"Corn had the second-best export year it ever had; ethanol just had a record export year," Hart said. "But I think U.S. ag is sitting here going, 'We could have more if we could calm this trade situation down.'"
"[...]new tariffs are costing jobs and economic research continues to demonstrate immigrants do not harm the job prospects of U.S. workers."
Professor Dermot Hayes has calculated that retaliatory tariffs on US pork will shift profitability from break-even to losing money.
The Iowa Farmland Ownership Tenure Survey shows average age of Iowa's farmland owners is creeping up.
Soybean farmers in the US have been feeling pressure from the US-China trade dispute, even as China moves forward with importing more soybeans.
Pork industry leaders are concerned, but haven't suggested Iowa's pork industry will need to downsize.
"Politico reports that U.S. officials have handed China a list of agricultural trade barriers that “must be lifted” to boost imports from the U.S. to China in an effort to reduce the trade deficit."
"Some economists believe the biggest upticks are among “job jumpers” in tight, growth industries, while “job stayers” are lagging."
"Meanwhile, the U.S. pork industry is continuing its work to develop and maintain market access for U.S. pork beyond China and Mexico."
Tariffs and trade disputes were a hot topic as the World Pork Expo got underway in Des Moines, Ia.
The National Pork Producers Council called for a swift end to the US-China trade dispute in a recent press release.
Trade disputes and the current political environment have some farmers worried another 1980s style farm crisis could be looming.
“Facing the potential of a loss in profits and closed foreign markets amid a U.S.-ignited trade war, farmers here are expressing anxiety about President Donald Trump’s negotiations with a growing number of foreign nations.”
Iowa Select Farms says that trees and new technology can reduce odors from swine operations by 65%.
“Sen. Ben Sasse, R-Neb., is calling the Trump administration’s most recent announcement that it will impose massive steel and aluminum tariffs on U.S. allies in Canada, Mexico and the European Union ‘dumb.’”
President Trump appears to be moving ahead with tariffs on steel and aluminum from Canada, Mexico, and the EU.
Mexico is considering retaliatory tariffs after the US imposed steel and aluminum tariffs.
“Growing trade worries have cut pork prices in recent weeks, costing Iowa producers about $560 million, said Dermot Hayes, an Iowa State University economist.”
“The ongoing trade dispute between the United States and China is hurting pork producers, according to the National Pork Producers Council, to the tune of $2.2 billion in projected losses this year.”
“The National Pork Producers Council (NPPC) has called for an end to the US-China trade dispute, claiming that China’s 25% import tariff on US pork could cost the industry $2.2 billion every year.”
President Donald Trump announced plans to enact $50 billion in tariffs on Chinese imports.
“Iowa economists said Tuesday that President Donald Trump’s decision to impose a 25 percent tariff on Chinese goods will be a painful hit to farmers in the state.”
“Since March 1, when speculation about Chinese retaliation against U.S. pork began, hog futures have dropped by $18 per animal, translating to a $2.2 billion loss on an annualized basis,” said Iowa States’ Hayes.
Wendong Zhang contributes to Wallaces Farmer Timely Tips on cash rent farms.
Alejandro Plastina contributes to Wallaces Farmer Timely Tips on cash rent farms.
US soybean growers have been waiting for the outcome of trade talks with China, which will have a large impact on their bottom line.
“Profits for hogs marketed in April were negative for the second month in a row, according to calculations by Lee Schulz, economist at Iowa State University.”
The 2018 farm bill addresses foot-and-mouth disease concerns by including a vaccine bank.
Experts say the US will struggle to meet necessary production levels to meet White House goal of reducing China trade deficit.
Cash rental rates have increased for the first time since 2013.
Survey respondents at the Iowa State University Soil Management Land Value conference showed optimism about land values in the near future.
A new report form Moody’s Investors Service says Iowa will be hit hardest by China’s soybean tariff.
Nigeria intends to increase access to US imports, including pork.
Current language in the 2018 farm bill calls for funding for foot-and-mouth disease vaccine bank as well as research and prevention.
Six months after it closed the doors on the Nevada, Iowa cellulosic ethanol plant, DowDuPont is still seeking a buyer.
“China may no longer be buying U.S. soybeans in the wake of growing trade divisions, Bloomberg reported Wednesday.”
“Right now, the market is sending the wrong signals to farmers, and bad signals equal bad decisions made on the farm.”
Iowa farmers were met with warm temperatures and plenty of sunshine to start planting for the season.
“In fact, some farmers wouldn’t make it without crop insurance. The costs of seeds, inputs and equipment add up and rely on returns at harvest.”
Japan seems to be opening itself up for ethanol imports, which could help offset current trade worries.
A recent investigation into the North Carolina farm linked to an egg recall revealed a rodent problem at the site.
If China imposes a 25% tariff on soybeans, Brazil and Argentina may fill the need.
“A program that brought Americans government cheese four decades ago could get tapped to protect U.S. farmers if escalating tariff threats between the U.S. and China break out into a full-fledged trade war.”
“This is a disagreement between the U.S. and China, but it has ramifications for Argentina and Brazil.”
Since April 5 hog prices have steadily climbed higher every day.
“U.S. Secretary of Agriculture Sonny Perdue and U.S. Trade Representative Robert Lighthizer announced the government of Argentina has finalized technical requirements that will allow U.S. pork to be imported into Argentina for the first time since 1992.”
“Recent record crop harvests have led to lower prices and Iowa’s economy has already felt the downturn, Hart said in an interview. ‘Tariffs just exacerbate that problem,’ he said.”
Iowa’s agricultural products have been hit hard by China’s additional tariffs.
China retaliated against US tariffs with tariffs against 128 US products, including pork.
Keri Jacobs speaks about the controversial section 199 and section 199a tax laws.
“The agricultural community is at odds on how much they should really be worrying about a trade war as a result of previous and impending tariffs.”
“On Wednesday, China responded to U.S. sanctions with duties on $50 billion of U.S. products, including soybeans, beef, corn and pork, all products that are important to Iowa’s economy.”
China’s tariffs are specifically targeting goods and products that come from battleground states.
If China places a tariff on US soybeans it will hurt Chinese consumers as well as US farmers.
China may be considering a tariff on soybeans from the United States.
About 26% of US pork is sold in export markets, which has farmers worried.
“Pork, one of the 128 U.S. exports that China slapped with tariffs of up to 25%, represents a major part of the $100 billion American livestock industry.”
Economist Chad Hart says that China’s pork and ethanol tariffs are “frightening news” for Iowa.
“Although employment in the swine industry grew three times faster than employment in all U.S. industries along, attracting and maintaining employees is a serious problem for the U.S. pork business.”
“China’s tariffs on U.S. goods took effect Monday and include pork imports, which could create significant financial trouble for Iowa producers.”
China’s retaliatory tariffs on pork and ethanol are creating more pressure on Iowa’s farmers.
Based on futures prices, hog farmers may see a loss of $4.34 per hog.
A trade war between US and China may endanger House seats for Republicans.
China’s tariff on US pork may make prices fall in the US at first, after that it becomes difficult to predict.
“China’s decision to up its tariffs on 128 U.S. products, pork included, worried producers and rippled through the stock market.”
Tariffs imposed by China will hit US agriculture and manufacturing particularly hard.
Soybeans cost less to plant than corn, which may be driving some of the recent switch in crop production.
Pork received some of the highest tariffs from China, which will impact US farmers.
Soybeans are set to outpace corn this year, and many farmers say it’s due to profitability.
The USDA is predicting that farmers may plant more soybeans that corn for the first time in 35 years.
China has imposed tariffs on US steel pipes, pork, fruit, and wine.
Some experts are predicting a dangerous year of high yields and low commodity prices.
Some farmers are afraid that a trade war with China could leave them in financial ruin.
“An overall decrease of 5.6% for custom work can be expected in 2018, according to a survey conducted by Iowa State University Extension.”
Pork producers have been struggling with low returns for years, and now must face tariffs.
Pork exports to China topped $1.1 billion last year.
On Friday, China announced it would impose tariffs on $3 billion worth of U.S. goods, including pork.
