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June soybean outlook from USDA features small changes

June soybean outlook from USDA features small changes

The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets dramatically. However, there were still a lot of key takeaways from last week’s WASDE publication including the supply and demand estimates for U.S. and world soybean crops. World Agricultural Outlook Board Chair Mark Jekanowski says...

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August red meat exports show mixed results

August red meat exports show mixed results

Fueled by another outstanding performance from Mexico, August exports of U.S. pork increased year-over-year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). On the other hand, U.S. beef exports were below year-ago levels in...

Sharing the story of U.S. agriculture overseas

Sharing the story of U.S. agriculture overseas

The U.S. Sustainability Alliance was formed to share the stories and values of U.S. farmers, fisherman, and foresters with European audiences. Zippy Duvall, American Farm Bureau Federation President, said U.S. agriculture has a great story to share with EU officials...

June soybean outlook from USDA features small changes

U.S. Export Sales Report (10-10-24)

The positive trend for export sales continued with another great report from the USDA. Allendale commodity broker Greg McBride gave an update on the latest numbers. While flash sales have also been consistent, McBride said they’ve also been pretty minor. McBride also...

Farm to School month educates students on agriculture

Farm to School month educates students on agriculture

October is National Farm to School month, when schools and farmers alike can celebrate the fresh foods grown by local farmers and served to local students. Jenny Lester Moffitt, Under Secretary of Agriculture for Marketing and Regulatory Programs, said a recent grant...

Animal disease traceability rule coming in November

Animal disease traceability rule coming in November

The U.S. cattle industry will have a new level of disease protection next month when USDA’s enhanced animal disease traceability rule takes effect. Rapid response to an animal disease outbreak is the aim of the new USDA traceability rule, with its visual checks and...

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Few changes made in February WASDE

Not much was expected from this month’s WASDE report. However, it still managed to be quiet even by those standards. Allendale commodity broker Greg McBride said they were looking for slight reductions to the U.S. balance sheet, but no changes were made. The only...

Speaking up for a new farm bill

Speaking up for a new farm bill

With no shortage of issues facing farmers and ranchers right now, the House Ag Committee recently heard testimony from a panel of producers. Alisha Schwertner, a Texas cotton farmer, said there was one important message she hoped to pass on to the committee....

June soybean outlook from USDA features small changes

The final ag trade numbers for 2024

The USDA has finished compiling the final trade data for December 2024 and for the entire year of ag trade. Here is USDA economist James Kaufman with more on the final numbers. The data points to a growing ag trade imbalance. Kaufman expands on month over month ag...