Friday December 19 Cattle on Feed Report - National and by State

 United States Cattle on Feed Down 2 Percent

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on December 1, 2025. The inventory was 2 percent below December 1, 2024.

On Feed, by State  (1,000 hd  -  % Dec 1 '24)
Colorado .......:            910             86        
Iowa .............:            700            106        
Kansas ...........:          2,440           101        
Nebraska .......:          2,670           103       
Texas ............:           2,610           91           

Placements in feedlots during November totaled 1.60 million head, 11 percent below 2024. Net placements were 1.54 million head. Placements were the lowest for November since the series began in 1996. During November, placements of cattle and calves weighing less than 600 pounds were 435,000 head, 600-699 pounds were 375,000 head, 700-799 pounds were 320,000 head, 800-899 pounds were 255,000 head, 900-999 pounds were 130,000 head, and 1,000 pounds and greater were 80,000 head.

Placements by State  (1,000 hd  - % Nov '24)
Colorado .......:                105             78            
Iowa .............:                 94            103             
Kansas ...........:               320             80              
Nebraska .......:               460             90              
Texas ............:                285             83           

Marketings of fed cattle during November totaled 1.52 million head, 12 percent below 2024. Marketings were the second lowest for November since the series began in 1996. Other disappearance totaled 53,000 head during November, 4 percent below 2024.

Marketings by State  (1,000 hd  - % Nov '24)
Colorado .......:                110             85          
Iowa .............:                 92               92          
Kansas ...........:               330              87           
Nebraska .......:               420              88           
Texas ............:                290              88         

Friday December 19 Ag News - Rural Mainstreet Index Stretches Up - Fischer's Ag Haulers bill - 108 Renewable Fuels Projects Approved in Iowa - Callahan Confirmed as USTR Ag Negotiator - and more!

Rural Mainstreet Economy Expands in December
Farm and Ranchland Prices: Highest in 20 Months

For only the second time in 2025, the overall Rural Mainstreet Index (RMI) climbed above growth neutral 50.0, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

Overall: The region’s overall reading for December increased to 50.1, its highest reading since July 2025, and was up from November’s 44.0. The index ranges between 0 and 100, with a reading of 50.0 representing growth neutral.

“Weak agriculture commodity prices and high input costs for grain producers continue to restrain economic activity in the 10-state region,” said Ernie Goss, PhD, Jack A. MacAllister Chair in Regional Economics at Creighton University’s Heider College of Business.

When asked to identify the most effective policy changes to boost farm income, half of the bank CEOs named the reduction of farm tariffs and trade restrictions as the most effective or useful. Fewer than one in five named the passage of a five-year Farm Bill, and almost the same share identified the recent $12 billion farm aid program as a top priority.

Farming and ranchland prices: For only the second time in the past 20 months, farmland prices expanded above growth neutral. The region’s farmland price index improved to 52.5, its highest level since April 2024, and was up from 43.2 in November.  

Bankers reported that farm loan delinquencies expanded by only 1.6% over the past six months.  “As the farm economy has weakened significantly over the past two years, farm loan delinquencies have remained virtually flat. Even so, one-third of bankers indicated that their banks had tightened credit standards,” said Goss.

According to trade data from the International Trade Association (ITA), regional exports of agriculture goods and livestock for the first nine months of 2025, compared to the same period in 2024, fell from $8.7 billion in 2024 to $8.4 billion in 2025, for a decline of 3.6%. Exports of agriculture and livestock for the nine-month period to the region’s major trading partner, Mexico, advanced by 2.1%, while the export of agriculture and livestock to China plummeted by 87.6%. 

Farm equipment sales: The farm equipment sales index slightly declined to a very weak 15.0 from November’s 15.1. “This is the 28th straight month that the index has fallen below growth neutral. Lower interest rates have yet to stimulate farm equipment purchases,” said Goss.

Confidence: Rural bankers remain pessimistic about economic growth for their area over the next six months. The December confidence index rose to 40.9, its highest reading since January of this year, and was up from 32.0 in November. “Weak grain prices and negative farm cash flows, combined with tariff retaliation concerns, continue to weigh on banker confidence,” said Goss.

Below are the state reports:
Nebraska: The state’s Rural Mainstreet Index for December increased to a regional high of 54.2 from 49.2 in November. The state’s farm and ranchland price index for December rose to 53.0 from November’s 46.6. Nebraska’s new hiring index slumped to 46.4 from November’s 53.4. Nebraska’s year-to-date exports of agricultural goods and livestock expanded to $957.2 million in 2025, up from $622.7 million during the same period of 2024, for a gain of 53.7%. 

Iowa: December’s RMI for the state increased to 47.6 from 47.0 in November. Iowa’s farm and ranchland price index for December advanced to 51.3 from November’s 45.2. Iowa’s new hiring index for December sank to 43.7 from November’s 51.8. Iowa’s year-to-date exports of agricultural goods and livestock reached $1.4 billion in 2025, up 30.5% from $1.1 billion during the same period in 2024, according to the latest data from the ITA.

The survey represents an early snapshot of the economy of rural agriculturally- and energy-dependent portions of the nation. The Rural Mainstreet Index is a unique index that covers 10 regional states, focusing on approximately 200 rural communities with an average population of 1,300. The index provides the most current real-time analysis of the rural economy. Goss and the late Bill McQuillan, former Chairman of the Independent Community Banks of America, created the monthly economic survey and launched it in January 2006.

 

Farm Credit Services of America Invests in Northeast Nebraska iHub

As construction continues on the Northeast Nebraska iHub in downtown Norfolk, support from industries, organizations, and foundations remains strong.

Farm Credit Services of America (FCSA) is the latest contributor to the innovative technical training and entrepreneurial center, investing $25,000 toward the $8.5 million project.

Located at 707 W. Norfolk Avenue, the 18,000-square-foot iHub facility is designed to advance workforce development in manufacturing and agriculture. By emphasizing upskilling and credentialing, the iHub aims to become a regional cornerstone for technical education and economic growth.

While construction is slated for completion in late spring to early summer of 2026, iHub Director Erin Sharpe and Trainer Henry Goeden are already engaging students across Northeast’s 20-county service area. Northeast Community College’s iHub welcomed more than 240 students this summer to a series of hands-on camps focused on robotics, coding, and STEM exploration. Over the course of eight weeks in June and July, the iHub led 14 summer camp programs across five communities – Norfolk, Randolph, South Sioux City, West Point and O’Neill – serving students in kindergarten through 12th grade, with most participants in grades four to eight.

Matt Hoesing, regional vice president for FCSA, expressed pride in supporting the initiative.

“As a cooperative dedicated to serving rural communities, Farm Credit believes in investing in the people and institutions that drive innovation and opportunity in agriculture and beyond,” Hoesing said. “Northeast Community College plays a vital role in preparing the next generation of leaders and skilled professionals in our region. The iHub is a bold step forward — bringing cutting-edge technology, workforce training, and STEM education to the heart of Norfolk. It’s exactly the kind of forward-thinking initiative that strengthens rural Nebraska for years to come.”

Tracy Kruse, vice president of development and external affairs at Northeast and executive director of the Northeast Foundation, expressed gratitude for FCSA’s continued partnership.

“Farm Credit Services has supported other Northeast initiatives, and we deeply appreciate their ongoing commitment — not just to the college, but to the economic vitality of the entire region,” Kruse said.

The iHub project has received significant early support, including two grants totaling nearly $4.6 million from the U.S. Economic Development Administration and a $750,000 Community Project Funding allocation requested by U.S. Representative Mike Flood. Leadership gifts of $250,000 each have also been announced from Nucor Divisions in Nebraska and Norfolk Iron and Metal. Additional support has been received from manufacturers, employers, financial institutions, and foundations.

Naming rights are available for donations of $25,000 and above, with gifts from $500 to $24,999 acknowledged on a donor recognition display.

Northeast is in the final stages of fundraising and invites supporters to make a difference by contributing gifts of all sizes between now and the end of the year. To learn more about the iHub Campaign, contact Tracy Kruse at foundation@northeast.edu or call 402-844-7240. 



Governor Pillen Announces Appointments to Boards and Commissions
 
Thursday, Governor Jim Pillen announced appointments made to boards and commissions from July 1, 2025 through November 30, 2025.

A list of current board and commission openings can be found on the Governor’s website (https://governor.nebraska.gov/board-comm-req), along with instructions on completing an application.

Ethanol Board
Jaimie Bearup, Lincoln
Scott McPheeters, Gothenburg
Taylor Nelson, South Sioux City

Nebraska Brand Committee
Susan Connell, Hyannis

Wheat Development, Utilization and Marketing Board
Amy Warner, Edison



Fischer Reintroduces Bill to Support Ag Haulers

U.S. Senator Deb Fischer (R-NE) reintroduced the Haulers of Agriculture and Livestock Safety (HAULS) Act to strengthen the transportation of America’s agricultural products.

“Nebraska’s farmers and ranchers feed and fuel our world, but burdensome regulations make it harder for their goods to be transported. That’s why I’ve introduced the HAULS Act to ensure that Nebraska’s ag products reach consumers in a safe and timely manner,” Fischer said. 

The HAULS Act would: 
    Eliminate the requirement that ag and livestock hours-of-service (HOS) exemptions only apply during state designated planting and harvesting seasons.
    Amend and clarify the definition of “agricultural commodities” based on feedback provided by agriculture and livestock organizations.
    Expands on Fischer provision signed into law by authorizing a 150 air-mile exemption from HOS requirements on the destination side of a haul for ag commodity haulers.



DAKOTA Farm Show Features Equipment, Services and Seminars!

The USD DakotaDome in Vermillion, SD is set to kick off the new year by hosting the Dakota Farm Show, January 6, 7 & 8, 2026 (Tuesday–Thursday). The annual three-day event is expected to bring thousands of area farmers to the warm and comfortable USD DakotaDome to view hundreds of exhibitors showcasing the latest agricultural products, equipment, and services.

This year’s show will again feature educational seminars presented by SDSU Extension and Southeast Research Farm on Wednesday. Wednesday seminars will include topics related to agronomy and soil health. Thursday’s sessions will focus on livestock management, self-care and community vitality. Complete and up-to-date seminar schedules are available at www.DakotaFarmShow.com.

