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South American Weather and Crop Update (5-7-24)

South American Weather and Crop Update (5-7-24)

Much like it is up here, rain is causing issues down in South America. Southern Brazil is getting especially heavy rains, which could start damaging the crops. Allendale commodity broker Greg McBride gave an update on the latest weather. McBride said planting progress is still very near completion in Brazil. On the other side of South America, the weather in Argentina is looking to dry up a bit. McBride said that dryer weather will hopefully allow harvest to pick up again. The team at...

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Rainfall slowing planting progress across the Corn Belt

Rainfall slowing planting progress across the Corn Belt

Rainfall and wet conditions are slowing planting progress in the Midwest. Betty Resnick, an economist with the American Farm Bureau Federation, said a lot of the slowdown is taking place in the Corn Belt. Resnick said we’re still early in the planting season for major...

Innovation and technology helping farmers reach sustainability goals

Innovation and technology helping farmers reach sustainability goals

The mission of the U.S. Grains Council is to develop markets, enable trade, and improve lives. Carlos Suarez is the manager of sustainability, policy, and innovation for the U.S. Grains Council and says that sustainability is becoming more of a central focus across...

Iowa crop progress and condition report

Iowa crop progress and condition report

Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...

Senator Ernst reacts to Stabenow’s version of Farm Bill

Senator Ernst reacts to Stabenow’s version of Farm Bill

Last week, the respective Chairpeople of the House & Senate Ag Committees released their visions for a Farm Bill. While House Ag Committee Chairman GT Thompson, a Pennsylvania Republican, released a framework for legislation that he wants to mark up by May 23rd,...

Rain delays causing potentially premature market reactions

Rain delays causing potentially premature market reactions

Rain continues to delay planting across the Corn Belt, but since rain makes grain, it’s pretty worth it at this point. However, we are getting closer and closer to that planting deadline, and the markets were feeling the heat today and shot upwards. Robin Schmahl of...

U.S. agriculture not immune to cyberthreats

U.S. agriculture not immune to cyberthreats

Cyberattacks are on the increase and are being used to target industrial systems that are utilized by U.S. agriculture, that’s according to Director of National Intelligence Avril Haines. Haines tells the Senate Armed Services Committee the U.S. intelligence community...

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Iowa crop progress and condition report

Iowa crop progress and condition report

Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...