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News from May Cattle on Feed Report
The May Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. Total inventory was up 2% year over year, that was driven in part by a 6% increase in April of cattle placed in feedlots compared to last year. McConnell says that marketings of fed cattle decreased 10% from the previous year. That was USDA livestock analyst Michael McConnell.
Rising farmer sentiment in March surprised some industry experts
Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...
AFBF continues to push for new farm bill
The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...
NCGA survey shows rising alarm over fertilizer costs
U.S. corn farmers are growing increasingly concerned about fertilizer affordability and availability, with worries extending beyond the current planting season. That’s according to new survey results released by the National Corn Growers Association. Surveys conducted...
Spring volatility gives way to El Niño watch
Spring weather across Iowa and much of the Midwest has been delivering the kind of rapid temperature swings farmers know all too well. Warm afternoons that hint at an early planting push have quickly been followed by colder air, gusty winds, and even lingering shots...
Quiet April WASDE report still contained important information
The April WASDE report lined up with the market expectations and made virtually no changes this month. However, that’s not to say that the report did not contain valuable information moving forward. Allendale commodity broker Greg McBride said the April WASDE included...
Projecting demand for grilling season as beef prices soar
Every year the meat industry can rely on a spike in demand for meat during the summer grilling season. However, with beef prices at extremely high levels in stores, will demand this grilling season be as high as it typically would be during the spring and summer...
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AG trade deficit drops 42 percent
New numbers from USDA show progress in reducing the U.S. agricultural trade deficit, but officials say there is still more work ahead to return to a long-standing trade surplus. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says when the...
Iowa FFA members fight food insecurity at annual convention
Since 2012, Iowa FFA members have helped package pre-made meals to fight food insecurity during the annual Iowa FFA Leadership Conference. Servant leadership is one of the core values of the FFA, which means that events and opportunities like this truly resonate with...
USDA launches National Proving Grounds Network for AgTech
USDA’s recently launched National Proving Grounds Network for AgTech is designed to help ag-tech companies develop products that can help farmers be more profitable and successful through real world testing. USDA Under Secretary for Research, Education, and Economics...
Senators introduce bill aimed at stabilizing farm labor costs
U.S. Senator Ted Budd of North Carolina and several Republican colleagues have introduced legislation aimed at stabilizing agricultural labor costs and providing greater certainty for farmers. The proposal, known as the Farmworker Access and Retention Modernization,...
U.S. red meat exporters connecting with buyers in Mexico
Exporters of U.S. beef, pork, and lamb met face-to-face with buyers from across Mexico last week at the U.S. Meat Export Federation’s second U.S. Red Meat Symposium in Mexico City. One of those exporters was Mark Spengler of Greater Omaha Packing Company, who...
