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Farmland values enter a new phase

Farmland values enter a new phase

The U.S. agricultural land market is shifting after years of steady growth. Although land values are still historically high, current signs indicate a more complex situation driven by local and regional factors rather than nationwide trends. “After years of steady growth, we’re seeing the farmland market stabilize,” said Colton Lacina, senior vice president of real estate options at Farmers National Company. “This isn’t a sign of collapse but a recalibration that reflects current commodity...

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Argentina sees more soybeans this year

Argentina sees more soybeans this year

We watch what happens with our neighbors in South America regarding crop production and its effects on our markets. Brazil is the largest soybean producer and exporter in the world, and Argentina is one of our largest corn competitors. Their production capabilities...

Third stopgap passes with farm, disaster aid

Third stopgap passes with farm, disaster aid

The third time was the charm, as the House and then the Senate passed stopgap funding legislation with farm and disaster aid to avert a midnight Friday government shutdown late last week. The legislation passed 366 to 34, clearing a two-thirds ‘yes’ vote threshold to...

Secretary naig cheers USMCA dispute resolution decision

Secretary naig cheers USMCA dispute resolution decision

Iowa Secretary of Agriculture Mike Naig provided the following statement after a United States – Mexico – Canada Agreement (USMCA) dispute resolution panel ruled against Mexico’s baseless decree banning imports of genetically modified corn. “Iowa produces more corn...

Unnecessarily burdensome EU deforestation rule has been delayed

Unnecessarily burdensome EU deforestation rule has been delayed

The European Parliament this week voted to delay implementation of a deforestation regulation- which was scheduled to go into effect on December 30th- for a year, providing a reprieve for U.S. cattlemen. The rule will require imports of beef and other goods to include...

Marketing pork to different types of consumers

Marketing pork to different types of consumers

The Pork Checkoff is re-imagining pork in consumer hearts and minds to build a bigger appetite for pork. National Pork Board Member Bill Luckey said the recent consumer segmentation research project showed a wide range of pork consumers. Short-term and long-term...

Iowa’s late-season H5N1 outbreaks are thanks to warmer fall

Iowa’s late-season H5N1 outbreaks are thanks to warmer fall

As we are now in winter, we know that prolonged exposure to colder temps will not be far away. Mother Nature has already given us a taste or two here in December. As much as we don’t always like the brisk cold, it is going to be a necessity to stop the latest round of...

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Tepid response to March WASDE report

Expectations were low for the March WASDE report, and those expectations were met almost squarely on the nose. This is typical for the March WASDE report, as the markets are already looking ahead to the reports at the end of the month. Allendale commodity broker Greg...