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Trump cuts tariffs on ag equipment to 15 percent
President Donald Trump has announced tariff reductions on certain agricultural and industrial equipment, a move that could help ease some cost pressures facing farmers and machinery dealers. Under a new proclamation, tariffs on products like harvesters, bulldozers, forklifts, and HVAC equipment will be reduced from 25 percent to 15 percent. The Wall Street Journal said the administration also lowered tariffs to ten percent on products manufactured abroad that contain at least 85 percent...
Rural lenders eye finish line for overdue Farm Bill
After years of delays and temporary extensions, the long-awaited Farm Bill could finally move forward as lawmakers prepare to bring it to the House floor this week. For agricultural lenders like Farm Credit, the bill represents far more than traditional farm programs....
South American Weather and Crop Update (4-28-26)
The weather in Brazil is continuing to dry out, which is causing concerns as the crops go through the critical pollination phase. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said harvest is slowly...
Now is a great time for cattle producers to make succession plans
Farm and ranch families across the country are beginning to realize that succession planning can’t wait any longer. Dr. Shannon Ferrell, an agricultural economist at Oklahoma State University said now is a great time to think about succession planning with the current...
Grassley discusses path forward for permanent E15 legislation
A recent introduction of an amendment to the House farm bill would permanently allow nationwide, year-round sales of E15 and would help provide certainty to corn growers and fuel retailers. United States Senator Chuck Grassley (R-IA) was asked about the decision to...
Secretary Naig thanks Iowa Senate for unanimous passage of Iowa Farm Act
Iowa Secretary of Agriculture Mike Naig today thanked the Iowa Senate for its unanimous passage of the Iowa Farm Act, Senate File 2465, by a vote of 47-0. “I appreciate members of the Iowa Senate for their support in advancing the Iowa Farm Act with a strong...
Trade deals only first step for USDA
As new trade agreements take shape, USDA officials say the next step is making sure those deals translate into real opportunities for U.S. agriculture. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says securing market access is only...
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NASA technology helping farmers from space
Interest in NASA and America’s return to the Moon has surged again following the Artemis missions and the growing focus on deep space exploration. But while much of the public attention is focused on rockets and astronauts, NASA says some of its most important work is...
Encouraging Iowa consumers to buy more food locally
Every year, Iowans spend approximately $12.6 billion on food. Unfortunately, much of that money does not stay within the state. In order to bring some of this spending back to Iowa, the Iowa Food System Coalition has launched the Iowa Local Food Challenge. By inviting...
Farm industry is navigating challenging times
There’s no doubt it’s been a rough go for the U.S. agricultural sector in recent years. Rob Larew, the president of the National Farmers Union, said the passage of the farm bill out of the House provides a bit of hope. Larew said it was disappointing to see year-round...
House farm bill amendment blocks foreign adversaries from buying U.S. farmland
Foreign adversaries are barred from buying U.S. farmland under an amendment added to the House farm bill which recently passed in the House by voice vote. The bill was introduced by Florida Republican Greg Steube. Much of the land referred to by Steube is located near...
DOJ confirms probe into beef processors
The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...
