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Tree planting connects youth to America 250
A tree planting at the Iowa State Fairgrounds is one of many events planned this year as part of the America 250 celebration, marking the nation’s 250th birthday. Iowa Agriculture Secretary Mike Naig, who also serves as vice chair of Iowa’s America 250 commission, says the effort includes a wide range of activities across the state, from large signature events to smaller community celebrations. Naig says the tree planting effort, which includes a goal of planting 250 trees across Iowa with the...
Drought intensifies in weekly drought monitor
The weekly Drought Monitor showed drought getting worse across areas in the Midwest, South, Southwest, and the Pacific Northwest. In the Midwest, extreme heat impacted areas like Minnesota, Iowa, Missouri, Wisconsin, and Illinois. Record high temps were set in cities...
USDA releases updated 2023 farm income forecast
The updated farm income forecast for 2023 is out from USDA and as you might imagine it’s predicting a drop. The new forecast includes information that wasn’t available during their last forecast in February according to Carrie Litowski, senior economist for the USDA,...
Grains & markets both challenged as harvest approaches
If you are holding onto grain to sell before harvest, you may have checked cash bids or listened to the Basis Matters program this morning and got a big surprise. The basis level has dropped like a stone overnight. I have seen drops as small as a nickel to a buck and...
Heat hits cattle, USDA updates LIP payments
The extreme heat is taking its toll not just on crops, but also cattle says United States Agriculture Secretary Tom Vilsack as USDA is updating its payment rates for cattle losses. So, USDA Secretary Tom Vilsack says the department will update Livestock Indemnity...
Ethanol production hits three-month low
The Energy Information Administration says ethanol output dropped to a three-month low while inventories hit the lowest point since November. Ethanol production dropped to an average of 1.007 million barrels a day during the week ending on August 25. The EIA report...
South American Weather and Crop Update (8-31-23)
A little bit of rain in South America, but that’s not enough to deter farmers from finishing harvest. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. Harvest in Brazil is slightly behind the average, but McBride said this might...
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More Ag News
Ag secretary’s CCC spending discretion limited in bill
The USDA spending bill that President Biden just signed for the rest of this fiscal year limits the Ag Secretary’s discretion in spending funds from the Commodity Credit Corporation, which is USDA’s financing institution. The Ag spending bill requires the Secretary to...
AM radio supports quality of life in rural America
AM radio is a critical to rural America, according to National Farmers Union President Rob Larew. Speaking at the NFU annual convention this week, Larew said automakers shouldn’t limit access to information. “In terms of like emergency information and getting the word...
Farms received nearly a quarter of each food-at-home dollar in 2022
In 2022, farm establishments received 24.1 cents for each dollar spent on food at home and 3.6 cents for each dollar spent on food away from home. These amounts, called farm shares, highlight the different paths that food takes from farms to consumers' points of...
Low demand hurting dairy so far in 2024
The dairy industry just seems to never be able to catch a break these past few years. Regulations, trade disputes, labeling products that aren’t dairy as though they were, and the list goes on and on. As we move through these first three months of 2024. We see that...
South American Weather and Crop Update (3-12-24)
Drier weather in Brazil is providing less-than-ideal conditions for the safrinha crop that has been planted so far. Allendale commodity broker Greg McBride gave an update on the latest South American weather patterns. On the other hand, that dry weather is allowing...
