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Feeding the Economy report shows agriculture’s impact

Feeding the Economy report shows agriculture’s impact

Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those layers, ag supports about $10.4 trillion in economic output, or about one-fifth of the entire U.S. economy. With the overall farm economy struggling, Munch said it’s vital to highlight the broad economic importance of agriculture in...

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Chaos in the cattle complex

Chaos in the cattle complex

After a sustained run of lofty prices, we have seen a substantial selloff in the cattle complex in recent weeks. Commodity broker Eric Relph of Commstock Investments says that we have seen multiple limit down moves in recent trading days. Relph says traders are now...

Ag group rolls into Washington with a message

Ag group rolls into Washington with a message

The Farmers for Free Trade motorcade made its way across the country, carrying the voices of producers worried about how ongoing trade tensions are squeezing their operations. Earlier this year, agricultural leaders cautioned the Trump administration that while they...

Food Bank of Iowa receives another crucial donation

Food Bank of Iowa receives another crucial donation

Today, the Church of Jesus Christ of Latter-day Saints brought in a second truckload of food to complete a 72,000-pound donation to the Food Bank of Iowa. This is the organization’s second donation to the Food Bank of Iowa, with the first being in February 2024. Food...

More details still needed on U.S. and China trade agreement

More details still needed on U.S. and China trade agreement

Details remain scarce on the framework agreement of a trade deal between the United States and China although some optimism has returned to the soybean complex in the ag marketplace. Chinese officials did confirm some of the details of the framework agreement...

No plan yet to open U.S. to Mexican cattle imports

No plan yet to open U.S. to Mexican cattle imports

Ag Secretary Brooke Rollins said the U.S. isn’t ready to open its border once again to cattle imports from Mexico. Despite that, Rollins said Mexico’s efforts to contain the flesh-eating New World Screwworm are progressing well. The border has been largely closed to...

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U.S. Export Sales Report (12-4-25)

U.S. Export Sales Report (12-4-25)

We’re finally seeing the export numbers for the end of October. This timeframe is when President Trump and President Xi agreed on the trade framework for U.S. soybeans. Allendale commodity broker Greg McBride said the report confirms that China did make purchases at...