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AFBF highlights gaps in Dairy Margin Coverage Program
The Dairy Margin Coverage Program is a farm safety net program that helps U.S. dairy farmers manage risk when the gap between milk prices and feed costs shrinks. Danny Munch, an economist with the American Farm Bureau Federation, said the program has been a big help to dairy farmers. However, Munch said that recent years have highlighted limits in the program’s effectiveness because it only covers milk prices against feed costs, which doesn’t account for other input costs. Munch said Congress...
Agribusiness retailers facing uncertainty amid trade war
The trade war between the United States and many of its top trade partners has created tariff uncertainty for agribusiness across the United States. Charles Baron is a co-founder of Farmers Business Network and says the unknowns of the trade war has created hurdles...
USDA issues second assistance payment to producers
The USDA will issue a second Emergency Commodity Assistance Program payment to eligible producers for the 2024 crop year. Of the authorized $10 billion in ECAP assistance, USDA’s Farm Service Agency has already provided over $8 billion in payments to eligible...
From global shocks to local fields: Farmers pay the price
From war zones to shipping lanes, the ripple effects of geopolitical tension are reaching all the way back to Iowa’s farm gates. Farmers aren’t just watching world headlines for grain prices anymore—they’re also seeing how conflicts, trade disputes, and policy shifts...
Continuing to find new uses for American soybeans
The United Soybean Board is driving demand for U.S. soybeans in many ways, with some being more obvious choices than others. One of those underrated focuses is in non-food products like tires and asphalt. United Soybean Board Director Robb Ewoldt- who is also an Iowa...
Farmers facing a perfect storm of economic challenges
Several economic headwinds are combining to create a difficult financial environment for some farmers. Farmers, particularly those raising grain crops, are struggling economically due to a number of key challenges. Sam Kieffer, vice president of public policy for the...
USDA in Mexico looking for answers on movement of NWS infected cow
USDA staff in Mexico are investigating how a cow infected with New World Screwworm was transported from southern Mexico to a location only 70 miles from the US border. That is Deputy Under Secretary for Marketing and Regulatory Programs Lauren Stump, just days after...
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Grain markets react negatively to November WASDE
Friday brought us the first WASDE report in two months, and the markets had lofty expectations. However, the figures from this report were disappointing and caused a negative reaction in the grain prices to end the week. Allendale commodity broker Greg McBride said...
Increased biofuel demand could boost farm economy
At a time when the farm economy is facing a downward turn, farmers and ranchers are looking for expanded market opportunities. Faith Parum, an economist with the American Farm Bureau Federation, said increased biofuel production could be one avenue to increase farm...
The push for a skinny farm bill before the end of the year
Senator Chuck Grassley (R-IA) was asked on Friday if a skinny farm bill can be passed before the end of the year. Grassley says that Senate Ag Chairman John Boozman (R-AR) is working towards that goal. Grassley expands on the landscape of the Senate and potential...
From the show ring to the Ronald McDonald House
What began in the show ring at the Iowa State Fairgrounds came full circle this fall as youth exhibitors from the 43rd Annual Iowa Governor’s Charity Steer Show reunited to deliver the true impact of their summer’s work. Their efforts extended beyond dollars raised to...
Trade trip aims to deepen ties with Vietnam and Indonesia
Iowa Agriculture Secretary Mike Naig was wheels up early this morning as he headed out on a state trade mission to Southeast Asia. The delegation will spend the next several days in Vietnam and Indonesia, two fast-growing markets that continue to show strong interest...
