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USTR taking measured approach on Nicaragua

USTR taking measured approach on Nicaragua

The USTR recently announced that the U.S. will impose tariffs on all imported Nicaraguan goods that are not originating under the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). The tariff will initially be set at zero but is set to increase to 10% in 2027 and 15% in 2028. This announcement represents a much more measured approach than some of the potential actions USTR proposed in October, which included possible suspension of Nicaragua’s CAFTA-DR benefits...

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EIA: SAF production capacity will continue to grow

EIA: SAF production capacity will continue to grow

The Energy Information Administration is predicting the production capacity of sustainable aviation fuel in the U.S. to increase from 2,000 barrels a day to 30,000 barrels a day this year. That’s if all announced capacity additions manage to successfully come online....

ISU studying HPAI in raw milk

ISU studying HPAI in raw milk

A recent study at Iowa State University investigated how Highly Pathogenic Avian Influenza (HPAI) is being detected in raw milk. Dr. Rahul Nelli of the ISU Veterinary Diagnostic Laboratory talked with us about the collaboration that went into this project. Nelli gave...

Holding old crop grain could be “playing with fire”

Holding old crop grain could be “playing with fire”

We are unofficially halfway through the growing season, and we will be harvesting before we know it. Before we start, there are a few decisions that must be made. One is dealing with any old crop grain you still have in the bin. The quarterly grain stocks report at...

Climatological answers for a sudden and rapid derecho

Climatological answers for a sudden and rapid derecho

A seemingly random derecho- along with a few tornadoes- tore through the Midwest earlier this week, but was it even random at all? As always, there are answers to that in the observed climate patterns. Iowa’s State Climatologist Dr. Justin Glisan said a heat dome...

U.S. Export Sales Report (7-18-24)

U.S. Export Sales Report (7-18-24)

The export sales numbers flipped the script this week, with a rather normal week in corn and some optimism in the soybeans. Allendale commodity broker Greg McBride gave an update on the latest report from the USDA. The fairer market weather in the soybeans was...

Soybean prices facing downward pressure

Soybean prices facing downward pressure

USDA analysts are examining soybean planted acreage and other data in hopes of determining the size of the upcoming soybean crop. USDA Outlook Board Chairman Mark Jekanowski. That is less than a 1% increase over last year’s crop. USDA Outlook Board Chairman Mark...

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U.S. Export Sales Report (7-18-24)

U.S. Export Sales Report (10-31-24)

Once again, the weekly export sales have been great for both corn and soybeans. Allendale commodity broker Greg McBride said we almost had record-setting sales in both grains. Flash sales also continued to come it at a great pace. McBride said there are a few factors...