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Farm Credit System income up seven percent to $5.91 billion
The Farm Credit System reported that combined net income was relatively stable at $1.98 billion for the third quarter of 2024, as compared with $2 billion for the third quarter of 2023. For the nine months ending on September 20, 2024, FCS’s combined net income increased 7.3 percent to $5.91 billion. That’s compared to $5.51 billion for the same period last year. “The System continued to achieve favorable results during the third quarter and first nine months of 2024,” says Tracey McCabe,...
Soy checkoff & State organizations make investment in PNW Soy Meal Port
Earlier this week we talked about the work being done by the beef checkoff to invest dollars into continuing education. The soybean checkoff is also investing in the marketability of the soybeans that we grow. Recently a group led by the United Soybean Board (USB),...
Pro Farmer Crop Tour saw lower day one results than last year
The results from the first day of Pro-Farmer’s annual Midwest Crop Tour are lower than last year. About a thousand scouts- including our own Andy Petersen- headed out into Midwestern corn and soybean fields on Monday to objectively determine the final projections....
Many fields in southwest Iowa are looking outstanding
With some pretty cooperative weather during pollination, the fields in southwest Iowa are mostly looking great as we approach the end of the crop year. Southwest Iowa Beck’s Agronomist Nate Meyer said that, while some areas could use some rain, he’s very pleased with...
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...
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Biden announces $7.3 million investment in rural electrification
President Biden traveled to Wisconsin today to announce an investment of $7.3 billion in affordable and reliable electricity for rural America through the Inflation Reduction Act. Sixteen rural electric cooperatives across 23 states- including Iowa- will be selected...
USDA net farm income report highlights need for new farm bill
The latest Net Farm Income Report shows a 23 percent drop in net farm income compared to 2022. Zippy Duvall, president of the American Farm Bureau Federation, says farms losing a quarter of their income isn’t economically sustainable. Duvall says there are a number of...
DEKALB seed technology in the spotlight at The Field of Dreams
DEKALB corn is once again in the spotlight in eastern Iowa, with DEKALB announcing that it is the exclusive corn seed brand featured at the Field of Dreams Movie Site near Dyersville. That is DEKALB brand manager Jamie Horton who says this is the third installment of...
GHX system offers Iowa farmers a year-round seed company partnership
In the past, it seemed like once we got our seeds, our interaction with our dealers was over until it was time to order next year’s seeds. Nowadays, each season is a full year or more from planning to harvest. Seed companies are often the ones providing us with crop...
Secretary Naig announces availability of pesticide applicator testing options
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship is again offering in-person and online pesticide applicator testing options for commercial and private applicators this fall. The Department encourages...