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DOJ continuing investigation into alleged meatpacking antitrust violations

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 examining whether consolidation among the nation’s largest meatpackers contributed to inflated beef prices for consumers and reduced prices paid to cattle producers. The four largest beef processors control roughly 85% of the fed...

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E15 heads to House vote under cloud of distrust

E15 heads to House vote under cloud of distrust

A standalone bill allowing nationwide year-round sales of E15 is still expected to receive a vote in the U.S. House this week, but the path to that vote has created growing frustration among many agriculture state lawmakers. The tension began when Speaker Mike Johnson...

Grain markets monitoring three major headlines

Grain markets monitoring three major headlines

The ag marketplace has been all over the place recently. This week alone saw double-digit moves in both positive and negative directions for corn and soybeans, with both markets finishing the week higher. There are a few major news factors that have led to this...

Tracking fertilizer costs since the beginning of the conflict in Iran

Tracking fertilizer costs since the beginning of the conflict in Iran

Fertilizer prices have climbed sharply following the outbreak of conflict involving Iran, raising concerns about higher production costs for U.S. farmers in the years ahead. Analysts say nitrogen fertilizers have seen the largest increases due to disruptions tied to...

E15 fight reaches critical moment in Congress

E15 fight reaches critical moment in Congress

The push for nationwide year-round E15 could soon clear one of its biggest hurdles yet as the U.S. House prepares to vote on standalone legislation next week that would permanently allow the fuel blend to be sold through the summer driving season nationwide. Growth...

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U.S. red meat exports were strong in March

U.S. red meat exports were strong in March

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...