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Finding profits in tight profit margins

Finding profits in tight profit margins

Profit margins are always tight for farmers, with some years feeling tighter than others. However, there’s almost always a way to look through those margins and find the best profit levels possible. Chad Hart, Iowa State University professor of economics and ISU Extension and Outreach grain markets specialist, said both corn and soybeans are near the break-even prices this year. While it’s likely that plenty of grain will be sold soon due to the recent market rallies, Hart said that farmers...

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First quarter of 2024 sees phenomenal pork exports

First quarter of 2024 sees phenomenal pork exports

The U.S. Meat Export Federation says March exports of U.S. pork were steady with last year’s volume but were slightly higher in value, according to data released by USDA. Kelli Wicks, manager of market growth for the National Pork Board, said diversification has been...

NCBA official outlines difficult final stretch for farm bill

NCBA official outlines difficult final stretch for farm bill

House Ag Chair GT Thompson has set a May 23rd markup date for his GOP farm bill proposal, but there is still a long road ahead for the proposal. NCBA’s Executive Director of Government Affairs Allison Rivera says she is encouraged that House Ag Chair GT Thompson has...

May WASDE includes an initial U.S. crop assessment

May WASDE includes an initial U.S. crop assessment

The May World Ag Supply and Demand Estimates report includes USDA’s first assessment of domestic and international supply and demand prospects. The 2024-2025 U.S. corn outlook calls for larger supplies, greater domestic use and exports, and higher ending stocks. The...

Growth Energy CEO Skor gives Ethanol policy update

Growth Energy CEO Skor gives Ethanol policy update

The news around the ethanol industry has been hopping for the past months. Whether it has been the EPA finally granting eight midwestern states to sell E15 year-round starting in 2025, yet another E15 emergency waiver, or the discussions over Sustainable Aviation Fuel...

New breakthrough in the battle against corn tar spot

New breakthrough in the battle against corn tar spot

This week Bayer Crop Science announced a new breakthrough in the battle against tar spot. Bayer researchers have developed a method to artificially inoculate tar spot in Bayer field test plots. This will give Bayer Crop Science a leg up in better understanding tar...

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Finding profits in tight profit margins

Finding profits in tight profit margins

Profit margins are always tight for farmers, with some years feeling tighter than others. However, there’s almost always a way to look through those margins and find the best profit levels possible. Chad Hart, Iowa State University professor of economics and ISU...