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ASA welcomes 45Z updates supporting U.S. soybean farmers, biofuels
The American Soybean Association welcomed actions this week from the U.S. Department of Energy and Internal Revenue Service that provide greater clarity and usability for the 45Z Clean Fuel Production Credit, an important tool for supporting domestic biofuel production and demand for U.S. soybeans. DOE updated the 45ZCF-GREET model to incorporate carbon intensity adjustments for certain regenerative agricultural practices, including practices used in soybean production. At the same time, IRS...
USDA invests $500 million in processors
The U.S. Department of Agriculture is investing $500 million to strengthen the nation's beef processing capacity through its Strengthening Processing for U.S. Ranchers, or SPUR, program. The funding is aimed at small and midsize meat processors, which USDA defines as...
U.S. Export Sales Report (7-16-26)
While there was no major reaction in the grain markets, this week’s export sales were good, especially for this time of year. Allendale commodity broker Greg McBride said the corn sales were decent. McBride said the soybean sales were better than expected for this...
Northern heat wave shouldn’t last long enough to negatively affect crops
A stretch of the Northern U.S. is the path of a ridge of high pressure producing high temperatures hovering around 100 degrees through the week. USDA meteorologist Brad Rippey says the northern portions of the great plains are still experiencing high temperatures that...
USDA implementing scientific research priorities
In 2026, the USDA began implementing its strategy, which builds on what has made American growers the most productive in the world: scientific research. Agriculture Under Secretary for Research, Education, and Economics Scott Hutchins believes that protecting the...
Poll reveals record voter support for E15
A new national survey shows record-high voter support for expanding access to E15, the 15 percent ethanol fuel blend, and making it available year-round. The Renewable Fuels Association says 75 percent of registered voters support wider availability of E15, while more...
Farmers remain cautious about AI technology
Artificial intelligence is becoming a larger part of agriculture, but many farmers remain cautious about adopting the technology, according to the latest Purdue University CME Group Ag Economy Barometer. The monthly survey asked producers about artificial intelligence...
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U.S. pork exports to Japan show strong rebound
Exports of U.S. pork to Japan have shown an impressive rebound in 2026. The market has faced challenges such as high energy costs and a weak yen against the U.S. dollar, but some value sectors have increasingly relied on U.S. pork loin and pork butt. USMEF President...
Grassley says farm bill markup possible next week even without McConnell
United States Senator Chuck Grassley (R-IA) says that the Senate Ag Committee could still mark up a farm bill next week before the August recess without sidelined Mitch McConnell and a GOP majority. Senator Grassley says Ag Chair John Boozman still hopes to take up...
Markets react to July USDA cattle reports
The USDA released two important reports last week that each had a direct impact on the U.S. cattle industry: the July Cattle Inventory and July Cattle on Feed Reports. Bernt Nelson, an economist with the American Farm Bureau Federation, said the two reports offer a...
ICA lead on CRP reform at NCBA summer business meeting
The Iowa Cattlemen's Association (ICA) continues to deliver results for Iowa cattle producers, both in Iowa and across the nation. At the National Cattlemen’s Beef Association (NCBA) Summer Business Meeting held in Denver, Colorado, earlier this month, ICA led...
Naig: Heat, timely rain shaping Iowa crops
Iowa farmers have faced a little bit of everything this summer. Extended stretches of heat have increased stress on crops and livestock, while scattered thunderstorms have brought much-needed rainfall to some areas and flooding, hail, and damaging winds to others....
