Soybean oil prices decreased by half in 2025 compared to prices around summertime of 2022. Soybean oil prices hit $0.42 per pound in December 2024, falling from nearly $0.90 per pound as shown in Figure 1. Soybean oil prices remain around $0.45 per pound during 2024 and then rose back to $0.55 per pound by...…
USDA farm income data published in September 2025 included state cash receipt estimates for the 2024 calendar year. In 2024, Iowa’s agricultural cash receipts totaled $37.6 billion. The main four agricultural commodities were corn ($11.06 billion), hogs ($9.02 billion), soybeans ($6.67 billion), and cattle & calves ($6.19 billion) (see Figure 1). Iowa’s 2024 corn, soybean,...…
Water is life in North Dakota — for agriculture, for communities, and for the generations building the state’s future. That’s why the Dakota Mornings Podcast dedicated a full episode to the conversations happening at the 2025 Joint North Dakota Water Convention, featuring leaders who understand the complexities, challenges, and opportunities shaping the region’s water landscape....…
Kade Grafel, Research Analyst China had stopped importing soybeans1 from the United States as part of larger trade conflict between the two nations. China is typically a massive buyer of U.S. soybeans, having bought a majority of all U.S. soybean exports in each of the past five years. Over that time, soybean exports to China have ranged from 26.4 million...…
Decision Innovation Solutions (DIS) is proud to share the results of a comprehensive new economic contribution study commissioned by the Meat Institute —one that highlights just how essential the meat and poultry processing industry is to the U.S. economy, to rural communities, and to millions of American families. The findings are clear: this industry is...…
As harvest is now in full swing across much of the Midwest, the spotlight has been on the expected bin-busting corn crop. However, gaining importance and garnering attention is this year’s soybean harvest – one that could be pivotal for U.S. soybeans and farmers. Rising and persistent input costs and low commodity prices create a...…
Jing Tang, Statistician The U.S. Energy Information Administration (EIA) published its Monthly Energy Review report on August 26th, 2025 and its Monthly Biofuels Capacity and Feed Stocks Update Report on August 29th, 2025. In this article, we will conduct a descriptive analysis of pure biodiesel (B100) production and its feedstocks usage. Biodiesel Production and Five-Year...…
Corn yields in the U.S. have been trending upward since the 1930s. As shown in Figure 1, U.S. average corn yields have risen from less than 40 bushels per acre in 1950 to more than 179 bushels per acre in 2024. The rate of increase over that 75-year period has been 1.92 bushels per acre...…
By Kade Grafel, Research Analyst The IMPLAN Data Library is a relatively recent addition to the IMPLAN ecosystem. The Data Library is essentially a database containing a wealth of economic and demographic data at the national, state, and county level: IMPLAN industry data (output, value added, employment, etc.), population, household income, tax data, trade flow...…
By Spencer Parkinson, CEO, Founder and President In a highly connected world where exchange of goods, services and technology continues at a breakneck pace, risks of animal disease and other animal health concerns impacting our nation’s herds and flocks has substantially increased in the last several decades. Three animal disease and health challenges have recently...…
