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PFI hosts 2nd Annual Midwest Meat Summit

PFI hosts 2nd Annual Midwest Meat Summit

Practical Farmers of Iowa (PFI) hosted the 2nd Annual Midwest Meat Summit at the FFA Enrichment Center in Ankeny, Iowa, earlier this week. The two-day event brought together all members of the meat industry, including producers, processors, and distributors. Amos Johnson, livestock education coordinator with PFI, said the event started off with a small tour across central Iowa. After the COVID-19 pandemic, people started to notice certain weaknesses of the meat supply chain. Johnson said the...

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June soybean outlook from USDA features small changes

June soybean outlook from USDA features small changes

The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets...

EPA biofuel proposal boosts soybean oil demand outlook

EPA biofuel proposal boosts soybean oil demand outlook

A proposal by the Environmental Protection Agency to increase renewable fuel blending requirements through 2027 is drawing strong reactions across the agricultural sector and boosting expectations for soybean oil demand. The proposal would raise Renewable Fuel...

Boozman renews commitment to more farm aid

Boozman renews commitment to more farm aid

Senate Ag Chair John Boozman renewed his commitment to more farm aid during a committee hearing this week. Despite acknowledging USDA’s earlier $12 billion in farm aid as a big push for the industry, Boozman pointed out the need for more to be done to stop the...

New markets emerge across Southeast Asia

New markets emerge across Southeast Asia

Southeast Asia is becoming one of the most promising growth regions for U.S. grain exports. Rising populations, expanding economies, and a growing middle class are creating new demand for livestock feed, food ingredients, and transportation fuels across the region....

New World Screwworm influence in the ag markets

New World Screwworm influence in the ag markets

The initial reaction in the ag marketplace to the first detection of New World Screwworm in a calf in south Texas in early June was a bit surprising to many market analysts. Generally, a negative headline can send the markets to the downside in a dramatic way, at...

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USDA reports mixed red meat exports for April

USDA reports mixed red meat exports for April

USDA data release compiled by the U.S Meat Export Federation (USMEF) seemed encouraging for U.S. pork exports as a strong momentum was maintained throughout April. USMEF President and CEO Dan Halstrom reports an 8% increase in pork exports consequent to the growth in...