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Iowa farmers closely watching as corn futures climb above $5
August is often when the picture begins to clear up on yields and the market begins to gain confidence in the numbers. Although there is a wide range of factors that are exerting influence on the corn marketplace right now, traders are betting on smaller yields than they were earlier in the summer. On Thursday corn futures contracts mostly closed in the five-dollar range, which might have seemed unlikely early in the growing season. John Heinberg is a Market Advisor with Total Farm Marketing...
Dairy leaders push for ag labor reform on Capitol Hill
Dairy farmers from across the country took their message to Capitol Hill this week, urging lawmakers to advance agricultural labor reform and other key dairy priorities. More than three dozen advocates participated in the National Milk Producers Federation's State...
Brazil farmers facing a “perfect storm” of financial conditions
Brazil, the top global competitor to U.S. corn and soybeans, just wrapped up another huge harvest, but the next crop might have a less favorable fate. Dr. Michael Cordonnier, President of Soybean & Corn Advisor in Hinsdale, Illinois, describes a combination of...
Corn growers press Congress for solutions
Corn growers from across the country are in Washington, D.C., this week for the National Corn Growers Association's Corn Congress and fly in, where they're meeting with members of Congress and administration officials to discuss the challenges facing agriculture and...
Examining the process of becoming Prop 12 compliant
The future of California Proposition 12 is uncertain. Currently, there is no legislation to address it in the Senate Farm Bill, but several swine industry groups are still hard at work to get something included in the final version. If the farm bill were to move...
Corn and soybean inspections dropped last week
Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...
Soybean trends in USDA July balance sheets
The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...
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House approves additional farm aid
The U.S. House of Representatives has approved $12 billion in additional farm aid as part of its budget reconciliation package. John Newton, vice president of public policy with the American Farm Bureau Federation, says the struggles of the farm economy have made...
USDA moves forward with mandatory relocation despite pushback
The USDA Rural Development Mission Area intends to move nearly 3,000 members of its workforce out of the Washington, DC area, according to a report from Meatingplace. The relocation aims to modernize operations, increase accountability, and ensure federal resources...
Heavy rain hits crops in central Iowa again
Earlier this week, torrential rains hit central Iowa once again via a windbag storm. On top of the rain, heavy wind and hail damaged crops in some parts of the state. Dan Bjorklund, technical agronomist at Landus Cooperative, said that, while central and eastern Iowa...
Record voter support for E15 captures Senate’s attention
A new voter poll shows record support for all year around higher-ethanol fuel blend. Geoff Cooper, President and CEO of the Renewable Fuels Association, wants to use the data to advance year-round E15 legislation through the Senate. He explains that voter support for...
Nutrien offers producers added financial flexibility
Farmers continue to face financial pressure as depressed commodity prices and elevated input costs squeeze profit margins across the countryside. As producers look for ways to preserve working capital while still investing in their crops, financing has become another...