“Organic food sales in the U.S. totaled approximately $43 billion in 2016, up $3.3 billion from the prior year, according to the latest figures from the Organic Trade Association.”
Farmers in Minnesota are fearful of backlash from recent tariffs imposed on Chinese goods.
“A new Land Stewardship Project study says crop insurance needs to change to help preserve what’s left of the nation’s family farm tradition.”
An ISU study recently revealed that using cover crops for feed or forage may help cover crops provide a return on investment.
A letter from 150 biofuel production facilities urges President Trump to support the Renewable Fuel Standard.
Lawmakers are seeking to fix provision 199A, which made selling grains to co-ops more lucrative.
One expert predicts Iowa could support nearly four times more CAFOs.
Economist Dermot Hayes says that Iowa’s corn, soybean, pork, and eggs could be targeted in a trade war.
A new study by Gabriel Lade, Sebastien Pouliot, and Bruce Babcock finds that a leading RFS proposal would lower corn prices.
“At current prices, grain farmers are unlikely to make money if the record-high yields of 2017 retreat to average levels.”
“Chad Hart, associate professor of economics, crop markets specialist and Extension economist at Iowa State University, said it’s difficult to say how such a merger among global grain and oilseed giants would affect farmers.”
A recent model used by CARD economist Dermot Hayes shows the projected economic impact of Iowa Select Farms in 2019.
CARD economist David Keiser and Yale economist Joseph Shapiro examine water quality in a new publication.
“Soybeans, Grains Lower Overnight; Iowa State Has Mixed News on Costs.”
A recent study by several CARD authors detailed the benefits of reducing nitrates in Iowa’s water.
A study by Dermot Hayes finds that livestock growth effectively offsets rural economic decline.
Economist Alejandro Plastina offers tips to readers of Wallaces Farmer.
Archer-Daniels-Midland is in talks to acquire commodity trader Bunge.
Economist Dermot Hayes says the US missed a substantial opportunity by withdrawing from TPP.
CARD economist Keri Jacobs says Section 199A deductions favor marketing grain through cooperatives.
"Dr. Keri Jacobs, Iowa State University economist, tells Brownfield Ag News the deduction now favors marketing through cooperatives."
The US ethanol industry exported a record-setting 1.3 billion gallons of fuel in 2017.
A recent study found the Iowa State University’s Vet Diagnostics Lab provides an 8-to-1 return on investment.
Congress is working to fix Section 199A, which some say gives an advantage to certain farmers.
The US is currently the dominant grain supplier to Mexico, but that could change without NAFTA.
The Global Feed Survey estimates just over one billion metric tons of feed were produced globally in 2017.
The US pulling out of the TPP trade deal will leave Canada in a better position.
Iowa State professors Catherine Kling and Matthew Helmers have been forced off an EPA advisory committee.
“The national average price for a bred heifer may be under $2,000, but there are still cattlemen willing to pay more than $3,000 for the right replacement.”
On Friday, the US began renegotiation of the Korea/US trade agreement.
“Before this first-of-its-kind survey, little data existed to fully understand and analyze producer decisions regarding biosecurity investment and adoption of disease-mitigating practices.”
Some farmers in the US have become concerned as they’ve watched their profit margins shrink.
Several factors are pointing towards a solid year for pork producers.
ISU has debuted a new app to help farmers calculate crush margins for hogs and cattle.
Wendong Zhang, Alejandro Plastina, and Chad Hart offer advice to Wallace’s Farmer readers.
Commodity price drops were among the largest concerns about the future of Iowa’s farmland values.
Having a rye cover crop may increase soybean yields for some farmers.
ISU Land Value Survey shows that most farmland sales stay local.
Iowa’s beef industry numbers are looking solid in 2017.
“It’s really obvious as you look across the landscape in Iowa – and this is true in other states as well – that ag boards struggle with how to engage women in co-op governance,” says Keri Jacobs, assistant professor in Iowa State University’s Department of Economics.
Schulz says a spring rally may be affecting this fall’s bred female demand.
“Exports of U.S. beef have increased 14 percent in 2017, with exports to Japan increasing over 30 percent. Increases in exports are also seen to Mexico, Canada, South Korea and Hong Kong.”
A study by Gabe Lade shows that those who save on water bills are more likely to conserve electricity too.
Fifty percent of US soybean crop is exported, according to economist Chad Hart.
“Basis can be a great signal to help farmers figure out where to sell their crops and improve profitability,” Hart said.
The USDA is looking to revise a voluntary pork grading system.
Hayes’ work shows that a foot and mouth disease outbreak could cost the US upwards of $200 billion.
China’s new E10 mandate could bolster demand for US corn stock.
Farm Futures examines the need for, and effectiveness of, crop insurance.
Wendong Zhang and Alejandro Plastina offer tips to Wallace’s Farmer readers.
US Trade Representative Robert Lighthizer said he’s worried about current NAFTA negotiations.
Taking a hard-line approach to NAFTA renegotiations could scuttle the whole deal.
Corn yields are higher than expected this year and prices are lower.
Increased crop corn yields may be a contributing factor to harvest running slow.
A US farmer has become a sought-after precision farming ambassador in China.
Ag industry leaders say pulling out of NAFTA could cost the US $1.5 billion in lost trade.
Some experts believe that a failed NAFTA renegotiation could push Iowa into another farm crisis.
The USDA WASDE report shows corn yields coming in higher than originally expected.
The vice president of the NPPC has warned that losing NAFTA could be a “train wreck.”
Hayes pointed out that the pain from renegotiating NAFTA could be localized to flyover country.
Renegotiation of NAFTA could cause difficulties in some agricultural sectors.
Lee Schulz says that the expansion of pork processing plants in Iowa is plant capacity catching up to production.
US agriculture may be facing downsizing depending on NAFTA renegotiation.
Wendong Zhang offers advice to farmers looking to share labor.
USDA predicts soybean yields at 4.43 billion bushels, up 3% from last year.
A small group of tomato growers in Florida may derail the NAFTA renegotiation.
Alejandro Plastina answers questions about calculating ARC-CO and PLC payments.
ARC and PLC payment amounts have been announced by the Farm Service Agency.
“The combination of strong demand and increasing pork packing capacity should help the livestock industry work through large meat supplies this fall and winter.”
New crop corn is still being harvested, but Chad Hart says prices may not be good enough to induce farmers to sell.
Iowa Public Radio examines how Iowa became the agricultural powerhouse that it is today.
After concerns of a US withdrawal, the US and South Korea will renegotiate the KORUS trade agreement.
Largely driven by farm income, Iowa and Nebraska’s income growth are the lowest in the nation.
Strong yields and low commodity prices are expected to endure through the harvest season.
Iowa’s farmland values are on the rise, thanks in part to scarcity on the market.
The latest USDA crop report increases yields and production numbers for both corn and soybeans.
Wendong Zhang answers questions from readers of Iowa Farmer Today.
CARD economist Alejandro Plastina answers Iowa Farmer Today reader questions.
Trump has threatened to stop all trade with countries that also trade with North Korea, a move that could stifle Iowa’s ag industry.
Iowa’s co-ops aren’t immune to the struggles of low commodity prices.
Gains to the US economy from trade agreements may be getting undersold.
Wendong Zhang talks with reporters from Iowa Farmer Today about his life in Iowa.
After hurricanes Harvey and Irma, the USDA is addressing concerns about using flood-damaged crops.
An expansion of Highway 30 outside of Tama will help link farmers to regional markets.
Experts say the increase may be propped up by a lack of land for sale.
Farmland values came up this year after declining the last several years, but that may be due only to lack of available farmland.
Last year, US exports topped $2.2 trillion, pushed along by 14 free trade deals with 20 countries.
The USDA crop report shows corn production lagging behind last year, while soybeans are keeping pace.
Trump is reportedly discussing terminating the US-Korea trade agreement, which could harm hog farmers.
“After falling by more than half in the past four years, farm income might finally have hit a bottom.”
Wendong Zhang answers farmer’s questions for Wallace’s Farmer readers.
