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Farmers already expect higher breakeven prices in 2027

Farmers already expect higher breakeven prices in 2027

The Purdue University/CME Group's Ag Economy Barometer declined in April as economic uncertainty caused a dip in farmer optimism for the future of their operations. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, says that corn growers are doing the math and expect even higher breakeven prices during the 2027 growing season. Despite the dip in the ag economy barometer and tightening margins for producers, many respondents to the survey indicated that they...

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A little extra work can go a long way with rotational grazing

A little extra work can go a long way with rotational grazing

As cattle producers prepare to face a year full of issues like drought and tighter margins, they need to use every resource they can to make things even a little bit easier. Grazing management can go a long way to help with that, especially when it comes to rotational...

Korean consumer confidence in safety of U.S. beef reaches new heights

In 2008, Korean citizens protested the return of U.S. beef to the market following a 2003 finding of bovine spongiform encephalopathy (BSE). Now, according to the latest consumer perception survey, a record 70% of Korean consumers say U.S. beef is safe, and nearly 70%...

Iowa Pork Producers Association welcomes new president Matt Gent

Iowa Pork Producers Association welcomes new president Matt Gent

The Iowa Pork Producers Association holds its annual meeting each year during the week of pork congress in Des Moines as the president-elect moves into the role of president. At last week’s meeting Matt Gent succeeded Trish Cook as the new president of the IPPA, with...

Food price inflation subsided in 2023

USDA’s Economic Research Service says food-at-home prices increased by five percent in 2023, much lower than the growth rate in 2022 of 11 percent. However, that was still double the historical annual average growth rate from 2003 to 2022, which was 2.5 percent. All...

State Ag Directors agree a Farm Bill must be done this year

State Ag Directors agree a Farm Bill must be done this year

We have talked a lot about the Farm Bill, its extension, and its outdated data that is still the basis for food policy in the United States. We have talked in-depth about the gridlock facing the Farm Bill in Congress and how the American people are hanging in the...

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Outlook for fall 2024 fertilizer shipments

Outlook for fall 2024 fertilizer shipments

While we just passed the 4th of July a week ago, it is not unreasonable to think about the supplies you will need for and after the fall harvest. One of the biggest inputs that will be thought about is the fall fertilizer and its availability. In the past, we saw some...