Top Stories
July was strong for pork exports, weak for beef
July exports of U.S. pork were slightly below last year but accounted for a larger share of production, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Market access obstacles continued to weigh heavily on exports of U.S. beef, with the vast majority of plants still ineligible to ship to China. USMEF President and CEO Dan Halstrom said pork exports totaled 238,922 metric tons (mt), down just 1% from a year ago, while value fell 4% to $680.9 million,...
Mosaic company announces hurricane Ian’s impact on its fertilizer producer
The Mosaic Company recently announced that North American Phosphates was negatively impacted by damage caused by Hurricane Ian. Significant flooding and high winds were experienced throughout central Florida during the storm, and this caused modest damage to Mosaic...
It?s quantity vs. quality in this winter?s hay supply
As we roll through the harvest season, it is the only time that we are excited for dry conditions. However, the drought has expanded throughout most of the corn belt. We've seen increases in drought conditions in places like Minnesota South Dakota and even Wisconsin....
August U.S. pork exports strong, beef exports hit $1 billion mark again
August U.S. pork exports passed 2021 totals for the first time this year. Dan Halstrom, U.S. Meat Export Federation (USMEF) President and CEO, says Mexico, China and the Association of Southeast Asian Nations (ASEAN) region showed significant gains in pork shipments...
Food Bank of Iowa donation highlights Iowa?s pork industry during #Porktober22
Last week, Farmland, in a joint effort with the National Pork Board, the Iowa Pork Producers Association, and country singer Luke Bryan?s Farm Tour to combat food insecurity across the Midwest for their Honoring the Heartland Tour, visited the Food Bank of Iowa in Des...
Input costs among several factors limiting dairy expansion
Dairy farmers are not looking to expand much right now, especially given the current market conditions. Mike North of Ever.Ag said there are several factors limiting expansion for dairy farmers currently.?Obviously, feed costs and overall input costs and you can throw...
Barge operator can?t make deliveries due to dry Mississippi river
The largest barge operator in the U.S. told its customers last week that it won?t be able to make good on deliveries due to the shrinking Mississippi River. Bloomberg says Ingram Barge Company declared a force majeure in a letter to customers because of the...
Video
More Ag News
Reducing the stigma of asking for help
With May being Mental Health Awareness Month, we have taken the time to make sure that farmers are aware of the importance of not letting the stigma of asking for help be a sign of weakness. Not only is it important for farmers to break through that stigma, but it is...
NW Iowa planting season update
As we saw in this week?s crop progress report, Iowa farmers have had a great time with planting season this year, with progress in most areas being way ahead of the average. Even though northwest Iowa is still seeing more than its fair share of challenges from drought...
Senator Grassley gives update on debt limit negotiations
Lawmakers in Washington D.C. have been actively engaged in debt limit negotiations with some politicians warning that the United States could go into debt default and be unable to pay its bills as soon as June 1st if the debt ceiling isn?t raised.United States Senator...
The story behind rising farm real estate debt levels
A recent report from the USDA?s Economic Research Service says farm sector debt tied to real estate will hit a record high of $375.9 billion in 2023. Randy Dickhut, farmland analyst for Agricultural Economic Insights, said the headline doesn?t tell the whole story of...
Markets bracing for a turbulent couple of days
We know that there are a lot of outside factors that can shape the trajectory of our markets. Many of these factors are the results of the actions of other countries around the globe. Whether it?s purchases of our crops or invasions of smaller countries, the markets...
