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Ag economy barometer drops in May
The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said caution is also showing up in investment behavior. Breakeven prices are expected to climb in 2026. About two-thirds of producers in the survey say they expect war in Iran to impact their bottom lines this...
Previewing President Trump’s visit to China and ag trade topics
United States President Donald Trump and Xi Jinping, the President of China, are scheduled to meet this week in Beijing. The meetings will take place on May 14th and 15th with the two sides expected to discuss trade and tariffs, the conflict in Iran and the Strait of...
Iowa lands Vylor seed genetics headquarters
Governor Kim Reynolds today announced that Corteva will locate the global headquarters of Vylor, its future independent seed and genetics company, in Johnston, Iowa, following its planned separation later this year. “With Pioneer’s century-long legacy in seed...
Ernst talks fertilizer costs, trade, and supply chains
Fertilizer supplies and pricing continue to be a major concern for farmers as global tensions and trade uncertainty influence the ag economy heading towards the second half of the growing season. While many producers were able to secure products ahead of spring...
Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that,...
National Farmers Union endorses “Fertilizer Transparency Act”
American farmers are feeling the pressure of high fertilizer costs, and the National Farmers Union is bringing that message to Capitol Hill. Layla Soberanis, NFU senior government relations representative, said the organization has endorsed a newly introduced bill...
Grassley discusses E15 vote in the House
The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...
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More Ag News
NCBA says Prop 12 language critical for cattle producers
The National Cattlemen’s Beef Association says language dealing with California’s Proposition 12 law has become one of the most important livestock issues tied to the Farm Bill debate in Washington. During the recent NAFB Washington Watch event, NCBA’s Sigrid Johannes...
Younger consumers continue to cook more pork
Demand for ground pork continues to grow, driven by its versatility in the kitchen and its role as a gateway protein for younger consumers learning to cook with pork. Gen Z and millennial consumers are leading in both purchase frequency and annual spending. Neal Hull,...
Major progress on beef trade at U.S.-China summit
On Friday, May 15, China’s General Administration of Customs (GACC) granted a five-year registration extension to 425 overdue U.S. beef establishments in China’s Food Import Food Establishment (CIFER) system – a critical step toward restoring market access for U.S....
NWS cases less than 100 miles from U.S. border
There are over 1,800 active cases of the New World Screwworm in Mexico, and 15 of those cases are now less than 100 miles from the U.S. border. Rear Admiral Michael Schroyer, the associate administrator of the Animal and Plant Health Inspection Service, says that...
China agrees to $17 billion in ag purchases
China has agreed to purchase at least $17 billion in U.S. agricultural products annually through 2028. That’s according to a White House fact sheet released Sunday following President Donald Trump’s visit to Beijing. The agreement came after meetings between Trump and...
