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U.S. farmers planted fewer corn acres and more soybeans

U.S. farmers planted fewer corn acres and more soybeans

Today the USDA published both the Planted Acreage and Quarterly Grain Stocks Reports. Commodity broker Greg McBride of Allendale says there were only slight adjustments to the corn acres from the March planting intentions report. McBride says the soybean acreage number was mostly inline with pre-report estimates within the industry. He details the adjustments to the numbers in the Quarterly Grain Stocks report as well. For more information visit https://www.allendalehub.com/

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Lower domestic cattle inventory to start the year

Lower domestic cattle inventory to start the year

USDA’s first Cattle Inventory report for 2025 reflects a year over year decrease says USDA livestock analyst Mike McConnell. The overall herd size continues to contract with numbers remaining very low, but McConnell says that there are some interesting takeaways from...

Strong U.S. red meat presence at Tokyo’s Yakiniku Business Fair

Strong U.S. red meat presence at Tokyo’s Yakiniku Business Fair

With support from USDA, the Beef Checkoff Program and the United Soybean Board, U.S. beef and pork were showcased at the Yakiniku Business Fair in Tokyo, one of the most important annual trade shows for Japan’s restaurant sector. Tom Kasatani, U.S. Meat Export...

What will tariffs mean for fertilizers?

What will tariffs mean for fertilizers?

EDIT: Since the following article was published earlier this morning, the White House announced that tariffs on Mexico would be suspended for a month. The deadline came and went, and the United States has placed tariffs on some of our closest trading partners and...

Driving demand for pork now and into the future

Driving demand for pork now and into the future

Matt Gent is now the past President of the Iowa Pork Producers Association. He moves into the role after serving as the President of the IPPA last year. Aaron Juergens has taken over as the new President of the organization for 2025. Gent tells the Iowa Agribusiness...

Cattle producers want to keep Section 199A around

Cattle producers want to keep Section 199A around

Several tax bills have been recently introduced in Congress in order to protect several key tax provisions from the 2017 Tax Cuts and Jobs Act and ensure cattle producers can keep more of their hard-earned money. In the latest episode of the National Cattlemen’s Beef...

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Pork supports affordable & balanced diets

Pork supports affordable & balanced diets

Nutrition and dietary guidelines are back on the front burner in Washington, as policymakers revisit how federal recommendations shape school meals, food programs, and consumer habits. The renewed focus is drawing attention from both producers and consumers, who are...

U.S. Export Sales Report (5-15-25)

U.S. Export Sales Report (5-15-25)

The latest export sales show that both corn and soybeans are continuing to march to the beat of their own drum. Allendale commodity broker Greg McBride said it was another week of outstanding corn exports. The soybean sales are much less extravagant, but that’s not...

Cattle markets can’t stay bullish forever

Cattle markets can’t stay bullish forever

The cattle markets have been in a bullish market for quite a while now, and we’ve almost grown used to the record-high prices. However, it’s dangerous to get too comfortable with a rally like this. USDA chief economist Seth Meyer said he’s unsure of how long this bull...