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Growing crush capacity shifts soy demand priorities
For decades, one of the soybean industry's biggest challenges was finding new markets for soybean oil. Today, however, the conversation is changing. Growing demand from renewable diesel and other biofuel markets has helped create new opportunities for soybean oil, while expanded processing capacity is creating a new challenge: finding markets for increasing supplies of soybean meal. When I visited Washington, D.C., I spoke with Pat Giberson, a New Jersey farmer and member of the United Soybean...
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...
U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together
The U.S. Meat Export Federation (USMEF) is conducting a U.S. Red Meat Symposium, April 14-17 in Mexico City, which will allow U.S. exporters to meet face-to-face with importers and other prospective customers from throughout Mexico. This is the second edition of the...
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...
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U.S. Export Sales Report (4-23-26)
This week’s export sales were better than what we’ve seen recently, but it was otherwise a muted report. Allendale commodity broker Greg McBride said the corn sales were strong once again. While the soybeans sales weren’t outstanding, McBride said they were above the...
Input costs aren’t dropping alongside inflation
General inflation has cooled off from the high points in recent years, but input costs are not following suit. Dr. Michael Langemeier is the director of Purdue’s Center for Commercial Agriculture, and he said farm input prices don’t always follow inflation up or down....
Funding now available through the Specialty Crop Research Initiative
Funding is now available for research and development in specialty crop agriculture through a USDA support program. National Institute of Food and Agriculture Associate Director Rachel Melnick says there is more funding available compared to last year. Melnick...
ICGA applauds year-round E15 amendment inclusion in House farm bill
The Iowa Corn Growers Association (ICGA) has advocated for year-round, nationwide E15 for more than 15 years—a goal that remains a top priority as farm families face tightening margins and market volatility. With the recent introduction of an amendment to the House...
New export markets boost Iowa agriculture
As the U.S. works to expand agricultural trade, USDA officials say diversifying export markets is becoming more important for long-term stability. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says relying too heavily on one major buyer...
