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Chief Ag Negotiator McKalip speaks with NAFB members in Washington
We talk a lot about trade and the effects it has on the agricultural economy. We have heard concerns from Ag groups about the trade situation and their worries that the administration isn’t being as aggressive on trade as possible. During the NAFB Washington Watch event, Doug McKalip, the Chief Ag Negotiator from the U.S. Trade Representative’s Office talked with the group of farm broadcasters about these concerns and more. He led off by laying out what the role of Chief Ag Negotiator is all...
South American Weather and Crop Update (4-9-24)
There aren’t really any market movers in the weather forecasts for Brazil and Argentina currently. Allendale commodity broker Greg McBride gave an update on the latest conditions. Harvest in Brazil is slightly behind the averages, but planting for the safrinha corn...
Grassley To Schumer: put the farm bill on the Senate agenda
Last week Senate Majority Leader Chuck Schumer (D-NY) issued a letter to his Senate colleagues which detailed his priorities for the Senate in the coming weeks. Senator Chuck Grassley (R-IA) says he is displeased that the farm bill was not included in the Senate...
Secretary Naig celebrates signing of foreign ownership of farmland legislation
DES MOINES, Iowa (Apr. 9, 2024) – Iowa Secretary of Agriculture Mike Naig released the following statement today after Gov. Kim Reynolds signed Senate File 2204, legislation strengthening Iowa’s Foreign Ownership of Farmland law: “Keeping Iowa’s precious and...
Fendt is forward thinking without forgetting the “little guy”
The technology we see coming through the agriculture industry is astounding. When you stop to think about how far we have come, it’s amazing that we aren’t that far removed from the days of horses working in the fields. I only need to go back to my grandfathers to...
Boosting crop efficiency in times of tight margins
When commodity prices are high, farmers might be more willing to try new and different products to ensure the best crop. However, when commodity prices are reduced, farmers are going to opt for products that they know will be reliable and effective and give them the...
Sign-ups still open for PFI’s N Rate Risk Protection Program
Farmers are always looking for ways to increase their sustainability while also improving their ROI, but sometimes that comes with an unavoidable amount of risk. Practical Farmers of Iowa (PFI) is offering its N Rate Risk Protection Program to help encourage farmers...
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How El Niño and La Niña patterns will affect the growing season
Farmers Business Network recently released a report detailing how El Niño will impact U.S. farmers this year. This growing season farmers are set to face a unique combination of El Niño in the spring and early summer and then a transition to La Niña conditions in the...
End of July Cattle Report will hurt beef industry
The USDA National Agricultural Statistics Service (NASS) recently announced it will no longer issue the July Cattle Report. Additionally, the agency is discontinuing the county estimates for crops and livestock and the Cotton Objective Yield Survey starting in the...
U.S. ethanol industry comments on Brazilian ethanol tariffs
The U.S. Grains Council, Growth Energy, and the Renewable Fuels Association jointly submitted comments to the Brazilian Chamber of Foreign Trade regarding the Brazilian tariff on imported U.S. ethanol. In October 2023, Brazil’s association of fuel importers formally...
Pork producers cautious but optimistic
The pork industry has been dealing with a lot of headwinds as we end the first third of 2024. While prices are going a little higher, consistency has been an issue. Markets have seen many radical shifts, many of which have not been good. However, uncertainty has not...
April WASDE sees little change to South American crops
The April WASDE report came and went with little to remark. This was largely anticipated, though, and the markets are ready to focus back on planting and the weather. Allendale commodity broker Greg McBride said the corn numbers were on the low side of expectations....