A five-minute summary of AAI, regulation, and industry activities for members of the largest state agribusiness association in the nation. | |
Another Union Votes Against Agreement |
This week, the International Brotherhood of Boilermakers voted against the rail agreement negotiated in September. Currently, seven unions have ratified the contract and three have voted against it. The outcomes of two additional union votes are pending.
The earliest date for a potential rail strike is now December 9, 2022.
According to an article in Reuters, the union (IBB) "fully expects to continue negotiating further toward a satisfactory contract in the future with the NCCC."
The Agribusiness Association of Iowa has signed on to letters sent to President Biden and Congress urging continued work toward a final agreement and swift intervention in the event of a strike or lockout.
From Reuters: "A rail shutdown could freeze almost 30% of U.S. cargo shipments by weight, stoke inflation, cost the American economy as much as $2 billion per day and unleash a cascade of transport woes affecting U.S. energy, agriculture, manufacturing, healthcare and retail sectors."
Full Article from Reuters
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FMCSA Clearinghouse Update
Article Courtesy Agricultural Retailers Association
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Beginning January 6, 2023, when three years of violation data is stored in the Clearinghouse, prospective employers must not conduct manual inquiries. Employers of CDL drivers must conduct a query in the Clearinghouse at least once a year for each CDL driver they employ (see § 382.701(b)).
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The following list of members have recently completed their membership investment for 2023.
Thank you for your membership!
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- Nutrien
- Dultmeier Sales LLC
- Ken's Feed Store Inc.
- Agrineed Inc.
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- AgState
- First Interstate Bank
- StoneX Group Inc.
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ATTENDEE REGISTRATION NOW OPEN | |
KNOWLEDGE
WITHOUT LIMITS.
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The business of agriculture has a lot going for it. And in no place it that more true than Iowa. That’s why hundreds of agribusiness professionals take part in the Agribusiness Showcase & Conference every year.
Whether you're gaining the latest insights or honing your knowledge, the Agribusiness Showcase & Conference has the expertise and the access you need to make your business better. Level up and take your A game to new heights. The opportunities are boundless.
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BECOME AN EXHIBITOR
OR SPONSOR
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If you want to make new contacts among the hundreds of attendees, spend scheduled time one-on-one with an invited client in a meeting room, or launch your latest product, Showcase is the place to make it happen.
Register now to claim your spot and harness the potential. The possibilities are endless.
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November 28
Showcase Committee
10:00 AM | AAI Main Office Board Room
December 8
Joint Agronomy & Environment Committee Meeting
10:00 AM | AAI Main Office Board Room
December 12
Membership Committee Meeting
10:00 AM | AAI Main Office Board Room
December 15
AAI Board of Directors Meeting
10:00 AM | AAI Main Office Board Room
February 14 & 15
Agribusiness Showcase & Conference
Knapp Varied Industries Building
Iowa State Fairgrounds | Des Moines, Iowa
Click Here to Register Online
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WATCH THE AGRIBUSINESS REPORT | |
Cover Crop, Relay Cropping, and No-Till Workshop at Madison County Fairgrounds Dec. 1 |
Iowa Learning Farms, in partnership with Madison County Soil & Water Conservation District, will host a cover crop field day on:
Thursday, December 1, 2022
12:00 p.m.-2:00 p.m.
Jackson Building
Madison County Fairgrounds
Winterset, Iowa.
The free event is open to farmers and landowners and includes a complimentary meal. Reservations required to ensure adequate space and food. To register to attend, contact Alena Whitaker at 515-294-2473 or ilf@iastate.edu.
Additional information and registration:
https://www.iowalearningfarms.org/events/madison-county-workshop
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Iowa Nitrogen Initiative Seeks Participants for Rate Trials | We encourage AAI members to identify farmers, crop advisors, and variable rate applicators willing to take part in this initiative. |
Participating in the nitrogen trials is easy. Farmers commit to reserving a small portion of their farm field (four to seven acres) for a personalized variable rate nitrogen prescription. All other farming decisions, including the nitrogen application for the rest of the field, remain with the farmer. A well-calibrated yield monitor and variable rate nitrogen application are required.
Farmers, crop advisers, and variable rate applicators interested in participating should contact Melissa Miller, Project Director for the Iowa Nitrogen Initiative, by emailing millerms@iastate.edu or calling 515-567-0607. Learn more at agron.iastate.edu/ini.
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Spending time with family and friends at Thanksgiving remains important for many Americans and this year the cost of the meal is also top of mind. Farm Bureau’s 37th annual survey provides a snapshot of the average cost of this year’s classic Thanksgiving feast for 10, which is $64.05 or less than $6.50 per person. This is a $10.74 or 20 percent increase from last year’s average of $53.31.
The centerpiece on most Thanksgiving tables — the turkey — costs more than last year, at $28.96 for a 16-pound bird. That’s $1.81 per pound, up 21 percent from last year, due to several factors beyond general inflation.
