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Iowa farmers elect new leadership to advance opportunities for U.S. soybeans

Iowa farmers elect new leadership to advance opportunities for U.S. soybeans

Farmer-leaders of the Iowa Soybean Association (ISA) board of directors last week elected Lee Brooke of Clarinda as president during its September board meeting in Aberdeen, Washington. The association’s 22 volunteer farmer directors represent the state’s nine crop reporting districts in overseeing the management and allocation of soybean checkoff and non-checkoff resources. Brooke was first elected as an ISA district 7 director in 2021. He manages a diversified row crop and livestock farm in...

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Iowa farmers urged to act before options disappear

Iowa farmers urged to act before options disappear

As many farm operations continue working through a challenging economic environment, experts say recognizing financial problems early can make a significant difference. While many producers wait until lenders raise concerns, addressing financial issues sooner can...

Rainfall supports higher yield estimates for Iowa crops

Rainfall supports higher yield estimates for Iowa crops

Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...

U.S. bison gains duty-free access to European Union

U.S. bison gains duty-free access to European Union

Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...

Weather forecast keeping pressure on corn and soybean marketplace

Weather forecast keeping pressure on corn and soybean marketplace

While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...

Record ethanol blend rate lowers fuel costs for drivers

Record ethanol blend rate lowers fuel costs for drivers

The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...

Tight margins make financial analysis critical

Tight margins make financial analysis critical

As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...

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Weather forecast keeping pressure on corn and soybean marketplace

Major reports can cause sudden market shifts

As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...