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NPPC targets Prop 12, trade, labor in D.C.

NPPC targets Prop 12, trade, labor in D.C.

The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer from Washington, Iowa, says one of the most important parts of the conference is making sure lawmakers hear directly from the people affected by the decisions they make. A major focus of this year’s conference is preserving the...

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EPA still considering eRINS in RVO rule, Grassley opposed

The Biden administration?s Environmental Protection Agency is still considering including eRINS in its final Renewable Volume rule the agency is required by court order to issue by the middle of the month. But two Senators are leading the charge to stop that from...

Mixed bag in recent USDA Ag Trade Outlook

Mixed bag in recent USDA Ag Trade Outlook

USDA?s June Ag Trade Outlook showed a significant drop in U.S. exports from the February report. U.S. ag exports are forecast at $181 billion for fiscal year 2023, down $3.5 billion from expectations in the February forecast. Veronica Nigh, senior economist with the...

West Coast labor dispute slows port operations

Contract negotiations between West Coast longshoremen and container terminal operators faced a breakdown Friday as work stoppages effectively closed the Port of Oakland and slowed operations up and down the coast. USMEF President and CEO Dan Halstrom said the...

Be prepared for anything in your marketing plan

Be prepared for anything in your marketing plan

After Friday?s explosion in grain prices, you might be feeling pretty good about your chances to increase some profit margins with this year?s crop. While we all know that no yield is official until it is in the bin, no price forecast is official until all the...

Reinstatement of grain indemnity fund assessment moved to September 1

Reinstatement of grain indemnity fund assessment moved to September 1

DES MOINES, Iowa (June 2, 2023) ? As a result of Governor Reynolds signing House File 666 yesterday, the reinstatement of fees on grain sold to or deposited at Iowa-licensed grain dealers and warehouses as part of the Iowa Grain Depositors and Sellers Indemnity Fund...

U.S. Export Sales Report (6-2-23)

U.S. Export Sales Report (6-2-23)

This week?s export sales weren?t as negative as what we?ve been seeing recently. Overall, there are some pretty interesting things happening in the export markets. Allendale commodity broker Greg McBride provided an update on the latest export numbers from the...

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Ethanol production hits two-year high

Ethanol production hits two-year high

The Energy Information Administration says ethanol output surged to a two-year high, and inventories hit their highest points since April during the week ending on December 22. Ethanol production rose to an average of 1.107 million barrels per day, up from 1.071...