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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...
Grassley calls for common sense on SAF tax credits
United States Senator Chuck Grassley (R-IA) says the next version of the Sustainable Aviation Fuel tax credit needs common sense, something he says is lacking in this year’s credit that’s due to run out in December. Senator Grassley says the 45Z tax credit due by the...
U.S. hog inventory up one percent
The U.S. inventory of all hogs and pigs on June 1 was 74.5 million head. USDA says that was up one percent from June 1, 2023, and up slightly from March 1, 2024. Breeding inventory, at 6.01 million head, was down three percent from last year and down slightly from the...
Keep your sprayers in tip-top shape
As the wet weather has us thinking about fungicides, and we plan for late-season herbicides and insecticides; it is good to make sure you are doing everything you can to keep your sprayer running efficiently. Your bottom line is going to heavily weigh on this...
Smithfield foods closing its Altoona Iowa facility
Smithfield Foods will close its Altoona, Iowa, ham boning facility and consolidate the production volume at other locations to improve the efficiency of its manufacturing platform. Smithfield says it will provide transition assistance to the 314 employees at the...
July weather forecast for the Midwest and Corn Belt
With July a critical month for crop growth in Iowa, growers have their eyes fixed on the latest weather forecasts in hopes of timely rains for their crops. USDA meteorologist Brad Rippey says a cooler trend is in store for parts of the Midwest and Corn Belt to begin...
Cover Crop Business Accelerator from PFI and ISA celebrates 5 years
Practical Farmers of Iowa and the Iowa Soybean Association offer their Cover Crop Business Accelerator (CCBA) program to support cover crop adoption in the Midwest. The program is now in its fifth year, and it helps new and emerging cover crop businesses with the seed...
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Pork industry using research to overcome trade barriers
Recently published research demonstrates how Pork Quality Assurance® Plus on-farm standards and partnerships between national pork organizations and USDA can overcome trade barriers specific to trichina. Courtney Knupp, vice president of international market...
USMEF honoring recipients of two prestigious awards
The U.S. Meat Export Federation (USMEF) announced the 2024 recipients of its two most prestigious awards, who will be honored Nov. 7th at the USMEF Strategic Planning Conference in Tucson, Arizona. Nick Giordano, the former lead lobbyist for the National Pork...
Seed technology advancements helping growers stay one step ahead
With a very wet start to the growing season followed by an extremely dry and warm finish in August and September, the weather has thrown a lot of curveballs at growers this year. Eric Bartels is a northwest Iowa Beck’s Hybrids agronomist, and he says that advancements...
Distressed agricultural borrowers get $250 million in USDA assistance
The Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 of the Inflation Reduction Act. With the assistance more than 4,600 producers across the country will...
Nutrien makes multi-year commitment to FFA
Later this week the National FFA convention will be expected to hit a record attendance in Indianapolis. More than 70,000 students from all over the country are set to assemble to discuss agricultural leadership and gain more insight into leadership training and the...
