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USMCA renegotiation will likely take years

USMCA renegotiation will likely take years

According to one trade expert at a recent Brookings Institution event, the USMCA renegotiation process will likely take years and extend past the Trump administration. Visiting Fellow Christopher Sands told the crowd at the event that the required six-year review of the 2020 USMCA is about to shift into an annual review process. He says that process will continue for each additional year. The USMCA relies heavily on agriculture with $149 billion in U.S. farm and seafood exports to Canada and...

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Secretary Naig and INREC launch nitrogen soil sampling project

Secretary Naig and INREC launch nitrogen soil sampling project

Iowa Secretary of Agriculture Mike Naig and the Iowa Nutrient Research & Education Council (INREC) today announced a new, three-year Nitrogen Soil Sampling Project that will conduct nitrogen soil testing for farmers in targeted areas upstream from the Des...

NPPC targets Prop 12, trade, labor in D.C.

NPPC targets Prop 12, trade, labor in D.C.

The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer...

U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...

Adjustments to the soybean balance sheets in USDA April WASDE report

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

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...

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Naig optimistic on Iowa Farm Act passage

Naig optimistic on Iowa Farm Act passage

The Iowa Farm Act continues to move through the State Legislature as lawmakers work to finalize the comprehensive ag policy package before the session comes to a close. Iowa Agriculture Secretary Mike Naig says the bill has already cleared the House with strong...