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U.S. Export Sales Report (3-6-25)

U.S. Export Sales Report (3-6-25)

Despite the tariff news weighing in on the ag marketplace, the export sales this week came withing expectations, which is better than what we have been seeing recently. Allendale commodity broker Greg McBride said it was a great week for corn. While the soybean numbers are below the average, they are still acceptable for this time of year. President Trump’s tariffs- and the retaliatory tariffs we face as a result- are weighing heavily on the grain markets. However, McBride said the most recent...

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Ag economy has been trending below growth neutral

Ag economy has been trending below growth neutral

A monthly survey of bank CEOs in 10 Midwestern states shows a dismal outlook. The report shows the February score fell to 38 on a zero to 100 scale, where 50 is growth neutral. This is the seventeenth time the score has been below growth neutral in the past eighteen...

Cattlemen waiting to see the impact of tariffs on bottom lines

Cattlemen waiting to see the impact of tariffs on bottom lines

As the tariff back-and-forth continues between the United States and some of its most important ag trade partners various ag groups are intently watching for the effects on producers’ bottom lines. Buck Wehrbein, president of the National Cattlemen’s Beef Association,...

Skor optimistic about future of E15 and biofuels

Skor optimistic about future of E15 and biofuels

The future of biofuels, particularly E15, remains a crucial element in Expanding E15 availability could boost the agricultural sector and reduce reliance on foreign oil. However, overcoming regulatory barriers and updating fueling infrastructure will be essential for...

Ag Secretary Rollins discusses farm labor costs

Ag Secretary Rollins discusses farm labor costs

USDA Secretary Brooke Rollins says farm labor costs have reached in some cases more than 50 percent of expenses but still defends the President’s mass deportation policy. Rollins makes no excuse for backing the President’s immigration policy and better securing the...

Ag groups react to tariff implementation

Ag groups react to tariff implementation

Many U.S. ag groups reacted to the President’s decision to implement tariffs on Canada, Mexico, and China. Rob Larew, President of the National Farmers Union, says tariffs will have serious consequences for American agriculture. “We’re already facing significant...

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U.S. Export Sales Report (3-6-25)

U.S. Export Sales Report (3-6-25)

Despite the tariff news weighing in on the ag marketplace, the export sales this week came withing expectations, which is better than what we have been seeing recently. Allendale commodity broker Greg McBride said it was a great week for corn. While the soybean...