Top Stories
Boozman: farm bill markup only weeks away
Lawmakers on Capitol Hill returned from the Easter recess with growing optimism that a new five-year farm bill could soon advance. Agri-Pulse said John Boozman, chairman of the Senate Agriculture Committee, signaled progress. The Arkansas Senator said he expects movement within weeks rather than months and anticipates a markup in the near future. The bill cleared the House Agriculture Committee in March with unified Republican support and backing from several Democrats. It now awaits...
USDA investing further in future U.S. ag leaders
USDA announced a $262.5 million investment in higher education institutions to help build the next generation of agriculture professionals across the nation. Ag Secretary Tom Vilsack said this investment is all about building the future of U.S. agriculture.?If you...
ISA & IBB not happy with RVOs for Biodiesel
After an extra week of waiting, the Environmental Protection Agency finally released its Renewable Volume Obligations for biodiesel & ethanol. Groups like the Iowa Soybean Association and the Iowa Biodiesel Board stated their frustration with the news.?In the final...
Agoro Carbon Alliance celebrates two-year anniversary
Recently, Agoro Carbon celebrated its two-year anniversary, and the company is aiming to build upon that momentum in the carbon market. The U.S. is a key market for carbon sequestration, which is driven by the willingness of American farmers and ranchers to engage in...
South American Weather and Crop Update (6-20-23)
Once again, the weather down in South America is status quo. Allendale commodity broker Greg McBride provided an update on the latest conditions.Brazil just recently started their second crop corn harvest, and McBride said they are continuing to make solid...
International market expansion continues for U.S. pork exports
The export ecosystem was hit with shutdowns and endless disruptions from the Covid-19 pandemic but slowly and surely United States pork exports have made a strong comeback.The pork industry experienced a top three export year in 2022 says Courtney Knupp, the vice...
Rural mainstreet index reaches highest level since 2022
After dropping below growth neutral in March, the June Rural Mainstreet Index expanded above the threshold for a third-straight month to its highest point since May 2022. That?s according to the June monthly survey of bank CEOs in rural areas of a ten-state region...
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More Ag News
Farmland market is “resilient”
The Farmers National Company says the farmland market seems to be moving into the new year maintaining the value increases it’s built during the last three years. That stability is in place despite increasing pressure from declining commodity markets, rising interest...
Governor Reynolds sees a bright future in biofuels for Iowa
Last Thursday, the Iowa Renewable Fuels Association held its annual Iowa Renewable Fuels Summit in Altoona. There was a great turnout to hear the latest in the policy, technology, and progress of biofuels. One of the highlight addresses was from Iowa Governor Kim...
Lack of cuts in January WASDE disappoints grain markets
With the cuts the USDA made in last month’s WASDE, analysts were expecting a few more in the January report. However, the grain markets were very disappointed when the report came out and showed very few changes. Allendale commodity broker Greg McBride broke down the...
Potential end of controversial doctrine spells good news for agriculture
A controversial legal doctrine with wide-ranging impacts may come to an end soon. Travis Cushman, deputy general counsel for litigation and public policy with the American Farm Bureau, explained the premise of the Chevron Deference doctrine. “What it does is it...
49 of 50 states now allow sale of E15
Of the 50 states in the union, 49 now allow the sale of E15 or 15 percent corn ethanol blended gasoline. Montana is the latest state to allow the sale of the blend but one state, and it’s a big one, remains the lone holdout. The biggest state and the nation’s...
