage Farm designations at the 2025 Iowa State Fair. The program celebrates farms that have been owned by the same...
Crops are promising, but yields need to be protected
The recent WASDE report from the USDA confirmed that this year’s crops have great potential. Now, it’s important for farmers to keep a close eye on their crops and do whatever they can to realize those potential yields. Kurt Maertens, BASF technical service...
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More Ag News
ICA responds to President Trump’s comments on the cattle industry
Yesterday, President Trump made a post to his Truth Social account regarding U.S. cattle producers and his plan to increase beef imports from Argentina in an effort to lower beef prices for consumers. The post is causing what the Iowa Cattlemen’s Association (ICA)...
FSA offices resume limited service during shutdown
Farm Service Agency offices are reopening on a limited basis despite the government shutdown. The USDA made this move despite the ongoing stalemate in funding the federal government. Brian Glenn, director of government affairs for the American Farm Bureau Federation,...
Grassley urges shift from temporary waivers to permanent E15 legislation
Sen. Chuck Grassley, R-Iowa is continuing to seek President Trump’s support of Grassley’s bipartisan year-round E15 legislation. Grassley says that at a time when farmers are set to receive aid because of the trade war and low prices for commodities, year-round E15...
Despite challenges, beef demand at 40-year high
For the past year, the drumbeat across cattle country has been lower herd numbers, market fluctuations and rising input costs. Total beef supply tightened by 3% and beef retail prices climbed to an average of $8 per pound. Yet consumer demand for beef surged to a...
Tariffs pressure sheep industry, but opportunities remain
Over the past week, we have been looking at how tariffs and trade disputes have affected several parts of American agriculture, from soybeans and pork to dairy. But those are not the only producers feeling the impact. The American sheep industry has also been caught...
