Agri-Pulse DriveTime

Iowa Senator Charles Grassley hasn't changed his opinion on foreign ownership of farmland and clearly understands the top concerns of farmers in his state. Agriculture Secretary Brooke Rollins applauds the Senate Agriculture Committee's recent attention to fertilizer price and availability. 

The World Health Organization declared an Ebola disease outbreak a public health emergency of international concern. A new survey says farmer sentiment over land values are key farmer risk management and capital decision. American Farm Bureau Market Intel suggests consumers will shop the meat case for their holiday meal plans. 

President Trump postponed a military strike on Iran at the request of nations who say serious negotiations are underway. Winter wheat condition continues to fall as planting progress continues to advance for both corn and soybeans. A key leader steps down at USDA. 

This week's summit between President Trump and Chinese President Xi established new lines of cooperation for trade and hopes for more deals to be announced soon. Traders anticipate the harvest pace will advance in both Brazil and Argentina and that the USDA will report a big increase in corn and soybean planting here in the U.S. 

Nebraska Representative Adrian Smith was instrumental in seeing 218 votes for year-round E15 legislation yesterday in the House of Representatives.  Smith today said the policy is a win for farmers and consumers and hopes bipartisan support will continue for the legislation in the Senate. Smith favors trade opportunities for U.S. farmers and is hoping for results with President Trump's visit to China. 

Members of the House of Representatives are scheduled to vote on legislation to approve the year-round sale of E15. Follow Agri-Pulse for updates and reaction to the vote.  The U.S. Senate approved Kevin Warsh as the next chair of the U.S. Federal Reserve.

Farmers and industry leaders shared their challenges with members of the Senate Agriculture Committee this afternoon. Meanwhile farmers and ethanol industry supporters spent time on Capitol Hill lobbying for an expected vote on E15 legislation tomorrow. 

President Donald Trump is expected to sign a pair of executive orders to expand beef imports and grow the domestic cattle herd, according to a White House official. The National Cattlemen's Beef Association opposes the move. The Senate Agriculture Committee will address fertilizer price and availability at a hearing tomorrow. One witness says the industry is in a crisis. 

The Trump administration has reached a settlement in an antitrust case against data-sharing company Agri Stats. The Justice Department is continuing its investigation in the beef processing industry.  The Court of International Trade ruled President Trump's tariffs on global imports is illegal. The USDA announced today the implementation of the Whole Milk for Healthy Kids Act. 

President Trump has given the European Union until July 4 to approve the trade deal approved last year. Brazilian President da Silva says the war with Iran is not over and will cause more damage than Trump imagines. Drought area in the U.S. is growing. Frost and cold temperatures could be a threat to newly emerging crops. 

Union Pacific and Norfolk Southern are again seeking approval from the Surface Transportation Board to merge, forming the nation's first coast to coast railroad company. President Trump is expect to host Brazilian President Luiz Incio Lula da Silva for talks about shared economic and security issues. Gasoline prices are up 31-cents a gallon over the last week, that's over 50% higher than a year ago. 

Farmers indicated a more challenging outlook in the latest Ag Economy Outlook Barometer. Iowa Soybean farmer Dave Walton testified before a USTR hearing today saying trade sanctions have proven to cost farmers global markets. Walton is hopeful soybeans are included in the upcoming trade summit with President Trump and Chinese leader Xi later this month. 

A Trump cabinet official says "help is on the way" for high gasoline prices. Corn and soybean planting is advancing and wheat condition continues to slip with less than a third of winter wheat acres rated either good or excellent. Acting Attorney General Todd Blanche says an investigation is underway of the major beef processors potential anticompetitive conduct. 

The focus of a new farm bill now turns to the U.S. Senate. Chairman John Boozman says his committee will take up the measure later this month or in early June. Nutrition programs, pesticide labeling, and state livestock production standards are major obstacles leaders will have to navigate in search of 60 votes.

The House of Representatives approved its version of a farm bill today. House Agriculture Committee Chairman Glenn "GT" Thompson comments on the bill. Senate Democratic Whip Richard Durbin says the upper chamber will produce a bipartisan bill. NCGA President Jed Bower is still hopeful for E15 legislation. 

Consideration of a new farm bill and amendments is back on track in the House of Representatives. House Ag Committee Chairman Glenn "GT" Thompson says science is on the side of the policy language that protects ag companies with approved pesticides from frivolous lawsuits. Thompson says E15 legislation "needs a little more time". 

