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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...
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...
Year-round E15 and farm aid included in Iran supplemental request
In a major breakthrough for U.S. agriculture, President Trump has included year-round E15 and billions of dollars in new farm aid in his Iran war supplemental request to Congress. The almost $88 billion war request was signed by Trump’s budget director Russel Vought...
USMCA review begins July 1 with an uncertain future
Mexico and Canada, two of the three USMCA nations, have said they want this collaboration to continue, unlike U.S. President Donald Trump. President Trump, speaking to reporters at the June G7 meeting in France, seemed unconvinced about continuing this collaboration....
Iowa response limits pseudorabies trade impacts
Iowa's response to a recent pseudorabies case demonstrated how established animal health protocols can protect both livestock and export markets. The virus was detected in a small commercial swine herd after pigs that had previously been housed in Texas were moved...
Above normal temperatures and near to below normal rainfall in the forecast
The latest 8-14 day forecast provides details on the upcoming weather for the beginning of pollination season. USDA meteorologist Brad Rippey says that the Midwest will experience some hot temperatures at the end of June and beginning of July. Rippey says the...
Premium opportunities for row crop markets
Unlike commodity crops, farmers growing premium crops can demand higher prices, with some of them being hard to grow, while others are not. Kelsey Graber, the product line manager for specialty corn at Clarkson Grain in Illinois, highlights the fact that despite...
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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...
South American Weather and Crop Update (7-7-26)
Not much has changed with the weather in South America, as dry conditions are persisting across the growing regions of the continent. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. McBride said progress for the...
Food hubs: the connecting piece for local farmers and producers
When people think of agriculture, they tend to focus only on what happens on the farm, namely planting, harvesting, or raising livestock. However, farmers still need to find a way of reaching consumers, which is where food hubs come in. Market access can be...
USDA launches modernized crop acreage reporting pilot
USDA is unveiling a new pilot program for spring-planted crops to modernize and update crop acreage reporting. USDA Undersecretary for Farm Production Richard Fordyce describes the program as “transformative.” Fordyce says it has taken too long for USDA to modernize...
Secretary Naig opens sign-up for annual cover crop cost-share program
Iowa Secretary of Agriculture Mike Naig today encouraged Iowa farmers and landowners who are planning to seed cover crops this fall to enroll in the state's annual Cover Crop Cost-Share Program. This program is open to first-time and returning cover crop users in all...
