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Farm gate receipts are down, farm lending is up

Farm gate receipts are down, farm lending is up

Third quarter financials continue to demonstrate the tough situation in farm country this year. Joe Mahon, Regional Outreach Director at the Federal Reserve Bank of Minneapolis, says their third quarter survey of agricultural bankers in the Fed’s Ninth District show cash flow is down. Mahon expands on the financial situation for rural Americans. That was Joe Mahon of the Minneapolis Fed.

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Iowa Corn Growers congratulate California on approval of E15

Iowa Corn Growers congratulate California on approval of E15

Yesterday in California, Governor Newsom signed Assembly Bill 30, which legalizes the sale of E15, a fuel blend made with 15% corn ethanol that is cleaner-burning, homegrown and more affordable than ordinary fuels. With the addition of California, it is now legal in...

District Court advances ranchers’ challenge to tag mandate

District Court advances ranchers’ challenge to tag mandate

A legal challenge over the USDA’s electronic identification (EID) tag mandate for certain cattle and bison is moving forward after the U.S. District Court for the District of South Dakota denied much of the USDA’s attempt to dismiss the case. The lawsuit, brought by...

Ag marketplace is navigating blind without USDA reports

Ag marketplace is navigating blind without USDA reports

With the government shutdown in full effect, there won't be any export sales reports until Congress can pass a budget resolution. However, we can still look at the estimates this week for a rough idea of what the sales might look like. Allendale commodity broker Greg...

Government shuts down as Congress fails to pass budget resolution

Government shuts down as Congress fails to pass budget resolution

The Congressional budget year runs through September 30, and the clock has recently run out. Emily Buckman, director of government relations for the American Farm Bureau Federation, said Congress was unable to reach an agreement to keep the federal government open....

Farm gate receipts are down, farm lending is up

Favorable fall weather conditions assisting Iowa’s farmers

Mother Nature is lending a helping hand to farmers this week as conditions are excellent for many aspects of agriculture. USDA meteorologist Brad Rippey says the Central U.S. is experiencing nearly ideal conditions for both harvest and planting cover crops. Rippey...

California Governor signs landmark E15 legislation

California Governor signs landmark E15 legislation

In a historic move, California Governor Gavin Newsom today signed Assembly Bill 30 into law, authorizing the sale of gasoline blends containing up to 15% ethanol (E15) at retail fuel stations across the state. With this action, E15 is authorized for sale by all 50...

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Strong potential for U.S. beef and pork in UK

Strong potential for U.S. beef and pork in UK

U.S. Meat Export Federation (USMEF) Chair-Elect Jay Theiler, executive vice president of corporate affairs for Boise-based Agri Beef Co., recently traveled to the United Kingdom on a trade mission with Idaho Governor Brad Little. Theiler said the group met with...