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U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer for StoneX, said we’re in uncharted territory. While most farmers have spring needs met, Linville said this is rapidly becoming a long-term supply issue that will start in the fall and continue into 2027. Unfortunately, the...

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World Dairy Summit returns to the USA

World Dairy Summit returns to the USA

There are many countries that produce dairy in the world, and even though we compete, there are common issues that need to be talked about. This is why events like the World Dairy Summit are important. This year?s summit is returning to the United States, and there...

U.S. Export Sales Report (7-7-23)

U.S. Export Sales Report (7-7-23)

This week?s export sales were an improvement on what we?ve seen lately, but there?s still no support for the old crop market. Allendale commodity broker Greg McBride provided a breakdown of this week?s U.S. Export Sales Report.McBride added that there have been some...

More options for Iowa?s beef producers

More options for Iowa?s beef producers

Senator Chuck Grassley (R-IA) says that in meeting with Iowans on his 99-county tour, he has heard many concerns about consolidation in the beef processing industry and its effect on Iowa producers.USDA recently announced it will award $25 million towards the...

EPA is leaving potential carbon reductions on the table

EPA is leaving potential carbon reductions on the table

Growth Energy, the nation?s largest biofuels trade association, recently submitted comments to the EPA on its proposed tailpipe emissions standards for light- and medium-duty vehicles for model years 2027 through 2032. Growth Energy CEO Emily Skor said the proposal is...

Soybean farmers encouraged to vote in ISA director elections

Soybean farmers encouraged to vote in ISA director elections

The Iowa Soybean Association (ISA) is driven to deliver insights, tools, activities and information to improve the competitiveness and profitability of the state?s soybean growers. This is a feat only made possible by the collective voice and checkoff investment of...

U.S. blockade in Strait of Hormuz will have long-lasting impact

Fertilizer prices continue to slide

It was less than a year ago that we were worried about how we were going to be able to afford to put fertilizer on the fields in the fall or this spring and grow a crop in 2023. How were we going to break even when some prices were topping over $1,500 per ton for...

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U.S. Export Sales Report (1-25-24)

U.S. Export Sales Report (1-25-24)

Much like the gloomy weather today, this week’s export sales were mostly harmless and uneventful. Allendale commodity broker Greg McBride gave a breakdown of the latest export numbers. Not much has changed as far as export goals are concerned, as this is usually a...