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ASA welcomes 45Z updates supporting U.S. soybean farmers, biofuels
The American Soybean Association welcomed actions this week from the U.S. Department of Energy and Internal Revenue Service that provide greater clarity and usability for the 45Z Clean Fuel Production Credit, an important tool for supporting domestic biofuel production and demand for U.S. soybeans. DOE updated the 45ZCF-GREET model to incorporate carbon intensity adjustments for certain regenerative agricultural practices, including practices used in soybean production. At the same time, IRS...
Iowa farmers urged to act before options disappear
As many farm operations continue working through a challenging economic environment, experts say recognizing financial problems early can make a significant difference. While many producers wait until lenders raise concerns, addressing financial issues sooner can...
Rainfall supports higher yield estimates for Iowa crops
Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...
U.S. bison gains duty-free access to European Union
Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...
Weather forecast keeping pressure on corn and soybean marketplace
While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
Tight margins make financial analysis critical
As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...
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Active August weather could boost Iowa crops
Strong thunderstorms rolled through Iowa on the opening morning of the Iowa State Fair, putting the weather front and center. While the storms may not have been what fairgoers wanted to see, the broader weather pattern could be arriving at a good time for Iowa crops....
August WASDE report drove U.S. grain prices higher
Overnight news of attacks on two Russian shipping ports had the markets higher to start the day, and the August WASDE report brought a few surprises that allowed to grain markets to hold on to those gains and go even further. Allendale commodity broker Greg McBride...
Lower disease pressure gives Iowa corn growers more flexibility in 2026
Now that we are in the stretch run of the growing season, it won’t be long until corn growers fire up their combines and begin harvesting. However, there are still a lot of things that farmers can do the rest of the growing season and during harvest to optimize their...
Fertilizer, diesel costs remain elevated heading into fall
Fertilizer and diesel prices remain well above recent-year levels, adding pressure to farmers making fall input decisions for the 2027 crop. USDA data analyzed by the University of Illinois shows anhydrous ammonia averaged $915.50 per ton on August 7, up 16 percent...
Risk Management Agency giving farmers more time to pay
USDA is giving farmers more time to pay their crop insurance bills. The Risk Management Agency (RMA) is authorizing Approved Insurance Providers to give producers up to 60 additional days to pay crop insurance premiums, administrative fees, and other amounts with...
