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Fertilizer price probe opens as farm margins tighten
The Federal Trade Commission has opened an industrywide investigation into fertilizer prices after sharp increases during spring planting. Reuters reported that FTC Chairman Andrew Ferguson said the agency is using civil investigative demands to gather documents and testimony. The probe comes as growers face higher fertilizer and fuel costs, drought in parts of the Plains and another year of narrow margins. Reuters said urea prices have climbed 55% since shipping through the Strait of Hormuz...
Thirty million farm acres abandoned since 1986
In 2022, a University of Wisconsin study claimed that U.S. farmers had converted several million acres of pristine grassland and other “semi-natural areas” to cropland. Researcher Tyler Lark said that was in response to the Renewable Fuel Standard and ethanol...
High-tech equipment increasing demand for larger farm sheds
We talk at length about the changes we see in technology and the larger equipment we are seeing in the fields. While we focus so much on how the technology is changing the face of farming and how it makes us more efficient with our resources and inputs, we tend to...
Abnormally wet weather creates difficult nitrogen decisions
The excessive rainfall in the Midwest, which is on top of an already mild winter, is increasing the risk of nitrogen and other nutrients leaching through the soil before the crops- specifically corn- can use them. As such, farmers must decide if they need to stick...
Public Lands Council accepting rolling submissions for research funding
The Public Lands Council (PLC) this week announced a rolling notice of funding availability that accompanies the existing grant funding process for Fiscal Year 2025. This two-track process allows individuals and organizations to submit proposals at any point during...
Grassley calls for common sense on SAF tax credits
United States Senator Chuck Grassley (R-IA) says the next version of the Sustainable Aviation Fuel tax credit needs common sense, something he says is lacking in this year’s credit that’s due to run out in December. Senator Grassley says the 45Z tax credit due by the...
U.S. hog inventory up one percent
The U.S. inventory of all hogs and pigs on June 1 was 74.5 million head. USDA says that was up one percent from June 1, 2023, and up slightly from March 1, 2024. Breeding inventory, at 6.01 million head, was down three percent from last year and down slightly from the...
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Food fight: US dietary guidelines could cut meat and potatoes
Beef groups slammed recommendations for consumers to increase their protein intake via beans, peas and lentils, calling the proposal “unhinged.” A major battle is brewing over how much red meat Americans should consume — and it has the beef industry seeing red. The...
“Culture Celebrators” have a particular affinity for pork
The Culture Celebrator is one of seven consumer segments identified in an in-depth consumer segmentation study completed by the National Pork Board. Sarah Showalter, manager of business and consumer insights at NPB, said the Culture Celebrator segment shows an...
Gaining an understanding of SCN biology
We talk extensively about Soybean Cyst Nematodes, and there is a good reason. They are a fast-moving pest located in all 99 counties in Iowa. Iowa is one of only two states in the U.S. with populations in every county. The other is Illinois. So, what else can we learn...
Cold air blasts across the state
After some warmer temperatures, a blast of cold wind hit the state. It seems that the switch to winter may be upon us already, as those cold temperatures are projected to stick around for a while. Fortunately, it looks like the precipitation will stick around as well....
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...
