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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...
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...
SAF leaders urge Biden administration to use GREET model
Sustainable aviation fuel leaders are pressing the Biden administration to modernize its carbon measuring model for the biofuel, key to winning tax credits to attract needed investment. Seventy industry leaders, including major airlines, wrote Treasury Secretary Janet...
Farmer sentiment rises in latest ag economy barometer
The Purdue University-CME Group Ag Economy Barometer rose four points in October to 110. The modest improvement in farmer sentiment resulted from farmers' improved perspective on current conditions on their farms as well as their expectations for the future. The Index...
Ag groups team up to urge quick Farm Bill passage
Repeating the message to Congress, our Iowa agricultural representatives are calling for a quick Farm Bill Passage. The odds may be long, but the campaign is called “Farm Bill for American Families,” with more than a hundred local and national groups urging Congress...
USDA wants to “level playing field”
There is an ongoing message coming from farmers across the country. They want the same opportunities to sell their products as other farmers enjoy. Many times it is seen as a battle between large and small farms. Whatever the motivation is behind it, all farmers want...
PFI looking to help farmers seed cover crops this fall
Practical Farmers of Iowa (PFI) is looking to financially support farmers who are seeding cover crops this fall. In 2022 alone, PFI paid over 1,100 farmers over $3.1 million total to seed cover crops. Morgan Jennings, PFI’s field crops viability coordinator, said the...
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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....
Global pork production returning to profitability
A recent Rabobank report says the global pork industry is starting to shift as sow herd numbers begin to plateau after declining for some time. The stabilization is a result of better-than-expected consumption trends coupled with reduced production costs across most...
Renewable propane is a groundbreaking area of bio-based fuels
We have spent a lot of time talking about the renewable fuels marketplace. Whether it is E15, Sustainable Aviation Fuel, or even bio-diesel, we can find solutions to our energy and environmental needs in many ways. As we focus on many of these ag-based products, the...
Slow start to planting could make for an interesting May WASDE
Friday’s upcoming WASDE report is an important one, as it is the first report after the start of planting season. While the beginning of planting season has been slow, analysts are unsure of whether or not any changes will be made by the USDA. Ross Baldwin of...
Interest rates and low prices are still squeezing farmers
Rabobank’s RaboResearch team released its bimonthly North American Agribusiness Review. The report analyzes market conditions and trends in North American agriculture. Roland Fumasi, North American Regional Head of RaboResearch, said interest rates are still squeezing...
