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Farmers already expect higher breakeven prices in 2027

Farmers already expect higher breakeven prices in 2027

The Purdue University/CME Group's Ag Economy Barometer declined in April as economic uncertainty caused a dip in farmer optimism for the future of their operations. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, says that corn growers are doing the math and expect even higher breakeven prices during the 2027 growing season. Despite the dip in the ag economy barometer and tightening margins for producers, many respondents to the survey indicated that they...

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Farm bill uncertainty persists as lawmakers debate key ag policies

Farm bill uncertainty persists as lawmakers debate key ag policies

Uncertainty surrounding the next farm bill continues as lawmakers remain divided on several key agricultural and nutrition policy issues. Members of Congress from both parties agree on the need to update farm programs, but disagreements over funding levels, nutrition...

Ernst backs Glen Smith, USDA restructuring plan

Ernst backs Glen Smith, USDA restructuring plan

Another Iowan could soon be stepping into a key USDA leadership role, while the department also looks to reshape how it operates across the country. Senator Joni Ernst says Glen Smith is moving through the confirmation process for a USDA under secretary role, calling...

Feeding the Economy report shows agriculture’s impact

Feeding the Economy report shows agriculture’s impact

Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those...

Hog inventories up in March

Hog inventories up in March

The latest Quarterly Hogs and Pigs Report from USDA shows an increase in inventories. USDA livestock analyst Michael McConnell says the total number of hogs in the U.S. is up compared to this time a year ago. McConnell says hog inventories remain stable, adding that...

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