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House Ag Chair wants farm bill 2.0 in February

House Ag Chair wants farm bill 2.0 in February

GT Thompson, the chair of the House Agriculture Committee, has tentatively set a farm bill markup for the week of February 23. Politico said that’s according to three sources familiar with Thompson’s plans. While the formal text of his farm bill has yet to be introduced, it will likely have the same priorities as the version that advanced out of committee in 2024 but never became law. “Committee staff is still waiting for the cost estimates from the Congressional Budget Office, which could...

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Weather may be more impactful than Cattle on Feed report

Weather may be more impactful than Cattle on Feed report

Last week’s Cattle on Feed Report didn’t appear to be a market mover. Kyle Bumsted, a livestock market analyst from Allendale, said the report had a very neutral tone. Bumsted said there were signs of early heifer retention late last year, but that doesn’t appear to...

Economic issues impact small communities the hardest

Economic issues impact small communities the hardest

Declining farm income, reduced equipment sales, rising inventory and financing pressures, and trade uncertainty all create ripple effects that impact farmers and the communities they are a part of. A recent hearing with the Senate Committee on Small Business and...

U.S. beef attracts global interest at Gulfood show

U.S. beef attracts global interest at Gulfood show

With support from USDA and the Beef Checkoff Program, the U.S. Meat Export Federation (USMEF) is promoting U.S. beef at Gulfood in Dubai, United Arab Emirates (UAE). Gulfood is one of the world’s largest annual food trade shows, attracting prospective buyers not only...

Cattle on Feed Report shows continuing tight supplies

Cattle on Feed Report shows continuing tight supplies

USDA published the first Cattle on Feed Report of the year on Friday January 23rd with few surprises included. USDA livestock economist Michael McConnell says that tightening cattle and beef supplies were demonstrated in the numbers. McConnell says placements in...

U.S. soy exports continued growing in marketing year 2024-2025

U.S. soy exports continued growing in marketing year 2024-2025

The United States exported 68.7 million metric tons of U.S. soy, which included whole soybeans, soybean meal, and soybean oil, during the marketing year 2024-2025. That represents a 12.8 percent increase year-over-year and a 2.95 percent gain over the five-year...

Iowa farmers unlikely to see diesel relief from Venezuelan oil

Iowa farmers unlikely to see diesel relief from Venezuelan oil

Recent headlines surrounding Venezuela and its oil supply have raised questions across rural America, especially after the United States intervened in the country, removed a leader many viewed as a dictator, and announced it would temporarily control Venezuela’s oil...

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Ethanol production drops from a record high

Ethanol production drops from a record high

The Energy Information Administration said ethanol output dropped during the seven days ending on January 15. Production of the biofuel fell to an average of 1.119 million barrels a day, down from 1.196 million barrels the previous week, which was the highest level...