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AFBF continues to push for new farm bill
The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for the American Farm Bureau Federation, said it’s time for Congress to continue its progress. Glenn said the farm bill should be a priority when Congress returns from Easter recess. Glenn said U.S. agriculture is still working off...
Farm incomes look to slow further in Q2 of this year
After a few years of riding higher, the agriculture industry is seeing signs of slowing down. We aren?t immune to this trend, as the whole economy is experiencing negative pressures currently. Farmers know that the costs of inputs are higher, prices of grains are...
New right to repair MOUs bring industry coverage to 70%
The American Farm Bureau Federation signed two more memoranda of understanding with two agricultural equipment manufacturers. The new MOUs were signed by AGCO and Kubota, providing farmers and ranchers the right to repair their own farm equipment. The MOUs, negotiated...
Instead of cutting costs, try investing in inputs
As the crop season gets fully underway, farmers are often thinking about profitability. But when it comes to profitability, some farmers look for ways to cut costs instead of ways to make more money. Cost cutting isn?t necessarily the best place to look, though,...
Animal disease preparedness a “must have” for farm bill
A strong farm safety net is a concern that has been voiced by nearly all areas of agriculture as a ?must have? for the 2023 Farm Bill. Livestock industry leaders say that animal disease preparedness is another "must have" for the next farm bill.Recent history is proof...
USMEF Spring Conference focusing on U.S.-Mexico trade relations
U.S.-Mexico trade relations will be one of the main topics of discussion at the U.S. Meat Export Federation (USMEF) Spring Conference, which is set for May 24-26 in Minneapolis. Guest speaker Kenneth Smith Ramos, a former chief NAFTA negotiator for Mexico, said...
Grains anxiously watch weather while livestock is treading water
Grains took a beating last week. It was a fire sale of corn, soybeans, and wheat. The market conditions have really put pressure on this year?s crop, and there are still acres left to plant.We talk about the ?perfect storm? and what it takes to drive a market higher...
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Whole Milk for Healthy Kids Act looking to advance in Senate
Following the recent House passage of the Whole Milk for Healthy Kids Act, attention now turns towards the Senate to take action. National Milk Producers Federation Senior Director of Government Relations and Head of Nutrition Policy Claudia Larson, said there’s...
Ag challenges require new five-year farm bill in 2024
The one-year extension of the farm bill in 2023 did leave a bit of a sour taste in the mouth of legislators and ag groups that pushed hard for a new five-year farm bill. However, the one-year extension does serve a vital purpose says Mike Stranz, vice president of...
Tighter margins ahead in 2024
Despite a drop in key operating costs, Rabobank says contracted margins in 2023 will continue into the new year. Soybean farmers are likely to achieve good margins in the 2024 season, but corn farmers will feel their margins pressured by ample supply. Wheat margins...
Congressman Nunn talks new CRP bill & railroad debacle at the border
There are many juggling pins in the air for the agriculture industry in Washington, DC. Yesterday we talked about the E15 situation with EPA, we still need a Farm Bill, and farmers need the tools to do their jobs properly and shipping lanes that are open for us to...
South American Weather and Crop Update (12-19-23)
Spotty rain has entered the forecast in South America. While it would possibly be enough rain for our growing season, both Argentina and Brazil need significantly more rain than that. Allendale commodity broker Greg McBride gave an update on the latest weather...
