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DOJ confirms probe into beef processors

DOJ confirms probe into beef processors

The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether consolidation among major meatpackers has contributed to higher beef prices. According to federal officials, the four largest processors—Tyson Foods, Cargill, JBS USA, and National Beef Packing—control about 85 percent of the fed...

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IFBF launches cash bid comparison tool for members

IFBF launches cash bid comparison tool for members

Recently, the Iowa Farm Bureau Federation launched their online Cash Bid Search tool, which allows farmers to see cash bids for corn and soybeans within a 60-mile radius on a 10-minute delay. Zach Brummer, IFBF’s farmer education program manager, said the tool has...

Is sustainable aviation fuel the next renewable breakthrough?

Is sustainable aviation fuel the next renewable breakthrough?

Could sustainable aviation fuel provide the next big growth opportunity for the renewable fuels industry? Some renewable fuel industry experts think SAF could power the next expansion of the industry. Sustainable aviation fuel is a renewable fuel used to power...

Over half of Iowa’s soybean harvest is complete

Making good progress harvest wise across the state of Iowa, still ahead of the five-year average and reaching a key threshold. The crop progress report from USDA's National Ag Statistics Service Upper Midwest Regional Office was delayed a day due to the Columbus Day...

Third-quarter grain movements low on Mississippi river

Third-quarter grain movements low on Mississippi river

Almost 60 percent of the Midwest grain harvest moves down the Mississippi River system to the U.S. Gulf region for export. In The Agricultural Marketing Service’s “Grain Transportation Report,” the agency says low water on the entire system led to draft and tow...

NASDA’s McKinney worried about Congressional calamity

NASDA’s McKinney worried about Congressional calamity

We could find out as early as today who will be the next Speaker of the House, but I wouldn’t hold your breath. As expected, Republicans have whittled it down to House Majority Leader Steve Scalise of Louisianna, or Jim Jordan of Ohio to succeed the ousted Kevin...

South American Weather and Crop Update (10-10-23)

South American Weather and Crop Update (10-10-23)

Continued drought is raising concerns in parts of South America. While it is allowing for easy planting progress, the lack of moisture won’t be beneficial to those crops. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. With the...

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Fendt Lodge is set to open on May 1st

Fendt Lodge is set to open on May 1st

On May 1st, Fendt plans to open a new, state-of-the-art facility in Jackson, MN called the Fendt Lodge. The Lodge will be a facility in which farmers can come and experience the new equipment that is coming out, try simulators of the new equipment, and where product...