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Strong opinions on proposed railroad merger

Strong opinions on proposed railroad merger

A proposed merger between the Union Pacific and Norfolk Southern Railroads is now before the Surface Transportation Board for possible approval. Mike Steenhoek, the executive director of the Soy Transportation Coalition, called this a “seismic development” for the rail industry. However, there are opponents to the merger who fear higher transportation costs. Steenhoek said fewer rail operators typically means higher rates. It will take a lot of time before a decision is made on whether to...

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South American Weather and Crop Update (1-16-26)

South American Weather and Crop Update (1-16-26)

Right now is the short timeframe in which the crops in both Brazil and Argentina are in the critical yield determining phase. As a result, the weather is a huge focal point for the global grain markets. Allendale commodity broker Greg McBride said the weather forecast...

Latest outlook on soybean oil

Latest outlook on soybean oil

While much of the focus in the USDA WASDE reports centers on row crops such as corn and soybeans, the reports also help provide a snapshot of the situation for various products such as soybean oil. The most recent WASDE report for January helps to detail the current...

Farmland values enter a new phase

Farmland values enter a new phase

The U.S. agricultural land market is shifting after years of steady growth. Although land values are still historically high, current signs indicate a more complex situation driven by local and regional factors rather than nationwide trends. “After years of steady...

Ernst says loan delays hurt Iowa growth

Ernst says loan delays hurt Iowa growth

Farmers and rural businesses across Iowa are facing growing challenges when it comes to accessing capital. Tight margins, lower commodity prices, and rising input costs are colliding with loan processes that many lenders say have become increasingly difficult to...

U.S. Export Sales Report (1-15-26)

U.S. Export Sales Report (1-15-26)

As we end off a busy week of government reports, the weekly export sales came in with plenty of activity. Allendale commodity broker Greg McBride gave a breakdown of the weekly report. China has nearly completed its obligation to purchase U.S. soybeans, so the markets...

Tariff battle heating up on Capitol Hill

Tariff battle heating up on Capitol Hill

The fight over President Trump’s reciprocal tariffs is heating up again on Capitol Hill, while the Supreme Court has not ruled on their legality as of Thursday. President Trump turned to tariffs again this week, threatening 25 percent duties against countries like...

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Strong opinions on proposed railroad merger

Strong opinions on proposed railroad merger

A proposed merger between the Union Pacific and Norfolk Southern Railroads is now before the Surface Transportation Board for possible approval. Mike Steenhoek, the executive director of the Soy Transportation Coalition, called this a “seismic development” for the...

Latest outlook on soybean oil

Latest outlook on soybean oil

While much of the focus in the USDA WASDE reports centers on row crops such as corn and soybeans, the reports also help provide a snapshot of the situation for various products such as soybean oil. The most recent WASDE report for January helps to detail the current...

Farmland values enter a new phase

Farmland values enter a new phase

The U.S. agricultural land market is shifting after years of steady growth. Although land values are still historically high, current signs indicate a more complex situation driven by local and regional factors rather than nationwide trends. “After years of steady...

Ernst says loan delays hurt Iowa growth

Ernst says loan delays hurt Iowa growth

Farmers and rural businesses across Iowa are facing growing challenges when it comes to accessing capital. Tight margins, lower commodity prices, and rising input costs are colliding with loan processes that many lenders say have become increasingly difficult to...