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Consolidation trends in the U.S. nitrogen fertilizer industry
While geopolitical conflicts often take the balme for volatile nitrogen fertilizer prices, decades of deep industry consolidation- driven by natural gas costs- may be the true underlying factor. Henrique Monaco, a Ph.D. candidate in agricultural economics at the University of Illinois, said the current volatility in nitrogen fertilizer prices can't be blamed entirely on the ongoing geopolitical situation. Monaco said the U.S. is very dependent on potassium imports- mainly from Canada- but it...
Iowa State Fair crowns 2025 Big Boar champion
While it may not have been another record, this year’s big boar at the Iowa State Fair still tipped the scales at a hefty 1,268 pounds. The winning pig, Duke, is owned by Brian Britt out of Monticello, Iowa. Britt said he has raised Duke since he was born. In order to...
Wetter weather leads to enhanced disease pressure
We’ve had a very successful crop year, but the intense amount of moisture recently has led to some concerns. Emily Prevo, an AgriGold agronomist in southern Iowa, said farmers are worried about water pooling and nitrogen runoff from all of the rain. Prevo said the...
U.S. ag trade deficit continues climbing in 2025
The U.S. agricultural trade deficit hit a record high in the first half of 2025. Bloomberg said that only highlights American farmers’ longtime dominant role in world exports, which is hurt by President Donald Trump’s trade wars. Agricultural export value trailed the...
Grilling up fun at the Iowa Pork Producers Tent
Mother Nature tried to put a damper on the Iowa State Fair yesterday, spending much of the morning tossing thunderstorms our way. Nothing severe, but enough to keep the early crowds in check. By the time I arrived for my 11 a.m. “celebrity chef” shift at the Iowa Pork...
The Iowa State Fair is one big ag education opportunity
In true Iowa fashion, the weather was unpredictable for the first day of the Iowa State Fair. Thunderstorms rolled across the Des Moines metro, and many state fair attendees decided to wait out the storms before making their visit to the fair. But once the storms...
Farmer sentiment weakened in July
Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline from June. The July Current Conditions Index dropped 17 points to 127, while the Future Expectations...
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Feenstra talks farm economy investments from Trump tax cuts
There’s been discussion recently about potential farm economy investments that could result from some tax cuts made by President Trump. Iowa Congressman Randy Feenstra said he’s advocating for benefits like new export markets, among other changes. Feenstra said new...
China proposes a tariff-drop swap with Canada
The Chinese Ambassador recently told a Canadian national television audience that his country is willing to remove its tariffs on Canada’s pork products, seafood, and, by far the largest of the categories, canola oil, seed, and meal if Canada drops its 100 percent...
Markets stay cautious in fog of uncertainty
After some fireworks late last week, things have quieted down in the grain trade. The latest spark came as China and the United States each slapped new fees on maritime shipping from the other country. It’s another step in the ongoing trade war, but for now, markets...
Farm crisis not forgotten during shutdown
The farm crisis remains top of mind during the government shutdown and some lawmakers are sounding the alarm. That’s Mississippi Senator Cindy Hyde-Smith who says this is not a regional or political issue but one that affects all Americans. She adds that the situation...
China holding off on Brazil soybean purchases
High premiums on Brazilian cargoes are discouraging soybean buyers in China, which means the country has yet to secure much of its needed soybean supply for December and January. Reuters says the development could prompt the Chinese government to tap state reserves to...
