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U.S. Export Sales Report (4-23-26)
This week’s export sales were better than what we’ve seen recently, but it was otherwise a muted report. Allendale commodity broker Greg McBride said the corn sales were strong once again. While the soybeans sales weren’t outstanding, McBride said they were above the 5-year average. McBride said the markets are looking for news headlines to react to outside of the Iran war, and many eyes seem to be on the trade negotiations with China. The team at Allendale can be reached by calling...
Projecting demand for grilling season as beef prices soar
Every year the meat industry can rely on a spike in demand for meat during the summer grilling season. However, with beef prices at extremely high levels in stores, will demand this grilling season be as high as it typically would be during the spring and summer...
GDM streamlines brands after acquisition
GDM is moving ahead with a seed brand realignment that will take effect in 2027, but company leaders say growers should expect no changes for the 2026 planting season. The move follows GDM’s acquisition of AgReliant last September, a deal that brought together major...
Deere reaches a settlement in right to repair litigation
Deere & Company announced it has reached a settlement in a multidistrict “right to repair” lawsuit filed in 2022, bringing the case to a close without any admission of wrongdoing. The agreement, pending approval from the U.S. District Court for the Northern...
2026 forecast shows another strong El Niño
Many parts of rural America have seen some wild back-and-forth temperature swings combined with on-again, off-again winter weather. John Baranick, an agricultural meteorologist from DTN, said we’re seeing a lot of normal temperature swings during the transition from...
Bayer opens seed innovation center at ISU Research Park
A new facility in central Iowa will allow students, researchers, and other industry leaders to collaborate on the latest advances in seed production. Bayer recently announced the opening of the Seed Production Innovation (SPI) Innovation Center, located at the Iowa...
Clean Fuels Alliance submits comments on 45Z credit rule
Clean Fuels Alliance America has submitted formal comments to the U.S. Treasury Department regarding proposed rules for the 45Z Clean Fuel Production Credit, calling for additional clarity as the agency works to finalize the policy. The organization praised Treasury...
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More Ag News
U.S. blockade in Strait of Hormuz will have long-lasting impact
The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...
U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together
The U.S. Meat Export Federation (USMEF) is conducting a U.S. Red Meat Symposium, April 14-17 in Mexico City, which will allow U.S. exporters to meet face-to-face with importers and other prospective customers from throughout Mexico. This is the second edition of the...
Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...
Advisors urge farmers to use tax data for broader financial planning
Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...
Nutrien programs offer revenue paths for Iowa growers
Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...
