Top Stories
As profit margins tighten, debt management is critical
As tighter margins pressure farm finances, lenders are seeing producers rely more heavily on borrowed capital to cover operating expenses. At the same time, higher interest rates are increasing the cost of carrying that debt. Chad Gent, senior vice president of retail credit with Farm Credit Services of America, said that is making cash flow management increasingly important. Gent said the impact of higher interest rates varies widely among operations, depending on their financial position and...
AFBF encouraged by progress on Renewable Fuel Standard
Environmental Protection Agency (EPA) Administrator Lee Zeldin was in Peosta, Iowa, today to announce a draft rule to reallocate renewable fuel volumes lost through small refinery exemptions. The rule would provide 100 percent reallocation of the renewable fuel volume...
Iowa native takes helm of United Soybean Board
The United Soybean Board has a new leader, and she brings strong Iowa roots to the position. Courtney Knupp, who grew up on a soybean farm in Washington County, Iowa, has taken over as CEO of the national organization. She steps into the role at a time when soybean...
Why milk components matter more than ever
New dairy research is putting a dollar value on a trait many producers have been focusing on for years: milk components. CoBank Dairy Economist Corey Geiger says the difference between top and bottom performing herds can add up to hundreds of dollars per cow annually...
Lawmakers push for reallocation of lost renewable fuel volumes
A bipartisan group of 39 lawmakers is urging the Trump administration to restore renewable fuel volumes lost through small-refinery exemptions under the Renewable Fuel Standard. Representatives Adrian Smith of Nebraska and Nikki Budzinski of Illinois led the effort,...
U.S. Export Sales Report (10-12-26)
The most recent U.S. export sales report was a continuation of the recent trends for the corn markets, but soybeans were uncharacteristically low as well. Allendale commodity broker Greg McBride said the corn sales were disappointing once again. McBride said the...
Fall migration raises concerns over HPAI
As fall migration continues, the U.S. Department of Agriculture (USDA) is urging livestock and poultry producers to stay vigilant against Highly Pathogenic Avian Influenza (HPAI). New detections continue to surface in both poultry and dairy operations. Officials say...
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More Ag News
Harvest is a good time to think about changes for next year
Plenty of rain has caused harvest delays and yield losses in fields across the state. While nothing can be changed about that at this point in the crop year, now is still a good time to make observations of what things can be improved for next year. Landus Cooperative...
August beef exports above last year while pork trended lower
Fueled by a near-record performance in Taiwan and a rebound in South Korea, August exports of U.S. beef increased year-over-year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports reached 86,362 metric tons (mt)...
More farmers using drones than ever
Just a few years ago, drones were a novelty in the agricultural world. Today they are being used in ever increasing numbers and are becoming a major part of farming operations across the country. Bernt Nelson, an economist with the American Farm Bureau Federation,...
Chinese buyers book another large round of U.S. soybeans
Chinese state-owned trading firms have purchased another 10 to 13 cargoes of U.S. soybeans, adding to a major round of buying earlier this week and signaling renewed demand from China. Reuters reports the latest purchases are scheduled for shipment between December...
Soybean checkoff partnerships drive new market opportunities
The uses for American soybeans have expanded well beyond traditional food and livestock feed markets. From renewable fuels and building materials to everyday products, soybeans are finding their way into an increasing number of applications. Developing those markets,...
