Top Stories
Fuel price volatility continues as war negotiations resume
For the duration of the U.S.-Israel war with Iran, oil prices have been on a rollercoaster ride, And that volatility continues as negotiations resume in Pakistan. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, said oil prices decreased last week, following news of the ceasefire. However, prices turned higher over the weekend as that ceasefire appeared to be failing. While prices moved higher to start the week, DeHaan said the volatility maybe dying down. When it comes to the...
Record cash receipts from commodity sales in 2022
American farms reported record cash receipts of $555 billion from the sales of all commodities in 2022. This beat the previous high from 2014 by 3.1 percent after adjusting both amounts for inflation and was 28 percent above the 20-year average level. The 2022 record...
Soybeans are a huge impact on the American economy
Soybeans are amazing little seeds. We can do so much with them. Whether it is for feeding humans and animals, fueling our cars, being part of the rubber in tires and shoes, or sealing the road surfaces we drive on; that little bean is everywhere and is an essential...
U.S. Export Sales Report (10-13-23)
Another mostly friendly report from the USDA, this time from the U.S. Export Sales Report. Allendale commodity broker Greg McBride said that the old crop numbers were good, and the new crop numbers were at least mediocre. Flash sales were also fairly active,...
US ag exports, imports slowing
U.S. farm exports and imports are slowing based on USDA’s latest projections. The final figures aren’t in yet for the fiscal year that ended last month, but USDA Economist Bart Kenner says farm exports will likely be down. Kenner says U.S. exports have some ground to...
Iowa corn collegiate advisory team students selected
Iowa Corn is proud to announce the students selected to participate in the 2023 - 2024 school year’s Collegiate Advisory Team (CAT) program, which focuses on increasing college students’ understanding of the corn industry. During the one-year program, students will...
Low river levels taking a toll on Iowa cash crop prices
A prolonged impact from low river levels is being felt by Iowa farmers as it related to lower cash basis levels. Certainly seeing rainfall which will help but it’s going to take a lot as most is currently sinking in. Matt Miles is a fourth-generation row-crop farmer...
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More Ag News
ISU networking with students at Iowa FFA Convention
Today is the last day of the 96th annual Iowa FFA Convention, and as the host site, Iowa State University greatly enjoys the opportunity to interact with tomorrow’s ag industry leaders. As one of the top ag schools in the country, many of those students will end up...
Grassley: “I think it’s next year before we get a farm bill”
Senator Chuck Grassley (R-IA) says that in meeting with Iowans recently, the topic of the farm bill remains a priority. Despite pushing hard for work to be completed early in the year on the farm bill, to allow for elections later in the calendar, progress has...
South American Weather and Crop Update (4-16-24)
Much like what we’ve seen today, there’s quite a bit of rain in Brazil and Argentina currently. However, producers in Argentina are now worried about getting too much rain, which can cause delays. Allendale commodity broker Greg McBride gave an update on the latest...
Iowa farmers encouraged to remain vigilant against threat of HPAI
The Iowa Department of Agriculture and Land Stewardship today provided an update on the continually evolving situation regarding the spread of Highly Pathogenic Avian Influenza (HPAI) in dairy cattle and poultry flocks in other states, strongly encouraged both dairy...
Fendt Lodge is set to open on May 1st
On May 1st, Fendt plans to open a new, state-of-the-art facility in Jackson, MN called the Fendt Lodge. The Lodge will be a facility in which farmers can come and experience the new equipment that is coming out, try simulators of the new equipment, and where product...
