Statewide Iowa — The 2020 Harvest is speeding toward completion. Ninety-seven percent of soybeans have been harvested. Iowa Ag Secretary Mike Naig says about one-and-a-half MILLION acres of corn was left to be combined when the week started — that’s equal to just 13 percent of this year’s corn crop. Read more
Statewide, Iowa — Far fewer Iowans are expected to travel for Thanksgiving this year due to the pandemic which will likely mean smaller gatherings around dinner tables, and a potential drop in sales for Iowa turkey producers. Read more
IARN — Following a night of waiting for election results, the National Farmers Union (NFU) calls the U.S. withdrawal from the Paris Climate Agreement “Shameful.” The United States formally exited the Paris Climate Agreement Wednesday, three-and-a-half years after President Donald Trump pledged to do so. National Farmers Union says 189 countries have ratified the historic agreement so far, which aims to keep “a global temperature rise this century well below two degrees Celsius above pre-industrial levels.” Read more
IARN — Financial markets are being fueled by the General Election, while grain markets look toward other present and future events. Jim McCormick, branch manager of Ag Market, offers additional insight below.
Favorable weather conditions this week push fall harvest toward the finish line. McCormick reports, “Basis prices are starting to firm up,” which may present local producers an opportunity to make cash sales. Read more
IARN — Going into the 2020 election, we knew there was going to be a shake up of leadership coming on the House and Senate Ag Committees. Both Senate Ag Committee Chairman Senator Pat Roberts (R-KS) and House Ag Committee Ranking Member Congressman Michael Conaway (R-TX 11th) were going to be retiring. Along with House Committee Chairman Collin Peterson (D-MN 7th) and Senate Committee Ranking Member Debbie Stabenow (D-MI), they shaped the look of agriculture legislation for the past several years. Two legs of the stool were going to be leaving. Read more
Northwest, Iowa — Export markets helped Iowa pork producers sell some animals this past spring when their usual processing paths were disrupted by the pandemic. Read more