Iowa announces Renewable Fuel Infrastructure grants

Iowa continues to invest in biofuels infrastructure. Iowa Renewable Fuels Association executive director Monte Shaw says grants totaling more than $6.3 million have been awarded to fuel retailers across the state. “They’re cost-share grants, so (the retailers) have to put in some money as well, to add infrastructure to be able to offer higher blends…Continue Reading

Closing Grain and Livestock Futures: October 9, 2024

Dec. corn closed at $4.21, up 1/4 centNov. soybeans closed at $10.20 and 1/4, up 4 centsDec. soybean meal closed at $321.20, down $1.80Dec. soybean oil closed at 43.06, down 3 pointsDec. wheat closed at $5.99, up 4 and 1/4 centsDec. live cattle closed at $187.22, down 65 centsNov. feeder cattle closed at $248.67, down…Continue Reading

Soybeans see modestly higher close

Soybeans were modestly higher on short covering and technical buying, reversing course after a weak open. The trade continues to monitor U.S. harvest activity, expecting good progress in most of the region. Rain is in the forecast for dry parts of South America, but weather models differ on coverage and duration. If soybean planting delays…Continue Reading

Voice of Milk represents three groups on common issues

A new brand has been launched to serve three dairy organizations that often work together.   Laura Hensley tells Brownfield Edge Dairy Farmer Cooperative, Minnesota Milk Producers, and the Dairy Business Association will be known as The Voice of Milk on joint projects. “The three have been working together on some mutual policy, some shared services…Continue Reading

Crop farmer financial vulnerability likely to increase

An ag economist says he’s concerned about the financial position of crop farmers over the next two years if low commodity prices continue. Purdue University’s Michael Langemeier recently analyzed profit margins for farmers over the past five years. “Looking at the farms with high debt-to-asset ratio and low-profit margin, if you look at 2023, approximately…Continue Reading

Broiler sets, placements remain on faster than 2023 pace

Another week, another year-to-year increase in broiler sets and placements. This months-long trend in sets and placements implies higher broiler chicken production in 2024 than 2023. The USDA says 238.202 million broiler-type eggs were set into incubation, a drop of 6.039 million on the week, but up 5% on the year, with average hatchability fractionally…Continue Reading

Farm bill delays leave growers in limbo, Iowa farmer says

A southwest Iowa farmer says farm policy is one of his biggest concerns this fall. Duane Aistrope says farmers need a new five-year farm bill. “We just need to get a darn farm bill passed. It sounds like maybe in the lame duck session we’ll get something done, but I’m not crossing my fingers.” He…Continue Reading

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