Attendees will also enjoy the return of the popular Bomgaars DeWalt Tool Blowout, offering special pricing on a wide variety of tools and accessories throughout the event—an annual favorite with showgoers.

In addition to exhibits and seminars, attendees can register to win $1,000 in Showbucks, given away each day at 1:00pm, courtesy of Purple Wave Auction. 

“The show is a fantastic way for area farmers to kick off the new year, see the latest innovations in agriculture, and gain new information from our top-notch seminars,” said Show Manager Penny Swank.  

This year’s show once again features an online, interactive floor plan. Attendees can review exhibitors and the floor plan at www.DakotaFarmShow.com.

The Dakota Farm Show runs January 6, 7 & 8, 2026 at the DakotaDome (University of South Dakota campus) in Vermillion, South Dakota. Admission and parking are free. Show hours are 9am–5pm Tuesday and Wednesday, and 9am–3pm Thursday. For additional information, visit www.DakotaFarmShow.com or contact Show Manager Penny Swank at (507) 437-7969.



108 Renewable Fuels Infrastructure Projects to Expand Access to E15, Biodiesel in Iowa

Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Renewable Fuels Infrastructure Program (RFIP) Board approved 108 projects during their quarterly meeting on Dec. 17 to support new and expanded biofuel infrastructure projects across the state.

The approved projects are in 46 counties and represent nearly $4.59 million in total requests, including $3,987,039.12 for 93 ethanol-related projects and $600,142.66 for 15 biodiesel-related projects. These cost-share investments help drivers save money by expanding access to lower-cost, cleaner-burning homegrown biofuels like E15 (Unleaded 88) and biodiesel.

“These investments are about making it easier and more affordable for Iowans to choose homegrown fuels at the pump,” said Secretary Naig. “By helping fuel retailers upgrade and modernize their infrastructure, we are expanding access to E15 and biodiesel, supporting local jobs, and benefiting Iowa communities. These projects also help ensure fuel stations are prepared to meet Iowa’s E15 Access Standard and serve their customers well into the future.”

Here's a short list of some of the projects completed in western Iowa....
(county - company - town - dollars invested - type of project)
Carroll Casey's General Store Carroll $13,624.22 Retail E15 Site
Carroll Drees Oil Carroll $75,000.00 Retail E15 Site
Carroll Kimmes Enterprises LLC Coon Rapids $6,646.31 Retail E15 Site
Page Casey's General Store Clarinda $13,277.59 Retail E15 Site
Plymouth Kimmes Enterprises LLC Le Mars $8,246.49 Retail E15 Site
Pottawattamie Casey's General Store Council Bluffs $19,971.32 Retail E15 Site
Pottawattamie Casey's General Store Council Bluffs $22,656.32 Retail E15 Site
Sac Cubby's Inc. Odebolt $75,000.00 Retail E15 Site
Woodbury Bajrang Mart LLC Sioux City $34,503.38 Retail E15 Site
Woodbury Leeds Food and Fuel Sergeant Bluff $50,000.00 Retail Biodiesel Site
Woodbury Leeds Food and Fuel Sioux City $75,000.00 Retail E15 Site
Woodbury Murphy Oil USA, Inc. Sioux City $1,636.06 Retail E15 Site
Woodbury Murphy Oil USA, Inc. Sioux City $23,341.21 Retail E15 Site

Since the cost-share grant program began in 2006, the Department has invested nearly $70 million toward expanding renewable fuels infrastructure in Iowa. This investment has been matched by approximately $280 million from Iowa convenience stores and fuel retailers.

These ethanol investments are also helping more Iowa fuel stations come into compliance with the E15 Access Standard. Iowa is the first state in the nation to enact an E15 Access Standard, which requires most fuel retailers to offer E15 by Jan. 1, 2026. The law was passed by the Iowa Legislature and signed by Gov. Reynolds in 2022.

With additional cost-share funding available, the Department continues to welcome grant applications to assist more fuel stations with infrastructure improvements and upgrades. Applications are available at iowaagriculture.gov/IRFIP. 



NPPC Congratulates Callahan on Senate Confirmation
 
National Pork Producers Council President and Ohio pork producer Duane Stateler released the following statement after the U.S. Senate confirmed Julie Callahan to serve as chief agricultural negotiator in the Office of the U.S. Trade Representative.
 
“Congratulations to Julie Callahan on her Senate confirmation as chief agricultural negotiator, a vital seat at the table to represent U.S. agriculture trade interests. We are confident she will be a champion for America’s pork producers, fighting to break down unfair trade practices and opening new markets, which will boost international demand for U.S. pork.”

NPPC has pushed the administration to quickly fill the chief agricultural negotiator position, which is especially critical to American agriculture given ongoing trade negotiations. In 2024, an estimated 7.1 billion pounds of U.S. pork was exported—more than 25% of pork production. Pork export values in 2024 totaled $8.6 billion dollars, equating to an average of $66 in value from each hog marketed.



USMEF Statement on Dr. Julie Callahan's Confirmation as USTR's Chief Ag Negotiator

The U.S. Senate has confirmed Dr. Julie Callahan to serve as chief agricultural negotiator at the Office of the U.S. Trade Representative (USTR).

U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued the following statement:

Julie Callahan brings an unparalleled level of knowledge, experience and dedication to this position and USMEF congratulates Dr. Callahan on her confirmation by the U.S. Senate. This is an especially critical time for agricultural trade, with ongoing negotiations between the U.S. and many key trading partners. USMEF thanks the U.S. Senate for its timely confirmation of a proven leader who is a tireless advocate for U.S. agriculture. 



Growth Energy Congratulates Julie Callahan on Her Confirmation as USTR Chief Ag Negotiator 

Growth Energy Thursday congratulated Julie Callahan on her confirmation as the U.S. Trade Representative’s (USTR’s) chief agricultural negotiator.

“As the Trump Administration works to strengthen America’s hand in global trade and deliver new opportunities for U.S. agriculture, Julie Callahan’s leadership will be essential,” said Growth Energy CEO Emily Skor. “Her deep experience at USTR and strong command of the issues facing our farmers and biofuel producers make her an outstanding choice for this critical role.” 

“We look forward to continue working with her to advance trade opportunities and expand export markets for biofuels, and to support continued growth and certainty for rural communities across the country.”

Thursday December 18 Ag News - Tax Prep - Grazing Corn Stalks into Winter - NCGA Corn yield Winners Announced - Ethanol Record Production - Fertilizer Prices Drop - and more!

 The evolution of an industry
Alfredo DiCostanzo, Nebraska Extension Beef Systems Educator

Whether you have been working in the beef industry for decades or started recently, recognizing the ability of this highly diverse group of people to evolve swiftly and efficiently may not be so obvious. Segmentation of the industry and the perception that the best interests of one segment are not common to the best interests of the next segment lead one to think that the US beef industry is far from modernized, efficient, and responsive.

When looking at how most other beef-producing countries deal with beef marketing, one element stands out about the US beef industry: grading standards. Grading standards for beef (USDA Quality and USDA Yield Grade) were developed in 1916 and published in 1923 to create a common language for market reports. By 1926, the United States Standards for Grades of Carcass Beef were made official.

During mandatory implementations of grading standards (World War II and the Korean War) the industry discovered that beef trade based on grading eliminated bias based on packer size or influence. Today, US beef grading is voluntary yet over 90% of beef traded in the US is graded.

In the late 1980’s and early 1990’s, the US beef industry sought to “rectify” the issue of “excessive” fat. Crossing the traditional British breeds, prevalent until the mid-1970’s, with Continental breeds increased lean (and frame) of cattle. This was in response to the medical community suggesting that fat was a negative nutrient in human diets, which directly or indirectly caused heart disease.

We know now that chasing this goal drove consumers away from beef.

Somehow the industry knew what it needed to do. In the 1990’s, it refocused on beef best attributes: marbling and flavor to regain consumer trust in the product and share of the meat and poultry market. USDA Certified Beef Programs, such as Certified Angus Beef and many others, led this change.

This is where implementation of USDA Quality and USDA Yield Grades permitted producers along the beef supply chain to aim at specific targets. This advantage is unique to the US (and a few other countries) where there are grading standards.

Then, in 2003, another hiccup: the discovery in the US of the first case of Bovine Spongiform Encephalomalacia (BSE or “Mad Cow Disease”).

However, the US beef industry was refocused. By the time the 2005 Beef Quality Audit was published, the industry had rectified the issue of carcasses with low marbling. Since that time, the proportion of carcasses reaching USDA Choice, USDA Choice grades receiving premiums (upper two thirds) and Prime increased dramatically. Today, over 85% of the carcasses reach USDA Choice or better grades.

The collective effect of these efforts and the appropriate monetization of premiums and discounts by packers and USDA Certified Beef Programs for traits that enhance or detract from quality or consistency have led an industry of over 700,000 independent individuals to focus on the consumer.

The result is that in 30 years, these individuals changed the industry to meet consumer demand. Imagine what they will do in the next 30 years!



RECORD KEEPING FOR TAXES 
- Shannon Sand, NE Extension Educator 

It’s that time of year again. Time when we need to start preparing for taxes. Most people probably know that farmers and ranchers’ last day to file taxes is March 1st, so it’s important to make sure we have everything together.

For example, if you paid an individual a total of $600 or more for rent, services, or interest as part of your agricultural business you may be required to report the payments with form 1099 (starting 2026 this number will increase to $2,000). So now is a good time to start going through everything and making sure it is in order and noting receipts that are tax deductible like fertilizer, seed, and fuel to name a few.

Throughout the year producers receive money, property, and services from many places. Your records can help you identify the source of receipts, and this information is important to help separate farm and nonfarm receipts and taxable from nontaxable incomes. For example, buying fuel for a vehicle that is used to check pasture is tax deductible, as well as things like fencing materials, net wrap, and repairs to equipment to name a few.

Preparing now can help speed up the tax preparation process. All this information is used to help prepare tax returns and just as important can help producers monitor the progress of the operation. Records can show if the business is improving and can help us identify potential changes to make.

