Top Stories
June forecast for meat prices
In the latest livestock, dairy, and poultry outlook from USDA, the Department of Agriculture provides the updated meat price forecasts for this month. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the adjustments for cattle were slight. He says the price forecast for hogs was lowered in part because of weaker demand than expected, especially with the high prices for cattle and beef. Jekanowski says that on the poultry side, broiler prices were lowered and turkey prices were...
Bipartisan effort launched to improve foreign land buy data accuracy
A bipartisan group of Senators has launched a new push to get USDA to improve the accuracy of foreign-owned farmland data. The group, led by GOP Senators Chuck Grassley and Joni Ernst and Pennsylvania Democrat John Fetterman wrote Secretary Vilsack that FSA data on...
U.S. renewable diesel imports up 29 percent in 2024
The Energy Information Administration says the U.S. imported near-record volumes of renewable diesel fuel in each of the first five months of this year, averaging about 30,000 barrels a day. The imports were 29 percent higher than the same period last year, came from...
Farm Bill a hot topic at Iowa State Fair
There are a lot of things that we are hearing about at the Iowa Agribusiness Radio Network Shed at the Iowa State Fair. Commodity prices are probably the hottest topic, but a close second is the lack of certainty that farmers are facing as we head into harvest. That...
Fueling up fairgoers at the Iowa Pork tent
The Iowa Pork tent at the Iowa State Fair is a long-time tradition that feeds thousands of fairgoers each year. The Iowa Pork tent at the Iowa State Fair provides fairgoers with a lot of options for nutritious fuel to power their day says Ben Nuelle with the Iowa Pork...
Chevron talks Iowa investments at 2024 Iowa State Fair
Saturday, August 10th was Chevron Day at the Iowa State Fair. Stacy Orlandi, President of Chevron Renewable Energy Group, highlighted Chevron's investments in Iowa, particularly focusing on a recent acquisition. Orlandi talked more about the Ames location, especially...
U.S. Export Sales Report (8-15-24)
The marketplace’s focus within the U.S. Export Sales report has shifted as we approach the end of the marketing year. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said the bean exports are already sentenced to a disappointing...
Video
More Ag News
Rapid growth for biodiesel and renewable diesel in 2024
The U.S. is on pace to surpass five billion gallons of biodiesel and renewable diesel consumption for the first time. That caps a 2024 that saw increased efforts from states to drive adoption, updates to technical standards, growth in soybean crush capacity, and...
Port labor contract dispute disrupting red meat exports
U.S. agriculture is bracing for a potential work stoppage at East and Gulf Coast ports that could greatly disrupt U.S. exports. Contract negotiations between the International Longshoremen’s Association and the U.S. Maritime Alliance broke down in mid-November over...
Secretary Naig’s Year in Review (part 1)
It’s hard to believe that 2024 is coming to an end on Wednesday. It feels like just yesterday that we were kicking off the new year. I know they say time flies, but this one felt like we blinked and missed it. However, as fast as this year seemed to go, it wasn’t...
U.S. Export Sales Report (12-27-24)
We normally don’t expect much from the export sales report during the holidays, but today’s report was surprisingly good. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. There haven't been any flash sales recently, but...
Previously reinstated Beneficial Ownership Filing requirement on pause again
The roller coaster that is the battle over Beneficial Ownership Information reporting requirements is going for another loop. A previously reinstated filing requirement has once again been put on hold. Dustin Sherer, director of government affairs for the American...
