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Farmers can’t afford all the fertilizer they need this spring
A new American Farm Bureau survey shows a large majority of farmers can’t afford enough fertilizer this year amid skyrocketing prices. Nearly half of Midwest farmers say they can’t afford all the fertilizer they need this year. Almost 70 percent in the Northeast and West say the same, with 80 percent saying so in the South. American Farm Bureau President Zippy Duval said this has a ripple effect in the supply chain. Outside of the Midwest, AFB found that only about 30 percent or fewer farmers...
April another month of widespread growth for U.S. pork exports
As customers continue to show that they value sustainably grown food and products that they can trust, United States pork exports remain strong by adhering to those principles. Pork exports during the month of April saw opportunities for growth. Recent U.S. Meat...
Ernst: Biodiesel RVO delay doesn?t bring optimism
There was much angst earlier this week as the soybean and biofuels industries were waiting for the EPA to release its finalized Renewable Volume Obligations for biodiesel. The concern came after the EPA had previously shared its plan, and it prompted a comment period...
Farm Bureau continues advancing farmers? right to repair with another MOU
The American Farm Bureau Federation signed a memorandum of understanding with CLAAS (CLAHS) of America regarding the right to repair. This brings the number of signed MOUs with ag manufacturers to five. Combined, the agreements cover about three-quarters of the...
U.S. Export Sales Report (6-15-23)
Contrary to the recent export sales, this week?s report was actually positive. Allendale commodity broker Greg McBride provided an update on this week?s U.S. Export Sales Report.Now, the numbers weren?t exactly excellent per se, but McBride said they are relatively...
Examining the current state of the hog marketplace
The hog market made a turn for the better just before last week?s World Pork Expo at the Iowa State Fairgrounds in Des Moines. The upturn certainly made for more smiles at the expo but is this a sign of things to come or a short term turnaround?Hog market futures did...
Tentative agreement reached on West Coast port labor contract
Last night, the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) announced a tentative agreement on a six-year contract. The agreement, which covers all of the West Coast ports, brings an end to a year-long negotiation that...
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Grassley forecasts turbulent year for farm and spending bills
Senate Ag Committee member United States Senator Chuck Grassley (R-IA) thinks 2024 could be a turbulent year ahead for the farm and spending bills. In 2023 Senator Chuck Grassley accurately predicted the one-year extension of the 2018 farm bill, and now he says that...
Court upholds Iowa agriculture trespass laws
The 8th Circuit Court unanimously overruled a District Court and upheld Iowa’s 2019 and 2021 agriculture trespass laws as constitutional this week. After several organizations challenged the new law, the district court concluded that the intent requirement renders the...
Red Sea Pirates continue to impact global trade
It is bad enough when our shipping is affected by natural occurrences like drought in the Mississippi River and the Panama Canal. It puts a big obstacle in the shipping lanes and increases costs and shipping times. But when the problems are manmade, it becomes an even...
South Dakota-based Ringneck Energy joins American Carbon Alliance
Today the American Carbon Alliance (ACA) announced that Ringneck Energy has joined as a member of the ACA. Ringneck Energy is located in Onida, South Dakota, and has been in operation since 2018. They have partnered with Summit Carbon Solutions, and their plant is...
South American Weather and Crop Update (1-9-24)
There are still some dry areas in Brazil, but, for the most part, there’s been a healthy amount of rain for the region. However, there are now concerns that the rain could actually start to impact harvest progress. Allendale commodity broker Greg McBride gave an...
