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Farm incomes drop despite abundant harvests

Farm incomes drop despite abundant harvests

Farm incomes generally decreased across the Federal Reserve Bank’s Ninth District. That’s according to lenders responding to the fourth quarter Ag Credit Survey by the Minneapolis Fed. Lenders also reported that purchases of capital inputs fell, though farm household spending continues to edge up. Demand for loans increased, while the rate of loan repayment dropped, and loan renewal and extension activity increased. Interest rates for agricultural loans fell notably. Land values in the...

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Axne talks about the Inflation Reduction Act

Axne talks about the Inflation Reduction Act

Solidly down party lines, the Inflation Reduction Act passed through both Chambers of Congress and went to President Biden?s desk, where he signed it earlier this week. While Republicans have labeled it as more ?tax and spend?, Democrats are touting the bill's...

U.S. Export Sales Report (8-18-22)

This week?s report was surprisingly good. Both corn and soybeans had the best sales they?ve seen in many weeks. Even though there?s not as much focus on the old crop sales right now, Allendale commodity broker Greg McBride said they saw some really nice numbers.As we...

ISF continues to educate youth about agriculture

ISF continues to educate youth about agriculture

The Paul R. Knapp Animal Learning Center serves as a big portion in helping educate the youth about agriculture at the Iowa State Fair. The building is filled with volunteers educating the youth about animals in agriculture. You can see animals giving live birth, the...

Iowa Farm Environmental Leader Awards presented at ISF

Iowa Farm Environmental Leader Awards presented at ISF

Iowa Gov. Kim Reynolds, Lt. Gov. Adam Gregg, Secretary of Agriculture Mike Naig, and Department of Natural Resources Director Kayla Lyon today recognized 40 Iowa farm families with Iowa Farm Environmental Leader Awards at the Iowa State Fair. The award acknowledges...

IA Egg Council continues State Fair tradition

IA Egg Council continues State Fair tradition

Agriculture is on full display at the Iowa State Fair. You can come down to the barns and see the cattle, hogs, pigs, sheep, and poultry. You can go to the animal birthing center and see baby animals that have been born recently or even born at the show. However, one...

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NPPC urges all producers to get engaged

NPPC urges all producers to get engaged

A chain is only as strong as its weakest link. We have heard that clich? so much, but we have also seen it happen. The supply chain disruptions during COVID-19 were a shining example of a weak link in the chain. That saying can also apply to being involved and talking...