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Food and agriculture generate 20 percent of all U.S. economic activity

Food and agriculture generate 20 percent of all U.S. economic activity

Every year, the Feeding the Economy report provides a comprehensive look at the full economic footprint of U.S. food and agriculture. Among the report’s biggest takeaways is that food and agriculture support $10.4 trillion in total U.S. economic output, representing about 20 percent of all economic activity. The sector supports almost 29 million jobs, or roughly 30 percent of total U.S. employment, even though on-farm jobs account for less than two percent. Food and agriculture generate over...

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National Ethanol Conference celebrates a record 2025

National Ethanol Conference celebrates a record 2025

Speaking at the National Ethanol Conference in Orlando, Florida, Renewable Fuels Association President and CEO Geoff Cooper celebrated a record year in 2025 for the industry. He also strongly urged Congress and the White House to fully unleash American ethanol to...

Iowa Corn details Corn Congress outcomes

Iowa Corn details Corn Congress outcomes

The Iowa Corn Growers Association joined in this year’s National Corn Growers Association Corn Congress and wrapped up with several policy decisions finalized, and others sent back for additional review. ICGA President Mark Mueller says one late development involved a...

BASF introduces new low carbon intensity crops

BASF introduces new low carbon intensity crops

With current proposed 45Z tax credit framework, common agricultural practices like cover crops, reduced tillage, and nutrient management may impact the carbon intensity (CI) of the crops that are raised as feedstock. However, inconsistent data collection methods,...

USDA Secretary Rollins provides update on U.S.-Mexico border closure

USDA Secretary Rollins provides update on U.S.-Mexico border closure

On Thursday at the Commodity Classic farm show in San Antonio Texas, USDA Secretary Brooke Rollins provided an update on the U.S.-Mexico border which remains closed for the importation of cattle from Mexico. Feeder cattle from Mexico remain unable to cross the border...

U.S. Export Sales Report (2-27-26)

U.S. Export Sales Report (2-27-26)

For as good as the export sales have been recently- especially for this time of year- they were bound to have a down week eventually. Allendale commodity broker Greg McBride said the corn export sales were weaker this time around. Soybeans saw lower sales as well, but...

Food and agriculture generate 20 percent of all U.S. economic activity

Farm incomes drop despite abundant harvests

Farm incomes generally decreased across the Federal Reserve Bank’s Ninth District. That’s according to lenders responding to the fourth quarter Ag Credit Survey by the Minneapolis Fed. Lenders also reported that purchases of capital inputs fell, though farm household...

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U.S. Export Sales Report (2-27-26)

U.S. Export Sales Report (3-5-26)

This week’s export sales were very different between corn and soybeans. Corn saw great sales, while soybeans had another disappointing report. Allendale commodity broker Greg McBride said there were record-setting corn sales this week. On the other hand, soybeans...