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Changes to Clean Fuel Production Credit can help U.S. farmers
Long-awaited updates to the Clean Fuel Production Tax Credit, known as 45Z, have been announced by the Department of Energy. These changes could benefit farmers and ranchers in the future. Brian Glenn, director of government affairs for the American Farm Bureau Federation, says the changes allow for calculations of tax incentives using the GREET model. The emission rate becomes a carbon intensity score, and the lower the score, the higher the tax credit. Congress authorized the change to the...
Most Iowa crops are entering the middle of the season in excellent condition
There haven't been too many road blocks for the crops in Iowa this year. While some storms have been severe, the plentiful weather events have provided plenty of rain. Landus Cooperative Technical Agronomist Dan Bjorklund said he has seen varying corn heights across...
New World Screwworm influence in the ag markets
The initial reaction in the ag marketplace to the first detection of New World Screwworm in a calf in south Texas in early June was a bit surprising to many market analysts. Generally, a negative headline can send the markets to the downside in a dramatic way, at...
Secretary Naig announces 11 Choose Iowa Dairy Innovation Grants during dairy month
Iowa Secretary of Agriculture Mike Naig today announced that 11 Iowa dairy farms and businesses have been awarded Choose Iowa Dairy Innovation Grants. The announcement was made during a Dairy Month visit to Gav-n-view Farm near Lansing, one of this year's grant...
Getting the most out of reciprocal trade agreements
Recently, the USDA hosted a trade mission to Argentina and Ecuador. While the two markets are distinct from each other, they also have many similarities. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg led the mission and said he was...
Soybean demand evolves beyond traditional export markets
Export markets have long been a cornerstone of demand growth for U.S. soybeans. As global populations expand and incomes rise, increasing protein consumption continues to create opportunities for soybean farmers. However, industry leaders say the future of soybean...
Neutral June WASDE report had little impact on grain prices
A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly...
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Swine producers taking advantage of strong economic factors
The swine industry has seen some rough times in recent years, but now things are finally feeling much better. When hog prices are good, it’s smart to look at ways to improve your operation while also keeping those profits intact. Chris Ford, vice president of swine...
June soybean outlook from USDA features small changes
The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets...
EPA biofuel proposal boosts soybean oil demand outlook
A proposal by the Environmental Protection Agency to increase renewable fuel blending requirements through 2027 is drawing strong reactions across the agricultural sector and boosting expectations for soybean oil demand. The proposal would raise Renewable Fuel...
Boozman renews commitment to more farm aid
Senate Ag Chair John Boozman renewed his commitment to more farm aid during a committee hearing this week. Despite acknowledging USDA’s earlier $12 billion in farm aid as a big push for the industry, Boozman pointed out the need for more to be done to stop the...
New markets emerge across Southeast Asia
Southeast Asia is becoming one of the most promising growth regions for U.S. grain exports. Rising populations, expanding economies, and a growing middle class are creating new demand for livestock feed, food ingredients, and transportation fuels across the region....
