Top Stories
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...
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...
USDA lowers forecast for farm production expenses
In most years a farmer can expect to pay more than they did the year before for production expenses. However, in USDA’s new farm income forecast for this year, the report calls for lower production expenses. That is Spiro Stafanou, administrator of USDA's Economic...
What’s keeping farmland prices high?
The farmland market across the Midwest is resilient. While the markets have been pushing lower for almost a year and reaching below breakeven levels, Doug Hensley, President of Hertz Farm Management, says we’ve not seen land prices retreat in a similar fashion. While...
Solinftec’s new docking station takes autonomy to new level
We have talked in the past about Solinftec’s autonomous sprayers that can go around your field, under solar power, and take care of your spraying needs 24/7. However, there have been questions about how often the unit needs attending. Just like with any piece of...
Biden announces $7.3 million investment in rural electrification
President Biden traveled to Wisconsin today to announce an investment of $7.3 billion in affordable and reliable electricity for rural America through the Inflation Reduction Act. Sixteen rural electric cooperatives across 23 states- including Iowa- will be selected...
USDA net farm income report highlights need for new farm bill
The latest Net Farm Income Report shows a 23 percent drop in net farm income compared to 2022. Zippy Duvall, president of the American Farm Bureau Federation, says farms losing a quarter of their income isn’t economically sustainable. Duvall says there are a number of...
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More Ag News
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....
USB showing the value of the Soy Checkoff in 2025
Yesterday we talked with United Soybean Board (USB) Executive Committee Member Rob Ewoldt, an Iowa producer. We talked about some of the challenges and opportunities that the USB is looking at in 2025. We know that the current situation is going to make it tough for...
Landus celebrates Carbon Intensity Program participants
Over 50 farmers were recognized by Landus last week for their participation in the pilot of the Carbon Intensity Program. To be enrolled, farmers provided machinery data and physical and digital records related to their farm programs and carbon intensity practices....
Takeaways from annual USDA crop production report
Market reaction was swift following the publication of reports last Friday from the USDA including the annual crop production report. USDA Chief Economist Seth Meyer says changes made to corn and soybean yields were the focus. Those changes were made in the final...
Another strong month for red meat exports in November
November exports of U.S. red meat posted year-over-year gains across all categories, according to data released by USDA and compiled by The U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said U.S. pork exports remained on a record pace. Beef...
