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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...
Feeding the Economy report shows agriculture’s impact
Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those...
Hog inventories up in March
The latest Quarterly Hogs and Pigs Report from USDA shows an increase in inventories. USDA livestock analyst Michael McConnell says the total number of hogs in the U.S. is up compared to this time a year ago. McConnell says hog inventories remain stable, adding that...
Secretary Naig issues statement on the Trump administration’s RFS volumes
Iowa Secretary of Agriculture Mike Naig today issued the following statement after the Environmental Protection Agency (EPA) finalized strong renewable volume obligations (RVO) within the Renewable Fuel Standard (RFS) for 2026 and 2027: “Biofuels lower costs at the...
Ernst: 45Z must reflect Iowa farm practices
As federal agencies continue working through the rulemaking process for the 45Z clean fuel production credit, Iowa Senator Joni Ernst says the final guidance must reflect the work farmers are already doing on the ground. She says she and Senator Chuck Grassley have...
U.S. Export Sales Report (3-26-26)
It’s been a volatile time in the ag marketplace, and that is no different for the export sales. This week’s numbers were a bit of a mixed bag. Allendale commodity broker Greg McBride said the corn sales are still strong overall. McBride said the soybean sales were...
RVO announcement coming very soon
The renewable fuels industry has been long awaiting the Environmental Protection Agency's release of the latest Renewable Volume Obligation blending requirements which are expected to be announced very soon. Lee Zeldin, administrator of the Environmental Protection...
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Rollins says bird flu vaccine still not ready
USDA Secretary Brooke Rollins says that a bird flu vaccine is still not ready for a full rollout although efforts to produce an effective vaccine are still underway. Bird flu has not been as prevalent in headlines recently, but Rollins says that USDA is still very...
Improving the return on fresh cow protocols
While advancements in managing clinical milk fever have reduced cases, its invisible counterpart, subclinical hypocalcemia, remains a significant challenge for fresh cows. Dr. Curt Vlietstra, a professional services veterinarian with Boehringer Ingelheim, said...
U.S. beef regains duty-free access to UK market
When the United Kingdom departed from the European Union in 2020, U.S. beef no longer had duty-free access to the UK. This increased costs for British importers and the entire U.S. beef supply chain, making the UK market more difficult to serve. Now, duty-free...
USDA reorganizes FSIS and establishes Food Safety Center in Iowa
The U.S. Department of Agriculture has announced a major reorganization of the Food Safety and Inspection Service (FSIS), aiming to modernize operations and better align the agency with today’s agricultural landscape. Central to the plan is the creation of a National...
Pilot program targets nitrogen efficiency
As Iowa farmers prepare to get planters rolling this spring, a new soil testing effort is aiming to help producers better manage fertilizer costs while also improving environmental outcomes. Iowa Agriculture Secretary Mike Naig says the pilot program focuses on...
