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News from May Cattle on Feed Report

News from May Cattle on Feed Report

The May Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. Total inventory was up 2% year over year, that was driven in part by a 6% increase in April of cattle placed in feedlots compared to last year. McConnell says that marketings of fed cattle decreased 10% from the previous year. That was USDA livestock analyst Michael McConnell.

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Ethanol powering America and helping to save farms

Ethanol powering America and helping to save farms

The National Ethanol Conference was held in San Diego last week and it provided a morale boost to the ethanol industry. That’s Renewable Fuels Association Chair Erik Huschitt who wasn’t alone in praising the corn powered fuel’s achievements since the 1980s and those...

Waste in EPA environmental justice grant spending

Waste in EPA environmental justice grant spending

Iowa Republican Senator Chuck Grassley says millions of taxpayer dollars funneled through the Environmental Protection Agency’s grant programs weren’t used correctly. While the funds were used to cover recipient organizations’ overhead costs and operating expenses,...

NASDA Members make trade trip to Cuba

As we look to open up new trade options around the globe, we are also looking at opening doors with former trade partners that have been estranged for political reasons for some time. Recently a delegation from the National Association of State Departments of...

EPA’s E15 final decision welcome, but some questions remain

The Environmental Protection Agency has granted the request from eight Midwestern states, including Iowa, to sell year-round E15 beginning in 2025. The EPA approved the long-delayed petitions from eight Midwest governors to allow summertime sales of E15 in these...

U.S. Export Sales Report (2-23-24)

U.S. Export Sales Report (2-23-24)

This week was not a good one for the grain markets, and that could be seen in this week’s export sales as well. Corn is still looking fine, but soybeans posted the lowest numbers for this week in over thirty years. Allendale commodity broker Greg McBride gave an...

U.S. milk production to grow slower in 2024

U.S. milk production to grow slower in 2024

The good news is U.S. milk production is expected to grow in 2024. Michael McConnel of the USDA’s Chief Economist Office says the bad news is the growth rate will slow compared to last year. The good news for U.S. dairy farmers is it will cost less to feed their...

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Making the best use of data from soil tests

Making the best use of data from soil tests

Gathering data from soil tests is one of the best ways to address the needs of your crops. However, some of that data can be very complicated, so it needs to be run through the best methods and technology available in order to become actionable goals. Matt Fryer,...

Helping young people entering the beef industry

Helping young people entering the beef industry

The 2024 Cattle Industry Summer Business Meeting was held in San Diego, California. Colin Woodall, CEO of the National Cattlemen’s Beef Association, observed several new attendees this year. NCBA can take steps to assist younger individuals in entering the industry....