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USDA soybean oil export outlook raises concerns about market volatility
New USDA projections for soybean oil exports are increasing concerns about price volatility in agricultural markets as demand tied to renewable fuels continues reshaping the soybean sector. Analysts with the University of said the government’s first 2026-27 soybean outlook projects stronger domestic soybean crushing and growing soybean oil exports, while overall soybean ending stocks are expected to remain tighter than many traders anticipated. The report said increased reliance on soybean oil...
Secretary Naig returns from trade trip to Mexico
Last week Iowa Ag Secretary Mike Naig embarked on a trade trip to Mexico. Our southern neighbor is one of our most important trading partners in the world. We must keep the dialogue open through the agreements and the disputes that we have with each other. We must...
AAI honoring Bill Northey’s legacy with “The Northey Building”
The Agribusiness Association of Iowa (AAI) Foundation recently announced that its building will be named “The Northey Building” in order to honor the late Bill Northey. Mark White, board chair of the AAI Foundation, said it was an easy decision to honor Northey’s...
South American Weather and Crop Update (2-27-24)
A bit of dryness in the upcoming forecast, but that will actually help harvest progress to continue to move along. Allendale commodity broker Ben Breisch gave an update on the latest weather conditions. Breisch said that harvest and planting progress in Brazil is...
NCBA cites priorities for elusive farm bill
The cattle industry is the latest farm sector to weigh in on its priorities for the ever-elusive farm bill. National Cattlemen’s Beef Association Policy Division Chair Kim Brackett says NCBA’s top policy priority is the farm bill. Brackett’s comments are similar to...
United States cattle on feed up slightly
USDA ended last week with the monthly Cattle on Feed Report showing slightly higher inventories on February 1. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million. The inventory...
Congressman Nunn leads Iowa delegation letter to EPA to speed up E15
It only took the Environmental Protection Agency (EPA) five or six hundred days passed their deadline to rule on an application of bipartisan Midwest governors, led by Iowa’s Kim Reynolds to let them use a provision under the Clean Air Act to allow these states to use...
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More Ag News
Making the best use of data from soil tests
Gathering data from soil tests is one of the best ways to address the needs of your crops. However, some of that data can be very complicated, so it needs to be run through the best methods and technology available in order to become actionable goals. Matt Fryer,...
Helping young people entering the beef industry
The 2024 Cattle Industry Summer Business Meeting was held in San Diego, California. Colin Woodall, CEO of the National Cattlemen’s Beef Association, observed several new attendees this year. NCBA can take steps to assist younger individuals in entering the industry....
Lawmakers won’t compromise despite outcry for new farm bill
The huge outcry for a new farm bill from hundreds of Ag stakeholder groups last month seems to have prompted little movement from either side in Congress. That’s not a surprise to United States Senator Chuck Grassley (R-IA). Over 500 Ag-related groups led by the...
Secretary Naig welcomes pesticide petition by Attorneys General Bird, Hilgers
Following the announcement today in Omaha by Attorneys General Brenna Bird of Iowa and Mike Hilgers of Nebraska that the states will jointly file a petition with the Environmental Protection Agency (EPA) regarding the regulation of pesticides, Iowa Secretary of...
Ag Bio act will keep U.S. Biobased production at home
The Plant-Based Products Council and its supporters in Congress are hopeful that legislation aimed at expanding the agricultural bioeconomy will significantly impact the upcoming Farm Bill. The proposed Ag BIO Act seeks to increase the manufacturing of plant-based...