At a rally in Phoenix, Trump said the US may withdraw from NAFTA.
Farmers across the nation are working to trim farm budgets.
A new report says that crop insurance is not environmentally friendly and is costly to tax payers.
A new study by GianCarlo Moschini shows that the RFS has substantially benefited the US economy.
Economist Lee Schulz talks with Iowa Farmer Today about concerns in the pork industry.
Economist Dermot Hayes says that pulling out of TPP presents a “lost opportunity” for Iowa agriculture.
Leaders of Nebraska’s pork industry are feeling worried over moves by the Trump administration.
NPPC vice president Nick Giordano says they are “playing defense” on trade deals.
Chad Hart talks about trade and agriculture at the Iowa Farm Bureau Federation economic summit.
Disney and South Dakota-based BPI have reached an agreement on a defamation lawsuit.
Wendong Zhang explains why the current farm downturn shouldn’t be a repeat of the 80s.
In the wake of the US withdrawal from TPP, other negotiations have begun undercutting US exporters.
Economist Wendong Zhang says he is currently cautious about claims that farmland value is turning around.
Experts say foot and mouth disease outbreak preparation has been neglected, and could be a very costly mistake.
Alejandro Plastina helps answer reader’s questions in the most recent Timely Tips from Wallace’s Farmer.
ISU economist Chad Hart discusses why he feels that agricultural trade is more important than the farm bill.
Business succession plays a vital role in the vitality of rural economies.
According to experts a case of BSE identified in Alabama shouldn’t have an effect on beef prices or demand.
“In the cash market, as reported by USDA-Agricultural Marketing Service (AMS), fed steer prices were higher week-over-week...”
With another record crop predicted, farmers are making room for new soybeans.
Zhang says there are several factors that should alleviate fears of another 1980s farm crisis.
Dave Kanicki examines what “normal” means in context of agricultural crises.
After the EU struck a trade deal with Japan, the NPPC is renewing their push for the US to do the same.
“We’re looking at an annual estimate for 2017 right around that 15-dollars per head,” Schulz says.
USDA quarterly report shows second-largest inventory on record.
“Futures for soybeans and products are ‘the most negative markets at CBOT due to very high production expectations here coupled with high production in South America’.”
Pork production has increased by 3.4%, but demand for pork products has increased 4%.
“Costs that could be measured included spending for food safety staff, harvest foremen, third-party audits, product lost due to animal intrusion and water testing.”
Schulz says the US beef market in China is still “in its infancy,” but has returned after 14 years.
Concerns over trade agreements are still a large focus for US pork producers.
Alejandro Plastina offers some advice about farm expansion in Wallace’s Farmer Timely Tips.
Professor Dermot Hayes joins ISU consortium on emerging carbon economy.
US farmers exported more than $38 billion worth of products to Canada and Mexico in 2016.
Predicted hot and dry conditions are leading to crop concerns in some parts of Iowa.
Pork industry leaders said Mexico is seeking other viable sources of pork amid NAFTA renegotiation concerns.
The cuts include ending the popular Harvest Price Option program.
USDA analysts conclude that wheat quality concerns may lead to more acreage and higher prices next year.
CARD economist Keri Jacobs cites “growth strategy” as a reason for coop consolidation.
“Pork industry executive says NAFTA is top "defensive priority" this year.”
Meat prices at the counter are down from last year, but up from several months ago.
“A major trade crisis between the US and Mexico has been averted after a preliminary agreement was reached earlier this week (6 June).”
Pork producers are being encouraged to adopt a disease response plan.
“Farmers in Iowa and across the nation are particularly worried about the renegotiation of the North American Free Trade Agreement...”
Changes to NAFTA could bring about negative consequences for Iowa’s pork and beef industries.
China’s rejection of pork raised using ractopamine presents a challenge for pork producers.
Livestock producers across the country have been able to capitalize on an abundance of feedstock.
OMB estimates a reduction of government spending on crop insurance subsidies by $28 billion over 10 years.
“Advocates for the hungry worry about poor people losing food assistance. Grassley worries about farmers paying for their own insurance.”
Lee Schulz examines the history of hog prices for Iowa Farmer Today.
“ISU economist Dermot Hayes calculates that if Mexico places a 20% duty on U.S. pork, the industry eventually would lose the entire Mexican market.”
This year could prove to be a “make or break” year for farmers.
Agricultural trade agreements can open access to new customers for US farmers.
A Foot and Mouth outbreak could cost the US $128 billion over ten years.
Corn is still the dominant crop in Iowa, but soybeans are starting to catch up.
Canada’s pork sector is seeing a boost in exports after farmers quit using ractopamine.
Keri Jacobs provides the cover story for AgriMarketing magazine, focusing on consolidation of agricultural cooperatives.
Chad Hart discusses how a NAFTA renegotiation could affect Iowa on Iowa Public Radio.
Farmers are reportedly optimistic about trade deals with China, despite White House rhetoric.
Farmers are making a small shift from corn to soybeans, but a large shift away from wheat.
While farmers may be planting more soybeans in 2017, the shift away from corn is very small.
Economist Chad Hart sees several reasons to be optimistic about grain exports in 2017.
The USDA says grain production in Mexico should return to normal levels in 2017/18.
Exports of US grain, livestock, and ethanol have been strong for years and boosted commodity prices.
“The head of the president’s National Trade Council this week offered a decidedly bleak and suspicious view of global trade.”
Trump’s Secretary of Agriculture may bring a shift in ideology as leadership leaves the Midwest.
The USDA agricultural trade report projects grain and feed exports to drop by $1 billion.
Projected corn and soybean prices, which have both gone up, are used to determine guarantees for revenue coverage programs.
An ISU Extension annual reports shows the cost of corn and soybean production falling by 12 and 9 percent, respectively.
The farm downturn may be approaching an end, but recovery could be tricky.
A senator from Mexico has pledged to introduce a bill that cuts US corn supply out.
“[T]hose who think the repeal of mandatory country of origin labeling has led to lower cattle and hog prices in the U.S. are probably wrong.”
“Chad Hart, ISU Extension Specialist, says this year is looking very much like last year, and farmers will need to strike while they can to capitalize on any potential price rally.”
Ag economist Lee Schulz said there was a tremendous increase in heifers held for replacements.
A border wall could carry with it a tariff on goods from Mexico, which could be bad for Iowa.
Cathy Kling and Wendong Zhang contribute Business Record’s 2017 Economic Forecast.
Phil Gassman talks about CenUSA, which examines perennial biofuel production in the Corn Belt.
An ISU Extension report anticipates lower commodity costs in 2017.
Canada and Mexico are Iowa’s two largest export markets. Trump’s plans could affect Iowa’s agricultural economy.
Ag economists weigh in on how Trump’s departure from TPP could affect Iowa agriculture.
Trump’s special adviser on regulatory reform may face a conflict of interest.
Uncertainty over the future of the biofuels program has dropped the price of RINs.
Trump’s decision to back out of the TPP could hurt farmers in Iowa.
Dermot Hayes helps agriculture.com answer questions about pork exports in 2017.
Ernst and Grassley both remain optimistic about Trump’s cabinet pick.
The USDA has released final crop production numbers for 2016.
A new study reveals GHG emissions from corn-based ethanol are about 43% lower than gasoline on an energy equivalent basis.
Chad Hart says strength of demand may provide some reason to be optimistic.
ISU professor of economics Dermot Hayes talks about the impact of TPP, NAFTA, and free trade on US agriculture.
ISU economist Chad Hart says supplies need to slow down to let demand catch up.
Schulz says he expects 2017 to bring both strong domestic and export demand.
Commodity prices could present challenges to farmers in 2017 after three years of lower farm income.
After highs and lows the last two years, livestock prices are beginning to stabilize.
According to experts, keeping trade lanes open will be the key to profitability for the pork industry in 2017.
Some farmers may improve income by planting more soybeans in 2017.
Trump’s vision for agricultural trade is still unclear.
Livestock profits have fallen, but exports are still helping support the industry.
Experts weigh in on what could be in store for the US feed sector next year.
USDA's recent WASDE report changed some crop expectations, but supports strong domestic and international usage.