For additional information on record keeping and taxes you can visit cap.unl.edu OR the IRS publication 225 (2024) ‘Farmer’s Tax Guide,’ at: https://www.irs.gov/publications/p225 


 
CORN STALK QUALITY AFTER WEATHERING 
– Jerry Volesky, Pasture & Range Specialist 

Fall rain and snow are good for wheat and next year’s crops, but it does have its drawbacks.   One challenge is its impact on corn stalk feed quality.

While some parts of Nebraska have been dry this fall, other areas of the state have received some rain and consistent snow over the past several weeks.  Rain reduces corn stalk quality several ways.  Most easily noticed is how fast stalks can get soiled or trampled into the ground if the fields become muddy.

Less noticeable are nutritional changes.  Rain or melting snow soaks into dry corn stalk residue and leaches out some of the soluble nutrients.  Most serious is the loss of sugars and other energy-dense nutrients, which lowers the TDN or energy value of the stalks.  These same nutrients also disappear if stalks begin to mold or rot in the field.  Then palatability and intake also decline.

Another factor that affects cornstalk grazing is wind.  Throughout the fall, there always seems to be those days where excessively high winds will easily blow corn leaves and husks off the field.  This of course, can impact the amount of feed, and after grain, those leaves and husks contain the highest nutritional quality.

There is little you can do to prevent these losses.  What you can do, though, is to closely monitor cow and field conditions while adjusting your supplementation program accordingly.  Since weathering by rain reduces TDN more than it reduces protein, consider the energy value of your supplements as well as its protein content.

Weathered corn stalks still are economical feeds.  Just supplement them accordingly



Calculating annual cow costs webinar series scheduled in 2026

The Nebraska Extension will host the “Calculating Annual Cow Costs Webinar Series” in January and February. Knowing annual cow costs is the foundation for evaluating and making management decisions that can improve profitability for a cow-calf enterprise.

Input costs are challenging for producers to examine and identify where there may be opportunities to adjust the production system. Calculating costs and breaking them into categories gives an understanding of where there may be an opportunity to make changes.

The webinar series will be held from 7:30 to 9 p.m. (CST) on January 29, February 2, and 5.

Topics to be covered will include:
    Understanding economic unit cost of production for the cow-calf enterprise.
    Recognizing the value and cost of both grazed and harvested feed.
    Calculating cow depreciation and replacement development costs.
    Figuring the cost of equipment and labor utilized in the cow-calf enterprise.
    Examining breeding expenses and evaluating the value and cost relationship.
    Reviewing benchmark cost and production data to see how you compare.

The webinar series is $70 per person and includes a resource workbook. The course will be limited to 40 participants. To register, go to https://go.unl.edu/cow_costs. Registration is requested by January 19 to ensure the meeting material has time to be mailed to participants.

A computer and internet connection are required to participate in the webinar series.

For more information, contact Aaron Berger, Nebraska Extension Educator at 308-235-3122 or aberger2@unl.edu.



Industry Leaders Recognized for Service to Soy

Leaders in agricultural innovation, policy, storytelling and more were among those touted for outstanding contributions benefiting the soybean industry. The recognition was given in eight award categories by the Iowa Soybean Association (ISA) during its annual awards luncheon and ceremony held Dec. 17 in West Des Moines.

“Many people are driven to deliver for Iowa’s soybean farmers,” said Tom Adam, ISA president and soybean farmer from Harper. “We extend our congratulations and appreciation for the meaningful contributions of this year’s award recipients to our industry. Their achievements make this an even more exciting time to be a soybean farmer.”

Whether a lifelong soybean farmer, innovator in production, or a champion for fellow producers, the 2026 ISA Leadership Award recipients have demonstrated a passion for the future of soy. Award categories, sponsors and recipients include:

Legacy of Leadership Award (presented by Stine Seed): John Heisdorffer, a soybean farmer and ISA past president of Keota, has advanced the goals of the association through his commitment to enhancing the soybean industry.

Rising Star Award (presented by Farm Credit Services of America): Lily Moeller of Orange City actively promotes Iowa agriculture and plans to remain involved in the industry through future personal and/or professional endeavors. This award includes a $2,000 stipend for educational expenses.

New Leader Award (presented by Corteva Agriscience): Brock Grubbs, a soybean farmer from Ogden, continues to deepen his involvement in ISA programming while growing his commitment to the industry and his local community.

Environmental Leader Award (presented by Agri Drain): Nick Helland, a soybean farmer from Huxley, is a leader in integrating sustainable practices on his acres. Through his work with ISA’s Research Center for Farming Innovation, Nick has implemented unique strategies to improve soil health and enhance water quality.

Innovator in Production Research (presented by John Deere): Chris Gaesser, a soybean farmer from Lenox, highlights the role precision agriculture plays in managing practices to improve farm profitability. His experiences have allowed ISA to continue finding new opportunities for farmers to implement cutting edge approaches.

Friend of the Iowa Soybean Farmer (presented by Cargill): Iowa State University President Wendy Wintersteen has shown a deep understanding of agricultural issues and remains a steadfast supporter of Iowa’s soybean growers. Her unique perspective and distinguished career have helped advance farmer priorities and research across the state.

Advocate for Iowa Agriculture (presented by Bayer Cropscience): Bob Quinn, host of WHO Radio’s The Big Show, has helped connect Iowa farmers with audiences across the state through his unique ability to communicate about the state’s agriculture industry. His efforts have exposed a wide audience to the impact of agriculture in daily life, as well as the challenges and successes of Iowa farmers.

Policy Champion Award (presented by Champion Seed): Morey Hill, a soybean farmer and past ISA and American Soybean Association (ASA) director from Madrid, has been a lifelong advocate for policies and regulatory matters benefiting soybean farmers and the industry. His relationship building with elected officials and collaborative spirit showcases a dedication to advocacy at the local, state and national levels.

“This year’s crop of award recipients are valued voices to our industry,” said Adam. “We look forward to the many contributions they will continue to make benefiting soybean farmers.”



2025 Yield Contest Winners Announced

The National Corn Growers Association (NCGA) is excited to announce the winners of the 2025 Yield Contest. With growing conditions that led to a projected record corn crop, this year’s participants delivered impressive yields, once again showcasing the ingenuity and resilience that define U.S. agriculture.

In its 61st year, the Yield Contest saw nearly 7,800 entries from farmers in 47 states. Entrants across the 10 production categories had verified yields averaging 269 bushels per acre. The highest yield for the year came out of Charles City, Virginia – 572.2589 bushels per acre in Class H (strip-till irrigated) for David Hula. 

"The Yield Contest is really about finding out what this crop is capable of,” said Ohio grower and NCGA President Jed Bower. “And as corn farmers, we get to show what we’re made of, too. It challenges participants to find innovative ways to succeed and contribute to decades of agronomic data that prove that American farmers are great at what we do.”

Nebraska Winners (name, home town, brand & number, yield)
A:Conventional Non-Irrigated Class
1 Paul Tighe Homer DEKALB DKC114-43VT2PRIB - 278.8896
2 Glen Thoene Hartington Golden Harvest G12U11-AA 277.0799
3 Dylan Lempka Sterling Pioneer P14364PCUE 270.8651

C:No-Till Non-Irrigated Class
1 Jeff Baker Pender DEKALB DKC68-35RIB 300.3370
2 Joni Jaeger Winside DEKALB DKC62-89RIB 286.4676
3 David Jaeger Winside DEKALB DKC68-35RIB 286.2305

E:Strip-Till, Minimum-Till, Mulch-Till, Ridge-Till Non-Irrigated Class
1 Doug Parde Adams Pioneer P13777PCE 281.2374
2 Galen Grimm Hiawatha Pioneer P1742Q 267.3777
3 Nick Snodgrass brock Pioneer P1742Q 263.7741

G:No-Till Irrigated Class
1 Stacey Holloway Phillips Pioneer P13777PCUE 303.7855
2 Dennis Abels Amherst Pioneer P13777PCUE 300.1587
* Stacey Holloway Phillips Pioneer P14830AML 297.0929
3 Doug Rawson Oxford Pioneer P13777PCUE 291.8230

H:Strip-Till, Minimum-Till, Mulch-Till, Ridge-Till Irrigated Class
J-N* Rocky Peterson Bertrand Pioneer P14364PCUE 322.5429
1 Brett Uffelman Waco Pioneer P14364PCUE 320.9474
2 Nicholas Jerabek Farwell Pioneer P12517V 320.1216
3 Miles Peterson Bertrand Pioneer P1742Q 318.6135

I:Conventional Irrigated Class
1 Creighton Peterson Bertrand Pioneer P14364PCUE 326.2428
2 Ashton Peterson Bertrand Pioneer P1742Q 313.5289
3 Dalton Peterson Bertrand Pioneer P14830AML 308.1164

Iowa Winners 
B:Conventional Non-Irrigated Class
1 Mike Whitman Calamus Preceon PR116-20RIB 323.3932
2 Ben Hron Lime Springs Brevant Seeds B04J45PCE 321.2085
3 Jeffrey Schutjer Titonka Pioneer P14830Q 314.9242

D:No-Till Non-Irrigated Class
1 Aaron VanDyke Searsboro Pioneer P14830AML 338.9277
2 John Ruff Monona Pioneer P09312V 334.3085
* John Ruff Monona Pioneer P14830Q 315.0987
3 John Becker Atlantic Pioneer P13777V 309.7270

F:Strip-Till, Minimum-Till, Mulch-Till, Ridge-Till Class Non-Irrigated Class
1 Kevin Lansing Ossian Pioneer P1027AM 330.3582
2 Gary & Dale Lansing Ossian DEKALB DKC63-91RIB 319.0812
3 Dan Gabeline Yarmouth DEKALB DKC114-99RIB 310.1491

G:No-Till Irrigated Class
1 Todd Folkerts Inwood Pioneer P13777V 273.6367
2 Jordan Folkerts Inwood Pioneer P13777V 271.2463
3 Greg Lynott Hawarden Jacobsen JS1331 VT2P 267.5338

H:Strip-Till, Minimum-Till, Mulch-Till, Ridge-Till Irrigated Class
1 Mark Schleisman Lake City Merschman 2512C-30 317.9727
2 Melissa Schleisman Lake City Pioneer P14830Q 311.9482
3 Matthew Schleisman Lake City DEKALB DKC114-42RIB 311.7488

I:Conventional Irrigated Class
1 Dave & Dan Lanz Wapello Pioneer P14830Q 302.5359
2 Chris Lindner Keokuk DEKALB DKC68-35RIB 290.1553
3 Gordon Brown Montrose DEKALB DKC68-35 279.4513

The 30 national and 567 state winners will be honored by NCGA at Commodity Classic in San Antonio, Texas, February 25 – 27, 2026.  

