Top Stories
Lower beef production, higher steer prices
Beef supplies continue to tighten, yet consumer demand remains strong. That has led to a one-way street for beef prices with the price continuing to climb for consumers. USDA’s August forecasts for beef production and steer prices also demonstrate the effect of tightening supplies and strong consumer demand. That’s USDA Outlook Board Chairman Mark Jekanowski who says that the steer price forecast for 2025 and 2026 were adjusted higher from the previous month. That was USDA Outlook Board...
Dairy leader wants more congressional focus on trade
Sheryl Meshke (MESH-key), CEO of Associated Milk Producers Incorporated, told a Senate subcommittee that the government must pursue expanded trade opportunities. The U.S. dairy industry is asking Congress to pursue additional market access opportunities and address...
IPPA & Iowa pork producers are poised to lead the future
With World Pork Expo last week, many producers from across the globe were in Iowa to talk about the latest technology, policy, and trade situations. It was also a chance for groups to talk together with their counterparts around the country and internationally.One of...
U.S. Export Sales Report (6-9-22)
This week?s U.S. Export Sales Report was neutral overall, but still contained some interesting surprises. One of the biggest surprises was the continuation of old crop sales, which isn?t something we usually see at this time of year. Allendale commodity broker Greg...
New trade data shows U.S ag exports higher in 2022
The first quarter 2022 trade data was released this week by the U.S. Census Bureau and with that many people don?t quite know what to expect. From inflation to the war between Ukraine and Russia the exports in the U.S. have both dropped and flourished in other areas...
DOT grants about improving America?s infrastructure
Infrastructure repairs and upgrades have been promised to rural America for years. The need for new bridges, larger roads, and rail improvements has been lacking for some time. However, Transportation Secretary Pete Buttigieg talked about some of the improvements that...
Farmer sentiment plummets as production costs skyrocket
The Purdue University-CME Group Ag Economy Barometer plummeted in May to a reading of just 99, the weakest reading since April 2020. The May 2022 barometer reading marked just the ninth time since data collection began in fall 2015 that the overall measure of farmer...
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More Ag News
South American Weather and Crop Update (1-31-23)
Argentina dried out a bit over the weekend, causing some strength in the U.S. grain markets. Later forecasts, however, show rain returning to the area. Allendale commodity broker Greg McBride provided an update on the latest weather patterns for Brazil and...
Increasing livestock profitability through optimized feed plans
Producers are always searching for ways to raise livestock more efficiently and profitably.Dr. Jim Smith a senior technical swine nutritionist with Kent Feeds, recently spoke at the Iowa Pork Congress revealing the results of a recent study with an optimized feed plan...
NCGA prioritizing crop insurance funds in next Farm Bill
As lawmakers in Washington focus on the debt ceiling and federal spending, there are concerns about the direction and funding for this year?s new federal farm bill, as the current farm bill is set expire in late September. Bradley Schad, CEO of Missouri Corn ? which...
Reynolds joins 24 governors in joint letter opposing revised WOTUS definition
Yesterday, Gov. Reynolds and 24 other governors sent a joint letter to President Joe Biden voicing their opposition to a new rule regarding the Clean Water Act (CWA) and the revised definition of Water of the United States (WOTUS).?The WOTUS definition has been under...
Midwest Dairy has a new focus in the new year
As we are now one month down in 2023, we are gearing up for another great growing season. However, livestock knows no season, and organizations and producers use the flip of the yearly calendar to renew their commitments to the various industries for which our animals...
