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Iowa Corn Growers Applaud Suspension of Phosphate CVDs

President Trump signed an executive order instituting a temporary suspension of countervailing duties applied to imported phosphate. In response to this development, Iowa farmer and Iowa Corn Growers Association (ICGA) President Mark Mueller released the following statement: 

“This news is a relief for Iowa’s corn growers, who have faced continually rising costs and market uncertainty for far too long. Fertilizer prices have become a barrier to profitability, driven higher by market consolidation and supply chain challenges.

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From Powder Keg to Fireworks: Ted Seifried on Corn’s Historic Rally

Video: From Powder Keg to Fireworks: Ted Seifried on Corn’s Historic Rally

Corn has provided a lot of optimism in commodities, coming off one of the best Augusts in 50 years. Demand may be shifting away from Mexico, as more cattle could stay on their side of the border. As Ted Seifried said in Market Plus, the model has changed — and we also hear about the competitiveness of the U.S. in the export market.