The House Rules Committee continues to consider amendments to the Agriculture Committee's farm bill proposal. Follow Kim Chipman's coverage at www.agri-pulse.com. NCGA leaders say they need a farm bill and E15 legislation. ASA testified before the USTR's Section 301 hearing on international trade. 

An amendment to the House Farm Bill to allow E15 sales year-round is before the House Rules Committee. Geoff Cooper with the Renewable Fuels Association says it's a multi-step process to final approval. Emily Skor with Growth Energy says approval would save consumers money at the pump and grow availability in the retail space. 

Agriculture Secretary Brooke Rollins today announced a second round of assistance for farmers who suffered from natural disasters. Soybean farmers are hopeful the House of Representatives will approve a new farm bill next week. ASA President Scott Metzger says the economic climate has worsened since the year began. 

House Agriculture Committee Chairman Glenn "GT" Thompson believes he has the votes to approve the committee's farm bill proposal in the lower chamber. An effort to see E15 language in the bill is underway. Small refinery exemptions remain a sticking point for some in the refining industry. 

The oil industry opposes the farm bill amendment to extend year-round sales of E-15. President Trump has extended the ceasefire with Iran but maintains the blockade of U.S. ports. The Iranian military has attacked cargo ships in the Strait of Hormuz. A respected Georgia representative has passed. 

Financial and commodity markets were largely influenced by anticipation of peace talks between the U.S. and Iran. President Trump has extended the ceasefire deadline. The delay brings to question if and when a summit between the U.S. and China will take place and when the Strait of Hormuz will open allowing free trade of oil and fertilizer to resume. 

Representatives of the rice industry appealed to U.S. Trade Representative Jamieson Greer to mount a trade probe into unfair trade practices in the international rice market. President Trump offered mixed messages on trade negotiations with Iran today as the ceasefire deadline draws near. The USDA reported corn and soybean planting progress above the average pace today. 

Members of the House of Representatives are expected to vote on the ag committee's farm bill proposal before the end of the month. House Agriculture Committee Vice Ranking Member Shontel Brown isn't sure many of her fellow Democrats will support the proposal. Brown says Democrats want to reconsider cuts to the SNAP programs. 

Iowa Senator Charles Grassley realizes the pain U.S. farmers are feeling from increased input prices due to the war with Iran. The Iowa Republican says the reason for the war is not well understood. Congressional ag leaders continue to discuss additional farm assistance this year. 

Iowa Congressman Zach Nunn tells Agri-Pulse E15 legislation may soon be released. Leaders of the National Pork Producers Council are in Washington this week lobbying for a new farm bill that includes a fix for California's Proposition 12. 

Farm groups and university analysis give evidence that the economic climate for crop farmers has become more challenging following the war with Iran.  Fuel and fertilizer prices have spiked further squeezing farm profit margins. Farmers say planting decisions may be impacted this year. 

Agriculture leaders spoke to members of the North American Agriculture Journalists today in Washington. Deputy Agriculture Secretary Stephen Vaden updated the group on the USDA reorganization plans and investigation into farmer input prices. 

Economic reports this week showed the impact on the nation's economy from last year's government shutdown and on consumer prices from the impact of the war with Iran. Despite a challenging financial picture for crops, farmer optimism showed improvement over previous surveys. 

The USDA increased the average price expected for some commodities in today's WASDE report. Carryover estimates for corn and soybeans were left unchanged while wheat stocks grew slightly. Soybean domestic crush offset an expected drop of export sales. The EPA today proposed weakened rules governing the safe disposal of ash produced by burning coal. 

Congress returns to Washington next week facing challenging policy issues including E15, new  farm policy and additional economic assistance for farmers. Iran closed the Strait of Hormuz following attacks by Israel on the militant group Hezbollah in Lebanon. The U.S. has its nominee to lead the U. N. World Food Program.

Financial and commodity markets were unsettled as the world counted down to President Trump's deadline for Iran to yield control of the Strait of Hormuz. China and Russia blocked a resolution at the United Nations to open the shipping channel. Weeks after Bridge Assistance funds have been sent to row crop producers. Specialty crop farmers are still waiting for their share of financial assistance. 

Thousands participated at the White House Egg Roll today. Emily Metz with the American Egg Board reports from the event. The Iran war is providing uncertainty for Fed Policymakers. The USDA's first weekly crop progress report indicates winter wheat condition is running behind a year ago. Brazil's soybean harvest is advancing with some corn acres challenged by dry weather. 

Emily Metz of the American Egg Board gives a preview of the White House Egg Roll on Monday and Atmospheric Scientist Eric Snodgrass outlines what could be a powerful weather anomaly during the U.S. crop growing season. 

