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No E15, farm aid expected in GOP budget bill
Year-round E15 and additional farm aid are not expected to be included in a new GOP party-line budget bill. United States Senator Chuck Grassley (R-IA) says that the reconciliation bill will not include relief for farmers. According to Grassley, the White House has strongly advocated for separate legislation to replace munitions that were used in the war with Iran. Senator Grassley argues that the war funding bill would be the logical place to include additional farm aid and or permanent...
West Coast labor dispute slows port operations
Contract negotiations between West Coast longshoremen and container terminal operators faced a breakdown Friday as work stoppages effectively closed the Port of Oakland and slowed operations up and down the coast. USMEF President and CEO Dan Halstrom said the...
Be prepared for anything in your marketing plan
After Friday?s explosion in grain prices, you might be feeling pretty good about your chances to increase some profit margins with this year?s crop. While we all know that no yield is official until it is in the bin, no price forecast is official until all the...
Reinstatement of grain indemnity fund assessment moved to September 1
DES MOINES, Iowa (June 2, 2023) ? As a result of Governor Reynolds signing House File 666 yesterday, the reinstatement of fees on grain sold to or deposited at Iowa-licensed grain dealers and warehouses as part of the Iowa Grain Depositors and Sellers Indemnity Fund...
U.S. Export Sales Report (6-2-23)
This week?s export sales weren?t as negative as what we?ve been seeing recently. Overall, there are some pretty interesting things happening in the export markets. Allendale commodity broker Greg McBride provided an update on the latest export numbers from the...
Protection from the sun is an important part of farm safety
Working in production agriculture means a lot of time in the sun during the growing season. In recent years, more farmers are taking into consideration the harmful effects of failing to protect themselves from the sun. Including the risks of skin cancer.Devon...
U.S. hog producers looking for higher prices in 2023
Market volatility is hitting livestock producers while their input costs have climbed. Bernt Nelson, an economist with the American Farm Bureau Federation, said prices were much higher last year before dropping off in the first quarter of 2023.?The input costs,...
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U.S. beef promotion efforts building momentum in Central America
U.S. beef exports to Central America have gained momentum in recent months, fueled in part by promotional activities funded by the Beef Checkoff Program. Lucia Ruano, U.S. Meat Export Federation (USMEF) representative in Central America, said BBQ Fest Costa Rica is a...
Telling the story of sustainability in the pork industry
The 28th annual United Nations Climate Change Conference, commonly called COP28, was an opportunity to tell data-driven facts about U.S. agriculture and sustainable on-farm practices. National Pork Board’s Chief Sustainability Officer Jamie Burr says 84,000 people...
Ethanol production hits two-year high
The Energy Information Administration says ethanol output surged to a two-year high, and inventories hit their highest points since April during the week ending on December 22. Ethanol production rose to an average of 1.107 million barrels per day, up from 1.071...
John Deere precision equipment leads the way after 30 years
Last year at Commodity Classic in Orlando, I had the chance to visit with Matt Olson of John Deere as they were rolling out their revamped precision farming tools for the 2023 growing season. They were excited to make updates to everything from displays to modems and...
2023 a memorable year for the ethanol industry
2023 was a year to remember for the ethanol industry with corn ethanol demand reaching the highest levels since 2019 and the blend rate in gasoline setting a record as production rose to 15-and-a-half billion gallons. Rising domestic demand for ethanol and growth in...