Branstad’s appointment to Trump’s cabinet could bolster trade between Iowa and China.
President-elect Trump’s pick for Secretary of Agriculture will signal how his cabinet feels about ag policy.
Numerous signs in the hog, cattle, and turkey industries point to lower meat prices.
Helen Jensen discusses potatoes in the WIC program.
Demand from China, the strength of the dollar, and the South American harvest are all factors in US soybean demand.
Chad Hart says there are some opportunities for grain prices to rally in 2017.
Environmentalists fear that a new packing plant could spur creation of new hog confinements around Clarion.
Industrial hemp production surged in the US during WWII. Iowa peaked at about 40,000 acres of production.
Bruce Babcock talks about the 2016 election and where the candidates stand on farm policy on IPR’s River to River.
A study by Moschini et al. found that farmers of GMO soybeans actually use more herbicides. A Google translated version is available here: http://bit.ly/2dP6QX8.
Farm risk program payments are trending down slightly from last year.
Farmland sales volume may be helping keep farmland prices up.
Chad Hart provides some quick tips for making your farm profitable.
A recent study by Jensen et al. examined how changes in the WIC program affected wholegrain consumption.
John Deere has new acquisition and licensing deals pending.
Falling food prices have been good for consumers, but are putting farmers under more stress.
USDA crop progress report shows 73% of corn and 74% of soybeans rated as good or excellent.
The Chinese company is looking to move into creating technology and strategies for other seed companies.
Egg, pork, and beef prices are all expected to decline despite an estimated overall increase in food prices.
Iowa State's 2016 Norman Borlaug Lecture, "Leading the Fight Against Malnutrition and Hidden Hunger," will be at 8 p.m. Monday, Oct. 10.
CARD has received an $800,000 grant to study water quality.
“Seed maker Monsanto agreed to sell itself to German chemical and pharmaceutical company Bayer AG last week for $66 billion, but the impact on central Iowa is still unclear.”
“Donald Trump’s campaign on Thursday briefly published a fact sheet calling for the repeal of a key part of the federal ethanol mandate...”
GianCarlo Moschini was among the authors of a new study detailing pesticide use with GM crops.
US wheat growers are welcoming US trade enforcement actions at the World Trade Organization.
Despite high commodity prices, most farmers are facing spending more than they earn for the third year.
The 'Food vs. Fuel' debate seems to have lost some steam as corn prices fall while ethanol production peaks.
The Agriculture Department estimates farm incomes will fall about 12% from last year.
Supply of American style cheeses has increased, but the demand has gone down. Now the government has agreed to buy $20 million worth to help the industry.
A group of Iowans in Pomeroy are applying the co-op model to their bar venture.
CARD Director Cathy Kling has a Q&A about the FEW system.
Iowa farmers may be facing income loss after another bumper crop pushes corn and soybean prices lower.
China’s latest five-year plan pushes for commercialization of biotech corn and soybeans.
Keri Jacobs wrote the article “Co-ops Managing through Low Margins” which appeared in Feedstuffs on August 8, 2016.
"Hillary Clinton’s campaign fought back Thursday against a report the Democratic presidential nominee might make significant changes to the mandate requiring ethanol be blended into the fuel supply."
Chad Hart talks with NPR host Charity Nebbe about how Iowa farms have changed in the last 100 years.
"A hot week across the US has not lowered condition rating for feed crop growth and production."
Despite the recent hot weather in the Midwest, crop yields are expected to be on target.
Near-record crop demand hasn't outpaced commodity production.
The Trans-Pacific Partnership will help open trade and increase US exports.
Ag exports account for $57 billion of the US economy, and are expected to increase if TPP passes.
Soybeans closed 41 cents higher after the US Department of Agriculture Acreage and Grain Stocks report was issued.
Hart says that the weakening of the dollar has made US commodities cheaper, which has boosted sales.
Corn and soybean futures climbed after the USDA issued its World Agriculture Supply and Demand Estimates.
With China's farmers culling herds due to high feed prices, the demand for US pork imports has been growing.
Three new Midwestern pork processing plants will come online in the next two years, which may drive some old plants out.
An Informa Economics study found that corn exports increased US gross domestic product by $29 billion.
Ethanol prices are at an 18-month high, leading to speculation that output may rise as well.
Continued problems in Argentina are providing a price spike for US soybeans.
Big-name mergers are changing the agricultural landscape.
Consumer beef prices have come down about 30 cents/lb since this time last year.
A large portion of the chicken products purchased by US consumers are produced under vertical integration.
Mega-mergers aren't the only consolidations happening in agriculture, Chad Hart says.
Despite a report that says GMO foods are safe, the demand for non-GMO foods is growing.
A recent government report finds that the TPP will be beneficial to agricultural producers.
This year's Soil Management and Land Valuation Conference predicted average crop prices and a slight decline in land values.
CARD director Cathy Kling was featured in a USDA blog post that focuses on women in agriculture.
Cathy Kling joins the conversation on the environmental cost of growing food.
USDA early crop planting report indicates the 2016 corn crop may be at or above average.
Keir Jacobs spoke with Matthew Wilde of Iowa Soybean Review for his article “Less is More” which appears in the Spring 2016 issue.
"After trading in a range of $3.55-$3.70 for much of 2016, the May future moved from a low of $3.47 on April 1 to a high of $4.01 on April 21."
The weather in South America has slowed the Argentine soybean harvest, driving prices up.
Some Midwest farmers and ranchers have been advocating for the TPP trade deal.
The US could have the largest wheat ending stocks since 1987, according to the latest World Agricultural Supply and Demand Estimates report.
ISU’s oldest conference to discuss issues related to soil management and land valuation.
The National Pork Producer's Council and other agricultural and food organizations are expressing their support for the Trans-Pacific Partnership.
China has decided to abandon its price support program for corn, which set the price above market prices.
Crop insurance prices in 2016 have been falling alongside the price of crops.
Some food manufacturers, Campbell's, Kellogg, ConAgra, and General Mills among them, have begun voluntarily labeling food products that contain GMOs.
The state's agland realtors say the average price has now dropped 8.7 percent in the last year.
“The Natural Resources and Outdoor Recreation Trust is the most vetted, publicly supported, and substantial way to address water quality and other outdoor quality of life needs in Iowa.”
Because Cuba imports 70%-80% of its food, improved relations could be a boon to Iowa farmers.
A report by Dermot Hayes shows that China's wheat subsidies are costing US farmers $653 million.
The price of commodities is falling faster than input prices, leading to smaller profit margins for farms.
Low oil prices are bringing ethanol profits down, but Iowa plants aren't expected to close.
The governor's three-decades-long water improvement plan in Iowa would generate jobs and economic activity.
Chad Hart says the USDA is predicting 2016 crop outlooks similar to 2013--15.
Lawmakers rejected an $18 billion cut in crop insurance, but reforms could still be coming.
The average all-fresh beef price decreased about 5% from August of last year to January of 2016.
The new headquarters of the DuPont/Dow merger will be housed in Delaware.
The state of Iowa didn't win a contract for the Dow/DuPont headquarters, but the 2,600 jobs at Pioneer will remain.
Hart says the time to take advantage of a basis contract for old crop may have already come and gone.
A report from the USDA's Office of the Chief Economist shows ethanol produces more energy than is required to make it.
Obama's proposed budget would slash $9 billion in funding from USDA.
Non-operator landlords could be an under-utilized group when it comes to cleaning up Iowa's waterways.
Syngenta's $43 billion purchase by a Chinese ag company continues the trend of consolidation in the ag industry.
Bruce Babcock, in a report for the Environmental Working Group, concludes that for every $1 paid into crop insurance over the last 15 years, farmers received $2 back.
Bruce Babcock argues that congress designed crop insurance programs to allow farmers to maximize the payments they receive.
The demand for bacon seems relatively stable despite concerns that processed meats could cause cancer.
According to a state report, Iowa's economy is facing a contraction. Will it turn into a recession?
Despite criticisms, and among talk of reform, farm subsidies are persisting, and growing.
