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Breaking down the Prospective Plantings and Quarterly Grain Stocks reports
The USDA released both the Prospective Plantings and Quarterly Grain Stocks reports on March 31st. Heading into the day, the markets were anticipating big news from the planting acres, but it seems that there was more to react to in the grain stocks report. Allendale commodity broker Greg McBride said the Prospective Plantings report had a smaller adjustment to the corn acres than most analysts anticipated. McBride said the soybean acres saw a similar adjustment in the opposite direction. Both...
South American Weather and Crop Update (3-17-26)
The weather patterns are still favorable for farmers as harvest and planting continues in Brazil. Allendale commodity broker Greg McBride gave an update on the latest forecasts for South America. McBride said progress is still looking good for both harvest and...
Dry winter did not replenish needed moisture for growing season
Generally speaking, it was a mild and dry winter season for the United States. And it has left many areas of the country with dryness as the beginning of the planting season approaches. USDA meteorologist Brad Rippey details the lack of precipitation this winter...
China signals openness to buying more U.S. ag products
Top U.S. and Chinese economic officials held what were called “remarkably stable” talks in Paris during the weekend on several topics. Reuters said the discussions centered on potential areas of agreement in agriculture, critical minerals, and managed trade for U.S....
U.S. soybean quality delivering value in global markets
As global soybean production continues to expand, competition in export markets is increasing. However, U.S. soybean leaders say quality remains one of the biggest advantages American farmers bring to the global marketplace. According to Jim Sutter, CEO of the U.S....
News headlines bring negativity to soybean marketplace
Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump...
Red meat exports mixed to start 2026
U.S. red meat exports were mixed in January, with pork exports trending higher year-over-year and beef trending lower according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were led by another outstanding performance...
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More Ag News
U.S. Export Sales Report (3-19-26)
This week’s export sales were disappointing all around, but there has been so much major news recently that this is not weighing heavily on the markets. Allendale commodity broker Greg McBride said the corn sales broke their trend of performing above average. On the...
Corn growers in search of certainty from year-round E15
There are few certainties in farming. Weather, prices, and regulations are always shifting and forcing farmers to think on their feet. One way to deliver certainty for fuel retailers is through the implementation of year-round E15 says National Corn Growers President...
U.S. dairy industry hoping to see USMCA renewal
U.S. agriculture groups are watching the pending negotiations between the U.S., Mexico, and Canada as the countries work on renewing the U.S.-Mexico-Canada trade agreement. Tony Rice, the director of trade policy for the National Milk Producers Federation, said the...
Secretary Naig invites Iowans to celebrate Iowa Ag Week March 23-30
Iowa Secretary of Agriculture Mike Naig is inviting every Iowan to celebrate Iowa Ag Week, March 23-30. The weeklong celebration highlights agriculture’s many significant contributions to Iowa’s economy, communities, and way of life. This year’s celebration is also...
Leasing and financing options shaping equipment decisions
As equipment markets begin to stabilize, the next question for many farmers is not just what to buy, but how to pay for it. With tighter margins and less available cash on hand, financing decisions are becoming just as important as the equipment itself. Corey...
