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Farm credit conditions weaken across Upper Midwest
Financial pressure is building in farm country. The Federal Reserve Bank of Chicago reports that agricultural credit conditions across the Upper Midwest weakened in the second quarter compared with a year ago. Bankers highlight commodity price volatility, high production costs, and tighter cash flow as key challenges. Chicago Fed Policy Advisor David Oppedahl says cash flow issues are causing severe loan repayment problems, hitting an all-time high since 2020. Rather than borrowing to expand...
US hog inventory edges lower; productivity ticks up
The U.S. hog and pig inventory totaled 73.7 million head as of June 1, down slightly from a year earlier and from March, USDA said Thursday in its quarterly report. Market hogs accounted for 67.8 million head, while 5.88 million were kept for breeding, according to...
Next week’s heat dome could stress Iowa crops
We’re roughly halfway through the growing season here in Iowa, and there are varying crop conditions across the state. Much of the crop looks very strong currently, but there are some areas struggling with disease, pest, and weather issues. Dan Bjorklund, technical...
Uncertainty around Brazil’s production forecast for 2027
Brazil’s corn and soybean crops could have a major impact on global grain markets. Joanna Colussi, a research assistant professor of agricultural economics at Purdue University, identified fertilizer as the root of the problem. Colussi discussed how the stagnant...
Screwworm far from Iowa, but worth watching
New World Screwworm remains hundreds of miles from Iowa, with confirmed cases confined to parts of Texas, New Mexico, and Mexico. While there is no indication the pest is moving into Iowa anytime soon, state officials say it's important for livestock producers to...
Heavier cattle weights bring bonuses and challenges at marketing time
As everyone knows by now, the total number of cattle in the U.S. herd is historically low. One of the ways that the low supply is being compensated for to meet the high demand for beef is by keeping cattle on feed longer and feeding them to heavier finishing weights....
Soybean growers applaud Supreme Court decision on glyphosate
The American Soybean Association is praising a U.S. Supreme Court ruling that federal pesticide labeling requirements take precedence over state failure-to-warn claims. The decision in Durnell v. Monsanto found that pesticide labels approved under federal law cannot...
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A different perspective on California Proposition 12
California Proposition 12 may be here to stay, as the Senate Farm Bill does not include any legislation to address it. Several swine industry groups, including the National Pork Producers Council, expressed their disappointment in the decision and are working to get...
Honoring family farm dogs across the country
If you think your farm dog has what it takes to be named Farm Dog of the Year, the American Farm Bureau Federation has the contest for you. For Terri Moore, vice president of communications for AFBF, the event sheds light on the importance of dogs on many family...
Boozman seeks to shift foreign food aid to USDA in farm bill
Senate Ag Committee Chair John Boozman says that USDA should operate foreign food aid programs, not the State Department. Boozman, says he hopes to make the switch if he can pass a new farm bill. Most U.S. foreign food aid was transferred to the State Department after...
Missouri River runoff remains well below average
Runoff into the Missouri River Basin remains well below normal, prompting the U.S. Army Corps of Engineers to shorten this year's navigation season. June runoff above Sioux City, Iowa, totaled 2.9 million acre-feet, just 52 percent of average. The Corps now forecasts...
House Ag ranking member calls for stability
House Agriculture Committee Ranking Member Rep. Angie Craig says Congress must do more to address the financial challenges facing American farmers. During a press call with agricultural reporters, the Minnesota Democrat argued that continued economic uncertainty and...
