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Findings from April Cattle on Feed Report
The Cattle on Feed Reports from USDA provide a look at the inventory of cattle in feedlots throughout the United States. The April Cattle on Feed Report shows another year over year decrease according to USDA livestock analyst Michael McConnell. McConnell points out that total inventory was slightly down compared to last year. He also details some of the trends from the April report. McConnell states that the trend of feeding cattle to heavier finishing weights is continuing. The next USDA...
NPB and USMEF promote U.S. pork in expanding Latin American markets
The Latin American Product Showcase is an event that is hosted by the U.S. Meat Export Federation every two years, rotating to a different Central or South American host nation.The showcase draws regional buyers and sellers from 21 countries across Central and South...
U.S. Export Sales Report (7-20-23)
This week?s export sales actually brought some good numbers this time. Allendale commodity broker Greg McBride gave an analysis of this week?s U.S. Export Sales Report.McBride also provided an update on the state of the old crop contracts as we prepare to come to the...
USDA partnership to reduce anticompetitive barriers
USDA launched a partnership with bipartisan attorneys general in 31 states and the District of Columbia to enhance competition and protect consumers in food and agricultural markets. Through the agreement, this partnership will assist the state attorneys general in...
Rain and cooler weather finally made its way to Iowa
After one of the driest Mays on record and a dry end to June, July has finally brought some relieving rains to the state of Iowa. There was also some storm damage that came along with it, but the moisture was very much appreciated. However, Iowa State Climatologist...
Dry weather & the dollar top market concerns in 23
If nothing else, we can all agree that the markets are fickle. They move wherever the winds of change blow them. Sometimes it doesn?t even need a wind, a breeze will be just as volatile. Whether it is input costs, weather, geopolitical conflicts, or even government...
Hinson continues to advocate for all-of-the-above energy strategy
Last month, the Environmental Protection Agency (EPA) released its final rule setting biofuel blending levels under the Renewable Fuel Standard. This step backwards ignores the clear benefits of Iowa biofuels and upheaves the significant progress made by the biofuels...
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More Ag News
Extended-release cattle dewormer can maximize ROI
The well-known benefits of deworming cattle include improved reproduction, higher daily gains, and heavier calves at weaning. However, using an extended-release dewormer can be a game changer that gives the greatest return on investment. Dr. Jody Wade, a professional...
Grocery prices high, further increases possible
Grocery prices, for the most part, remain high and according to the American Farm Bureau the price increases could continue. Grocery store prices have not been kind to consumer’s pocketbooks recently and AFBF Economist Bernt Nelson says that input costs and general...
Record $3.4 million in biofuels grants will expand E15 availability
The Iowa Renewable Fuels Infrastructure Program (RFIP) Board approved 74 project applications totaling more than $3.4 million in cost-share funding for Iowa fuel retailers during its quarterly board meeting last week. 73 ethanol cost-share projects were awarded, an...
USDA adds funding for specialty crop producers
As consumers, we rely on having a strong supply of vegetables, fruits, and other products to serve on our tables. However, for some producers, the challenges of getting their goods in front of consumers can be daunting. It takes financial backing to get the companies...
South American Weather and Crop Update (2-6-24)
Concerns about long-term dry weather still remain in South America, but, for the time being, there are some nice rains passing over right now. Allendale commodity broker Greg McBride gave an update on the latest weather conditions. McBride said that harvest is still...
