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U.S. Export Sales Report (6-27-24)
Ahead of tomorrow’s Quarterly Grain Stocks and Planted Acres Report, today’s export sales were very ho-hum. Allendale commodity broker Greg McBride said corn continued its trend of decent export sales. Soybeans, on the other hand, are still very much behind where they should be. McBride said there haven’t been a ton of flash sales lately, but there has been a steady drip feed. McBride added that, at this point in the marketing year, corn is set to end the year close to the USDA’s goals. The...
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...
USDA continues to learn about H5N1 vs HPAI
It feels like we have had a broken record going around and around during the spring and fall of the past few years. We have talked at length about High Pathogenic Avian Influenza (HPAI). The main difference between the two is that when the virus jumped the species...
Make sure to heavily consider yield potential before replanting
The plentiful amount of rain we have received so far this crop season has been a blessing for the drought conditions across the state. In fact, Iowa is now entirely drought-free. However, receiving so much rain in a relatively short period of time also has some...
Middle East chefs and culinary students educated on U.S. beef
U.S. Meat Export Federation (USMEF) Corporate Chef Germán Navarrete is based in Mexico City, but his talents are employed throughout the world. With support from USDA and the Beef Checkoff Program, Chef Navarrete recently conducted training sessions for chefs and...
Getting the best deal possible as interest rate cuts remain elusive
To combat inflation, the Federal Reserve raised interest rates 11 times between March 2022 and July 2023. As inflation has receded, expectations for rate cuts have not materialized. 2024 has been a difficult interest environment for farmers with rates steady and no...
USDA funds to support farmworkers
Ag Secretary Tom Vilsack says the USDA is awarding $50 million to 141 awardees in 40 states and Puerto Rico. The funds come through the Farm Labor Stabilization and Protection Pilot Program and will reach 177 unique agricultural operations and more than 11,000...
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Food Bank of Iowa receives generous grant from State Farm
Earlier this week the Food Bank of Iowa received a grant from State Farm to support their goal of mobile food distribution and to help Iowans recover from last month’s tornado outbreak. The funds will provide the equivalent of tens of thousands of nutritious meals,...
Nominations open for FSA local county committees
Nominations are now being accepted for farmers and ranchers to serve on local USDA Farm Service Agency county committees. The committees make important decisions about how federal farm programs are administered locally. All nomination forms for the 2024 election must...
Ag producers facing a record trade deficit
The U.S. is facing a record-large agricultural trade deficit in 2024. Betty Resnick, an economist at the American Farm Bureau Federation, said the deficit has deepened significantly in the last two years. Resnick said there are many challenges contributing to the ag...
Emissions lawsuit against EPA filed on Tuesday
The National Corn Growers Association, American Farm Bureau Federation, and the Owner-Operator Independent Drivers Association joined the American Petroleum Institute in filing a lawsuit against the EPA. The suit, filed in the D.C. Circuit Court of Appeals, challenges...
United Soybean Board is committed to innovation
The secret to keeping the soybean markets strong is no secret. We have to keep driving demand for U.S. soybeans. It is imperative that we not only try to open up more international markets, but we also need to keep finding uses at home. The Soybean Checkoff sustains...