Falling oil prices and rising opposition to the RFS has ADM examining the future of their ethanol plants.
A white paper by Dermot Hayes shows how a tax credit incentivizing renewable biochemical production facilities could benefit Iowa agriculture.
Cruz, an outspoken opponent of the Renewable Fuel Standard, won the Iowa caucus in early February, possibly signaling a decline in the industry's influence.
Andy Uhler of Marketplace.org examines what happens to your wastewater when it leaves your house.
Outside of Iowa the RFS has been facing increasing scrutiny.
Despite what many view as unfavorable politics, China and Cuba have a big effect on Iowa's agriculture.
Senator Grassley has been pushing for the DuPont/Dow headquarters to be located in Iowa after the merger.
As grain prices have fallen, enrollment in CRP has grown in Minnesota.
Former Iowa Governor Tom Vilsack has held his position as Secretary of Agriculture for seven years, and is Obama's last remaining original cabinet member.
Yields may be up, but commodity prices are down, which will create challenges for farmers in 2016.
Iowa Banking Magazine discusses the drop in farmland values with Wendong Zhang.
Farmers’ incomes are expected to fall in 2016. Chad Hart says it’s part of a natural cycle.
A recent Government Accountability Office report finds that USDA might need to improve their response to disease outbreaks.
Wendong Zhang discusses the root of his career with Iowa Farm Bureau magazine.
During campaign stops in Iowa, Ted Cruz both said he would bolster the ethanol market and phase out the Renewable Fuel Standard.
Droughts in the Southern Plains brought larger numbers of feeder cattle to the Midwest. Lee Schulz says that trend probably won’t reverse any time soon.
The recently-released Iowa State Extension land value survey gives some insight into what happens when farmland is sold in the state.
North Iowa farmland value took the biggest hit this year, according to the 2015 Iowa Land Value Survey.
The recently released Iowa State Extension land values survey gives some insight into what happens when farmland is sold in the state.
Iowa's corn and soybean production saw record yields, but not all facets of Iowa's agriculture had such a good year.
Iowa State University recently released the results of its annual land value survey.
The merger will create the world’s second-largest chemical company, by revenue.
Beef and pork markets have fallen from record levels in 2014. Pork producers are facing a break-even 2016.
The El Niño weather pattern will be pervasive this winter and could lead to a drop in crop prices in the near future.
Cash rents have been falling for farmers, but not fast enough to make up for falling commodity prices.
Iowa farmland values fell in back-to-back years for the first time this century as farmers adjust to declining farm incomes.
The rainy, gloomy weather starting off the week did little to brighter Monday's land value survey report released in Ames.
After years of red hot gains, farmland values in Northwest Iowa continue to cool, according to a new survey.
The $1.1 appropriations bill officially brings an end to Country of Original Labeling and a dispute between Canada, Mexico, and the US.
Iowa farmland has declined in value by an average of 3.9% in 2015, or $310 per acre, according to the results of Iowa State University's annual survey.
Vermont's GMO labeling law could give momentum to similar measures in other states.
Per acre value declined $310, or 3.9 percent, since last year's survey.
Monsanto has decided to forgo a $21 million tax credit conditional on the company creating 350 jobs in Iowa.
Iowa farmland values have now fallen for two consecutive years.
Country of Origin Labeling (COOL) will come to an end in the US with approval of the $1.1 trillion spending package.
Results from the survey are similar to results by the US Department of Agriculture, the Federal Reserve Bank of Chicago, and the Realtors Land Institute.
Average Iowa farmland value is now estimated to be $7,633 per acre - having dropped in value for the second consecutive year. Per acre value declined $310, or 3.9 percent, since last year's survey.
Land values were determined by the 2015 Iowa Land Value Survey, which was conducted in November by the Center for Agricultural and Rural Development at Iowa State University and Iowa State University Extension and Outreach.
For the third year in a row, Scott and Decatur counties reported the highest and lowest farmland values, respectively.
The value of average Iowa farmland is now estimated to be $7,633 per acre after having dropped in value for the second consecutive year.
Average Iowa farmland value is now estimated to be $7,633 per acre—having dropped in value for the second consecutive year.
The annual Iowa State University farmland survey finds value of an acre of Iowa farmland dropped 3.9 percent compared to last year.
“A lot of people would expect a much larger decline,” says Wendong Zhang, Extension economist and assistant professor of economics at Iowa State, who referenced last year’s 8.9 percent drop.
The Omaha World Herald discusses the drop in Iowa farmland values with Wendong Zhang.
Iowa State University’s annual survey of Iowa farmland values shows a nearly four percent decline over the past year.
The survey was conducted by Iowa State University's Extension Economist Wendong Zhang. This year's decline marks the second consecutive decrease, following an 8.9% decrease in 2014.
Story County farmland value declined more than 6.3 percent this year to $9,021, down from $9,628, according to the Iowa Land Value Survey released by Iowa State University Monday.
The value of an average acre of good Iowa farmland has fallen for the second consecutive year, according to a survey released Monday.
Iowa farmland values have fallen 3.9% since last year's study.
Iowa farmland values have fallen for the second year in a row.
The National Pork Producers Council is hoping to see Country of Origin Labeling repealed in the US.
The DuPont merger could have some negative effects, including job loss.
An environmental group would like to see the government keep the proposed $3 billion cut to crop insurance programs.
The World Trade Organization approved over $1 billion in tariffs against the US over the Country of Origin Labels.
The true cost of clean water comes in many forms.
A last-ditch effort to restore a $3 billion cut to the crop insurance program failed to pass the Senate.
As EPA increases biofuel targets, the price of RINs is being pushed up.
Babcock says that proposed budgetary cuts wouldn't "cripple" the crop insurance program as some claim.
The EPA increased the biofuel mandate for 2016, but they still fall short of the original 2007 goals.
Several ag groups say that there is a lot of benefit to the TPP, despite some objections.
There is some room for corn and soybean prices to improve, but that may be slowed by large yields.
New trade agreements are only one possible factor that may influence the 2016 hog market.
Crop outlook for 2016 is very much the same as 2015--demand is higher than ever, but Chad Hart says yields are so large it makes demand immaterial.
The DuPont cellulosic ethanol plant in Nevada, Iowa has opened, and workers are aiming to have it online by next year.
Some are calling for a flat tax in Iowa, claiming it will help Iowans and the economy, but not everyone agrees.
Chad Hart says that the increased yield prediction is higher than expected.
Ag commodity leaders have shown their support for the Trans-Pacific Partnership, which could create up to 10,000 jobs.
China looks to be the biggest factor in soybean marketing for 2016.
Corn and soybean farmers in Minnesota began receiving payments from what Bruce Babcock referred to as "the most complicated set of farm programs ever invented."
Economist Keri Jacobs says that the trend of co-op consolidation will likely continue as the number of farmers goes down and farms get larger.
The National Pork Producers Council is urging quick passage of the Pacific Rim agreement.
What kind of economic impact has PEDv had since it was first identified in the US in 2013?
Could cellulosic ethanol plants play a part in helping curb climate change? The US is not unified behind renewable fuels, Babcock says.
Chad Hart says that corn and soybean prices will stay low, leaving some farmers with difficult decisions to make.
Chad Hart says that low-cost producers that didn’t sacrifice yield have the best chance of staying in the black this year.
Talks of breaking up DuPont have resurfaced this month, as the company begins discussing mergers.
Dermot Hayes says he expects the poultry industry to ramp back up within a year, but the broiler industry is still vulnerable to bird flu.
Chad Hart says that crop farmers could be facing negative returns for another year or so before seeing any improvement.
Despite the lack of rain, California will continue to grow a lot of food. Bruce Babcock talks with Marketplace.org.
Agricultural economist Chad Hart recently spoke with Iowa Public Radio for a series examining how the meat industry is changing the US food system and the American diet. Hart talked about Iowa’s biggest cash crop, corn, and the farm diversification.
Chad Hart talks about grain crops and gives marketing advice.
Chad Hart and Cathy Kling weigh in on the negative environmental impacts of farm productivity growth.
