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Iowa Governor Kim Reynolds to receive prestigious USMEF award

Iowa Governor Kim Reynolds to receive prestigious USMEF award

Iowa Governor Kim Reynolds has been selected to receive one of the highest honors from the U.S. Meat Export Federation (USMEF). Governor Reynolds will receive the Michael J. Mansfield Award, and Steve Isaf- founder, chairman and CEO of Atlanta-based Interra International- will receive the USMEF Distinguished Service Award. The awards will be presented Nov. 12 at the USMEF Strategic Planning Conference in Palm Springs, Calif. The Michael J. Mansfield Award was established in recognition of the...

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U.S. soybean farmers face higher input costs than Brazilian producers

U.S. soybean farmers face higher input costs than Brazilian producers

U.S. soybean farmers spend considerably more per acre on production inputs than their counterparts in Brazil, according to a new Farmdoc daily report. The report estimates total input costs average 616 dollars per acre in the United States, compared with 416 dollars...

Farm financial concerns temper improving farmer confidence

Farm financial concerns temper improving farmer confidence

Farmer confidence improved slightly in October, but concerns about farm finances continue to weigh on producers as they evaluate their financial performance and prepare for another growing season. The latest Purdue University/CME Group Ag Economy Barometer shows some...

El Nino could impact potential crop yields in Brazil

El Nino could impact potential crop yields in Brazil

The long-term demand picture for U.S. grain is raising some concerns, as we won’t have many guarantees once China finishes its purchases of U.S. soybeans. If Brazil ends up having the bumper crop that many analysts are expecting, that could make demand for U.S. grain...

Updating Iowa’s corn harvest progress

Updating Iowa’s corn harvest progress

While Iowa was delayed in starting harvest this year due to rain and wet conditions, farmers have made up significant ground in recent weeks. However, Iowa still lags behind the national corn harvest pace which has almost caught up to the five-year average. That is...

Renewable fuels group backs EPA plan to restore RFS volumes

Renewable fuels group backs EPA plan to restore RFS volumes

The Renewable Fuels Association is supporting an EPA proposal to restore renewable fuel volumes lost through small refinery exemptions under the Renewable Fuel Standard. At a hearing Wednesday, RFA President and CEO Geoff Cooper said the agency should reallocate all...

There’s still a chance for an updated farm bill

There’s still a chance for an updated farm bill

Both the Senate and Congress now have Democrat majorities, which changes what we might see in the next farm bill, assuming we get one soon. Duane Simpson, president of the National Council of Farmer Cooperatives, said he believes some work will get done to finish the...

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U.S. Export Sales Report (11-5-26)

U.S. Export Sales Report (11-5-26)

While this week’s export sales were better than what we’ve seen recently, concerns over long-term market demand have the commodities needing more. Allendale commodity broker Greg McBride said the corn sales performed well this week. McBride said the sales were good...