Top Stories
China honoring trade agreement and purchasing U.S. grain
The markets have been trending upward during this shortened trading week. After a rough start to the month, some recent headlines have given the corn and soybeans something to work with. Michael Weidner, director of grain origination and producer strategy at Landus Cooperative, said recent flash sales may be indicating that China will hold up its end of the trade agreement. Weidner said these purchases are a great starting point for the deal, which will continue through harvest this fall....
U.S. Export Sales Report (11-21-24)
While global demand looks like it might start to shift soon, the USDA released another positive export sales report this week. Allendale commodity broker Greg McBride gave an update on the latest numbers. Flash sales were predicted to potentially fall off, but McBride...
Ag experts agree new farm bill not likely until new Congress
Ag experts agree that a new farm bill is now unlikely until next year when the new Congress is in session. Leadership elections have been held in Congress, but lawmakers have a lot of non-farm bill related work left to complete including the annual defense bill. John...
AFBF Thanksgiving survey shows dinner cost declined from 2023
Cooking a Thanksgiving dinner this year for friends and family will cost less than last year but is still more expensive than before COVID-19. The 39th annual Thanksgiving dinner survey shows the cost of this year’s classic holiday feast for ten people is $58.08 or...
Talking with the EPA Part 2
Yesterday, we started a conversation with Venus Welch-White, Acting Director of the EPA Office of Agriculture and Rural Affairs (OARA). We talked about the Endangered Species Act, the power of the courts with the EPA, and more. Today we will continue that conversation...
Liver flukes are a growing problem for cattle producers
Previously only an issue for cattle producers in the wet regions of the Gulf and Pacific coasts, liver flukes have become a growing problem for producers across the country. David Shirbroun, professional services veterinarian with Boehringer Ingelheim, said liver...
Previewing the November USDA Cattle on Feed report
USDA will publish the November Cattle on Feed report on Friday November 22nd at 2pm central time. The monthly report offers data on the number of cattle on feed, placements in feedlots, and marketings. At this point in 2024 many analysts had expected to see the number...
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More Ag News
Year-round E15 is a win for everyone
One of the keys to America’s energy independence can be found in America’s farmland. American Farm Bureau Federation President Zippy Duvall said that year-round E15 could prove to be key in helping the farm economy. E15 isn’t just a benefit for agriculture, though-...
Progress made on pork facility registrations for China
Registrations for more than 750 beef and pork facilities allowing them to export to China expired on Sunday, leaving questions about market access for U.S. red meat processors. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom said that the pork...
USDA: U.S. ag trade deficit continues to grow
USDA has published the latest ag trade data for the current fiscal year. USDA economist Bart Kenner details the latest export and import projections from October to January. Kenner explains what that means for the ag trade balance sheet for the 2024-2025 fiscal year...
Iowa’s Best Burger top 10 finalists announced
From quaint hometown diners to upscale urban eateries, the competition was fierce as the Iowa Beef Industry Council and the Iowa Cattlemen’s Association accepted nominations for the 16th annual Iowa’s Best Burger Contest. This year’s contest saw impressive engagement,...
Crop insurance deadline is today
Today is the last day to sign up for crop insurance. If you haven’t enrolled yet, make sure to get it done to protect your crops from unexpected losses. Reach out to your local agent if you need assistance with the process. Tom Zacharias, president of NCIS, shared...
