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Neutral June WASDE report had little impact on grain prices
A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly quiet. Allendale commodity broker Greg McBride said the changes made to the corn numbers were relatively small. McBride said the soybean numbers had offsetting changes as well. McBride said the most impactful changes in this month’s...
Major progress on beef trade at U.S.-China summit
On Friday, May 15, China’s General Administration of Customs (GACC) granted a five-year registration extension to 425 overdue U.S. beef establishments in China’s Food Import Food Establishment (CIFER) system – a critical step toward restoring market access for U.S....
NWS cases less than 100 miles from U.S. border
There are over 1,800 active cases of the New World Screwworm in Mexico, and 15 of those cases are now less than 100 miles from the U.S. border. Rear Admiral Michael Schroyer, the associate administrator of the Animal and Plant Health Inspection Service, says that...
China agrees to $17 billion in ag purchases
China has agreed to purchase at least $17 billion in U.S. agricultural products annually through 2028. That’s according to a White House fact sheet released Sunday following President Donald Trump’s visit to Beijing. The agreement came after meetings between Trump and...
USDA watching western drought, Midwest summer outlook
Summer weather patterns remain difficult to predict heading into the heart of the growing season, but USDA Chief Meteorologist Brad Rippey says current forecast models continue pointing toward ongoing drought concerns across much of the western United States. Speaking...
Recapping a volatile week in the grain markets
President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between...
Stay prepared for natural disasters in farm country
Here in Iowa, tornadoes and other severe weather storms can decimate an area in no time. The same is true for much of the country- in fact, data shows that 90% of US counties have experienced a flood, hurricane, wildfire, or other calamity serious enough to receive a...
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More Ag News
Infrastructure expansion vital to U.S. fertilizer production
On Tuesday Agriculture Secretary Brooke Rollins provided updates on federal efforts to expand domestic fertilizer production. To increase fertilizer production capabilities, infrastructure improvements and upgrades are necessary and the U.S. Army Corps of Engineers is...
U.S. farmers lost $15 billion to tariffs
Recent studies by North Dakota State University revealed that U.S. tariffs and resulting retaliatory actions are driving significant economic losses for American agriculture, heavily impacting exports and raising farming costs. The study found that retaliatory tariffs...
Naig highlights bipartisan wins for Iowa agriculture
The Iowa Legislature wrapped up its 2026 session with several agriculture-related priorities crossing the finish line, including the bipartisan Iowa Farm Act and a major water quality and infrastructure funding package. Iowa Agriculture Secretary Mike Naig said the...
Trade announcements with China are a positive step forward
U.S. President Donald Trump and Chinese President Xi Jinping met recently to discuss trade and other topics. This may be a sign that trade tensions are slowly thawing between the United States and China. Faith Parum, an economist for the American Farm Bureau...
U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said...
