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Bankruptcy filings signal ongoing farm financial stress
Farm bankruptcies across the country remain at levels not seen since the disruptions of the COVID era, and legal experts say that should concern producers and lenders alike. While the pace of filings this year is similar to last year, that does not mean the farm economy is in the clear. Austin Peiffer, an attorney with Ag and Business Legal Strategies in Hiawatha, says the numbers remain elevated compared to historical norms. The American Farm Bureau Federation reports there were at least 158...
Swine producers taking advantage of strong economic factors
The swine industry has seen some rough times in recent years, but now things are finally feeling much better. When hog prices are good, it’s smart to look at ways to improve your operation while also keeping those profits intact. Chris Ford, vice president of swine...
June soybean outlook from USDA features small changes
The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets...
EPA biofuel proposal boosts soybean oil demand outlook
A proposal by the Environmental Protection Agency to increase renewable fuel blending requirements through 2027 is drawing strong reactions across the agricultural sector and boosting expectations for soybean oil demand. The proposal would raise Renewable Fuel...
Boozman renews commitment to more farm aid
Senate Ag Chair John Boozman renewed his commitment to more farm aid during a committee hearing this week. Despite acknowledging USDA’s earlier $12 billion in farm aid as a big push for the industry, Boozman pointed out the need for more to be done to stop the...
New markets emerge across Southeast Asia
Southeast Asia is becoming one of the most promising growth regions for U.S. grain exports. Rising populations, expanding economies, and a growing middle class are creating new demand for livestock feed, food ingredients, and transportation fuels across the region....
Most Iowa crops are entering the middle of the season in excellent condition
There haven't been too many road blocks for the crops in Iowa this year. While some storms have been severe, the plentiful weather events have provided plenty of rain. Landus Cooperative Technical Agronomist Dan Bjorklund said he has seen varying corn heights across...
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Scouting now helps manage future rootworms
Corn rootworm larvae are already active in many Iowa fields, but much of the damage they cause remains hidden below the soil surface. Agronomists say that makes scouting and monitoring especially important, even when crops appear healthy above ground. Dan Etter, a...
Swine industry is combatting misinformation about California Prop 12
True animal welfare starts with supporting hog producers, not creating legislation to impede their ability to raise their livestock. As swine industry leaders push to get legislation to nullify California Proposition 12 on the Senate version of the farm bill, another...
Grassley discusses the USMCA ahead of July 1st review
Last week President Trump said that he does not plan to renew USMCA (U.S.-Mexico-Canada Agreement) ahead of its mandatory July 1 review. On Tuesday United States Senator Chuck Grassley (R-IA) was asked about the president’s comments and whether Grassley and other...
U.S. Senators call for more action against NWS
A bipartisan group of U.S. senators is urging the USDA to take additional steps to contain the growing New World Screwworm outbreak in the U.S. The lawmakers, led by Senator Amy Klobuchar of Minnesota, sent a letter to USDA expressing concern about the threat the...
USDA reports mixed red meat exports for April
USDA data release compiled by the U.S Meat Export Federation (USMEF) seemed encouraging for U.S. pork exports as a strong momentum was maintained throughout April. USMEF President and CEO Dan Halstrom reports an 8% increase in pork exports consequent to the growth in...
