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South American Weather and Crop Update (6-23-26)
It’s the dry season in South America, and the forecasts definitely reflect that. Allendale commodity broker Greg McBride said this isn’t a huge problem yet, but they are monitoring the weather. McBride said harvest progress is behind in Brazil, but it is approaching the final stages. While it is lagging behind as well, harvest is also very close to completion in Argentina. Looking ahead, McBride said there are a few major factors that can impact the upcoming planting season for soybeans in...
Full-scale beef herd rebuild remains on hold
Typically, when beef prices are at a high level in the grocery store and herd numbers are low, the response is a rebuilding of supply. Nate Kauffman, the senior vice president and Omaha branch executive for the Kansas City Fed, says the numbers show there should be...
Secretary Naig calls on Congress for year-round E15 access
Today, Iowa Secretary of Agriculture Mike Naig urged the U.S. House of Representatives’ Rural Domestic Energy Council to find agreement to make year-round E15 available to drivers around the country. Secretary Naig, a longtime biofuels advocate, reinforced the...
Iowa farmers face demand gap as production grows
Iowa farmers continue to push productivity higher, but new demand has not kept pace with that growth. Iowa Renewable Fuels Association Executive Director Monte Shaw told members that agriculture is once again facing a familiar challenge: more grain than existing...
Markets continue to look at South America as harvest continues
There were some recent concerns about dry weather in South America, but the current forecast is now showing ideal conditions for their crops. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said soybean...
Senate Finance Committee looks closely at USMCA trade deal
With the review process of the U.S.-Mexico-Canada Agreement set to begin later this year, the Senate Finance Committee took a closer look at the deal this week. Dave Salmonsen, senior director of government affairs for the American Farm Bureau Federation, said the...
Strong U.S. corn exports continue
Another month-over-month increase is forecasted for our nation's corn exports, according to USDA's latest outlook. World Agricultural Outlook Board Chair Mark Jekanowski discusses the export numbers for the nation’s record corn crop. Jekanowski says one impact from...
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More Ag News
South American Weather and Crop Update (3-25-26)
The concerns over dry conditions in South America can be put to rest for the time being, as they have been getting plenty of rain as of late. Allendale commodity broker Greg McBride gave an update on the forecasts for both Brazil and Argentina. The rain in Brazil has...
Senate Farm Bill could still contain year-round E15
The Environmental Protection Agency today announced that it is lifting the summertime restrictions on E15 sales again for 2026. As we experience rising gas prices, year-round E15 sales will provide economic relief for consumers and strengthen the ag industry. However,...
Previewing USDA’s Prospective Plantings Report
The 2026 USDA Prospective Plantings Report is scheduled for release on Tuesday March 31st. The report surveys farmer planting intentions for major crops, including corn, soybeans, wheat, and more. This report gives us the first real snapshot of what planted acreage...
Secretary Naig welcomes the nationwide emergency waiver for 2026 summertime E15 sales
Iowa Secretary of Agriculture Mike Naig issued the following statement today after the Trump Administration issued an emergency waiver authorizing nationwide sales of E15 during the summer of 2026. “I appreciate the Trump Administration allowing the nationwide sale of...
Rising fuel prices renew push for E15 access
Rising fuel prices and global tensions are once again putting a spotlight on domestic energy options, including higher ethanol blends like E15. Iowa Secretary of Agriculture Mike Naig says situations impacting global oil markets serve as a reminder of why expanding...
