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U.S. farmers lost $15 billion to tariffs
Recent studies by North Dakota State University revealed that U.S. tariffs and resulting retaliatory actions are driving significant economic losses for American agriculture, heavily impacting exports and raising farming costs. The study found that retaliatory tariffs from China caused roughly $15 billion in annualized losses for American agricultural exports. China’s embargo on U.S. soybeans alone accounts for almost half the total at $6.8 billion. It’s also caused significant damage to beef,...
NPPC targets Prop 12, trade, labor in D.C.
The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer...
U.S. blockade in Strait of Hormuz will have long-lasting impact
The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...
U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together
The U.S. Meat Export Federation (USMEF) is conducting a U.S. Red Meat Symposium, April 14-17 in Mexico City, which will allow U.S. exporters to meet face-to-face with importers and other prospective customers from throughout Mexico. This is the second edition of the...
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...
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Iowa State University encourages students to pursue all areas of agriculture
Today marked the final day of the 98th Annual Iowa FFA Leadership Conference. The event, which takes place on the campus of Iowa State University (ISU) in Ames, isn’t just an opportunity to connect with fellow FFA members- high school juniors and seniors often also...
Congress proposes changes to Endangered Species Act
New legislation is aimed at providing improvements and updates to the Endangered Species Act. Shelby Hagenauer, senior director of government relations for the American Farm Bureau Federation, said the organization especially appreciates the updates help to...
Findings from April Cattle on Feed Report
The Cattle on Feed Reports from USDA provide a look at the inventory of cattle in feedlots throughout the United States. The April Cattle on Feed Report shows another year over year decrease according to USDA livestock analyst Michael McConnell. McConnell points out...
U.S. to use tariff funds to offset high fertilizer prices
The Trump administration is preparing to direct tens of billions of dollars from tariffs and renegotiated trade deals toward strengthening domestic fertilizer production, according to Agriculture Secretary Brooke Rollins. Speaking before lawmakers during a House...
AG trade deficit drops 42 percent
New numbers from USDA show progress in reducing the U.S. agricultural trade deficit, but officials say there is still more work ahead to return to a long-standing trade surplus. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says when the...