A complete list of the 2025 national and state Yield Contest winners can be found at ncga.com/YieldContest.



Weekly Ethanol Production for 12/12/2025

According to EIA data analyzed by the Renewable Fuels Association for the week ending December 12, ethanol production expanded 2.4% to a record high of 1.13 million b/d, equivalent to 47.50 million gallons daily. Output was 2.5% higher than the same week last year and 5.9% above the three-year average for the week. The four-week average ethanol production rate increased 0.9% to 1.12 million b/d, equivalent to an annualized rate of 17.20 billion gallons (bg).

Ethanol stocks dipped 0.7% to 22.4 million barrels. Stocks were 1.3% less than the same week last year and 3.7% below the three-year average. Inventories thinned across all regions except the East Coast (PADD 1).

The volume of gasoline supplied to the U.S. market, a measure of implied demand, ramped up 7.4% to a 15-week high of 9.08 million b/d (139.55 bg annualized). Demand was 1.7% more than a year ago and 3.2% above the three-year average.

Refiner/blender net inputs of ethanol jumped 6.5% to a 7-week high of 906,000 b/d, equivalent to 13.93 bg annualized. Net inputs were 0.3% more than year-ago levels and 1.4% above the three-year average.

Ethanol exports sprang 52.8% to an estimated 191,000 b/d (8.0 million gallons/day), the largest weekly volume since the start of August 2024. It has been more than a year since EIA indicated ethanol was imported.



Most Fertilizers Lower in Price Than Last Month

Most fertilizers are now lower in price compared to last month, according to retailers tracked by DTN for the second week of December 2025.

Six fertilizers were slightly lower while the remaining two fertilizers were a little higher. No fertilizers had considerable price moves. DTN designates a significant move as anything 5% or more. The six nutrients lower in price are DAP, which had an average price of $910/ton; MAP $917/ton; potash $489/ton; urea $584/ton; UAN28 $410/ton; and UAN32 $464/ton.

Two fertilizers were slightly higher looking back to the prior month. 10-34-0 had an average price of $671/ton while anhydrous was at $867/ton.

On a price per pound of nitrogen basis, the average urea price was $0.64/lb.N, anhydrous $0.53/lb.N, UAN28 $0.73/lb.N and UAN32 $0.73/lb.N.

All eight fertilizers are now higher in price compared to one year earlier. Compared to last year, 10-34-0 is 10% higher; potash is also 10% more expensive; MAP is 12% higher; urea is 18% more expensive; anhydrous is 20% higher; DAP is 23% more expensive; UAN28 is 27% higher; and UAN32 is 28% more expensive.

Wednesday December 17 Ag News - Verify Acres for Bridge Assistance - NeCGA seeks Board Candidates - Manure Mgt Wksps in March - Freund Farms in Lewis IA Receives BQA Award - IFBF Convention Recap - and more!

 Verify 2025 Acreage Now for Farmer Bridge Assistance
NE Farm Bureau

The USDA has announced a new $12 billion farm assistance package, and your eligibility depends on having accurate acreage reports on file. If you farm corn, soybeans, wheat, sorghum, or other row crops, you need to act now.

On December 8, the Trump administration and USDA announced $12 billion in farm payments to help offset:
    Uncertain and unfair trade conditions
    High production costs during the 2025 crop year

Payments are expected to be released February 28, 2026.
 
What This Means for Nebraska Farmers:
Row Crop Farmers
    $11 billion targeted to row crop producers through the Farm Bridge Assistance (FBA) Program
    Eligible crops include:
        Corn
        Soybeans
        Sorghum
        Wheat
        Other major row crops
Other Crops
    About $1 billion set aside for:
        Specialty crops
        Commodities not covered under FBA

This program is funded and authorized through the Commodity Credit Corporation (CCC) Charter Act.
 
How Payments Will Be Determined:
USDA has not yet released payment rates. However, payments will be based on:
    A uniform formula designed to model 2025 crop-year losses
    FSA-reported planting acres

Payment rates are expected by the end of December.

To be eligible:
    Your 2025 acreage reporting MUST be accurate and up to date with FSA by Friday, Dec. 19, 2025.
    If your acres are incorrect or incomplete, you could miss out on payments.

Contact your local FSA office immediately to confirm your acreage is reported correctly.



NE Corn Growers Association Seeks Board Candidates
Chris Grams, Chairman, NeCGA

The Nebraska Corn Growers Association is seeking candidates for two at-large positions to serve on the board of directors. The at-large positions serve for a 3-year term. If you have an interest in furthering your service to Nebraska’s corn industry and are a current member of the Nebraska Corn Growers Association, please contact me at (308) 830-3889.

As a candidate, your name will be placed on the ballot for delegates of the association to vote from during our upcoming Annual Meeting. The Annual Meeting is scheduled for January 8, 2026 in York, Neb. at the Holthus Convention Center (3130 Holen Ave, York, NE 68467). Candidates will have an opportunity to address the delegates with a short introduction of themselves and why they want to be active on the board of directors, thus plan to attend the Annual Meeting.

If elected to serve, the board of directors usually meet in person 2-3 times per year, with 2-3 conference calls as needed to conduct and address business of the board. The board of directors will meet following the Annual Meeting and lunch/speakers the same day – January 8th.

If you have questions, or are interested in being a candidate, please call me by December 30, 2025. Again, my number is (308) 830-3889.



CAP Webinar: Nebraska Ag Outlook 2026: Policy, Tax and Financial Considerations
Dec 18, 2025 12:00 PM
-Brad Lubben, Associate Professor, Extension Ag Policy Specialist, University of Nebraska-Lincoln
-Jessica Groskopf, Extension Ag Economist, University of Nebraska-Lincoln
-Flint Corliss, Associate Farm Financial Consultant, Nebraska Farm Business, Inc.

Presenters will break down the latest tax policy changes, developments in agricultural policy, and financial management considerations that matter to Nebraska producers. This webinar highlights essential takeaways from CAP's in-person Cornhusker Economics: Ag Outlook meetings and offers practical guidance you can use as you plan for the year ahead.

Miss the live webinar or want to review it again? Recordings are available — typically within 24 hours of the live webinar — in the archive section of the Center for Agricultural Profitability's webinar page, https://cap.unl.edu/webinars. 



Workshops Aim to Boost Crop Yields by Improving Manure Management

Turning manure nutrients into improved crop yields while protecting water and soil quality will be the focus of seven Nebraska Extension workshops scheduled across the state in February and March.

“Our workshops focus on choosing the best possible field for manure application and therefore are useful for any crop farmer utilizing manure, even though they have traditionally been attended by livestock producers,” said Leslie Johnson, Nebraska Extension’s Animal Manure Management Extension Educator. “The workshops will still meet the educational requirements for permitted livestock operations laid out by the Nebraska Department of Water, Energy and Environment’s Title 130.”

The day-long sessions, held from 9 a.m. to 4 p.m. local time, provide DWEE Land Application Training certification. Participants must attend the full program, which includes lunch, to earn certification. Sessions will cover regulatory updates and strategies for using manure effectively on cropland. While certification is available, anyone may attend, including crop farmers and smaller livestock operators seeking practical guidance for their operations.

Hands-on activities will help participants evaluate which fields are best suited for manure application. Each session will present a scenario in which attendees assess potential fields and determine whether manure use would be beneficial or if certain limitations make the site less desirable. Participants will then rank fields by priority based on factors such as nutrient value, transportation cost, soil health, water quality, neighbor proximity, and odor concerns. Regulations and record-keeping requirements for manure storage and application will also be covered.

Workshop dates and locations:
· Gothenburg – Feb. 9
· Ainsworth – Feb. 24
· Broken Bow – Feb. 25
· Bridgeport – Feb. 27
· Norfolk – March 4
· West Point – March 5
· Aurora – March 17

Because seating is limited and meals are provided, advance registration is required at least one week before each event. Additional sessions may be added if demand is high. Registration is available at water.unl.edu/lat.

The cost is $100 per operation requiring certification—typically larger livestock facilities—or $25 per person for attendees not seeking certification, including smaller livestock producers, crop farmers, NRCS staff, and landlords.

The workshops are sponsored by Nebraska Extension’s Animal Manure Management Team, which works to help livestock and crop producers maximize the agronomic and environmental benefits of manure. For more information, visit manure.unl.edu or contact Leslie Johnson at 402-584-3818 or ljohnson13@nebraska.edu.



2025 Iowa Beef Quality Assurance Awards

The Iowa Beef Industry Council (IBIC) celebrated four outstanding Beef Quality Assurance (BQA) award recipients during the 2025 Iowa Cattle Industry Convention, held Tuesday, December 16, at the Prairie Meadows Convention Center.

The awards ceremony recognized cattle producers and industry leaders who exemplify excellence in cattle care, stewardship, and continuous improvement through their commitment to BQA principles.

For more than three decades, Beef Quality Assurance has been a flagship program of the Beef Checkoff, driving industry advancement through science-based standards, benchmarking, and best management practices.

It's incredible how producers have harnessed advancements in feed, technology, cattle care, pharmaceuticals, and genetics to continue moving the needle forward,” said IBIC Director of Industry Relations Casey Anderson. “Producers have listened to consumer signals around taste and eating experience, which has resulted in unprecedented demand for beef.”

The Iowa BQA awards honor producers and industry partners who are nominated by their peers–fellow cattlemen and women who witness firsthand the leadership, innovation and dedication these operations bring to the beef industry every day. 

2025 IOWA BQA AUCTION MARKET AWARD
Equity Cooperative Northeast Iowa Waukon - Waukon, Iowa

Equity Cooperative Northeast Iowa Waukon was recognized for its unwavering commitment to low-stress cattle handling and exceptional customer service. The market’s mission extends beyond efficiently moving cattle through the ring—it prioritizes positive animal experiences while showcasing customers’ livestock at its best.

