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John Deere right-to-repair settlement announced
John Deere has agreed to a $99 million settlement in a class action lawsuit regarding its right-to-repair policies, which allegedly restricted farmers' access to necessary diagnostic tools and software for equipment repairs. Austin Peiffer, an attorney with Ag & Business Legal Strategies in Hiawatha, Iowa, said this agreement now gives farmers options. Peiffer said this class action was brought about under antitrust law. Peiffer said the right to actually repair your own equipment is the...
Iowa farm goes for almost $4 million
A 230-acre farm in Grundy County, Iowa, owned continually by the same family since plows first turned ground in the prairies in the 1870s, sold at a recent auction for almost four million dollars. Successful Farming says the Iowa century farm is historically...
U.S. Soy Excellence Center educating global users of American soy
A large part of growing demand for our agriculture products must come from educating our end users about the things they can do with our products and why our products are the industry standards for quality products. The U.S. Soybean Export Council has long been at the...
What to expect in Thursday’s prospective plantings report
The USDA National Agricultural Statistics Service will release the 2024 prospective plantings report on Thursday March 28th. The report provides the official USDA survey-based estimates of U.S. farmers' planting intentions for the year. NASS mailed the survey in late...
Farm bank lending increased in 2023
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7 percent to $110 billion. The American Bankers Association’s annual Farm Bank Performance Report credits elevated production costs, commodity price volatility, and a return...
South American Weather and Crop Update (3-26-24)
Argentina is still dealing with crop concerns from the amount of rain they’ve gotten as of late. Even with that rain, though, dryness is still looming over South America. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in Brazil...
Vibrant market for U.S. red meat in South Korea
An agribusiness trade mission organized by the USDA Foreign Agricultural Service (FAS) is underway in Seoul, South Korea, led by Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor. The U.S. Meat Export Federation (USMEF) helped coordinate the...
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Grassley says farm bill score shouldn’t undercut new farm bill
The House GOP farm bill may cost more than it was originally funded, but Senator Chuck Grassley says that should not be a ‘showstopper.’ United States Senator Chuck Grassley (R-IA) agrees the Congressional Budget Office farm bill’s final score of $33 billion over...
Weekly corn, soybean export sales surge
Sales of corn and beans for delivery in the 2024-2025 marketing year, which starts on September 1, jumped during the week ending on August 22. The Ag Department says corn sales in those seven days were reported at 1.49 million metric tons, up from 1.29 million a week...
Latin American buyers tour meat industry in Nebraska
The U.S. Meat Export Federation (USMEF), with support from the National Corn Growers Association and the South Dakota Soybean Checkoff, brought importers from Mexico and Central and South America to the University of Nebraska-Lincoln for a global meat processing...
New school nutrition campaign promotes importance of dairy
With school starting up again for millions of children across the country, school nutrition professionals are working hard to make sure those children are meeting their daily nutritional needs. Milk is one of those products that is found in every school cafeteria, and...
Dairy prices enjoying some upward momentum
It’s been a long time since we have been able to see the dairy sector really enjoy some highs. Producers have been dealing with low prices and uncertainty for quite a while. Lately, that trend has been reversed. Milk and cheese prices have enjoyed upward momentum and...
