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Beef on dairy success brings unexpected market challenges

Beef on dairy success brings unexpected market challenges

The dairy industry is facing an unusual situation. Demand for dairy products remains strong, exports continue to grow, and consumers are increasingly looking for high-protein foods. However, abundant milk supplies are putting pressure on cheese prices. Surprisingly, part of the reason has more to do with the beef market than the dairy case. Corey Geiger, dairy economist with the CoBank Knowledge Exchange, says the growing value of beef-on-dairy calves has significantly changed the revenue...

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Rainfall supports higher yield estimates for Iowa crops

Rainfall supports higher yield estimates for Iowa crops

Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...

U.S. bison gains duty-free access to European Union

U.S. bison gains duty-free access to European Union

Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...

Weather forecast keeping pressure on corn and soybean marketplace

Weather forecast keeping pressure on corn and soybean marketplace

While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...

Record ethanol blend rate lowers fuel costs for drivers

Record ethanol blend rate lowers fuel costs for drivers

The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...

Tight margins make financial analysis critical

Tight margins make financial analysis critical

As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...

South American Weather and Crop Update (8-4-26)

South American Weather and Crop Update (8-4-26)

As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride...

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