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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, disagrees however and says that 37 percent is more of a neutral number, and does not indicate expansion or contraction of the herd. There are many market factors that are weighing on the cattle industry and could erase any signs of...
Ernst talks fertilizer costs, trade, and supply chains
Fertilizer supplies and pricing continue to be a major concern for farmers as global tensions and trade uncertainty influence the ag economy heading towards the second half of the growing season. While many producers were able to secure products ahead of spring...
Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that,...
National Farmers Union endorses “Fertilizer Transparency Act”
American farmers are feeling the pressure of high fertilizer costs, and the National Farmers Union is bringing that message to Capitol Hill. Layla Soberanis, NFU senior government relations representative, said the organization has endorsed a newly introduced bill...
Grassley discusses E15 vote in the House
The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...
DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are...
Western drought intensifies despite Midwest rainfall
Recent rainfall across Iowa and much of the eastern Midwest has helped improve soil moisture conditions heading into the growing season, but USDA Chief Meteorologist Brad Rippey says many areas farther west continue battling intensifying drought conditions. Speaking...
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Previewing President Trump’s visit to China and ag trade topics
United States President Donald Trump and Xi Jinping, the President of China, are scheduled to meet this week in Beijing. The meetings will take place on May 14th and 15th with the two sides expected to discuss trade and tariffs, the conflict in Iran and the Strait of...
Iowa lands Vylor seed genetics headquarters
Governor Kim Reynolds today announced that Corteva will locate the global headquarters of Vylor, its future independent seed and genetics company, in Johnston, Iowa, following its planned separation later this year. “With Pioneer’s century-long legacy in seed...
Ernst talks fertilizer costs, trade, and supply chains
Fertilizer supplies and pricing continue to be a major concern for farmers as global tensions and trade uncertainty influence the ag economy heading towards the second half of the growing season. While many producers were able to secure products ahead of spring...
Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that,...
National Farmers Union endorses “Fertilizer Transparency Act”
American farmers are feeling the pressure of high fertilizer costs, and the National Farmers Union is bringing that message to Capitol Hill. Layla Soberanis, NFU senior government relations representative, said the organization has endorsed a newly introduced bill...
