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Money opportunities

By MICHAEL OLESON Vice President, Business Operations Farmland Stewardship Solutions “I’m from the IRS, and I am here to help!” is a phrase that possibly makes a person cringe. It perhaps is said sincerely, but I am confident that the blood pressure of the person hearing those ...

USDA needs to tell the truth

I spoke to my first group face to face in Emmetsburg, Iowa for Farm News post-pandemic. It was open air at a fair-grounds and all there, like me, looked old enough to have been vaccinated. It was a cool early morning and it felt really good to do something besides ZOOM. My son and Brazilian ...

Midwest Marketing Solutions

Northern Trust Company fined NFA has ordered Chicago, Ill. swap dealer The Northern Trust Company (Northern Trust) to pay a $999,000 fine. The Decision, issued by NFA’s Business Conduct Committee (BCC), is based on a Complaint issued by the BCC and a settlement offer submitted by Northern ...

Weekly Review

The feature story in the grain markets this week was the USDA’s release of the highly anticipated June acreage and quarterly stocks data. As usual with the June report, the figures surprised trade, resulting in increased volatility across the ag sector. Corn acreage came in at the low end ...

It’s Friday

Rick Friday's cartoon submission for May 28, 2021

Ag groups make a united, hollow call on meatpackers to play nice

On May 17, six farm groups joined voices to call on the U.S. Department of Agriculture (USDA), Congress, and the Department of Justice (DOJ) to ensure a “more financially sustainable situation for cattle feeders and cow-calf producers.” That’s make-nice farm talk for “Meatpackers are ...

The cattle industry is not for sissies

Part 1 Most ag producers are doing well today…with the exception of cattle producers. As a former cattleman who promoted the industry, with a family still much involved in the industry and someone who identifies with cattle production, I will discuss what I believe is the most profound ...

Crop watch

As the season progresses into late May there appears to be a big discrepancy for soil moisture levels between different sections of the state. In central Iowa and west, last week consisted of five days with rain but barely one inch of accumulated moisture. That will provide enough moisture to ...

Midwest Marketing Solutions

JBS shows first quarter profit The world’s largest meatpacker posted first quarter net profit of $377 million. One year ago, JBS suffered a $1.1 billion loss. With restaurants reopening, U.S. demand for meat is increasing. Exports to Southeast Asia from the United States is also very ...