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South American Weather and Crop Update (5-6-26)
Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a good pace in Argentina. McBride said they are making good progress on harvest in Brazil as well. That dry weather could cause ending stocks in Brazil to get lowered a little bit, which can turn around and be a benefit for the markets...
Biomass diesel production grew 25 percent last year
Clean Fuels Alliance welcomed the Environmental Protection Agency’s release of public data for the Renewable Fuel Standard. That data shows U.S. production of biomass-based diesel - including biodiesel, renewable diesel, sustainable aviation fuel, and heating oil –...
Sustainable Aviation Fuel market could be huge boost for Iowa producers
Demand is the key to any success we have in the ag marketplace. Whether it is foreign or domestic demand, we need it to be able to generate a fair market value for the corn and soybeans we produce. This is even more apparent that we have generated a large amount of...
A little extra work can go a long way with rotational grazing
As cattle producers prepare to face a year full of issues like drought and tighter margins, they need to use every resource they can to make things even a little bit easier. Grazing management can go a long way to help with that, especially when it comes to rotational...
Korean consumer confidence in safety of U.S. beef reaches new heights
In 2008, Korean citizens protested the return of U.S. beef to the market following a 2003 finding of bovine spongiform encephalopathy (BSE). Now, according to the latest consumer perception survey, a record 70% of Korean consumers say U.S. beef is safe, and nearly 70%...
Iowa Pork Producers Association welcomes new president Matt Gent
The Iowa Pork Producers Association holds its annual meeting each year during the week of pork congress in Des Moines as the president-elect moves into the role of president. At last week’s meeting Matt Gent succeeded Trish Cook as the new president of the IPPA, with...
Food price inflation subsided in 2023
USDA’s Economic Research Service says food-at-home prices increased by five percent in 2023, much lower than the growth rate in 2022 of 11 percent. However, that was still double the historical annual average growth rate from 2003 to 2022, which was 2.5 percent. All...
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More Ag News
Several changes for this year’s state fair, but the heart remains
The Iowa State Fair is less than a month away, and the people who run it are excited (with a healthy dose of fear) for it to kick off. Iowa State Fair CEO Jeremy Parsons said several events have taken place on the fairgrounds recently, and that helps them to be...
Despite bullish July WASDE, market expectations should be tempered
It seems like we only get one or two friendly USDA reports to talk about every year, and the July WASDE report was one of them. However, it’s not as bullish as it might initially seem, so expectations for the long term need to be tempered. Allendale commodity broker...
Sun powered sustainability taking shape at Chevron REG in Mason City
Chevron Renewable Energy Group is introducing an enhancement at its Mason City biodiesel production facility that includes the installation of a solar array. The project kicked off with a groundbreaking event at the site that included local leaders and project...
Secretary Naig anticipates record year for water quality wetlands in Iowa
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship anticipates a record calendar year for progress toward the construction of Department-sponsored water quality wetlands within Iowa. Over the past few...
Outlook for fall 2024 fertilizer shipments
While we just passed the 4th of July a week ago, it is not unreasonable to think about the supplies you will need for and after the fall harvest. One of the biggest inputs that will be thought about is the fall fertilizer and its availability. In the past, we saw some...