Hog supplies and seasonal weights are both up. Lee Schulz explains why that may be.
Ambassador Charles Rivkin calls for world markets to be opened to US farmers, citing a report by Dermot Hayes.
Twelve nations have signed on with the TPP, which could increase US exports. Tobacco companies aren’t necessarily happy with the deal.
According to a recent study by Bruce Babcock, crop insurance programs may be increasing farmers' risk-taking behaviors.
Adjusted numbers by USDA show corn going marginally higher.
The departure of a top DuPont executive has reignited talks of splitting the company.
Bruce Babcock says that rising input prices are turning farmers away from Monsanto products.
Changes in Chinese Yuan exchange rates are forcing some students to re-examine their educational opportunities.
What is shaping up to be an enormous corn harvest could be the driving factor behind losses for Iowa farmers.
Old-crop stocks of corn, soybeans, and wheat are substantially larger than a year ago.
The 15 billion gallon ethanol target of the RFS is still attainable in 2016, Bruce Babcock says.
The deadline for John Deere and the Union of Auto Workers to reach an agreement is closing in.
According to a study by Bruce Babcock and Sebastian Pouliot, demand for E85 could hit one billion gallons if the price is right.
Record inventories could soften margins for hogs and pigs.
The USDA says that in addition to grain, milk and hog price are also falling. USDA predictions say farm income could fall 36% this year.
Bruce Babcock and Sebastian Pouliot say that RFS targets are attainable using E85.
China will buy the equivalent of nearly all soybeans produced in Iowa in 2014/15.
Chad Hart talks about Governor Brandstad's meeting with China's President Xi Jinping.
CARD economist Lee Schulz says that farmers may want to lock in next year's feed at harvest time.
Chad Hart talks about the ISU research farm and the impact it has on area producers.
A study by Dermot Hayes is being used to show the impact of excessive foreign farm support on US wheat prices.
Ethanol industry leaders are dismissive of oil industry’s dire predictions for RFS.
Ethanol leaders have dismissed dire predictions by the oil industry that the RFS would cause sever harm to the economy and US consumers.
As a CARD economist and crop market specialist, Chad Hart has been following the ups and downs of Iowa’s crop markets for years. Hart was recently interviewed for a segment on CBS Evening News, where he spoke about the economic downturn in China and the effect it could have on Iowa’s farmers.
USDA has released a preliminary report, indicating large crop yields, which could drive down prices.
Dermot Hayes says that the economic downturn in China may not affect Canadian pork exports.
CARD economist and crop specialist Chad Hart says to expect lower corn and soybean prices not only this year, but next year, too.
With China buying approximately one-fourth of the soybeans grown in Iowa, an economic slowdown could hurt Iowa farmers.
With low commodity prices and an expected bumper crop of corn and soybeans, many farmers are struggling to make a profit.
Visitors are now flocking to the newly opened Lost Grove Lake just outside the Quad Cities.
Avian flu has decimated hen populations in Iowa. Should poultry farmers get a bailout?
Members of the senate have prepared an amendment that would revise the country of origin labeling requirements.
Leaders in the farming industry are still concerned about the effects of falling commodity prices and how Iowa farmers will cope.
Some farmers are struggling to rebuild after being wiped out by the bird flu outbreak.
Foreign buyers are interested in purchasing US cropland, but local laws may restrict, or outright prohibit, sales.
The EU may be in need of some reform before it can become a solid economic performer.
Dermot Hayes says he's confident that the US will find a solution to China's ractopamine ban, which is keeping US pork out of China.
The debate over Country of Origin Labeling has been ongoing, despite being overshadowed by TPP and TPA.
Farmers rallied in Kansas City to show their desire for EPA to back the RFS.
Avian flu has brought the price of eggs up, but USDA says the price of chicken is actually coming down.
Chad Hart discusses how the new RFS standards will impact Iowa.
Many countries, such as China, don't allow the use of ractopamine, which creates a barrier to trade.
As demand for ethanol has grown, the Dakotas have seen mass conversion of grassland to corn.
Chad Hart discusses the economic impact of the bird flu outbreak in Iowa.
A proposed merger of Monsanto and Syngenta would create an agricultural company that would dwarf all competitors.
The National Pork Producers Council is urging the House to follow suit after the Senate approved the measure.
The National Pork Producers Council is urging passage of the Trade Promotion Authority bill, which would further allow passage of the Trans-Pacific Partnership.
The US pork industry gained market access to the Republic of Macedonia. Dermot Hayes estimates the new market will translate to about $5 million for US pork producers.
The bird flu epidemic in Iowa has wiped out millions of birds and brought the price of breaker eggs up.
Iowa farmers are moving ahead with corn planting at near-record pace, despite worries that crop prices could still fall.
With low commodity prices and high production costs, farmers may be facing a break-even year as a best-case scenario.
As bird flu cases in Minnesota have gotten sparser, they’ve increase in Iowa.
The recent bird flu outbreak in Iowa has caused the destruction of 3.8 million hens at one facility alone.
Terry Branstad talks about ethanol’s impact on the Iowa economy.
The abundance of corn coupled with lower demand has led to lower corn prices, but will that affect the cropping decisions of farmers?
Despite showing pricing advantages, Lee Schulz says that barely 60 percent of producers precondition cattle.
Economist Chad Hart says he doesn’t anticipate a large number of farmers shifting from corn to soybeans this planting season.
The WTO is expected to rule in May on whether or not the US is compliant on COOL labeling. A ruling against the US could result in tariffs.
A recent study by Keri Jacobs finds that some farmers may over-estimate the benefits of applying nitrogen, and therefore over-apply it to crops.
Despite record-breaking demand, grain prices are still being held down by abundant supply.
If egg producers switched to organic corn for feed supplies, how much would the cost of eggs go up?
Some municipalities in the US have enacted soda taxes as a way to help curb obesity, but are they effective?
With EPA expected to announce the blending rate this spring, ethanol supporters and detractors are taking to Washington to push their agendas.
Chad Hart says he sees increasing demand improving the future market outlook for crops.
Iowa's farmers are still struggling to find good prices for corn and soybeans.
A case against the California egg law seemed to stall at the US District Court, but may have gained new merit.
Record cattle and hog prices have been driving the Iowa packing industry.
The Advanced Biofuels Association is looking to Congress for policy changes to level the field with corn ethanol.
CARD researcher John Beghin has joined a support project that aims to improve agricultural policy in Ghana.
Beef prices have jumped about 19 percent over last year, and they could climb another 5-6 percent this year.
Commodity prices will almost certainly increase the cost of the farm bill in its first year, but it could still even out in the end.
The livestock industry has come under fire recently for their negative environmental impact.
Crop marketing can help farmers manage risk and, Chad Hart says, can help protect revenue.
The cost of the 2014 farm bill looks to be rising this year, as falling commodity prices induce more payouts to farmers.
Farmers may be facing large drops in income due to falling commodity prices.
The cost of the farm may grow by $1.5 billion annually depending on which programs farmers choose to enroll in.
Economist Lee Schulz says that expansion of the cattle market was expected, but moving faster than predicted.
Leaders of the ethanol industry are critical of a report issued by the World Resources Institute that is rehashing the "food vs. fuel" debate.
Chad Hart says ethanol producers are facing both good and bad news as corn and oil prices drop.
Chad Hart says he expects to see corn prices below the cost of production in 2015, unless some acres are taken out of production.
The Trans-Pacific Partnership could provide a boon to the pork industry in Iowa.
Chad Hart told Corn and Soybean Digest that farmers may want to watch for early marketing opportunities for 2015 corn.
Corn and soybeans yields were both up in Ohio in 2014, but lower prices meant some farmers still struggled.
According to the CARD ethanol operating margins report, ethanol margins fell slightly in 2014.
CARD economist Chad Hart authored an article about the global impact of fluctuating corn supply and demand.
Production of biodiesel in Iowa dropped slightly in 2014. Bruce Babcock says EPA and Congress are to blame.
Good prices have reportedly led to a two percent increase in hog inventories over last year.
The ethanol industry ended 2014 on a high point, despite smaller margins and lower gas prices.
