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Feenstra says year-round E15 has strong bipartisan support

Feenstra says year-round E15 has strong bipartisan support

On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy independent. Iowa Congressman Randy Feenstra, who earlier this year was appointed to serve as co-chair of the E15 Rural Domestic Energy Council, said this legislation has been in the works for a long time. While the bill passed narrowly on a...

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Iowa farm goes for almost $4 million

Iowa farm goes for almost $4 million

A 230-acre farm in Grundy County, Iowa, owned continually by the same family since plows first turned ground in the prairies in the 1870s, sold at a recent auction for almost four million dollars. Successful Farming says the Iowa century farm is historically...

U.S. Soy Excellence Center educating global users of American soy

U.S. Soy Excellence Center educating global users of American soy

A large part of growing demand for our agriculture products must come from educating our end users about the things they can do with our products and why our products are the industry standards for quality products. The U.S. Soybean Export Council has long been at the...

What to expect in Thursday’s prospective plantings report

What to expect in Thursday’s prospective plantings report

The USDA National Agricultural Statistics Service will release the 2024 prospective plantings report on Thursday March 28th. The report provides the official USDA survey-based estimates of U.S. farmers' planting intentions for the year. NASS mailed the survey in late...

Farm bank lending increased in 2023

Farm bank lending increased in 2023

Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7 percent to $110 billion. The American Bankers Association’s annual Farm Bank Performance Report credits elevated production costs, commodity price volatility, and a return...

South American Weather and Crop Update (3-26-24)

South American Weather and Crop Update (3-26-24)

Argentina is still dealing with crop concerns from the amount of rain they’ve gotten as of late. Even with that rain, though, dryness is still looming over South America. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in Brazil...

Vibrant market for U.S. red meat in South Korea

An agribusiness trade mission organized by the USDA Foreign Agricultural Service (FAS) is underway in Seoul, South Korea, led by Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor. The U.S. Meat Export Federation (USMEF) helped coordinate the...

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U.S. Export Sales Report (8-29-24)

U.S. Export Sales Report (8-29-24)

Export sales have turned around now, as we saw great new crop sales again this week. Allendale commodity broker Greg McBride said these numbers are exactly what we want to see right now. McBride said that increased demand has really been showing through in the flash...

USDA launches online debt consolidation tool

The USDA launched a new Debt Consolidation Tool that allows U.S. agricultural producers to enter their farm operating debt and evaluate the potential savings that might come from debt consolidation. That consolidation could come from either a local lender or the Farm...