Serving Northeast Iowa's beef community with four field staff and a dedicated market team, Equity Cooperative specializes in fed cattle, dairy cross, feeder cattle, and cow sales. Their approach demonstrates that strong business performance and compassionate cattle care go hand in hand. 

2025 IOWA BQA EDUCATOR AWARD
Dr. Cole Burrack - Monticello Veterinary Clinic

Dr. Cole Burrack has spent the past 12 years building a reputation as both an outstanding veterinarian and a passionate educator. A trusted resource in eastern Iowa, Burrack translates BQA principles into practical, real-world learning opportunities for producers and youth alike.

He regularly volunteers his time to lead hands-on workshops, including breeding soundness exams and animal handling sessions, helping build confidence and curiosity among future beef producers. Clients value his practical guidance, collaborative approach and dedication to helping operations achieve their goals. 

2025 IOWA BQA FEEDLOT AWARD
J.W. Freund Farms, Inc. - Lewis, Iowa

Established in the mid-1960s, J.W. Freund Farms was built on a foundation of stewardship and continuous improvement—values that remain central to the operation nearly 60 years later.

Today, the open feedlot has a capacity of approximately 4,000 head and reflects a comprehensive, systems-based commitment to BQA standards. The farm utilizes engineered runoff control systems that meet Clean Water Act requirements and follows detailed protocols to support cattle well-being and environmental protection.

Beyond daily operations, the Freund family serves as a national resource for cattle producers, frequently hosting tours and training. Iowa State University regularly brings students and industry professionals to the farm for hands-on education, reinforcing its reputation as a leader in feedlot management and BQA implementation.  

2025 IOWA BQA COW-CALF AWARD
Eric and Jane Russell Farms - Monticello, Iowa

Russell Farms is a family-run cow-calf operation that retains and finishes its calves on the farm, using low-stress cattle handling practices and modern facilities that support animal welfare and safe working conditions.

The Russells are also recognized for their leadership beyond the farm gate. Jane actively shares their BQA-focused practices with consumers and fellow producers through social media and direct-to-consumer beef sales. She also founded Giving Back with Beef, a program that partners with local organizations and leverages grant funding to provide USDA-inspected beef to families in need.

Her commitment to helping others, continuous improvement, and leadership within the Jones County beef community exemplifies the core values of Beef Quality Assurance.

Beef Quality Assurance is a nationally recognized program that provides U.S. beef producers with science-based guidance on animal care, food safety, and management practices. Today, active BQA certification is more important than ever, as the entire beef supply chain relies on the program to ensure confidence in beef quality and cattle well-being.

For more information on Iowa's BQA program and upcoming certification opportunities, visit www.iabeef.org/cattlemens-corner/iowa-bqa. 



Iowa Farm Bureau members gather for 107th Annual Meeting and County Leadership Conference

Members of Iowa’s largest general farm organization gathered at the Community Choice Credit Union Convention Center in Des Moines this month to celebrate the achievements of 100 county Farm Bureaus, young farmer award winners and receive expert insight on key topics and issues shaping agriculture today.  

During challenging economic times like these, informed decision making is crucial to sustainability in agriculture, and Farm Bureau members engaged in several educational breakout sessions during the two-day meeting.  Members received valuable insight into economic factors shaping agricultural markets, updates on national policy and farm succession planning. 

Lisa Bluder, legendary former coach of the Iowa Hawkeyes women’s basketball program, delivered the keynote address on the virtues of leadership.  Over an extraordinary 24-year career, Coach Bluder retired as the winningest coach in Big Ten history and shared her message about leading with purpose and passion with members.

IFBF Elections 
Brent Johnson of Calhoun County was reelected IFBF president.  Johnson, first elected IFBF president in 2021, farms in Manson with his wife, LuAnn, growing corn and soybeans. The Johnsons have a son, Matt; a daughter-in-law, Rebekah; a daughter, Kaeli; and four grandchildren.  As IFBF president, Brent serves as chairman of the board of FBL Financial Group, Inc., and Farm Bureau Life Companies, and is a member of the American Farm Bureau Federation (AFBF) board of directors.    

Sharyl Bruning of Monona County was reelected to the IFBF board to represent District 4.  The district is made up of 11 counties in west central Iowa.  Bruning and her husband, Dave, have three adult children: Judy, Amy and Jeff, and eight grandchildren.  The Brunings farm with their son, Jeff, and grow corn and soybeans and maintain a cow/calf herd.  Bruning is active in Iowa Farm Bureau’s F.A.R.M. (Farmer Advocates Reaching Main Street) Team, serves on the Siouxland Ag in the Classroom board and has been a 4-H leader for more than three decades.  She previously served five years as Monona County Farm Bureau president and the state resolutions committee.  

Joe Dierickx of Clinton County was reelected IFBF District 6 director, comprised of 11 counties in eastern Iowa.  Dierickx was first elected director in 2019 and farms with his brother, Paul, growing corn and soybeans, as well as providing custom planting, harvesting and spraying services. Joe and his wife, Barbara, have three adult children.  

Tim Kaldenberg of Monroe County was also reelected as director representing District 8, comprised of 10 counties in south central Iowa. Kaldenberg was first elected to the board in 2019.  Tim farms in Albia with his son and raises a beef cow/calf herd and feeder cattle and grows corn, soybeans and hay. Tim and his wife, Cindy, have two adult children and one grandchild.

Young Farmer Discussion Meet
Keaton Keitzer of Des Moines County was selected as the winner of IFBF’s Young Farmer Discussion Meet and will represent Iowa in the AFBF Young Farmers & Ranchers (YF&R) Discussion Meet during the AFBF Annual Convention in January.  Keitzer also received a $2,000 gift card bundle from IFBF, $1,500 cash award from GROWMARK and an expense paid trip to the 2026 IFBF Young Farmer Conference, January 23-24. 

The second-place finisher was Molly Dolch of Adair County.  Dolch received a $1,000 gift card bundle from IFBF and $500 cash award from GROWMARK.  Third place finisher, Coltin Schachtner Kramer of Pocahontas County, received a $750 gift card bundle from IFBF and $250 cash award from GROWMARK.  Alyssa Yoder McClary of Iowa County finished fourth and received a $500 gift card bundle from IFBF and a $250 cash award from GROWMARK. 

The Young Farmer Discussion Meet is a unique competition in which participants are scored based on their ability to engage in a “cooperative” discussion on challenges affecting agriculture, similar to a county Farm Bureau board meeting discussion. Throughout their 30-minute discussion, the young farmers are awarded points based on their ability to identify the problem, seek solutions and listen to each other’s viewpoints—skills that are pertinent to gaining consumer trust in today’s world.  This year’s questions involved issues like growing Farm Bureau membership to reflect the diversity of Iowa agriculture and effective engagement with elected officials and lawmakers. 

Distinguished Service to Ag Award 
Leo Stephas and Charles Brown were recognized as Iowa Farm Bureau’s Distinguished Service to Agriculture (DSA) Award recipients, which recognizes leaders for a lifetime of dedication and positive impacts made in Iowa agriculture.  

Stephas, nominated by the Buena Vista and Clay County Farm Bureaus, is recognized for more than 60 years of service to Iowa agriculture. Since beginning his farming career in 1961, Stephas was an early adopter and champion of no-till practices. His extensive community involvement includes service on the Iowa Lakes Community College board, county Farm Bureaus, pork producer organizations and his church.

Brown, nominated by the Wapello, Mahaska and Monroe County Farm Bureaus, is honored posthumously for a lifetime defined by mentorship and unwavering commitment to farm families. Brown spent nearly two decades with the Iowa Farm Bureau Federation, where he developed the AgMaster farm accounting program, before serving as a farm management specialist with Iowa State University Extension. Through his business, Agri-Financial Services, he advised multi-generational farm families with expertise and compassion.



ASA Calls for Enforcement, Not New Tariffs, in USTR China Hearing

American Soybean Association leader and North Dakota soybean farmer Josh Gackle testified today before the Office of the United States Trade Representative (USTR) during a public hearing to review China’s follow-through on commitments made as part of the 2020 U.S.–China Phase One Agreement.

The hearing was held as part of a Section 301 investigation examining whether China had fully implemented its commitments under the Agreement. Gackle urged USTR to avoid repeating the mistakes of the last trade war and instead focus on enforcing existing commitments while keeping markets open for U.S. soybean farmers.

Gackle explained that soybeans are the nation’s largest agricultural export and that China remains the single most important market for U.S. soybeans. In Marketing Year (MY) 2023/2024, China purchased nearly 25 million metric tons valued at approximately $13 billion. The Chinese market represents more than half of all U.S. soybean exports, and no other market can replace that demand.

“When trade breaks down, soybean farmers are the first to feel it,” Gackle said. “The last trade war caused a 76% drop in the value of U.S. soybean exports to China and cost U.S. agriculture more than $27 billion. Soybean farmers don’t need another trade fight; we need certainty. That means enforcing past commitments and working toward agreements that keep markets open and predictable for the long term.”

Gackle pointed to the 2020 Phase One Agreement as a reminder that easing tariffs helped restore market access and reduce damage to farm country. He cautioned that launching new tariffs or trade penalties today could again trigger retaliation and undermine soybean farmers who are already facing tight margins and market uncertainty.



Growth Energy Urges Swift Action on China's Unfulfilled Agricultural Trade Commitments

As the Office of the U.S. Trade Representative (USTR) heard testimony Tuesday on its Section 301 investigation into China's implementation of the Phase One trade agreement, Growth Energy’s written comments highlighted significant shortfalls in Chinese purchases of U.S. ethanol and other agricultural commodities, and urged the administration to ensure Beijing is held to its commitments to American farmers and biofuel producers. 

"The Trump Administration is right to closely scrutinize China's failure to meet its agricultural purchase commitments," said Growth Energy CEO Emily Skor. "America's ethanol producers and corn growers stood ready to deliver on the market access promised under Phase One. When China committed to substantial agricultural purchases, our industry invested and prepared accordingly. We appreciate USTR's leadership in examining these shortfalls and look forward to working with the administration to ensure American ethanol producers receive the fair treatment and market access they deserve." 

In comments submitted to USTR's Section 301 investigation, Growth Energy detailed major gaps between China's commitments and actual purchases: 

Overall Agricultural Shortfalls:
    China's agricultural purchases reached only 82 percent of committed levels in 2020 and 84 percent in 2021. 
    Total agricultural gap: $12 billion below Phase One commitments. 
    The additional $5 billion per year China agreed to "strive for" never materialized.

