Top Stories
New tariff push raises farm trade concerns
New efforts by the Trump administration to impose fresh import tariffs are drawing concern across U.S. agriculture, where producers fear another round of retaliatory trade measures could weaken export demand for key commodities. The administration is pursuing alternative tariff authorities after court setbacks challenged earlier trade actions, according to Reuters. Farm groups and commodity traders are closely watching developments because previous tariff disputes led to reduced overseas...
Fareway and Iowa Farm Bureau team up to “Meat the Need”
Recently, Fareway and the Iowa Farm Bureau teamed up to donate over 57,000 pounds of ground meat to Iowa food banks as part of the Food Bank of Iowa’s “Meat the Need” campaign. From October 30th to November 4th, one pound of lean protein was donated to local food...
Saving time by bringing the dealership to you
Farming is not an easy task. Farmers not only need to be well versed in agronomy and animal production, but they also need to be mechanics, problem solvers, and marketers as well. Anytime in agribusiness that a company can innovate and save farmers time, growers and...
HPAI cases confirmed in Taylor and Jones Counties
The Iowa Department of Agriculture and Land Stewardship and the United States Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) have confirmed positive cases of Highly Pathogenic Avian Influenza (HPAI) in Taylor and Jones Counties....
New parameters for market trade going forward
Adjusting the parameters for our cash crop trade going forward was yesterday’s WASDE report. USDA raised both corn and soybean yields along with carry-outs and probably capped the corn trade at that $4.50 to $5 level, with soybean ranges like in the $13 area. American...
Juggling the market movers
The marketplace is a very fickle place. My dad used to quip many times that “someone must have turned on the sprinklers in Chicago and they think we are getting rain” whenever the markets were down. All joking aside, it doesn’t take much to move the market, but that...
USDA raises yields in November WASDE report
Not much was expected from this month’s WASDE report, but those are seemingly always the times when we get some of the biggest surprises. Instead of waiting for the January report, the USDA raised yields for both corn and soybeans today. Allendale commodity broker...
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More Ag News
With rain delays, farmers considering delayed planting and replanting
With few workable planting days due to the rain, farmers are considering what they might have to do to make sure the crop gets planted and still performs well. This could include strategies like delayed planting or even replanting. Nate Meyer, southwest Iowa field...
Ernst critical of Biden Administration’s ag trade message
Many of you who have children or are kids at heart have probably seen the original Lego Movie®. It was a neat little story about overcoming adversity and learning the value of teamwork. The movie produced a well-known song that entered the pop culture lexicon for a...
Beef industry leaders travel to Korea and Japan
The U.S. Meat Export Federation, along with U.S. beef industry leaders, is on a global trip to see how U.S. beef is performing abroad. The trip included stops in Korea and Japan- two countries that have become great destinations for specialty cuts, among other...
U.S. Export Sales Report (5-9-24)
A neutral export sales report is favorable to the idea that the USDA will make cuts to U.S. exports in tomorrow’s WASDE report, as both corn and soybeans have fallen behind. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said...
Calls for increased ag trade opportunities continue
United States agriculture continues to push for new trade opportunities in 2024. Ted McKinney, CEO of the National Association of State Departments of Agriculture, says the Biden administration is taking more action than in past years to increase those opportunities....
