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U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer for StoneX, said we’re in uncharted territory. While most farmers have spring needs met, Linville said this is rapidly becoming a long-term supply issue that will start in the fall and continue into 2027. Unfortunately, the...

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Adjustments to the soybean balance sheets in USDA April WASDE report

Adjustments to the soybean balance sheets in USDA April WASDE report

The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...

Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...

Nutrien programs offer revenue paths for Iowa growers

Nutrien programs offer revenue paths for Iowa growers

Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...

Rural America needs more ag tax professionals

Rural America needs more ag tax professionals

Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...

Rising farmer sentiment in March surprised some industry experts

Rising farmer sentiment in March surprised some industry experts

Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...

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