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Bankruptcy filings signal ongoing farm financial stress
Farm bankruptcies across the country remain at levels not seen since the disruptions of the COVID era, and legal experts say that should concern producers and lenders alike. While the pace of filings this year is similar to last year, that does not mean the farm economy is in the clear. Austin Peiffer, an attorney with Ag and Business Legal Strategies in Hiawatha, says the numbers remain elevated compared to historical norms. The American Farm Bureau Federation reports there were at least 158...
USMEF expanding Costco’s sales of U.S. meat in Mexico
In Mexico, Costco is a leading distributor of U.S. beef and pork cuts – not just to everyday shoppers, but also to businesses. With Costco looking to expand its sales of U.S. red meat to foodservice clientele in Mexico, the U.S. Meat Export Federation (USMEF) recently...
Fish and Wildlife Service proposes ESA listing for monarch butterflies
A new species might be added to the Endangered Species list, with a threatened designation. The U.S. Fish and Wildlife Service recently announced a proposal to list the Monarch Butterfly. Shelby Hagenaur, senior director of government affairs for the American Farm...
A plan to resume Mexican live cattle imports into the U.S.
The United States-Mexico border was closed for the importation of Mexican cattle into the U.S. in late November, after a case of New World Screwworm was detected in Mexico. Import restrictions on live cattle imported into the U.S. were put in place out of an...
U.S. corn, soy oil exports outdo previous forecasts
The USDA recently had to significantly boost its 2024-2025 export outlooks thanks to better-than-expected export sales for corn and soybeans. Last Tuesday’s WASDE shows record-low stocks to use for U.S. soybean oil. There was also a surprising number in corn ending...
Hemmes reflects on time on United Soybean Board (Part 2)
On Friday, we started talking with April Hemmes, a Hampton, Iowa farmer who had spent the better part of a decade working with the United Soybean Board (USB) and has now stepped down. We talked about the growth she had seen and the improvements made both to innovation...
Iowa Cattlemen continuing to push for better farm bill
At this point, it is very likely that the 2018 farm bill will get extended for another year. This is not what the ag industry was hoping for, but that doesn't mean that the battle is over. Iowa Cattlemen’s Association CEO Bryan Whaley said the ag industry needs to...
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Pure Prairie Poultry producers still waiting as promises go unfulfilled
In late September 2024, Pure Prairie Poultry, Inc., based in Fairfax, Minnesota, filed for bankruptcy, leaving numerous poultry producers in Iowa, Minnesota, and Wisconsin without essential resources to feed their broiler chickens. The company's financial collapse...
Applications open for PFI’s 2025 N Rate Risk Protection Program
Farmers who are on the fence about reducing nitrogen applications might want to consider enrolling in the Practical Farmers of Iowa’s N Rate Risk Protection Program. The program is designed to help farmers reduce their input costs while also protecting the local...
U.S. economy facing uncertainty as tariff reactions continue
Canadian Prime Minister Mark Carney announced that Canada will levy a tariff on all American-made vehicles that are not compliant with the USMCA and that those Canadian counter-tariffs will match tariffs put on Canada’s auto industry. This Canadian measure follows...
NCBA reacts to reciprocal tariff announcement from President Trump
National Cattlemen’s Beef Association (NCBA) Senior Vice President of Government Affairs Ethan Lane issued the following statement after attending President Donald J. Trump’s reciprocal tariff announcement at the White House on Wednesday: “For too long, America’s...
Sec. Rollins calls on Congress to pass a Farm Bill
Ag Secretary Brooke Rollins says farmers and ranchers need a new five-year farm bill in 2025. It has failed now to get through Congress the last two times under the Biden administration, and it is a very, very big priority of mine, Rollins said Monday. But she says...
