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Domestic food trade shows open foreign market opportunities

Domestic food trade shows open foreign market opportunities

A recent food trade show in Chicago illustrates the importance of such events in promoting U.S. farm and food goods to customers from across the globe. USDA Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg says that there are other ways to improve U.S. agricultural trade and expand export opportunities than by visiting market nations. Trade shows and exhibitions are routinely attended in international target markets for U.S. ag goods, by U.S. agricultural stakeholders....

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U.S. Soy Excellence Center educating global users of American soy

U.S. Soy Excellence Center educating global users of American soy

A large part of growing demand for our agriculture products must come from educating our end users about the things they can do with our products and why our products are the industry standards for quality products. The U.S. Soybean Export Council has long been at the...

What to expect in Thursday’s prospective plantings report

What to expect in Thursday’s prospective plantings report

The USDA National Agricultural Statistics Service will release the 2024 prospective plantings report on Thursday March 28th. The report provides the official USDA survey-based estimates of U.S. farmers' planting intentions for the year. NASS mailed the survey in late...

Farm bank lending increased in 2023

Farm bank lending increased in 2023

Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7 percent to $110 billion. The American Bankers Association’s annual Farm Bank Performance Report credits elevated production costs, commodity price volatility, and a return...

South American Weather and Crop Update (3-26-24)

South American Weather and Crop Update (3-26-24)

Argentina is still dealing with crop concerns from the amount of rain they’ve gotten as of late. Even with that rain, though, dryness is still looming over South America. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in Brazil...

Vibrant market for U.S. red meat in South Korea

An agribusiness trade mission organized by the USDA Foreign Agricultural Service (FAS) is underway in Seoul, South Korea, led by Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor. The U.S. Meat Export Federation (USMEF) helped coordinate the...

Naig gives update on legislative efforts for agriculture

Naig gives update on legislative efforts for agriculture

As the state house gets ready to wind down for the year, and tractors and farms get ready to wind up, we have decided to take a look at a few of the initiatives that the Iowa government looked at concerning agriculture policy. Two of those come right to the forefront,...

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Weekly corn, soybean export sales surge

Weekly corn, soybean export sales surge

Sales of corn and beans for delivery in the 2024-2025 marketing year, which starts on September 1, jumped during the week ending on August 22. The Ag Department says corn sales in those seven days were reported at 1.49 million metric tons, up from 1.29 million a week...

Dairy prices enjoying some upward momentum

Dairy prices enjoying some upward momentum

It’s been a long time since we have been able to see the dairy sector really enjoy some highs. Producers have been dealing with low prices and uncertainty for quite a while. Lately, that trend has been reversed. Milk and cheese prices have enjoyed upward momentum and...