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Increased tariffs on Chinese imports could cause retaliation
The Biden administration is continuing current tariffs and adding new ones. Dave Salmonsen, senior director of government affairs with the American Farm Bureau Federation, says that the increases are primarily tech focused. Salmonsen says there are a couple of reasons the administration made the move. While the tariffs likely won’t take effect until fall, Salmonsen said there’s still the possibility of retaliation against U.S. agricultural exports to China. For more information, visit...
Iowa crop progress and condition report
Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...
NK soybeans striving for “versatility and consistency” in 2024
Each year more Midwestern farmers are adopting the practice of early soybean planting. When conditions allow for early planting, farmers are opting to plant soybeans earlier in the hopes of eventual increased yields. However, during a tricky planting season like the...
Ernst discusses latest biofuels developments
Yesterday, we shared the thoughts of Growth Energy’s Emily Skor about the state of things in the ethanol sector. One of the things that she mentioned she was most concerned about was what she perceived to be the waning support of lawmakers to find a permanent solution...
Finding profits in tight profit margins
Profit margins are always tight for farmers, with some years feeling tighter than others. However, there’s almost always a way to look through those margins and find the best profit levels possible. Chad Hart, Iowa State University professor of economics and ISU...
First quarter of 2024 sees phenomenal pork exports
The U.S. Meat Export Federation says March exports of U.S. pork were steady with last year’s volume but were slightly higher in value, according to data released by USDA. Kelli Wicks, manager of market growth for the National Pork Board, said diversification has been...
NCBA official outlines difficult final stretch for farm bill
House Ag Chair GT Thompson has set a May 23rd markup date for his GOP farm bill proposal, but there is still a long road ahead for the proposal. NCBA’s Executive Director of Government Affairs Allison Rivera says she is encouraged that House Ag Chair GT Thompson has...
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Grassley wary of Chinese response to increased tariffs
On Tuesday President Biden announced a surge of increased tariffs on imported Chinese products under Section 301 of 1974’s Trade Act. The tariff hikes will be applied to $18 billion worth of imports from China including electric vehicle batteries and computer chips....
Hog prices much more stable now than a year ago
After soaring to yearly highs recently, the hog prices, along with the rest of the livestock, have come back down to earth. While we would’ve liked to maintain those higher levels, it’s important to remember that hog prices were considerably worse just a year ago....
Deadline approaching for century and heritage farm applications
The June 1 deadline for eligible Iowa farm owners to apply for Century or Heritage Farm recognition is quickly approaching, and the Iowa Department of Agriculture and Land Stewardship is encouraging farm families to apply today. The program, which was created in...
Spring warmup can be dangerous for stored grain
Spring warmup can be hard on stored grain, as the sun can cause bins to heat up very quickly. GSI District Manager Dave Ellis said it’s important to properly manage grain bins. Eilis said temperature management is key to proper grain storage. Ellis added that remote...
Ag loan interest payments are starting to soar
The economy is in a tough spot across the board, no matter how government officials want to try and spin it. Interest rates are climbing higher and that is causing problems for borrowers, especially in the agriculture sector. Agricultural operating loans, land loans,...