Ethanol-Specific Deficits:
    China was the third largest export market for U.S. ethanol in 2016 
    U.S. ethanol exports to China fell 39 percent below the 2017 baseline in 2020, despite China committing to a 64 percent increase in overall agricultural purchases. 
    Estimated cumulative ethanol purchase deficit: $88.6 million during the Phase One implementation period. 
    Since 2021, ethanol exports to China have essentially disappeared.

Signed in January 2020, the Phase One agreement committed China to $32 billion in additional agricultural purchases over two years above 2017 levels. Although the agreement did not specify commodity-specific targets, ethanol was explicitly included as an eligible agricultural product. 

Growth Energy represents 97 U.S. ethanol plants producing 9.5 billion gallons annually, along with 130 associated businesses. Its members are among the nation's leading exporters, supporting nearly two billion gallons of ethanol exports to more than 60 countries worldwide. 

Tuesday December 16 Ag News - ARC Payments in Nebraska - CVA Distributes Patronage - Whole Milk for Healthy Kids Act Passes House - CattleCon Coming in February - and more!

Farm Program Payments Flow to Nebraska 
NeFB Newsletter

University of Illinois and Ohio State University agricultural economists estimate Nebraska corn and soybean producers received $145 million in farm program payments this fall. Payments on corn base acres were estimated at $123 million and payments were estimated to be $22 million on soybean acres. The payments were made for the 2024 crop year under the Agricultural Risk Coverage program (ARC). The program covers the difference between county guaranteed revenue and actual county revenue for a covered commodity. Payments are made on 85% of producers’ base acres of a covered commodity. Base acres are based on historical production and do not reflect planted acres.

Not every Nebraska producer received payments. Figures from the USDA Farm Service Agency website indicate corn and soybean producers in one-third to one-half of Nebraska counties received payments (as of October 22). Producers in—
    26 of 77 counties with irrigated soybean base acres received payments ranging from $1.13-$68.64 per acre.
    32 of 72 counties with non-irrigated soybean base acres received payments ranging from $0.02-$66.20 per acre.
    26 of 85 counties with irrigated corn base acres received payments ranging from $0.26- $124.95 per acre.
    48 of 85 counties with non-irrigated corn base acres received payments ranging from $0.60-$89.31 per acre.

Also, producers of corn and soybeans in a few counties with combined “all” yield classifications received payments, as well as producers of grain sorghum, sunflowers, dry beans, and oats. A few program crops produced in other parts of the country qualified for payments under the Price Loss Coverage (PLC) program, the other primary farm support program, but covered crops raised in Nebraska did not. More information on the Illinois and Ohio State payment estimates and maps of payment rates can be found at: https://farmdocdaily.illinois.edu/2025/11/estimates-of-2024-arc-co-and-plc-payments.html

The economists estimate ARC payments nationwide will total nearly $2.3 billion. PLC payments are expected to equal $0.3 billion, equating to total farm program support payments of $2.6 billion. The payments are in addition to $42 billion in support American Farm Bureau Federation economist John Newton says was provided to farmers in the form of economic, disaster, and “bridge” assistance this year. The recently announced $11 billion in relief, estimated to be $30-$40ish per acre for corn and soybeans, will be distributed in February 2026. 



Central Valley Ag returns profits to its member-owners

Central Valley Ag (CVA) cooperative continues to exemplify the cooperative spirit by giving back to its member-owners. Recently, the CVA Board of Directors approved a total of $13.8 million in patronage refunds for Fiscal Year 2025, demonstrating the cooperative's dedication to its members' success and the strength of its business model. 

Of the approved amount, $7.5 million will be distributed in cash, while the remaining $6.335 million will be allocated as non-qualified deferred patronage. This structure allows member-owners to pay taxes only on the cash portion received now, deferring taxes on the non-qualified equity until it is redeemed in future years. The board also approved passing through a portion of CVA's Section 199A(g) deduction of $4.925 million for qualified patrons to use on their tax returns. Amounts will be listed on members 1099-PATR form that will be received in January 2026. 

"This past year has been challenging for everyone in agriculture, and we understand the pressures our member-owners have been facing," said Nic McCarthy, president and CEO of CVA. "That's why returning value through this patronage payout is especially meaningful. It represents the resilience of our members and the dedication of our employees. We are proud to stand with our producers during a difficult economic climate." 

Patronage refunds are calculated based on member volume during CVA's fiscal year, which ran from September 1, 2024 to August 31, 2025. Patronage checks were mailed to member-owners on November 26, 2025. 

"In a year where many have felt the strain of a tough economy, the cooperative model has shown its value," McCarthy said. "We remain committed to strengthening CVA for the long term and supporting our member-owners through every challenge." 



CORN STALK QUALITY AFTER WEATHERING 
– Jerry Volesky, NE Extension Pasture and Forage Specialist 

Fall rain and snow are good for wheat and next year’s crops, but it does have its drawbacks.   One challenge is its impact on corn stalk feed quality.

While some parts of Nebraska have been dry this fall, other areas of the state have received some rain and consistent snow over the past several weeks.  Rain reduces corn stalk quality several ways.  Most easily noticed is how fast stalks can get soiled or trampled into the ground if the fields become muddy.

Less noticeable are nutritional changes.  Rain or melting snow soaks into dry corn stalk residue and leaches out some of the soluble nutrients.  Most serious is the loss of sugars and other energy-dense nutrients, which lowers the TDN or energy value of the stalks.  These same nutrients also disappear if stalks begin to mold or rot in the field.  Then palatability and intake also decline.

Another factor that affects cornstalk grazing is wind.  Throughout the fall, there always seems to be those days where excessively high winds will easily blow corn leaves and husks off the field.  This of course, can impact the amount of feed, and after grain, those leaves and husks contain the highest nutritional quality.

There is little you can do to prevent these losses.  What you can do, though, is to closely monitor cow and field conditions while adjusting your supplementation program accordingly.  Since weathering by rain reduces TDN more than it reduces protein, consider the energy value of your supplements as well as its protein content.

Weathered corn stalks still are economical feeds.  Just supplement them accordingly. 



ISU Dry Manure Applicator Certification Workshops Offered in February 2026

Iowa State University Extension and Outreach, in cooperation with the Iowa Department of Natural Resources, will offer manure applicator certification workshops for dry/solid manure operators on five different dates and locations in February. These workshops meet manure applicator certification requirements for confinement site and commercial manure applicators who primarily apply dry or solid manure.

“The information in this workshop will benefit not only those needing certification but anyFall manure applicationone using dry or solid sources of manure as a nutrient resource,” said Dan Andersen, associate professor of agricultural and biosystems engineering and extension agriculture engineering specialist at Iowa State University and coordinator of the manure applicator certification program.

The workshops are available to attend at no cost and are open to all. Applicators will be required to submit certification forms and fees to the Iowa Department of Natural Resources in order to meet the manure applicator certification requirements.

Pre-registration is required and walk-ins are not allowed. To register for a workshop, please call the county office for the specific location at least one week prior to the workshop. All workshops will begin at 1 p.m.

    Feb. 9, Sioux County, Sioux County Extension Office, 400 Central Ave NW, Suite 700, Orange City; 712-737-4230.
    Feb. 10, Washington County, Washington County Extension Office, 2223 250th St., Washington; 319-653-4811.
    Feb. 12, Adair County, Greenfield City Hall, 202 S 1st St., Greenfield; 641-743-8412.
    Feb. 18, Wright County, Wright County Extension Office, 2302 Madison Ave, Clarion; 515-532-3453.
    Feb. 19, Buena Vista County, Buena Vista County Extension Office, 701 Seneca St., Suite 1, Storm Lake; 712-732-5056.

For more information, call a county from the list above or contact Rachel Kennedy at rakenned@iastate.edu.



USDA Launches Final Phase of 2025 Agricultural Resource Management Survey

Beginning in late December, the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will spend several months gathering information about farm economics from farmers and ranchers throughout the United States, as the agency conducts the third and final phase of the 2025 Agricultural Resource Management Survey (ARMS).

“The data will help inform decisions on local and federal policies and programs that affect farms and farm families.” said Agricultural Statistics Board Chair Lance Honig.

To obtain the most accurate data, NASS will reach out to nearly 40,000 producers nationwide. The 2025 ARMS survey includes a version of the questionnaire focused on farm costs of production and expenditures for cotton, hogs and broiler producers.

“In February, our interviewers will begin reaching out to those farmers who have not yet responded,” said Honig. “We appreciate their time and are here to help them with the questionnaire so that their information will continue to support sound agricultural decision-making.”

Information provided to NASS is kept confidential, as required by federal law. The agency only publishes data in aggregate form, ensuring that no individual respondent or operation can be identified.      

The expense data gathered in ARMS will be published in the annual Farm Production Expenditures report on July 24, 2026. That report and others are available at nass.usda.gov/publications. Additional ARMS data analysis and reports are available at ers.usda.gov/arms.



NMPF Celebrates House Passage of the Whole Milk for Healthy Kids Act
National Milk Producers Federation President & CEO Gregg Doud

“It’s hard to overstate the significance of congressional passage of the Whole Milk for Healthy Kids Act, not only because it represents major progress in improving the nourishment of American schoolkids, but also because of what it says about how persistent, long-term effort can still bring bipartisan success in Congress.

“Since 2012, when federal nutrition rules took whole and 2% milk out of school meals programs, dairy farmers and their cooperatives have pointed out the flaws in that decision, which wasn’t aligned with consumer choice. What was true then became even more true in years to come, as newer research consistently showed the value of milk at all fat levels and consumers moved even further toward fuller-fat varieties in their purchases.

“And now the day has arrived. We thank Chairman Glenn “GT” Thompson of Pennsylvania and Representative Kim Schrier of Washington for their critical roles in championing the most recent version of this important legislation to the finish line and the many other congressional leaders who preceded them in their efforts to protect access to nutritious milk in schools . Dairy doesn’t succeed without tireless advocates on Capitol Hill, and it’s been an honor to work with these members and their staffs in this effort.

