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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. beef. Additionally, 77 new U.S. beef establishment registrations were added to the CIFER system, with registrations valid for five years. While some U.S. beef establishments remain suspended from exporting to China, a White House...
Wrapping up the ag markets at the end of 2023
The final two weeks of the calendar year are always quiet in the ag marketplace, and that was no different this year. Bill Moore, senior account executive with The PRICE Futures Group, said many traders have used the opportunity to even themselves out for the new...
Pork industry facing uncertainty as Prop 12 takes effect in 2024
California’s Prop 12 goes into effect with the new year on January 1. It becomes California state law during a time of already great uncertainty in the pork market. American Farm Bureau Federation Economist Bernt Nelson said that’s on top of some already bearish pork...
Finding the benefits of lower nitrogen usage
One of the obvious benefits of lower synthetic nitrogen usage is, of course, lower input costs, but there are environmental benefits as well. Jim Kelly, Director of Business Development with Pivot Bio, said their N-OVATOR program helps to measure that impact and...
Foreign U.S. farmland ownership grows, shrinks for China
Foreign ownership of U.S. farmland grew last year, according to a recent USDA report, but not for a key U.S. adversary. Foreign entities bought nearly 3-and-a-half million acres of U.S. farmland and forest in 2022, up more than eight percent to more than 43 million...
Growing opportunities in the field of precision agriculture
Precision agriculture, just like farming as a whole, has come a long way in recent years and will continue to develop quickly. And as the average U.S. citizen becomes further removed from the farm, modern farm technology might be surprising to a lot of people. Matt...
Ag economists’ 2024 expectations
Geopolitical factors, elections, and many other surprises await the agricultural economy in 2024. Farm Journal and Purdue University’s December Economists’ Monthly Monitor shows views slightly more optimistic than they were a month ago. The economists talked about...
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“Ring of fire” weather will keep Iowa hot and humid
Seems like this week’s hot temperatures were just a taste of what’s in store for next week. Iowa State Climatologist Dr. Justin Glisan said next week is supposed to have high temperatures and plenty of rainfall due to a “ring of fire” weather configuration. Glisan...
The importance of agronomy at the U.S. Open
Professional Golf's U.S. Open took place last week at North Carolina's famed Pinehurst Resort and Country Club. But it's not just a matter of the world's best golfers showing up and taking a few swings. Years of course preparation take place in the lead up to the...
Grassley questions increased used cooking oil imports
There is a lot on the line for the future of biofuels as United States farmers are hopeful that demand for biofuels continues to climb with U.S. crops helping to provide the feedstock to help power U.S. trucks and cars. However, one of the issues standing in the way...
First USDA trade mission dedicated to indigenous products
Alexis Taylor, USDA Undersecretary for Trade and Foreign Agricultural Affairs, is in Vancouver, Canada, for a first-of-its-kind trade mission. The mission is intended to develop export markets for Tribal and Native Hawaiian businesses and products. “This historic...
Don’t hold your breath on a new Farm Bill in 2024
The lines are in the sand and the differences are glaring as we approach what could be one of the greatest exercises in futility the federal government has seen in quite some time. Of course, we are talking about the Farm Bill, which seems to carry all the optimism of...
