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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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Ernst: 45Z must reflect Iowa farm practices

Ernst: 45Z must reflect Iowa farm practices

As federal agencies continue working through the rulemaking process for the 45Z clean fuel production credit, Iowa Senator Joni Ernst says the final guidance must reflect the work farmers are already doing on the ground. She says she and Senator Chuck Grassley have...

U.S. Export Sales Report (3-26-26)

U.S. Export Sales Report (3-26-26)

It’s been a volatile time in the ag marketplace, and that is no different for the export sales. This week’s numbers were a bit of a mixed bag. Allendale commodity broker Greg McBride said the corn sales are still strong overall. McBride said the soybean sales were...

RVO announcement coming very soon

RVO announcement coming very soon

The renewable fuels industry has been long awaiting the Environmental Protection Agency's release of the latest Renewable Volume Obligation blending requirements which are expected to be announced very soon. Lee Zeldin, administrator of the Environmental Protection...

Food and agriculture generate 20 percent of all U.S. economic activity

Food and agriculture generate 20 percent of all U.S. economic activity

Every year, the Feeding the Economy report provides a comprehensive look at the full economic footprint of U.S. food and agriculture. Among the report’s biggest takeaways is that food and agriculture support $10.4 trillion in total U.S. economic output, representing...

New “Product of the USA” label will provide consumers with clarity

New “Product of the USA” label will provide consumers with clarity

During the National Agriculture Day event on Tuesday in Washington, D.C., Ag Secretary Brooke Rollins introduced a campaign regarding USDA’s new “Product of the USA” labeling standard that took effect on January 1. Rollins said the new voluntary label signifies meat...

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U.S. Export Sales Report (4-2-26)

U.S. Export Sales Report (4-2-26)

The Quarterly Grain Stocks report showed that demand for soybeans is not where it should be. The weekly export sales stayed in line with that data. Jason Meyer of AgMarket.Net gave a breakdown of the report and said that U.S. bean prices aren’t able to compete with...

Diesel prices hit record highs

Diesel prices hit record highs

Oil prices have been on a rollercoaster ride ever since the United States and Israel started bombing Iran. Initially, oil prices moved higher, but last week, oil prices dipped after President Trump paused attacks on Iran. But since those have resumed, oil prices have...