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Farmer Bridge Assistance program isn’t a long-term solution for economic issues
Earlier this week, the Trump Administration announced the Farmer Bridge Assistance program, which will offer $12 billion in economic aid to farmers impacted by low commodity prices, high input costs, and challenges to market access. While many farmers are appreciative of the one-time payment, they still need to see a significant long-term solution. Ryan Mulholland, senior fellow at the Center for American Progress, said the program does not address the long-term damage that has been inflicted...
Questions remain with U.S.-China trade deal
It’s been an interesting time in the soybean market, especially when it comes to trade with China. Initially, it was great to hear that the U.S. and China agreed to a trade framework that included China making U.S. soybean purchases. Jim McCormick, chief operating...
Record ethanol exports are expanding on strong demand
U.S. ethanol exports climbed sharply in August, driven by record sales to Canada and the European Union, federal trade data show. Shipments reached 188.8 million gallons, a 15% increase from July and 24% higher than a year earlier. Canada remained the top buyer at...
Revised USDA report schedule released
On Thursday USDA’s National Agricultural Statistics Service issued an updated release schedule for reports impacted by the recent government shutdown. Lance Honig of the National Agricultural Statistics Service says some of the reports can be released more quickly...
Skor outlines path to year-round E15
The push for year-round E15 is gaining new urgency as the ethanol industry looks to secure long-term certainty after months of political churn in Washington. Growth Energy CEO Emily Skor says the past year brought meaningful progress for higher blends, but the work is...
Leveraging genetic diversity to combat annual crop issues
Farmers have to deal with unique combinations of diseases, weather events, and pests each crop season. Fortunately, there are things they can do to mitigate the risks of these annual problems. LG Seeds Agronomist Dave Hoy said genetic diversity is one of the main...
Record corn crop and supply and use forecasts
In the latest USDA forecast how is the record corn crop expected to be divided between supply and demand? World Agricultural Outlook Board Chair Mark Jekanowski breaks down some of the details. The season ending average price for corn was $4.00 per bushel, that’s a...
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Creating success in the soy industry by driving demand
It’s been a challenging year financially for many farmers, especially on the soybean side of things. Tariffs, trade deals, and swinging market prices have all added a significant amount of stress. The United Soybean Board (USB) says driving demand will be the key to...
Frozen versus fresh turkey from a food safety perspective
Side dishes on the Thanksgiving dinner table receive a lot of plaudits, from mashed potatoes and gravy to green bean casserole and cranberry sauce. However, the Thanksgiving turkey remains the star of the show. And while many Thanksgiving dinner cooks are seasoned...
U.S. soybeans set for first shipment to China since May
Two cargo ships were headed for port terminals near New Orleans, Louisiana, this week to load the first shipments of U.S. soybeans to China since May. That’s according to a shipping schedule seen by Reuters. A third ship was heading to a Texas Gulf Coast terminal to...
Farmers are dealing with severe financial stress
The American Farm Bureau Federation (AFBF) is bringing attention to the financial plight of the country’s farmers and ranchers. A recent AFBF Market Intel Report shows that financial stress is severe and persistent across farm country. John Newton, AFBF vice president...
Naig says Vietnam is ready to buy more Iowa products
Iowa Secretary of Agriculture Mike Naig says the state’s recent trade mission to Southeast Asia revealed significant opportunities for Iowa agriculture in Vietnam. The delegation included Iowa commodity groups representing corn, soybeans, pork, and beef, along with...
