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Trump cuts tariffs on ag equipment to 15 percent

Trump cuts tariffs on ag equipment to 15 percent

President Donald Trump has announced tariff reductions on certain agricultural and industrial equipment, a move that could help ease some cost pressures facing farmers and machinery dealers. Under a new proclamation, tariffs on products like harvesters, bulldozers, forklifts, and HVAC equipment will be reduced from 25 percent to 15 percent. The Wall Street Journal said the administration also lowered tariffs to ten percent on products manufactured abroad that contain at least 85 percent...

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The Midwest will enjoy a little bit of a cooldown

The Midwest will enjoy a little bit of a cooldown

On Monday, we saw storms roll across central and eastern Iowa, which rolled to the Indiana/Ohio border. Rain, hail, tornadoes, and high wind gusts were recorded after what NOAA classified as a derecho. Wind gusts of over 100 miles an hour were recorded near New Vienna...

South American Weather and Crop Update (7-16-24)

South American Weather and Crop Update (7-16-24)

For the most part, the weather is still dry in Brazil and Argentina. While this is creating long-term concerns, it is at the very least allowing harvest to progress at a brisk pace. Allendale commodity broker Greg McBride gave an update on the latest conditions....

AFBF challenges rule that destabilizes ranching

AFBF challenges rule that destabilizes ranching

A total of 12 groups sued the Bureau of Land Management, saying the new Public Lands Rule threatens the future of ranching in the U.S. by destabilizing a long-time tradition of grazing on federal lands. Travis Cushman, deputy general counsel for AFBF, said there are...

Grassley discusses commodity prices and the ag economy

Grassley discusses commodity prices and the ag economy

United States Senator Chuck Grassley (R-IA) spoke with farm broadcasters and reporters on Tuesday and commented on the current state of the ag economy. With lower commodity prices Grassley stressed the need for updated reference prices in a new five-year farm bill. He...

Clean Fuels supports letter on higher RFS volumes

Clean Fuels supports letter on higher RFS volumes

A bipartisan group of 37 House members sent a letter to EPA Administrator Michael Regan encouraging him to support biomass-based diesel and advanced biofuel volumes that fully account for availability and production capacity. Clean Fuels thanked all the...

Japanese Beetles are abundant again

Japanese Beetles are abundant again

One of our old friends is again back in our fields this year. Japanese Beetles are being found in parts of the corn belt, and in abundant numbers. We know it doesn’t take long for the populations to take off. While they are more pest than a problem, that doesn’t mean...

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