Dry soil is a growing concern for a number of farmers approaching Spring planting. Two fertilizer producers want to keep countervailing duties on fertilizer imports. Gasoline prices continue to climb and egg prices are down significantly compared to a year ago. 

Agriculture Secretary Brooke Rollins, the Commerce Department and members of Congress are looking for a public action plan on how to stabilize fertilizer markets and reduce prices. Brazilian consultancy firm AgRual has cut its forecast for corn production and raised its outlook for soybeans. Crop analysts question if the USDA's planting survey accurately reflects farmer crop intentions resulting from the war with Iran. 

The USDA's Prospective Plantings report today showed more corn and fewer soybean acres than traders expected. Dan Basse with AgResource Company says the totals will change and crop prices will face pressure. Legislation has been introduced to provide incentives for plant-based products. 

The USDA is set to release a March 1 Grain Stocks report and a Prospective Plantings report for the 2026 crop year. Analysts question whether fertilizer availability and price will influence final acreage. The nation's pork producers hope for the certainty of a new farm bill with a fix for California's Proposition 12 law. 

President Trump welcomed hundreds of farmers, ranchers and agriculture leaders to the White House today to offer updates on issues critical to the ag industry. Farmers were pleased to hear calls for more renewables in the fuel supply as well as efforts to expand global trade opportunities. 

Farm groups are speculating what information the Trump administration might share at a White House event tomorrow. Farm groups hope renewable energy regulations as well as updates on E15 legislation and USMCA might be included in President Trump's remarks Some analysts speculate corn acreage will fall significantly in next week's USDA acreage report. 

President Trump has rescheduled a visit to China for mid-May. EPA Administrator Lee Zeldin announced an emergency E15 waiver for the summer driving season. Industry representatives were grateful and still hopeful the Trump administration would have additional good news for renewable fuels before the end of the month. 

Senate Agriculture Committee Chairman John Boozman has a goal of completing a new farm bill in "weeks not months". Committee Ranking Member Amy Klobuchar says Democrats have some priorities for the new policy including pushing back on SNAP cost share dollars for states. 

The Agri-Pulse Ag and Food Policy Summit today was a huge success today at the National Press Club. House Agriculture Committee Chairman Glenn "GT" Thompson says work is underway to see the committee's farm bill approved in the House. EPA Administrator Lee Zeldin says new RVO numbers will be released by the end of the month and USTR Ambassador Julie Callahan says the U.S. trade balance is slowly improving. 

Senate Majority Leader John Thune introduced bipartisan legislation to increase transparency in fertilizer price discovery. Cattle placed in feedlots during February were well above a year ago. Wildfires have burned over 800,000 acres in Nebraska. Thousands of head of cattle are left without pastures as fires are still burning in the state. 

The Trump administration funding request to help support the war with Iran drew the ire of Senate Minority Leader Chuck Schumer. Over fifty farm groups sent a letter to the White House and Congress requesting additional assistance funds and a more certain revenue outlook through both legislation and regulations. Drought in the Plains states is helping to drive Chicago wheat prices higher. 

The Fed Reserve left short term interest rates unchanged, but still projects a rate cut this year. The Trump administration took action to lower shipping costs in an attempt to soften rising fuel and fertilizer costs. The war with Iran is making a shift to energy resources. 

While signup and participation in the USDA Bridge Assistance program is said to be running smoothly for row crop producers, representatives of specialty crop growers in the country say acreage reporting is a challenge and payment rates aren't yet clear. Both agree assistance for specialty crop growers grossly understates producer revenue losses. 

A possible delay in President Trump's visit later this month to China pressed soybean prices. USDA Undersecretary Richard Fordyce says signup for the USDA's Bridge Assistance Program has made excellent progress. National Corn Growers Association President Jed Bower says farmers recognize the urgency of getting E15 approved. 

Two major commodity organizations are calling for fertilizer manufacturers to drop their support for countervailing duties on nutrient imports. A report this week suggests China is outspending the U.S. on public agriculture research. NOAA Climate forecasters indicate a possible shift to warm and dry weather for the Midwest growing season. 

Evidence from farm country points to ongoing financial challenges and the threat of farm losses this year. The war with Iran is pushing fuel and fertilizer prices higher and adding to economic headwinds for farmers nationwide. 

North Dakota Senator John Hoeven says additional funding for the war with Iran could prove a vehicle to send more financial support for farmers and victims of wildfires. Food prices ticked up in the month of February and a new study suggests Food Is Medicine could provide a financial support for small and medium sized farms.