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USDA says Iowa near major weather boundary
Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey said drought conditions still dominate much of the country, even as parts of the Midwest and Great Lakes region have dealt with flooding and severe storms. Rippey, who authors the weekly U.S. Drought Monitor and contributes weather...
New poll suggests ag economic downturn
A new poll of agricultural economists by Farm Journal shows most expect lower commodity prices, along with the outlook for higher costs, to weigh on the agriculture industry in 2024. Farm Journal has partnered with the University of Missouri to create the Ag...
Tax bill passes in House, some ag senators raise doubts
Members of Congress from ag heavy states helped to push sweeping tax legislation across the finish line in the House, but there may be more resistance ahead in the Senate. The message of House members in favor of the bill, that it will benefit farmers and ranchers,...
NCBA on track to meet sustainability goals
At the 2024 Cattle Industry Convention and National Cattlemen’s Beef Association (NCBA) Trade Show held in Orlando, Florida, sustainability is a huge focus. NCBA Senior Director of Sustainability Samantha Werth said there has been a continued focus on defining what...
Be cautious of damage to alfalfa this winter
This has been a winter we will likely remember for a long time. It’s been pretty comfortable, unseasonably warm, and we got a large amount of snow and bitter cold quickly. Then as quickly as it arrived, it was gone. We have also noted that our ground hasn’t seen the...
Tax relief package is now heading to the Senate
A tax relief package passed the House of Representatives this week and heads to the Senate for consideration. The Tax Relief for American Families and Workers Act restores tax provisions left out of the 2017 tax reform efforts. American Farm Bureau Federation...
U.S. Export Sales Report (2-1-24)
This week’s export sales were very mixed. Corn saw another good week, but soybean numbers were well below expectations. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said the flash sale of soybeans to Mexico was nice, but we...
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Edge-of-field conservation practices are simple and effective
Edge-of-field conservation practices aren’t complicated, but they are highly effective at improving water quality. These can be as simple as a grass waterway or a buffer strip beside a small creek, or they can be much more intensive, like a bioreactor at the end of a...
Vilsack discusses expected record farm trade deficit
USDA Secretary Tom Vilsack says this year’s expected record farm trade deficit is due to a strong U.S. economy and U.S. criticism of a major trading partner, China. Vilsack says the U.S. economy’s strength, with its stronger dollar, is largely to blame for USDA’s...
U.S. soybean supply to rebound in 2024-2025 marketing year
The U.S. soybean supply for marketing year 2024-2025 is forecast at 4.8 billion bushels, eight percent higher than the previous marketing year but down 20 million bushels from last month’s forecast. According to the National Agricultural Statistics Service Acreage...
The Midwest will enjoy a little bit of a cooldown
On Monday, we saw storms roll across central and eastern Iowa, which rolled to the Indiana/Ohio border. Rain, hail, tornadoes, and high wind gusts were recorded after what NOAA classified as a derecho. Wind gusts of over 100 miles an hour were recorded near New Vienna...
South American Weather and Crop Update (7-16-24)
For the most part, the weather is still dry in Brazil and Argentina. While this is creating long-term concerns, it is at the very least allowing harvest to progress at a brisk pace. Allendale commodity broker Greg McBride gave an update on the latest conditions....
