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South American Weather and Crop Update (6-9-26)

South American Weather and Crop Update (6-9-26)

While drier conditions still remain in South America, recent rainfall has caused a notable improvement. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. Currently, farmers in Brazil just wrapped up first crop corn harvest and are waiting to start on the safrinha crop. McBride said harvest is almost finished for the crops in Argentina as well. Here in the U.S., the grain markets are looking ahead to this month’s WASDE report, which will...

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July was a strong month for beef and pork exports

July was a strong month for beef and pork exports

Exports of U.S. beef continued to build momentum in July, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said July beef exports totaled 110,419 metric tons (mt), up 7% from a year ago-...

Farming efficiently and improving yields with PTx

Farming efficiently and improving yields with PTx

In the spring of 2024 AGCO announced the launch of PTx bringing two of its precision ag entities, Precision Planting and PTx Trimble, together under one umbrella. Seth Crawford is the general manager of PTx and he says that with AGCO’s precision ag offerings from...

SAF coalition submits comments on energy credits and incentives

SAF coalition submits comments on energy credits and incentives

The Sustainable Aviation Fuel Coalition submitted comments responding to request for stakeholder comments on energy credits and incentives from the House Ways and Means Committee. In its comments, the Coalition underscored the economic benefits associated with SAF...

Hoegemeyer pleased with 24 performance and looks forward to 25

Hoegemeyer pleased with 24 performance and looks forward to 25

Record yields are being predicted once again in 2024. Now, we may wonder where those yields are coming from. However, what we have heard mostly around the state is that crops look good. People are saying that except for some drowned-out spots, the plants look strong...

Case IH announces new AF9 and AF10 series combines

Case IH announces new AF9 and AF10 series combines

One of the most visually impressive sights at the Farm Progress Show every year is the cutting-edge machinery on display. This year was definitely the year of the combine for Case IH, with new models being announced approximately every 100 days. Kurt Coffey, vice...

U.S. Export Sales Report (9-6-24)

U.S. Export Sales Report (9-6-24)

As the U.S. continues to have discounted grain in the global market, the export sales need to be following along as countries take advantage of the opportunity for cheaper corn and soybeans. Allendale commodity broker Greg McBride gave an update on the latest report...

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More data released on foreign-owned land

More data released on foreign-owned land

Foreign ownership of U.S. agricultural land remains a widely debated topic. Two additional years of data from 2022 and 2023 became available recently, and Danny Munch, an economist with the American Farm Bureau Federation, said only a small portion of foreign-owned...

Autonomous equipment use to grow 12 percent

Autonomous equipment use to grow 12 percent

The autonomous harvester market size is expected to record a 12 percent annual growth rate between 2024 and 2032. Global Market Insights says the rise will be fueled by a surge in product launches and the melding of advanced technologies with farm management systems....