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High input costs remain a top concern for U.S. producers
The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason for farmers’ current unfavorable financial position. For him, there is one overwhelming answer: high input costs. According to him, there isn’t much optimism among farmers about the future of their financial situation. They do not...
Prop 12 repeal rides with Farm Bill to House floor
As the House prepares to take up the Farm Bill this week, pork producers are watching closely to see if Congress will finally address California’s Proposition 12. The National Pork Producers Council has made repeal of Prop 12 one of its top priorities, and Todd...
High diesel prices bite into Food Bank of Iowa’s budget
Gas prices have hit the highest level in four years, and with no end to the Iran war in sight, the impacts of these elevated prices will be felt for the foreseeable future. Diesel prices in particular have increased even more quickly, surging up 45% since the...
House farm bill and E15 legislation survives stall over debate rule
The quest to pass a new farm bill with legislation for year-round E15 hit another temporary roadblock on Wednesday in the U.S. House. Several Republicans joined the Democrats to initially deny the simple majority to bring up the farm bill, year-round E15, and several...
USDA details plan to boost fertilizer availability
Fertilizer prices have been a thorn in the side of farmers for several years and the conflict with Iran has only worsened the problem with the strait of Hormuz closure slowing shipping. Ag Secretary Brooke Rollins recently announced measures to alleviate some of the...
Farm bill talks intensify in Congress
Congressional leaders are preparing for renewed debate over the next Farm Bill. Producer organizations are pressing lawmakers to strengthen the farm safety net as growers face weak crop prices, elevated borrowing costs and uncertainty over export demand. Reuters...
Rural lenders eye finish line for overdue Farm Bill
After years of delays and temporary extensions, the long-awaited Farm Bill could finally move forward as lawmakers prepare to bring it to the House floor this week. For agricultural lenders like Farm Credit, the bill represents far more than traditional farm programs....
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Iowa Farm Bureau accepting applications for “Grow Your Future” award
Iowa Farm Bureau is now accepting applications for its Grow Your Future Award, offering one young farmer $10,000 to scale their ag-related business. The competition highlights Farm Bureau members ages 18 to 35 who are building creative, value-added businesses from...
Feenstra says year-round E15 has strong bipartisan support
On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy...
U.S. Export Sales Report (5-14-26)
This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...
Latest Cattle on Feed Report hints at minor herd rebuild
April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...
Year-round E15 passes House by the skin of its teeth
After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...
