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Growing crush capacity shifts soy demand priorities

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...

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Rural America needs more ag tax professionals

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...

Rising farmer sentiment in March surprised some industry experts

Rising farmer sentiment in March surprised some industry experts

Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...

AFBF continues to push for new farm bill

AFBF continues to push for new farm bill

The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...

NCGA survey shows rising alarm over fertilizer costs

NCGA survey shows rising alarm over fertilizer costs

U.S. corn farmers are growing increasingly concerned about fertilizer affordability and availability, with worries extending beyond the current planting season. That’s according to new survey results released by the National Corn Growers Association. Surveys conducted...

Spring volatility gives way to El Niño watch

Spring volatility gives way to El Niño watch

Spring weather across Iowa and much of the Midwest has been delivering the kind of rapid temperature swings farmers know all too well. Warm afternoons that hint at an early planting push have quickly been followed by colder air, gusty winds, and even lingering shots...

Quiet April WASDE report still contained important information

Quiet April WASDE report still contained important information

The April WASDE report lined up with the market expectations and made virtually no changes this month. However, that’s not to say that the report did not contain valuable information moving forward. Allendale commodity broker Greg McBride said the April WASDE included...

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New export markets boost Iowa agriculture

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...