This year’s national average cost was calculated using 224 surveys completed by Farm Bureau volunteer shoppers from all 50 states, recording pricing data in person and online using grocery store apps and websites from Oct. 18-31.
According to Michigan Farm Bureau Senior Industry Relations Specialist Ernie Birchmeier, that was before most grocery store chains began featuring whole frozen turkeys at sharply lower prices.
“Many stores are offering loss leader pricing on turkey and promotions on other items to get shoppers in the door, which can be a good way to bring down the cost of the meal,” Birchmeier noted.
According to USDA data, the average per-pound feature price for whole frozen turkeys was $1.11 the week of Nov. 3-9 and 95 cents the week of Nov. 10-16, a decline of 14 percent in just one week; and the share of stores offering feature prices rose from 29 percent to 60 percent.
[...] Read Full Story
- View Full American Farm Bureau Federation data and release
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The Interamerican Institute for Cooperation on Agriculture (IICA) convened its first-ever "Sustainable Agriculture in the Americas" pavilion at the UN Climate Summit (COP27) and partnered with the Protein PACT and other stakeholders to convene a total of nine events focused on animal agriculture's key role in sustainability solutions.
The Protein PACT events included a November 9 panel on sustainable livestock across regions and production systems, wherein National Pork Board Assistant Vice President Ashley McDonald shared U.S. pork's commitments to ethical principles, best practices, and documenting proof. The Pork Board and Pork Checkoff pioneered on-farm sustainability reports, which have been awarded $20 million in USDA Climate-Smart Commodities grant funding to expand measurement and implementation of climate-smart practices.
William Hohenstein, director of the office of energy and environmental policy at the United States Department of Agriculture (USDA), also gave a detailed presentation on mitigation and adaptation actions, including the significant incorporation of new technologies, innovation, and research.
“We have resources at our disposal, thanks to the fact that this year the United States approved the Inflation Reduction Act that has implemented the most important climate change agenda that we have ever had in this country. We are reaching all livestock farmers in the country, with more than 70 projects, valuing 3 billion dollars across all the states. This includes beef, pork, poultry, and dairy producers,” said Hohenstein.
[...] Read Full Story
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Source: DTN Progressive Farmer
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The latest data from the Energy Information Administration show another drawdown in domestic ethanol inventories through Nov. 11 as production dropped for the first time in seven weeks and demand ticked higher.
EIA reports ethanol production in the United States tumbled 40,000 barrels per day (bpd) or 3.8% to a five-week low 1.011 million bpd last week, 4.6% below than the same week a year ago. Four-week average production at 1.034 million bpd was 44,000 bpd lower than the corresponding four weeks in 2021.
Midwest ethanol production was also lower for the first time in seven weeks, falling 38,000 bpd or 3.8% to 954,000 bpd, a five-week low.
Domestic blending activity increased 9,000 bpd to 893,000 bpd through Nov. 11, 5,000 bpd below the corresponding week in 2021.
Data show refiner and blender net inputs along the East Coast PADD 1 continued lower, down 2,000 bpd to 321,000 bpd on the week while gaining 5,000 bpd in PADD 2 to 242,000 bpd, up 5,000 bpd at the Gulf Coast PADD 3 to 153,000 bpd and rising 2,000 bpd along the West Coast PADD 5 to 146,000 bpd last week.
[...] Read Full Story
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Those hoping to build a snowman this season (or sit inside and enjoy the charm of winter weather from a distance) have better chances of their dreams coming true. An update to the Climate Prediction Center’s official winter forecast shows colder weather and higher chances of precipitation than the last forecast.
The 90-day-outlook was published Thursday morning by the Climate Prediction Center, part of the National Oceanic and Atmospheric Administration’s (NOAA) National Weather Service. It gives people a rough idea of what December, January and February will look like across the country.
Last month, the long-rage winter forecast showed dry and unseasonably warm weather for nearly everyone – not exactly the recipe for a white Christmas. This month, things are looking wintery, at least for half the country. The effects of La Niña are still clearly visible, splitting the country in two.
A La Niña climate pattern tends to divide the country in half, bringing a dry winter to the southern half and a wetter winter to the northern half.
You can see that pattern in the forecast map released Thursday (below): While the Pacific Northwest, Midwest and Northeast are forecast to see above-average precipitation, the Southwest, Southern and Gulf Coast states are all looking dry.
The seasonal temperature outlook is less obviously wintery, but it’s an improvement over last month, where no parts of the country were forecast to see colder-than-average weather.
The states from the Pacific Northwest to the western Great Lakes are most likely to see an extra-cold winter.
[...] Read Full Story
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THE AGRIBUSINESS REPORT
Follow host David Geiger on Twitter:
@geigerreports
Watch daily broadcast live:
KCRG-TV Cedar Rapids
WHO-TV Des Moines
KYOU-TV Ottumwa
Watch online any time:
https://agribiz.org/report
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