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Farmers trim input costs as profit margins remain tight
Farmers across the Corn Belt are reducing spending on fertilizer, seed and crop protection products as they prepare for another year of narrow profit margins. Agricultural economists and industry analysts report that many producers are carefully managing expenses after several seasons of declining crop prices and higher operating costs. While fertilizer prices have moderated from record highs seen in recent years, input costs remain elevated compared with historical averages. Farm management...
Ernst critical of Biden Administration’s ag trade message
Many of you who have children or are kids at heart have probably seen the original Lego Movie®. It was a neat little story about overcoming adversity and learning the value of teamwork. The movie produced a well-known song that entered the pop culture lexicon for a...
Beef industry leaders travel to Korea and Japan
The U.S. Meat Export Federation, along with U.S. beef industry leaders, is on a global trip to see how U.S. beef is performing abroad. The trip included stops in Korea and Japan- two countries that have become great destinations for specialty cuts, among other...
U.S. Export Sales Report (5-9-24)
A neutral export sales report is favorable to the idea that the USDA will make cuts to U.S. exports in tomorrow’s WASDE report, as both corn and soybeans have fallen behind. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said...
Calls for increased ag trade opportunities continue
United States agriculture continues to push for new trade opportunities in 2024. Ted McKinney, CEO of the National Association of State Departments of Agriculture, says the Biden administration is taking more action than in past years to increase those opportunities....
Global pork production returning to profitability
A recent Rabobank report says the global pork industry is starting to shift as sow herd numbers begin to plateau after declining for some time. The stabilization is a result of better-than-expected consumption trends coupled with reduced production costs across most...
Renewable propane is a groundbreaking area of bio-based fuels
We have spent a lot of time talking about the renewable fuels marketplace. Whether it is E15, Sustainable Aviation Fuel, or even bio-diesel, we can find solutions to our energy and environmental needs in many ways. As we focus on many of these ag-based products, the...
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Thinking of crop protection as an “insurance policy” for your crops
Crop protection products are always evolving and improving to meet the demands of dealing with resistant weeds, insects, and new fungal diseases. Input from growers is invaluable to the companies producing crop protection products as they provide real world feedback...
South American Weather and Crop Update (10-8-24)
The monsoonal rains have finally manifested in South America, which will start to ease some concerns about the dry climate. Allendale commodity broker Greg McBride gave an update on the latest weather patterns in Brazil and Argentina. Since the soil is much different...
NPPC secures 9th Circuit victory defending producers’ freedom to farm
In a victory for the U.S. pork industry, the U.S. Court of Appeals for the Ninth Circuit based in San Francisco rejected a lawsuit from several activist groups who sought to impose sweeping changes to the Environmental Protection Agency’s (EPA) concentrated animal...
FFA hits a record high of one million members
If it feels like you see more blue-corduroy jackets around these days, you’re right. The National FFA Organization recently announced that it has set a record with over one million members. The total is now 1,027,273- an 8.6 percent year-over-year increase. Kristy...
Clean Fuels Alliance partners with PepsiCo for a B100 Fleet
For decades we have been touting the benefits of ethanol and biodiesel. Not only is it renewable and cheaper than standard fuels, it is also better for the environment. That is why we are seeing more conversions to high blends of biofuels across the country. It adds...
