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September WASDE leaves analysts scratching their heads

September WASDE leaves analysts scratching their heads

This month’s WASDE report was not as friendly as projected, but the markets still moved higher to end the week. A few factors, including the recent end of the old crop marketing year, may be influencing the markets in confusing directions. Allendale commodity broker Greg McBride said a deep dive into the report shows why the markets may have moved the way they did. McBride said the USDA is likely factoring in the China trade situation for the soybean adjustments. McBride also noted that the...

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U.S. and EU issue a joint statement on trade framework

U.S. and EU issue a joint statement on trade framework

The U.S. and the European Union announced that they’ve agreed on a Framework of an Agreement on Reciprocal, Fair, and Balanced Trade. Among the key terms, the EU intends to eliminate tariffs on all U.S. industrial goods and provide preferential market access for a...

Lower beef production, higher steer prices

Lower beef production, higher steer prices

Beef supplies continue to tighten, yet consumer demand remains strong. That has led to a one-way street for beef prices with the price continuing to climb for consumers. USDA’s August forecasts for beef production and steer prices also demonstrate the effect of...

Pork- a “friend to all foods”

Pork- a “friend to all foods”

Pork is often called a “friend to all foods” thanks to its versatility and being a carrier food. As one of the most widely consumed proteins globally, it's a natural fit for various meals. Emily Krause, director of nutrition, health, and wellness initiatives at the...

Iowa Corn Day puts spotlight on everyday impact

Iowa Corn Day puts spotlight on everyday impact

The Iowa State Fair is always a showcase for agriculture, and on Iowa Corn Day, the spotlight turns to the state’s leading crop. From food and fuel to global exports, corn’s impact reaches far beyond the fairgrounds. It’s also a chance for leaders in the industry to...

Cooperative Iowa weather has led to rapid crop growth

Cooperative Iowa weather has led to rapid crop growth

This year’s weather has been mostly outstanding for the crops, and that is easy to see when you look at your nearest corn and soybean fields. Too much rapid growth can cause problems, however, and Iowa farmers are seeing that this year. David Hoy, northeast Iowa...

Grassley sees Section 301 as back-up if courts block Trump tariffs

Grassley sees Section 301 as back-up if courts block Trump tariffs

Brazil has been a hot topic in United States ag policy in recent months, and United States Senator Chuck Grassley (R-IA) says that is justified. Senator Grassley says that the Section 301 probe just launched against Brazil is needed in case President Trump’s tariffs,...

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Cattle industry monitoring human screwworm case

Cattle industry monitoring human screwworm case

A human case of New World screwworm was reported by the Centers for Disease Control after being discovered earlier this month. Colin Woodall, CEO of the National Cattlemen’s Beef Association, said the cattle industry will monitor the situation, but this isn’t a risk...