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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 caution is also showing up in investment behavior. Breakeven prices are expected to climb in 2026. About two-thirds of producers in the survey say they expect war in Iran to impact their bottom lines this...
Farm Progress Show ready for the latest and greatest in agriculture
The Farm Progress Show will take place Tuesday August 27th-Thursday August 29th at the Farm Progress Show site in Boone Iowa. FPS media day was held on Wednesday to showcase the newest attractions at the show along with the final preparations being made for the...
Food Bank of Iowa receives 6,000 pounds of food from ISF vendors
Sixteen Iowa State Fair vendors have donated 6,000 pounds of surplus food to Food Bank of Iowa at the close of this year’s fair. (That’s half of last year’s 12,000 pounds, but not surprising given the fair attracted an all-time record number of visitors this year:...
Fertilizer outlook is less than rosy for fall 2024
Input costs are higher than ever, and with a grain market settling back lower, that is not happy news. There have also been issues with supply chains and obtaining what we need to be successful in any crop year. Where this really hurts is when it comes to inputs we...
South American Weather and Crop Update (8-20-24)
The weather in South America still has not changed much, but it’s not much of an impact on the markets anyways since the commodities are focused elsewhere. However, Allendale commodity broker Greg McBride said the markets could be shifting back to looking at the South...
Introducing new pork products in international markets
Introducing new products to overseas customers is a great way to draw attention to differentiate U.S. pork from pork of other origins. Courtney Knupp, vice president of international market development for the National Pork Board, said consumer preference research...
Wyffels growth in Iowa continues with new Ames site
Following 15 months of construction, Wyffels Hybrids officially opened their new Iowa warehouse and distribution center on July 10th, 2024. The new Iowa site is on roughly 150 acres located between Nevada and Ames near Interstate 35 and highway 30. In addition to...
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Secretary Naig’s Year in Review (part 2)
Yesterday, we started a year in review with Iowa Ag Secretary Mike Naig, and today we will conclude our look back on the year that was for Agriculture in our state. You can’t start another look into 2024 without talking about the Iowa State Fair. It’s the biggest...
Pork is great for any plate
Consumers choose pork at the meat case for different reasons. Kristen Hicks-Roof, director of human nutrition at the National Pork Board, said taste is the top driver in food choices. Hicks-Roof said the National Pork Board is gaining momentum in connecting with the...
USDA forecasts higher retail egg prices for 2025
If you purchased eggs throughout 2024 you are well aware of the climbing price of eggs over the course of the year. Eggs are up in price on average 7.7% compared to last year. Unfortunately, those prices are not expected to decline in 2025. That is USDA economist,...
Rapid growth for biodiesel and renewable diesel in 2024
The U.S. is on pace to surpass five billion gallons of biodiesel and renewable diesel consumption for the first time. That caps a 2024 that saw increased efforts from states to drive adoption, updates to technical standards, growth in soybean crush capacity, and...
Port labor contract dispute disrupting red meat exports
U.S. agriculture is bracing for a potential work stoppage at East and Gulf Coast ports that could greatly disrupt U.S. exports. Contract negotiations between the International Longshoremen’s Association and the U.S. Maritime Alliance broke down in mid-November over...
