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AFBF highlights gaps in Dairy Margin Coverage Program
The Dairy Margin Coverage Program is a farm safety net program that helps U.S. dairy farmers manage risk when the gap between milk prices and feed costs shrinks. Danny Munch, an economist with the American Farm Bureau Federation, said the program has been a big help to dairy farmers. However, Munch said that recent years have highlighted limits in the program’s effectiveness because it only covers milk prices against feed costs, which doesn’t account for other input costs. Munch said Congress...
Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...
Advisors urge farmers to use tax data for broader financial planning
Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...
Nutrien programs offer revenue paths for Iowa growers
Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...
Rural America needs more ag tax professionals
Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...
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...
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Iowa State University encourages students to pursue all areas of agriculture
Today marked the final day of the 98th Annual Iowa FFA Leadership Conference. The event, which takes place on the campus of Iowa State University (ISU) in Ames, isn’t just an opportunity to connect with fellow FFA members- high school juniors and seniors often also...
Congress proposes changes to Endangered Species Act
New legislation is aimed at providing improvements and updates to the Endangered Species Act. Shelby Hagenauer, senior director of government relations for the American Farm Bureau Federation, said the organization especially appreciates the updates help to...
Findings from April Cattle on Feed Report
The Cattle on Feed Reports from USDA provide a look at the inventory of cattle in feedlots throughout the United States. The April Cattle on Feed Report shows another year over year decrease according to USDA livestock analyst Michael McConnell. McConnell points out...
U.S. to use tariff funds to offset high fertilizer prices
The Trump administration is preparing to direct tens of billions of dollars from tariffs and renegotiated trade deals toward strengthening domestic fertilizer production, according to Agriculture Secretary Brooke Rollins. Speaking before lawmakers during a House...
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...
