After some needed dryness in Brazil, rain has reentered the forecast. Allendale commodity broker Greg McBride gave an update on the latest conditions in South America. Harvest is officially underway in Brazil, which means that planters are also following close behind...
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Finishing off an exceptionally dry and cold January
Recently, a large arctic air mass has made its way through much of the United States. This is what caused the subzero temperatures in Iowa, and it’s also what brought snow down to the Southeast. Justin Glisan, state climatologist for Iowa, said that, fortunately, this...
U.S. share of China’s soybean market dropped in 2024
China’s soybean imports from the United States dropped five percent in 2024 from the previous year. Reuters says, “U.S. soybean imports were replaced in the Chinese market by shipments from Brazil and Argentina as fears of a renewed trade war between China and the...
Naig highlights IDALS 2025 legislative wish list
The Iowa Legislative Session is officially underway, bringing new opportunities to address key issues across the state. The Iowa Department of Agriculture and Land Stewardship (IDALS) has outlined its priorities for this year, focusing on initiatives to support Iowa’s...
Despite political turmoil in South Korea, U.S. red meat demand remains strong
Embattled South Korean President Yoon Suk Yeol has been arrested and indicted after briefly imposing martial law in December. Yoon also faces an impeachment trial that will determine if he is formally removed from office. U.S. Meat Export Federation (USMEF) Vice...
Breakthrough BRD vaccine could save U.S. cattle industry $1 billion in costs
U.S. cattle supplies have been at historically low levels. This is made even worse by bovine respiratory disease (BRD), which kills an estimated 8 million calves every year. Fortunately, a professor from Louisiana State University has been working on a solution to the...
Cattle on feed report shows lower placements
The first USDA Cattle on Feed report for the year shows lower placement of cattle on feedlots compared to the same period last year. That is USDA livestock economist Mike McConnell. 11.8 million head of cattle were on feedlots as of January 1st which is a 1% decline...
Ethanol production rises in mid-January
Ethanol output rose during the seven days ending on January 17 as inventories climbed to their highest level in nine months. Data from the Energy Information Administration says production increased to an average of 1.099 million barrels a day, up from 1.095 million...
LG Seeds preparing Iowa farmers for 2025
The past few years in agriculture have been nothing short of tumultuous, with Iowa standing at the forefront of weather extremes. From historic floods to unprecedented droughts, farmers have faced shifting conditions that have tested their resilience and adaptability....
U.S. Export Sales Report (1-24-25)
While both the corn and soybean numbers were within the range of estimates in this week’s export sales report, they were still higher than the 5-year average. Allendale commodity broker Greg McBride gave an update on the latest report from the USDA. McBride said...