Some crop yields and commodity prices set new records for Iowa in 2014.
Several farmers and Iowa companies have filed suit against Syngenta over a seed that was rejected for use in China, costing some a loss of business. Chad Hart says many are just seeking clarification on the seed approval procedure.
California's new hen law could raise the price of eggs by as much as 20%, according to Dermot Hayes.
The benefits farmers receive from falling fuel prices could shrink as the price of crops goes down.
Where should farmers start marketing 2015 corn based on 2014 prices? Chad Hart speaks with Corn and Soybean Digest. http://bit.ly/1zT6K4s
Relaxing trade restrictions with Cuba could have a positive effect on Iowa's farmers, according to a research paper written for CARD in 2003.
Chad Hart helps provide information about how the ARC program can work for farmers.
Consumers could be facing higher egg prices in the next few months as a new California law comes into effect.
A recent report by the USDA shows demand for corn and soybeans rising.
The Des Moines Register examines whether falling crop prices could have producers turning to organic crops.
Bruce Babcock says that the Renewable Fuel Standard could be decided by "legislation by lawsuit."
Citing a report by Babcock and Iqbal, the Renewable Fuels Association is calling on the California Air Resource Board to reassess their indirect land use change assessment.
The US grows more than 40% of the world’s corn, but most of it isn’t consumed by humans. Bruce Babcock weighs in on corn’s role in the global food supply.
Chad Hart talks with the Globe Gazette about the future of corn and soybean prices.
A good crop of corn and soybeans could help drive prices back into their typical seasonal cycle.
Voters in Berkeley, California approved a tax on soft drinks in November, making them the first municipality in the US to pass such a measure in an attempt to fight rising obesity rates. While the tax is well-intentioned, two CARD economists, Helen Jensen and John Beghin, say they question whether it will be effective. The duos skepticism of the tax dates back to 2011, when they studied such policies and wrote an article for Contemporary Economic Policy that concluded the tax would be more effective if it were directed at processors, not consumers.
Lee Schulz talks with Iowa Farmer Today about the expansion of Iowa's cattle herds.
As grain prices come down, economist Chad Hart notes that production losses could total $2.6 billion in Iowa alone.
As the EPA has reduced biofuel mandates and delayed rulings, some ethanol producers have become frustrated with an uncertain future.
Chad Hart reports to Agrinews.com that low crop prices may persist in 2015.
Bruce Babcock says that crop insurance plans will still pay out to some farmers this year, despite record corn harvests.
Chad Hart discusses the outlook for crop exports in 2014.
Lee Schulz says that US pork and beef exports have both edged up slightly--just under two percent.
US sugar producers are backing new limits on sugar imports from Mexico, in a move that some say undermines NAFTA.
Early and significant snowfall in some upper Midwest states could drive total corn crop down.
Ethanol's discount to gasoline has shrunk, which makes fuels like E85 less attractive to producers and investors.
Iowa has become even more entrenched in a battle with California over egg production. Brandstad said Iowa will be among states to appeal U.S. District Court decision.
Falling gas prices have put a dent in ethanol margins, but producers still expect to see profits this year.
Dermot Hayes says that conditions are favorable for US pork exports to grow by about five percent next year.
Low crop prices at harvest time, and higher prices in the spring, that farmers are seeing now are more akin to the historical pattern, Chad Hart says.
China has been looking to expand its corn production, but Dermot Hayes says increased production doesn’t necessarily equate to better food security.
Dermot Hayes says it's "only a matter of time" before China’s pork market opens up further.
Grain marketing will be difficult with record-breaking crops expected. Chad Hart says that prices are below estimated cost of production, so farmers should be vigilant in marketing.
A California law that goes into effect in 2015 could make it more difficult for Iowans to sell their eggs in California. Dermot Hayes says that the law will open the door for states to start putting up barriers to free trade.
Bruce Babcock talks with The Gazette about the reversal of farm fortunes--livestock farmers are looking to come out ahead, but the opposite is true for grain farmers.
Chad Hart says that a wide basis problem is causing corn prices in Nebraska to go as low as $1.80/bu. The problem, he says, may soon spread further than Nebraska.
Chad Hart talks with the Des Moines Register about Governor Branstad's assertion that the EPA mislead ethanol producers.
A new cellulosic ethanol plant came online in Emmetsburg, IA this week, but is legislation in the US conducive to a new biofuel? Babcock and Pouliot say we need legislative changes first.
Dermot Hayes has certainly been busy explaining China's possible impact on US agriculture. This article is with Farm Futures magazine.
Legislation in the US and China, PEDv, and African swine fever have all had an impact on pork markets worldwide. Despite all the recent concerns and changes, Dermot Hayes says that China is still in place to have a large impact on US agriculture, at the least, as their need for pork products and feedstock increase.
Far removed from the market highs of yesteryear, Chad Hart says that in some cases the price of corn and soybeans may fall below production costs.
China's changes in free trade policies have the potential to impact US agriculture in a pretty big way. Dermot Hayes talks with Drovers CattleNetwork.
With corn and soybean prices hovering around the break-even point, Chad Hart says farmers need to be smart about what kind of cost savings they look for.
US sugar growers say that Mexico is dumping sugar in the US--selling for less here than they do there. John Beghin discusses the sugar market and US legislation that keep sugar prices here higher than the rest of the world.
Farmers in eastern Iowa are hoping to get rain in the next few weeks to help boost their yields by the end of the season. Chad Hart talks with KWWL Channel 7.
Cathy Kling, Nancy Rabalais, and Eugene Turner discuss the Gulf of Mexico Dead Zone.
Chad Hart talks with the Washington Post about USDA predicting a record-breaking 14 billion bushel corn crop this year.
Economist Chad Hart told farmers that supply has outpaced demand for corn and soybeans, which could lead to lower crop margins.
Concerns such as drought conditions and PEDv have reduced supplies and pushed consumer prices of meat products up. Helen Jensen says that higher prices will push some consumers to choose cheaper cuts of meat, and some consumers will forgo it all together.
Despite the slide in the market, Chad Hart says that crops are still doing well.
The US has had a watershed year in ethanol production. Despite the blend wall, US producers have stepped up production to meet growing worldwide demand for ethanol, and Chad Hart says China could further increase the need for US ethanol.
Bruce Babcock discusses the $50 million in lobbying that helped shape the 2014 farm bill.
What's the current market price of sugar in the US? Does about $3.5 billion per year sound right? John Beghin and Amani Elobeid help reveal the hidden costs of the USDA sugar program.
Chad Hart talks with NPR about row crop production and the high demand for rural land.
Chad Hart discusses what caused a drop in crop prices this July.
The relationship between farmers and the Environmental Protection Agency has often times been tenuous. Bruce Babcock is among the experts that weigh in on why that is.
A US Department of Agriculture report shows that Iowa has 10.1 million acres of soybeans planted this year. Chad Hart explains to the Des Moines Register why that is.
Chad Hart says he expects USDA analysts to count currently-underwater acres of soybeans and corn to count toward total planted acreage in the US; however, they will likely account for the loss in the July report.
Dermot Hayes says that the US could take advantage of China's demand for offal, which could drive down prices of other products in the US.
Whatever the reason, corn stocks have been building but soybeans stocks are smaller than last year. Chad Hart weighs in on why that might be.
Chad Hart talks to the Des Moines Register about falling farm income.
A profile of CARD researcher John Beghin by Iowa EPSCoR.
A profile of CARD researcher Sebastien Pouliot by Iowa EPSCoR. Details Pouliot's work on ethanol policy research.
Some organizations have been calling on farmers in the corn industry to use more sustainable practices. Bruce Babcock explains to the Des Moines Register why companies buying corn may not know much about how it was grown.
Chad Hart is among the experts saying that a Tyson/Hillshire merger could drive up consumer prices.
Porcine Epidemic Diarrhea virus (PEDv) could cause as much as a 7% reduction in US hog production this year. The federal government has announced plans to invest as much as $30 million in controlling the disease. Dermot Hayes talks with USA Today about the current state of the industry.
