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Oil group challenges Trump plan to cut biofuel import credits
A top U.S. oil trade group is opposing a government proposal to cut incentives for biofuel imports. The group joined multiple organizations in pushing back against the administration’s resolve to keep the policy in the months ahead. The criticism will force the Trump administration to either side, with farmers looking to protect and prioritize domestic supplies or refiners chasing cheaper feedstock. Both are groups loyal to President Trump. A June Environmental Protection Agency proposal would...
EIA expects continued high energy prices through 2023
The U.S. Energy Information Administration forecasts that a variety of U.S. energy prices will remain historically high through 2023. The outlook includes oil, natural gas, coal, and electricity, as seen in EIA?s June 2022 Short-Term Energy Outlook Tuesday. EIA...
NPPC opens World Pork Expo by talking about change
Since 1988, the National Pork Producers Council (NPPC) has presented the World Pork Expo. The World Pork Expo started off largely as a promotional event with a few company booths and a live animal show. However, the pork industry has changed immensely since then, so...
Pork trade slower, but mood at WPX is optimistic
The economy is making everybody rethink their budgets. It also means that trade is being affected around the globe. The Biden Administration hasn?t put the same focus on trade that the Trump administration did, and you can read into that anything you like.Political...
South Korea to open duty-free quota for imported pork
To combat inflation, South Korea is the latest country to suspend their duties on some of their imported food items, pork included. Korea?s government is planning to establish a tariff rate quota (TRQ) that will allow pork imports to enter at zero duty. Along with...
Farmers National Company: land prices up 20%
The stronger land prices of late 2021 continued higher through the first half of 2022. After a calm period at the start of the year with prices steady, prices took another jump up as a result of the outbreak of war in Ukraine and ongoing inflation fears. Farmers saw...
Navigator CO2 Ventures partners with POET for carbon capture
We have talked in the past about the new Heartland Greenway Project that will be spanning a large chunk of the upper Midwest and has much of its operation in Iowa. Navigator CO2 Ventures LLC is leading the way on carbon disposal with this project. The project is aimed...
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More Ag News
Providing carbon credit opportunities for livestock producers
Most people think of row crop opportunities when they talk about carbon credits, but there are opportunities for livestock producers who own land as well. The folks at Graze Master Group saw this potential and partnered with Agoro Carbon to offer some carbon credit...
NCBA anticipates issues with lesser prairie chicken listing
State and regional cattle groups, along with the National Cattlemen?s Beef Association, are suing the Biden administration over the lesser prairie chicken endangered species listing proposal. NCBA Associate Director for Governmental Affairs Sigrid Johannes said the...
Taking every precaution necessary to prevent African Swine Fever
The Iowa Pork Producers Association held its annual meetings at the Iowa Pork Congress in Des Moines this week. As can be expected, the African Swine Fever virus was a central topic of discussion.The national pork board recently put together a trip to Europe to study...
Ag may have a quiet year in the Iowa State House
The last few years were busy for agriculture in the state of Iowa. We saw ethanol legislation, property tax legislation, and so much more. With all that accomplished, there isn?t a whole lot left on the immediate horizon for ag under the dome of the Iowa capitol...
Research identifies $400 million in unrealized soybean value
A new partnership aims to increase soybean flower and pod retention. This unrealized value could bring $50 per acre or $400 million in economic return for U.S. soybean farmers, according to the United Soybean Board. The collaborative focus will test how heat and...
