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EU looking to further delay deforestation regulation
The European Commission has once again begun the process to delay implementation of the EU Deforestation Regulation. U.S. Meat Export Federation Vice President of Economic Analysis Erin Borror said that is good news for the U.S., as the U.S. and several EU countries are seeking to simplify the regulation for nations that carry little to no deforestation risk. The regulation, which would require importers of beef and other goods to show their products are not linked to deforestation, was...
Lower corn use in WASDE raises concerns for ethanol
In this month?s World Agricultural Supply and Demand Estimates (WASDE) report, the USDA lowered the use of corn in ethanol by 25 million bushels. Ernie Goss, director of Creighton University?s Economic Forecasting Group, said this is a bit of a concern since the...
PRRS is still a real threat to hog herds
We have been spending so much of our recent time worrying about how to prevent African Swine Fever and tracking its march around the globe. While occurrences have lessened, it is still a very real threat. However, we cannot ever put all our eggs into one basket when...
Growth in farmland values continues
Growth in farm real estate values remained strong but showed some signs of easing alongside higher interest rates. The Kansas City Federal Reserve says the average interest rates on farm loans increased from record lows at the beginning of last year to decade highs by...
Red meat demand poised for rebound in China
Consumer demand in China is returning as a COVID wave eases and residents respond to the government?s elimination of most COVID-related restrictions. This increased activity, paired with economic strength for the Chinese consumer, points to a strong second quarter for...
WHO rejects plant-based COVID vaccine
Medicago, a drug manufacturer in Quebec City, Canada, has announced that it is closing down operations. While Health Canada has approved Medicago?s plant-based vaccine, the World Health Organization (WHO) has officially given notice that Medicago?s vaccine will not...
Pork industry still waiting for Supreme Court decision on Prop 12
The United States pork industry is still on hold, waiting for a decision from the Supreme Court regarding its case against California?s Prop 12. The law would try and regulate pork that is imported to California from other states.Tyler Bettin is the director of...
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More Ag News
Quarter 2 flat for farm incomes
Earlier this year we discussed the prediction that the second quarter earnings wouldn’t be too exciting for farms across the Midwest. After all the dust has settled, we see that this prediction holds somewhat true. While we may not have seen quite the decrease we...
Grill pork this Labor Day holiday
The first tailgating weekend and the final summer holiday are right around the corner, so what locally grown meats will you be putting on the grill? Iowa is the number one pork producing state, so if that’s your protein of choice this weekend, National Pork Board’s...
Vilsack defends administration’s ethanol policy and climate-smart programs
Today, at the Farm Progress Show in Decatur, Illinois, USDA Secretary Tom Vilsack defended the Biden Administration's approach to supporting family farmers and the biofuels industry. Vilsack touted the department's Climate Smart Agriculture partnerships during his...
More affordable input costs providing options for growers
Even though harvest is just around the corner in the state of Iowa, it’s never too early to start thinking about the spring. Mike Howell, senior agronomist, with Nutrien says that once the grain is in the bins it is time to start the fact-finding process and...
Farm futures releases 2024 planting estimates
Farmers are gearing up for the 2023 harvest season with an eye already on next year’s crop. A Farm Futures August survey finds growers are expecting to plant 93.1 million acres of corn in 2024, down one percent from this year’s total acreage. Shrinking revenue...
