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Secretary Naig announces start of construction on Middle Cedar watershed project
Iowa Secretary of Agriculture Mike Naig announced today that construction is starting on a “batch and build” water quality project in Tama and Grundy Counties. This project, led by Heartland Co-op, will include the installation of 14 saturated buffers and four bioreactors. These proven edge-of-field practices, which are outlined in the Iowa Nutrient Reduction Strategy, improve water quality and reduce the loss of nutrients, like nitrates, into Iowa’s waterways. Together, these 18 practices...
Fuel price spreads in unchartered territory
Fuel prices reached record levels this month, and price spreads have been in unchartered territory. Scott Wilson, Energy Customer Risk Manager with Growmark, says fear has been fueling the markets.Supply issues have been supporting diesel prices. Wilson says diesel...
Vilsack says pandemic was a wakeup call for nutrition insecurity
USDA Secretary Tom Vilsack says nutrition security concerns grew during the COVID-19 pandemic.During a recent appearance at the Teacher?s College at Columbia University, Vilsack said his agency is concerned about nutrition security.?We learned from this pandemic, the...
Midwest 2022 weather concerns
Severe weather is a concern for the Midwest this year, as it always is. Eric Snodgrass of Nutrien Ag Solutions cited the December 15th outbreak as a sign of more severe outbreaks to come.?That December 15th event, it went from Colorado to Wisconsin and nine hours,...
USDA updates eligibility for Spot Market Hog Pandemic Program
The U.S. Department of Agriculture (USDA) has clarified the definition of a spot market sale and hog eligibility under the Spot Market Hog Pandemic Program (SMHPP), which assists producers who sold hogs through a spot market sale from April 16, 2020, through Sept. 1,...
Congresswoman Hinson calls for nationwide waiver for biofuels
Not since 2008 have fuel prices been this high, and we have surpassed the records set fourteen years ago. The hit to the wallets of Americans is staggering, especially at a time when we are seeing high inflation on the costs for all our necessities, including food....
U.S. Export Sales Report (3-17-22)
This week?s U.S. Export Sales Report was positive overall. Allendale?s Director of Brokerage Mike Lung said corn exports exceeded expectations, while soybeans came within expectations.?Corn beat expectations, coming in at 2,040- the high end was 1,600- and soybeans...
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Former USDA-FSA Director gives his take on Congressional shift
With the Midterm elections nearly a month behind us, we know that Congress will look a little different next January. Republicans took control of the House of Representatives and Democrats took outright control of the Senate. This means bipartisanship or continued...
Opening Market Podcast- Jim McCormick AgMarket.Net 11-30-22
Grains & Hogs are starting positively, cattle not so much. Jim McCormick of AgMarket.Net talks with Dustin about better-than-expected inflation news, the Chinese Covid Situation, and South American crop outlooks.
Senators Ernst, Grassley push to bring E15 certainty to the pump
WASHINGTON ? U.S. Senators Joni Ernst (R-Iowa) and Chuck Grassley (R-Iowa), members of the Senate Agriculture Committee, joined a bipartisan group of Midwest senators on a push to expand the year-round sales of E15 nationwide. The Consumer and Fuel Retailer Choice Act...
Farmers need to be proactive when fighting tar spot
Tar spot has continued its invasion of Iowa in 2022. The invasive disease that was first found in the eastern corn belt several years ago has continued its westward trek into the state of Iowa and was found throughout the state this year.Rod Jurgens, a farmer from...
South American Weather and Crop Update (11-29-22)
Once again, the weather in South America is favorable for Brazil, but it is still very dry in Argentina. This means that Brazil is anticipating a great crop, while Argentinian farmers are hoping they can get a crop in the ground at all. Allendale commodity broker Greg...
