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Two wars add uncertainty to grain markets
Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect impacts on farmers through higher energy costs, including fertilizer, diesel fuel, natural gas, and propane. While energy costs are one concern, Olson said geopolitical events can also influence grain prices through financial...
Meat demand is rising even as prices climb higher
As the summer grilling season kicks off, consumers may find higher prices at the meat counter. However, those prices might not reduce demand. Bernt Nelson, an economist with the American Farm Bureau Federation, said consumers are eating more meat than ever before as...
South American Weather and Crop Update (5-19-26)
After several weeks of dry weather that started to raise concerns over crop conditions, farms in Brazil finally found some relief in some timely rains. Allendale commodity broker Ben Breisch said that rain may have still come in a little too late, however. Breisch...
Grassley discusses what’s next for farm bill in the Senate
United States Senator Chuck Grassley (R-IA) says there is little room for bargaining in the Senate on a key farm bill demand from Democrats. Grassley says that Senate Ag Democrats are asking for too much in farm bill negotiations. Grassley argues that forcing states...
Right-to-repair settlement gets preliminary approval
A federal court has granted preliminary approval to John Deere’s proposed $99 million antitrust settlement involving farmer right-to-repair lawsuits. DTN said that clears the way for producers to review or challenge the agreement before final approval later this year....
NCBA says Prop 12 language critical for cattle producers
The National Cattlemen’s Beef Association says language dealing with California’s Proposition 12 law has become one of the most important livestock issues tied to the Farm Bill debate in Washington. During the recent NAFB Washington Watch event, NCBA’s Sigrid Johannes...
Younger consumers continue to cook more pork
Demand for ground pork continues to grow, driven by its versatility in the kitchen and its role as a gateway protein for younger consumers learning to cook with pork. Gen Z and millennial consumers are leading in both purchase frequency and annual spending. Neal Hull,...
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Grain markets could see another price rally in June
After making recent highs, the corn and soybeans prices have been somewhat in the red, leading some farmers to wonder if they missed out on potential profits. However, they may have another chance to take advantage of a price rally. Micheal Weidner, director of grain...
U.S. Export Sales Report (5-29-26)
This week’s export sales were on the lower end for both corn and soybeans. However, Allendale commodity broker Greg McBride said the corn sales are still at elevated levels. McBride said that the soybean sales, on the other hand, are still lagging behind. McBride said...
Domestic food trade shows open foreign market opportunities
A recent food trade show in Chicago illustrates the importance of such events in promoting U.S. farm and food goods to customers from across the globe. USDA Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg says that there are other ways to...
Four Iowans to be honored at the 10th annual Ag Leadership Conference
Iowa State University Extension and Outreach’s Ag Management and Leadership Program is now accepting nominations for the annual Iowans Impacting Agriculture recognition. This award celebrates individuals who have made significant contributions to Iowa’s agricultural...
Farm Bureau focuses on farm economy beyond Farm Bill
During NAFB Washington Watch in Washington, D.C., much of the discussion centered on the Farm Bill and whether the House would finally move legislation forward. But according to the American Farm Bureau Federation, the broader concern extends beyond any single bill...