“The next step, after a presidential signature, is implementation. We pledge our fullest support to federal officials and school districts across the nation to help with implementation of this important legislation. Congress made a positive difference today. We are thrilled to be a part of it.”
 


USDA Dairy Products October 2025 Production Highlights

Total cheese output (excluding cottage cheese) was 1.26 billion pounds, 3.2 percent above October 2024 and 3.7 percent above September 2025. Italian type cheese production totaled 535 million pounds, 4.8 percent above October 2024 and 3.7 percent above September 2025. American type cheese production totaled 494 million pounds, 2.3 percent above October 2024 and 4.2 percent above September 2025. Butter production was 186 million pounds, 10.1 percent above October 2024 and 3.7 percent above September 2025.

Dry milk products (comparisons in percentage with October 2024)
Nonfat dry milk, human - 123 million pounds, down 1.5 percent.
Skim milk powder - 35.0 million pounds, down 12.1 percent.

Whey products (comparisons in percentage with October 2024)
Dry whey, total - 67.7 million pounds, up 2.1 percent.
Lactose, human and animal - 90.2 million pounds, down 1.5 percent.
Whey protein concentrate, total - 40.3 million pounds, down 1.7 percent.

Frozen products (comparisons in percentage with October 2024)
Ice cream, regular (hard) - 60.9 million gallons, down 3.0 percent.
Ice cream, lowfat (total) - 32.2 million gallons, down 2.2 percent.
Sherbet (hard) - 1.90 million gallons, up 19.3 percent.
Frozen yogurt (total) - 2.91 million gallons, down 2.9 percent.



Land O’Lakes Doubles Down on Hunger Relief Before the Holidays

Land O’Lakes, Inc., one of the nation’s largest farmer- and member-owned cooperatives, today announced a $1 million hunger relief investment aimed at supporting rural communities ahead of the holiday season. Grants will go to 15 Feeding America® partner food banks across Land O’Lakes’ member-owner and employee footprint, as well as to Feeding America. This commitment effectively doubles the cooperative’s 2025 hunger relief impact, building on nearly 4 million meals already provided this year.

Food banks nationwide report increased demand from their local communities and need can rise even further during the holiday season. Rural food banks and food shelves, in particular, face higher rates of food insecurity and have to meet the need across a larger geographic area.

“As a farmer-owned cooperative, hunger relief is central to our philanthropic mission,” said Land O'Lakes CEO and President Beth Ford. “While we support these efforts throughout the year, we’re proud to double down on our hunger contributions during the holiday season to do our part to serve families when the need is so incredibly high.”

 "Everyone in our communities deserves to feel the peace of mind of gathering around a full table, especially during the holidays," said Linda Nageotte, Feeding America President and Chief Operating Officer. "With tens of millions of people in the U.S. facing hunger, we are grateful for partners like Land O'Lakes who understand this urgent need. Through their generosity, neighbors facing hunger can bring meals home this holiday season and beyond."

Ending 2025 by Doubling Impact
Between January and September, Land O’Lakes helped provide nearly 4 million meals through cash and in-kind product contributions to Feeding America and the network of 200 partner food banks. With today’s announcement, the cooperative will double that impact by helping provide an additional 4.5 million meals to close out the year. The investment includes:
·        $1,000,000 in grants to 15 Feeding America partner food banks aligned with Land O’Lakes’ member and employee footprint, as well as to Feeding America
·        250,000 pounds of fresh product donations distributed to 10 Feeding America food banks
·        Over 800,000 pounds of additional product donations distributed through the Feeding America network via Spoiler Alert

Funding is designated specifically for programs serving rural communities, such as mobile food pantry distributions, securing product for rural food shelves, or logistics expenses to transport food greater distances.

Supporting Communities During the Holiday Season
Demand for food assistance rises consistently at the end of the year as families prepare for winter and the holidays. This additional support will help regional food banks maintain reliable access to food during a time of year when more households seek assistance.

*$1 can provide 1.7 to 4 meals to households facing hunger through the food banks supported; $1 also provides at least 10 meals secured by Feeding America on behalf of partner food banks. For product donations, 1.2 pounds is the equivalent of one meal, according to the USDA.



CattleCon 2026 Highlights Not To Be Missed

CattleCon 2026 is just around the corner and there are plenty of “don’t miss” events in store. The largest beef and cattle industry event of the year will be held in downtown Nashville, Tennessee, Feb. 3-5. 

While CattleCon officially begins on Tuesday, Feb. 3, arrive early for the D.C. Issues Update and NCBA Regional meetings on Monday, Feb. 2. During the D.C. Issues session, NCBA Senior Vice President of Government Affairs Ethan Lane will share insights about NCBA’s policy work. NCBA Region meetings give cattle producers the opportunity to engage in insightful conversations regarding significant local matters that could potentially influence operations.

A new event at CattleCon 2026 is the Prime Cut Awards: Featuring the National Environmental Stewardship Award and Beef Quality Assurance Awards. This signature event on Tuesday evening brings together cattlemen and women for a night of celebration, connection and industry pride.

The Sustainability Forum on Thursday, Feb. 5, focuses on legacy in action. The engaging discussion brings together producers and experts who have navigated — and are navigating — the challenges of succession planning and generational transfer. Whether producers are just starting to think about the future or actively planning for it, this session will help families build a business worthy of being passed on. Don’t miss this chance to prepare for tomorrow — today.

Also on Thursday, the NCBA Town Hall is an open “state of the industry” forum where producers and NCBA leaders tackle the issues shaping the beef business. Hear updates on key policy priorities, market conditions, and the challenges and opportunities ahead. 

Throughout CattleCon, keynote speakers including Dale Earnhardt, Jr., Jon Acuff and Jimmy Yeary are sure to inspire and spark innovation. The CattleFax team, including CEO Randy Blach and atmospheric scientist Matt Makens, will also provide a glimpse into what 2026 and beyond have in store for the industry.

This annual convention brings cattle producers from across the country to conduct the business of the industry. Producers will also guide both Beef Checkoff and NCBA policy programs and the National Cattlemen’s Beef Association, the Cattlemen’s Beef Board, American National CattleWomen, CattleFax and National Cattlemen’s Foundation will hold annual meetings during the event.

A variety of registration options are available, and all include Cattlemen’s College education sessions and demonstrations. For more information and to register and reserve housing, visit convention.ncba.org. 



Fundamentals & Perspective – The Glass Can Be Half Full
Glynn T. Tonsor, Department of Agricultural Economics, Kansas State University

Here in mid-December of 2025, feeder cattle in Kansas are selling for $400-$700/head (varying by weight class) more than last year (and $900/head higher than December 2023). Yet these mid-December price levels put seller revenues $100-$300/head (again varying by class) below 2025 peak, mid-October levels. Indeed, many cow-calf producers are going to have a strong year and perhaps also wish (with the ever-favorable benefit of hindsight) they locked in sales prices at a different time. Alas, all these statements can be true, even if frustrating in reflecting the nature of 2025, and provide a classic “glass is half full vs half empty” framing opportunity.

While demand fundamentals were unfortunately not acknowledged in most elevated discussions of the sector as 2025 progressed, indeed, the combination of supply and demand fundamentals underpins market dynamics. As in every year and market, one can only identify price-quantity outcomes through intersections of demand and supply. This boring yet critical point must be better appreciated going forward. Simply illustrated, there is much more to industry price, quantity, and net economic viability than just the number of beef cows in the national herd.

Turning to 2026, it seems likely we will start the year with a breeding herd similar in size to January 2025, with mixed interest in expansion, market-ready cattle will continue to provide historically large volumes of beef (including trimmings with clear trade implications) per animal, and stocker-feedlot-packer segments dependent on animal throughput will continue to face physical capacity utilization pressure. Meanwhile, the broader macroeconomic (interest rates, unemployment, and net financial sentiment of residents) and trade policy environment will persist as key consumer demand factors.

Monday December 15 Ag News - Landlord-Tenant Wksps Set for Blair, Lincoln - Feeding Forages to Cattle webinar - IA Farmland Values Up 0.7% - Sept Red Meat Export Stats - and more!

 Landlord/Tenant Cash Rent Workshops to Cover Leasing, Financial Strategies and Farm Transition

The University of Nebraska-Lincoln’s Center for Agricultural Profitability and Nebraska Extension will present a series of landlord/tenant cash rent workshops for landowners and operators at locations across the state beginning in December.

The meeting, titled “Financial Strategies for Effective Agricultural Land Leasing and Management” will cover current Nebraska cash rental rates and land values, best practices for agricultural leases, and other contract considerations. The meeting will also include financial considerations for farm succession and transition and offer an opportunity for those in attendance to have their leasing questions answered.

Nebraska Extension agricultural economists with the Center for Agricultural Profitability will lead the meetings, which are free to attend. Registration is requested by calling the host Extension office prior to the meeting

Schedule and Registration Information:
    Dec. 16, 2025, in Mead, 10:30 a.m.-2 p.m., at the Eastern Nebraska Research, Extension and Education Center, 1071 County Road G. Lunch included, sponsored by Farmers National Company. Register by Dec. 15 by calling Nebraska Extension in Saunders County at 402-624-8030.
     
    Jan. 8, 2026, in Blair, 10:30 a.m.-2 p.m., at the office of Nebraska Extension in Washington County, 597 Grant Street, Suite 200. Lunch included, sponsored by Farmers National Company.  Register by Jan. 7 by calling Nebraska Extension in Washington County at 402-426-9455.
     
    Feb. 10, 2026, in Lincoln, 10:30 a.m.-2 p.m., at the office of Nebraska Extension in Lancaster County, 444 Cherrycreek Road, Suite A. Lunch included, sponsored by Farmers National Company. Register by Feb. 9 by calling Nebraska Extension in Lancaster County at 402-441-7180.

This work is supported by the North Central Extension Risk Management Education Center, project award no. 2024-70027-42470, from the U.S. Department of Agriculture’s National Institute of Food and Agriculture.



CAP Webinar: Nebraska Ag Outlook 2026: Policy, Tax and Financial Considerations
Dec 18, 2025 12:00 PM 
-Brad Lubben, Associate Professor, Extension Ag Policy Specialist, University of Nebraska-Lincoln
-Jessica Groskopf, Extension Ag Economist, University of Nebraska-Lincoln
-Flint Corliss, Associate Farm Financial Consultant, Nebraska Farm Business, Inc.

