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Farmers are dealing with severe financial stress
The American Farm Bureau Federation (AFBF) is bringing attention to the financial plight of the country’s farmers and ranchers. A recent AFBF Market Intel Report shows that financial stress is severe and persistent across farm country. John Newton, AFBF vice president of public policy and economic analysis, said the factors behind the stress are well-known. Newton said trade losses heightened the challenges in an already difficult economic environment. While some help was made available in the...
Market reactions didn’t match February WASDE numbers
Today’s WASDE report was very bearish, particularly in the soybean markets, but you wouldn’t be able to tell by looking at how the market prices closed. Allendale commodity broker Greg McBride detailed the numbers from this month’s report. Those numbers would normally...
Football fans cooking 1.4 billion chicken wings for the Super Bowl
One of the largest years for NFL viewership (thanks, Swifties) is culminating in a Super Bowl matchup this Sunday between the Kansas City Chiefs and the San Francisco 49ers. Lots of eyes on the game means lots of mouths to feed, and many consumers turn to a classic...
US leading the effort in ASF vaccine development
Foreign animal disease is an ever-present worry for livestock producers in the United States. Foreign animal disease prevention and mitigation measures have been implemented throughout the livestock industry to give producers a leg up in the fight against potential...
USDA predicts large decline in farm income
USDA’s Economic Research Service forecasts that U.S. net cash farm income will decrease by $42.2 billion, or 25.8 percent, to $121.7 billion in 2024 in inflation-adjusted dollars. This is after net farm cash income decreased in 2023 by a forecast of $50.2 billion to...
Senator Ernst discusses bill on eggs and substitutes
As we see more choices showing up on grocery store shelves, consumers start to ask about what products are what. In many cases, they are taking what they read on the label as a genuine representation of the products they want to purchase. With the increase of products...
Food Bank of Iowa receives unique donation from Utah
Today, the Utah Farm Bureau Federation’s Miracle of Agriculture Foundation, in partnership with the Church of Jesus Christ of Latter-day Saints, donated nearly 3,000 food boxes to Iowa’s six Feeding America food banks. Food Bank of Iowa CEO Michelle Book said it’s a...
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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...