Dermot Hayes tells The Pig Site that pork exports were stable from 2011 to 2013, and that he's optimistic about the 2014 production year despite the possibility of a PEDv-related production drop.
While Russia’s pork imports from the US have dropped significantly, Singapore has seen a massive increase in imports. Dermot Hayes speaks with Pork Network to lay out current trends in the industry.
Agricultural economist Chad Hart recently spoke to the High Plains Journal about the expected increase in US soybean acres in 2014.
Iowa's winter was relatively long, cold, and dry. Dermot Hayes spoke with the Iowa State Daily about how the winter weather might affect Iowa's crops during the growing season.
CARD economist Bruce Babcock talks with Reuters about crop insurance subsidies in the 2014 farm bill.
Chad Hart discusses with Farm Journal where ending stocks of corn, soybeans, and wheat may go.
In a Des Moines Register article, Chad Hart says that the turmoil in Ukraine could impact world grain markets and lead to higher crop prices.
The 2014 farm bill will have a huge impact on Iowa's economy, but Helen Jensen says that food stamp recipients in certain states will also be affected by how their utility assistance provisions are handled.
A large increase in palm oil production will keep a lid on how high soybean and soybean oil prices can go, Chad Hart says.
Economist Bruce Babcock spoke about "windfall" payouts and farm subsidies.
Chad Hart talks with Iowa Farmer Today about how lower corn and soybean prices could likely lead to lower revenue guarantees for farmers.
When it comes to forage insurance, there’s good news and bad news for Iowa farmers. They good: there are some types of forage insurance available. The bad: there are some types that aren’t available here.
Chad Hart has been employing a new tool, the Commodity Challenge, to teach students about marketing and selling crops.
CARD director Cathy Kling has been involved in nutrient runoff reduction strategy research for years. She's featured in the video at the bottom of the article.
Bruce Babcock spoke with Ethanol Producer Magazine about EPA's proposed rule that would allow a reduction in biofuel mandates.
With the farm bill becoming law on Feb. 7, Chad Hart says farmers need to know the farm bill because they have "a lot of choices to make."
CARD economist Bruce Babcock told the Iowa State Daily that farm bill subsidies for products like rice and catfish won’t lead to lower prices for consumers.
Could the farmland price boom be coming to an end? CARD economist Chad Hart sees signs that farmland prices, and farm income, will be dropping over the next year-and-a-half.
Economist Chad Hart spoke with Iowa Farmer Today, saying that short-dated options can decrease costs by reducing the amount of time premium with the options.
CARD economist Helen Jensen recently spoke with KUNC radio in Colorado about the unsteady union of the farm bill and the SNAP program.
Economist Chad Hart told Harvest Public Media that a change in how subsidies are handled in the 2014 farm bill would make it hard to predict how much the program will cost each year.
Iowa State economist Bruce Babcock was among those who spoke in defense of the Renewable Fuel Standard at the Hearing in the Heartland on January 30. Iowa Governor Terry Brandstad and Secretary of Agriculture Bill Northey were also among those speaking. Babcock has done research on ethanol and gas prices with fellow economist Sebastien Pouliot, and Babcock reiterated their findings that the RFS requirements are not raising gas prices for consumers.
The Fiscal Times wrote an article about the farm bill that contains a reference to earlier research by Bruce Babcock.
CARD economist Chad Hart told attendees of the Crop Advantage Conference in Mason City that crop margins would tighten in 2014, bringing back a “break even” period for corn and soybeans.
Ethanol Producer Magazine summarizes Sebastien Pouliot and Bruce Babcock’s paper examining the impact ethanol mandates have on pump prices.
CARD economist Sebastien Pouliot recently spoke with the Iowa State Daily about the Iowa Legislature calling for the federal government to abandon cutting back on RFS mandates.
As EPA continues to adjust RFS requirements it becomes evident that the blend wall issue is here to stay--at least for now. Bruce Babcock talks to Iowa Public Radio about the implications.
Ag economist Chad Hart talks with Iowa Farmer Today about the USDA increasing demand for corn and soybeans, why it was done, and what it means for farmers.
Need to know more about 2013 crop production or what to possibly expect next year? Chad Hart and the Iowa Soybean Association talk with KMA Radio about the USDA 2013 Crop Production Report.
Bruce Babcock and Sebastian Pouliot detailed ways in which ethanol production and consumption in the US could reach beyond the so-called 'blend wall.' Both have been interviewed multiple times about the subject since. The original CARD paper is at http://bit.ly/KaVGd0
ISU Extension economist Chad Hart says that grain prices should be lower than last year due to demand not keeping up with 2013 production levels. Read about the benefits and the drawbacks.
Bruce Babcock recently worked on a report commissioned by the Environmental Working Group, and found that the crop insurance subsidy program provided a "windfall" of payments following the 2012 drought in Iowa. Babcock concluded that the program overpaid farmers by about $7.2 billion. The analysis has gained a lot of attention from local and national media. Another story from IowaFarmerToday.com.
Pork production giant Smithfield is pushing to end the use of sow gestation crates. Ending the use of gestation crates could lead to higher pork prices, but will consumers want to pay? Follow the link to see what economist Chad Hart had to say about it.
CARD faculty will be taking over the annual land value survey when ISU Extension economist Mike Duffy retires. Duffy has administered the survey since 1986, but starting with the 2014 survey, CARD will be handling the administrative work.
CARD economist Bruce Babcock says the new Supplemental Coverage Option (SCO), which would cover "shallow losses" for crop farmers could lead to overpayment to farmers with crop losses.
Congress still hasn’t settled on a farm bill, meaning that farmers will be operating without one for the second year in a row. Click the link to see ISU Extension economist Chad Hart had to say to Missouri Public Radio about it.
CARD economist Helen Jensen et al. recently released a paper examining how things such as food prices, peer influences, and parent affect consumption of fruits and vegetables among African-American youths.
Radio Iowa spoke with economist Chad Hart about how the record corn crop production looks against the estimated demand. Hart said that demand should be good for this year.
Speaking with PostBulletin.com, CARD economist Chad Hart said that farmers should be expecting "break-even pricing" in the grain market now and possibly for the next five years.
An early-November working paper by CARD economists Bruce Babcock and Wei Zhou has helped spur the national discussion on corn prices and a reduction of Renewable Fuels Standard obligations. Babcock and Zhou have found that a reduction in RFS obligations would result only in "modest" effects on corn prices.
Extension economist Chad Hart weighs in on future soybean prices in a Corn and Soybean Digest article. Hart explains that a number of factors, including increased production in South America, could lead to lower prices in the future.
CARD economists Bruce Babcock Sebastian Pouliot recently released a paper outlining flaws in the idea that the renewable fuel standard mandates will lead to higher ethanol prices. The paper has been gaining considerable media attention in recent months.
Recent CARD papers by Sebastian Pouliot and Bruce Babcock have been promoting discussion about the Renewable Fuels Standard, the so-called ethanol “blend wall,” and the American Petroleum Institute’s assessment that the RFS standard will inevitably lead to higher fuel prices.
Bruce Babcock’s analysis of the Supplemental Coverage Option (SCO) was cited in an article by the Cedar Rapids Gazette, which indicated that SCO could cause “windfall” payments to some farmers.
Bruce Babcock was cited in an article by Drovers Cattle Network that focused on the farm bill, crop insurance subsidies, and Supplemental Coverage Option (SCO). An analysis by Babcock is discussed which showed adding SCO on top of subsidized crop insurance policies could result in payouts to farmers that suffered little to no financial loss.
Critics like Iowa State University economist Bruce Babcock argue crop insurance overhead and premiums subsidies are bloated. In a recent study for the Environmental Working Group, he contends that the harvest-price adjustment used in popular revenue insurance products more than doubled the cost of 2012's claims.
Agricultural economist Bruce Babcock of Iowa State University said lush subsidies encourage farmers to buy high levels of coverage and ultimately drive up the cost to taxpayers. Crop insurance has zoomed in cost in the past decade and is now the most expensive part of the farm safety net.
Iowa farmers prepare to face death panels thanks to federal crop insurance, or Obamacare for corn.