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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...
AFBF applauds grazing MOU between USDA and Department of Interior
The Departments of Agriculture and Interior have recently announced plans to formalize collaboration between the two agencies when it comes to grazing on public lands. Shelby Hagenauer, senior director of government affairs for the American Farm Bureau, said these...
Status of Mexican cattle reentry into the U.S.
One of the biggest questions in animal agriculture is, when will cattle from Mexico once again be allowed across the southern U.S. border? In late February at Commodity Classic, USDA Secretary Brooke Rollins stated that the border will not be reopened until the...
USDA sets April loan rates as farmers weigh borrowing costs
The U.S. Department of Agriculture has announced updated loan interest rates for April, offering a key benchmark for producers making financing decisions ahead of the planting season. Operating loans are set at 4.75%, while farm ownership loans will carry a 5.75%...
Know your number now on SCN
Even with BASF’s new Nemasphere soybean technology still targeted for a future launch, company officials say growers should already be taking steps to understand how much soybean cyst nematode may be costing them in today’s fields. Justin Moritz, BASF trait technology...
Corteva excited for farmers to use Forcivo fungicide in 2026
Last year’s crop season was defined by one major factor: late-season disease pressure. And while Southern Rust is not projected to be as big of an issue this year, farmers will always have to deal with other fungal diseases like frogeye leaf spot and tar spot. Madison...
A shift in weather conditions for April
Spring weather is always tricky for growers. On the one hand, after a dry winter, spring showers are needed to help replenish soil moisture. But on the other hand, too much moisture can disrupt field work and planting for farmers. USDA meteorologist Brad Rippey says a...
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Farm Bill Clears House as E15 Waits
The U.S. House has now passed its version of the Farm Bill, but just hours before that final vote, lawmakers were still working through the steps needed to bring the legislation to the floor. Speaking Wednesday morning, just minutes before the House began voting on...
Farm Bureau applauds House passage of 2026 farm bill
After several months of work and negotiation, the House of Representatives passed the Farm, Food, and National Security Act of 2026, also known as the farm bill, with a bipartisan vote. Brian Glenn, director of government affairs for the American Farm Bureau...
U.S. Export Sales Report (4-30-26)
This week’s export sales continued the recent trends we have seen. Allendale commodity broker Greg McBride said the corn sales had another strong report. The soybean sales, however, were disappointing once again. Additionally, there have been no flash sales since last...
Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price...
Farmers face another year of tight margins
U.S. farmers are entering another growing season with tight profit margins as lower crop prices, elevated input costs, and trade uncertainty weigh on the outlook for 2026. Corn and soybean prices remain below levels seen during recent highs, while expenses for...
