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Tariff uncertainty continues to cloud trade outlook

Tariff uncertainty continues to cloud trade outlook

Trade policy remains a major focus for businesses and commodity markets as uncertainty continues surrounding U.S. tariffs. Earlier this year, the Supreme Court ruled that President Trump exceeded his authority by using the International Emergency Economic Powers Act to impose broad worldwide tariffs. While that decision changed part of the tariff landscape, additional trade actions are still expected in the months ahead. Ben Malin, Vice President of Research at the Federal Reserve Bank of...

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AFBF highlights gaps in Dairy Margin Coverage Program

AFBF highlights gaps in Dairy Margin Coverage Program

The Dairy Margin Coverage Program is a farm safety net program that helps U.S. dairy farmers manage risk when the gap between milk prices and feed costs shrinks. Danny Munch, an economist with the American Farm Bureau Federation, said the program has been a big help...

Grassley sees several Senate pathways for year-round E15

Grassley sees several Senate pathways for year-round E15

United States Senator Chuck Grassley (R-IA) says there are several avenues for year-round E15 to pass in the Senate. Grassley says the freestanding House-passed E15 bill needs to be attached to another piece of legislation to make its way through the Senate. Senator...

Naig urges Senate action on Farm Bill

Naig urges Senate action on Farm Bill

The House has passed its version of the Farm Bill, but Iowa Agriculture Secretary Mike Naig says the focus now turns to the Senate, where the legislation could face a much more difficult path forward. Naig said House passage was an important step toward giving farmers...

News from May Cattle on Feed Report

News from May Cattle on Feed Report

The May Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. Total inventory was up 2% year over year, that was driven in part by a 6% increase in April of cattle placed in...

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Swine industry remains cautious about NWS

Swine industry remains cautious about NWS

Earlier this week, the USDA announced that there was an official detection of New World Screwworm (NWS) in the U.S. The pest was found in a three-week-old calf in South Texas. Since NWS is an indiscriminate parasite, all warm-blooded mammals are at risk of infestation...

Ag economy barometer drops in May

Ag economy barometer drops in May

The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said...

Livestock groups react to NWS confirmation

Livestock groups react to NWS confirmation

U.S. livestock groups reacted to the USDA’s confirmation of the New World Screwworm in South Texas. “The National Cattlemen’s Beef Association and our state partner organizations have been working for more than a year to combat the incursion of the New World...