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USDA cattle numbers show ongoing herd decline

USDA cattle numbers show ongoing herd decline

The USDA released its latest Cattle Inventory Report last Friday, just ahead of this week’s National Cattlemen’s Beef Association convention in Nashville. While the overall change in cattle numbers was modest, the data continues to reinforce a long running trend of tightening supplies across the U.S. beef industry. As of January 1, 2026, the total U.S. cattle and calf inventory stood at 86.2 million head, down slightly from a year ago. The report keeps the industry on a familiar trajectory, as...

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USDA extending deadline for Spot Market Hog Pandemic Program

Hog producers who sold hogs through a spot market sale during the COVID-19 pandemic now have until April 15, 2022, to submit their applications for the U.S. Department of Agriculture?s (USDA) Spot Market Hog Pandemic Program (SMHPP). SMHPP, which is part of USDA?s...

Naig excited for planters to start rolling in Iowa

Naig excited for planters to start rolling in Iowa

We?re about to turn the page on February, which means planting season is right around the corner.Iowa Secretary of Agriculture Mike Naig tells IARN affiliate KMA that spring planting season is an exciting time of the year. Weather is always a pivotal factor in...

Iowa Legislature passes massive tax cut

Iowa Legislature passes massive tax cut

The Iowa Legislature has passed a bill that revamps the state?s income tax system.The Iowa House and Senate on Thursday gave approval to House File 2317. The bill lowers the state?s income tax rate to 3.9%, lower than the 4% Governor Reynolds called for during her...

Increased soybean acres can be profitable for Iowa farmers

Increased soybean acres can be profitable for Iowa farmers

While the markets are even more volatile in the past hours and days than they already have been, the prices are still very good. However, the costs of inputs for corn are continuing to climb, and the current unease in the Black Sea means will probably continue to do...

Food prices below overall inflation in 2021

Food prices below overall inflation in 2021

Overall, food prices increased by an average of 3.9 percent in 2021 compared to 2020, the highest annual increase since 2008. USDA's Economic Research Service released new data Wednesday that shows food prices grew more slowly than "all items," but more quickly than...

NCBA lauds USDA?s processing capacity funding

NCBA lauds USDA?s processing capacity funding

The National Cattlemen?s Beef Association welcomes the USDA?s $215 million commitment to enhance the American food supply chain.USDA officials Thursday announced the availability of up to $215 million in grants and resources as part of a continued effort to strengthen...

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U.S. Export Sales Report (12-15-22)

Today?s report actually provided some good numbers for the markets to react to. We likely won?t see anything monumental as we approach the end of the year, but we?ll gladly take positive export sales. Allendale commodity broker Greg McBride provided an analysis of the...