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U.S. Export Sales Report (4-30-26)
This week’s export sales continued the recent trends we have seen. Allendale commodity broker Greg McBride said the corn sales had another strong report. The soybean sales, however, were disappointing once again. Additionally, there have been no flash sales since last week. McBride said that’s in line with what we usually see at this time of year. The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
Tighter margins ahead in 2024
Despite a drop in key operating costs, Rabobank says contracted margins in 2023 will continue into the new year. Soybean farmers are likely to achieve good margins in the 2024 season, but corn farmers will feel their margins pressured by ample supply. Wheat margins...
Congressman Nunn talks new CRP bill & railroad debacle at the border
There are many juggling pins in the air for the agriculture industry in Washington, DC. Yesterday we talked about the E15 situation with EPA, we still need a Farm Bill, and farmers need the tools to do their jobs properly and shipping lanes that are open for us to...
South American Weather and Crop Update (12-19-23)
Spotty rain has entered the forecast in South America. While it would possibly be enough rain for our growing season, both Argentina and Brazil need significantly more rain than that. Allendale commodity broker Greg McBride gave an update on the latest weather...
China cutting back on soybean imports
The December World Ag Supply and Demand Estimates showed that China will cut back on soybean imports. Mac Marshall, vice president of market intelligence for the United Soybean Board, said the slowdown isn’t a surprise. “Margins for hog producers have been tough...
Grassley details priorities for 2024 legislation
As 2023 begins to wind down, members of Congress are already looking to 2024 and what will be a busy year for agriculture in government. Ag focused members of Congress have signaled their hopes of crafting a new five-year farm bill and are trying to create a blueprint...
Applications open for PFI programs that help with crop rotations
Midwestern farmers thinking of diversifying their rotations with small grain crops like cereal rye, oats, barley, triticale and wheat can now apply for financial assistance through Practical Farmers of Iowa’s extended rotation cost-share programs. The programs – which...
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More Ag News
Legislation creating uncertainty for pork producers
When California’s Prop 12 legislation was enacted into law to begin 2024 it signaled a major change for the pork production industry with one state enacting a law that determined how pork was raised across the country. For pork products to be sold in California they...
Iowans encouraged to visit farmers markets
As summer kicks off, Iowa Secretary of Agriculture Mike Naig is encouraging Iowa families to visit and support the more than 200 farmers markets located across the state. Farmers markets and farm stands provide consumers with easy access to local fruits, vegetables,...
ISU developed test to detect Japanese encephalitis virus
In 2013, when the porcine epidemic diarrhea virus made its way to the U.S., the Iowa State University Veterinary Diagnostic Lab (ISU VDL) had to design a high-capacity test to keep up with the outbreak. Now there’s another disease that’s made a global spread. Japanese...
April pork exports largest in almost three years
April exports of U.S. pork reached the highest volume and value since May 2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). It was also a robust month for U.S. beef exports, which were the largest in 10 months and valued...
NPPC Working with our neighbors to protect our animal populations
Global trade is a complex thing. There are agreements in place, tariffs, trade barriers, and the list goes on and on. It’s not just saying, “Hey we would like to sell you some food.” And they respond, “Okay here’s our money.” There are so many rules, regulations, and...
