While Iowa has a high population of hogs being fed for the market, many of the market ready hogs are being transported to processing facilities in other states or, at the very least, long distances to the nearest processing facility.
Last June, I happened to read an interesting article “American Drivers Regain Appetite for Gas Guzzlers” from The New York Times. Americans have renewed their interest in bigger cars, pickup trucks, and sport utility vehicles over more fuel efficient small cars mainly due to falling gasoline prices. Later, in July, the Monthly Energy Review from the Energy Information Administration (EIA) reported that the U.S. domestic transportation sector is now the biggest producer of green-house gas (GHG)..
About 22% of the total volume of U.S. production is exported every year making exports an important outlet for U.S. agricultural production. The main U.S. agricultural export products are grains and feeds, soybeans, livestock products, and horticultural products. The top five export destinations for these products are China, Canada, Mexico, Japan, and the European Union.
Data collection in agriculture has long been a mindset that allows for continuous improvement. With so much data being created on a continuous basis, the thoughts of analyzing that data can be daunting. Thankfully, though, the sophistication of data analytics has kept pace with the rate of increasing data creation and management. Enormous strides in computing and software capacities have taken place at an increasing rate that make it much simpler to take vast amounts of dairy data...
Distillers dried grains with solubles (DDGS) is the main co-product of corn ethanol produced in dry-mill plants. Since 2007, on average, 97.1% of total DDGS production has come from dry-mill ethanol facilities with the remaining 2.9% coming from beverage distilleries. For each bushel of corn (56 pounds) used to produce ethanol, about 17 pounds of distillers grains are manufactured.
Ethanol D6 RIN prices that had been $0.36 per RIN at the end of September 2015 rocketed to $0.97 per RIN by mid-July 2016.Now it has slowly settled into the $0.86–$0.88 range by mid-September 2016.
U.S. beef exports in August 2016 reached a volume of 75,236 metric tons (MT), increasing both year over year (27.6%) and relative to the previous month (4.9%) (see Figure 1). U.S. beef exports during August 2016 were valued at $480.990 million, up 11.5% and 5.5% relative to the same period last year and the previous month, respectively.
The Weekly Petroleum Status Report released November 9, 2016 by the U.S. Energy Information Administration (EIA) indicates weekly U.S. refiner and blender net input of fuel ethanol was 923,000 barrels per day for the week ending November 4, 2016. The Weekly Supply Estimates from EIA shows the weekly U.S. product supplied of finished motor gasoline was 9,213,000 barrels per day for the same time period.
This past summer in-between semesters at Iowa State, I spent my time working as an intern with Decision Innovation Solutions (DIS). Having an internship is a requirement for my major of Agriculture Communications and I was lucky enough to land an internship as the company's Agriculture Communications Intern for 2016.
Brazil and Argentina play a large role in world corn and soybean markets. Brazil has seen a significant rise in corn production over the past 10 years, and soybean production has also been increasing steadily since about 1996 in both of these countries.