Presenters will break down the latest tax policy changes, developments in agricultural policy, and financial management considerations that matter to Nebraska producers. This webinar highlights essential takeaways from CAP's in-person Cornhusker Economics: Ag Outlook meetings and offers practical guidance you can use as you plan for the year ahead.

Miss the live webinar or want to review it again? Recordings are available — typically within 24 hours of the live webinar — in the archive section of the Center for Agricultural Profitability's webinar page, https://cap.unl.edu/webinars. 



Four-State Dairy Nutrition & Management Conference December Webinar Will Focus On Forages: what do we know and what are we learning about feeding alfalfa to dairy cows?

The Four-State Dairy Nutrition & Management Conference webinar series continues on Friday, December 19, at 12 noon CST with Dr. Paul Kononoff, Dairy Nutrition Extension Specialist, University of Nebraska, Lincoln discussing feeding alfalfa to dairy cows..

This presentation will review current research on how alfalfa compares with other forage sources in its effects on dry matter intake, fiber digestibility, and dairy cow performance. It will cover key nutritional characteristics of alfalfa such as NDF fragility, uNDF, RFV/RFQ, palatability, and lignin concentration—and how these factors influence rumen function and milk production. The session will also address practical ration-formulation strategies and emerging approaches to enhance intake, efficiency, and profitability in modern dairy feeding systems.

Kononoff grew up in Canada and studied at the University of Saskatchewan and then in 1998 attended Penn State University and eventually earned a PhD in animal science with an emphasis on animal nutrition. Upon completion of his PhD he worked in the dairy industry by serving as a technical support specialist, then as a project director at the University of New Hampshire. Since 2005 he has been employed at the University of Nebraska–Lincoln with an appointment of research and extension. He has several major research areas: forage quality, feed characterization with application to nutrition models, and energy metabolism. Many will recognize him as the past editor of the Journal of Dairy Science.

Producers, dairy consultants and industry reps are encouraged to attend the free webinar live from 12 noon to 1:30 p.m. on Friday, December 19 by registering on-line at least one hour before the webinar at:

https://go.iastate.edu/ALFALFATODAIRYCOWS

For more information, please contact: Fred M. Hall in Iowa at 712.737.4230; Jim Salfer in Minnesota at 320-203-6093; Phil Cardoso in Illinois at 217.300.2303; or Paul Fricke in Wisconsin at 608.263.4596.



Iowa Farmland Values Inch Up in Market Readjustment

The annual Iowa State University Land Value Survey found that average farmland values increased 0.7%, or $83, to $11,549 per acre. The nominal value of an acre of farmland this year increased over last year’s nominal value, but is still about $286 per acre lower than the 2023 peak of $11,835.

Dr. Rabail Chandio, who is responsible for the annual survey, said that she typically considers changes of less than 5%, whether up or down, as more of an adjustment than a true market change. “Changes of that size often reflect variation across counties and crop reporting districts rather than a consistent statewide trend,” she said. “It wasn’t a boom or a bust, just a very uneven adjustment, with the story changing as you move across the state. Strong yields, limited land supply, and solid livestock income helped prop up values in some areas, but lower commodity prices, high interest rates, and rising costs pulled them down in others.” 

When the nominal value increases, but the inflation-adjusted value decreases as it did this year, it can still be helpful for farmers, but only to a point, Chandio said. “A farmer selling land this year will receive more dollars than last year, and that can still support goals like paying down debt (whose real burden also shrinks with inflation), transitioning to retirement, or reinvesting elsewhere. In that sense, the higher nominal price provides some benefit,” she said.

However, when inflation-adjusted values fall, additional money from land sales won’t stretch as far as it might have previously. “Sellers may find that the proceeds won’t buy as much machinery, land, or inputs as they would have a few years ago. So, while selling today can still improve a farmer’s financial position, the real economic gain is smaller than the nominal price increase suggests,” Chandio said.

Despite the small growth in farmland values, there were many factors putting downward pressure on farmland values this year. Chandio said one of those factors is federal interest rates, which only saw modest cuts in 2025. “Because we haven’t seen any major reductions, the market is still feeling the weight of the rate hikes from 2022 and 2023. And since interest-rate effects take years, up to a decade, to be fully capitalized in land values, those post-COVID increases are still working their way through the system,” Chandio said.

Commodity markets also put some pressure on land prices this year. Chandio called commodity prices “soft” but said that tariffs likely only played a small and indirect role in this year’s farmland values. “Tariffs may have been part of the background noise, but they weren’t a major driver of farmland values,” she said. Farmers, she said, are still just facing very tight margins on commodities, even with lower production costs. 

Chandio said she feels one of the most interesting things about this year’s report is how divided the market has become. “Even though the statewide average ticked up 0.7%, most counties actually saw declines once you adjust for inflation, and three crop reporting districts posted nominal drops. At the same time, places in the northeast saw increases of 3-4%, while parts of central Iowa slipped by 2-3%,” she said.

Land Values by District
Land values increased across six of Iowa’s nine crop reporting districts. The highest average land values were reported in the Northwest district, $14,522 per acre, while the lowest average land values were reported in the South Central district, $7,623 per acre.

The Northeast district saw the largest percent increase (4.1%) and largest dollar increase ($481 per acre). The North Central district saw the largest percent decline (-2.6%) and the largest dollar decline (-$315 per acre) in values.

By County - 2025 - 2024 (dollars per acre) 
Woodbury - 11,277 - 10,979 
Monona - 10,563 - 10,283 
Harrison - 10,994 - 10,750 
Pottatattamie - 11,571 - 11,360 
Crawford - 12,563 - 12,253 
Shelby - 11,847 - 11,579 

Factors Influencing the Market
Lower commodity prices were cited as a negative factor influencing the market by 32% of respondents, marking the most common factor among respondents. Other negative factors cited by respondents include long-term interest rates (22%) and tariffs and trade uncertainty (13%).

Limited land supply was cited most often as a positive factor influencing the market (21%). Other positive factors include strong yields (13%) and cash/credit availability (10%).

Land values were determined by the 2025 Iowa State University Land Value Survey, conducted in November by the Center for Agricultural and Rural Development at Iowa State and Iowa State University Extension and Outreach. Results from the survey are consistent with results by the Federal Reserve Bank of Chicago, the REALTORS® Land Institute, and the U.S. Department of Agriculture showing only small changes in the land markets. 

The Iowa State Land Value Survey is based on reports by agricultural professionals knowledgeable of land market conditions, such as appraisers, farm managers, agricultural lenders, and actual land sales, and is intended to provide information on general land value trends, geographical land price relationships, and factors influencing the Iowa land market. The 2025 survey is based on 463 usable responses from 316 agricultural professionals. Sixty-nine percent of the 316 respondents answered the survey online. 

The Iowa State Land Value Survey was initiated in 1941, the first in the nation, and is sponsored annually by Iowa State. The survey is typically conducted every November and the results are released mid-December. Only the state average and the district averages are based directly on the Iowa State survey data. County estimates are derived using a procedure that combines the Iowa State survey results with data from the U.S. Census of Agriculture. 



U.S. Pork Exports Steady in September with Value Record for Mexico; Beef Exports Lowest Since Mid-2020

USDA has released red meat export data for September, which was delayed due to the recent government shutdown. As compiled by the U.S. Meat Export Federation (USMEF), September data showed a fairly steady performance for U.S. pork exports, matching year-ago value while down slightly in volume. But September beef exports were the lowest in more than five years, with shipments to China effectively halted and exports to other Asian markets also trending lower year-over-year.

“We are encouraged by the robust and resilient global demand for U.S. pork – especially in Mexico, but also in a broad range of international markets,” said USMEF President and CEO Dan Halstrom. “The situation is obviously much more challenging on the beef side, primarily due to the ongoing impasse with the Chinese government, which continues to ignore its commitments under the U.S.-China Phase One Agreement. U.S. industry losses continue to mount as a result of this lockout, and relief simply cannot come soon enough.”

The Office of the U.S. Trade Representative (USTR) is conducting a Section 301 investigation of China’s implementation of the U.S.-China Economic and Trade Agreement, popularly known as the Phase One Agreement, with a public hearing set for Tuesday, Dec. 16. USMEF submitted comments to USTR detailing China’s failure to meet its Phase One commitments on red meat trade.

Value record for Mexico led strong September performance for U.S. pork
Pork exports totaled 233,816 metric tons (mt) in September, down 2% from a year ago. Export value was steady at $683.9 million, highlighted by the highest value on record for Mexico (nearly $260 million). The value of pork muscle cut exports trended higher in September ($586.2 million, up 1%), but pork variety meat exports declined, due in part to China’s retaliatory tariffs. Excluding China, September pork and pork variety meat exports were 4% above last year.

Through the first three quarters of the year, pork exports were 3% below the record pace of 2024 in both volume (2.16 million mt) and value ($6.16 billion), and down just 1% when excluding China. Exports to leading market Mexico, which have already topped $2 billion in value in 2025, and to Central America, are poised to reach new annual highs. January-September shipments also increased year-over-year to Colombia, the Caribbean, Hong Kong and Vietnam.

Few bright spots in a difficult month for U.S. beef exports
September beef exports were just 80,835 mt, down 22% from a year ago and the lowest since June 2020. Export value was $660.9 million, also down 22% and the lowest since February 2021. Even when excluding China, beef export volume fell 11% year-over-year, due in part to lower production.

January-September beef exports totaled 856,023 mt, down 11% from a year ago (and down 4% when excluding China). Export value was down 10% to $7.03 billion. Exports trended higher to leading value market Korea and to Central and South America, Hong Kong, the Philippines, the Dominican Republic, the Bahamas and Africa. But these gains were more than offset by the steep decline to China and lower shipments to Japan, Mexico, Canada and Taiwan.

September lamb exports above year-ago, but lowest of 2025
September exports of U.S. lamb muscle cuts totaled 130 mt, up 67% from last year’s low volume but the smallest in 12 months. Export value was $807,000, up 64% but also the lowest since last September. Led by growth in Mexico, the Caribbean and Canada, January-September exports increased 47% from a year ago to 2,179 mt, valued at $11.7 million (up 31%). Exports also increased to Costa Rica and Panama.