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U.S. Export Sales Report (12-19-24)
After getting quite a jump on the marketing year, export sales have been fairly disappointing over the last month. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. As for the flash sales, McBride said they’ve been mostly routine. Even though the export sales numbers are still good as a whole, McBride said it’s concerning to see corn drop down already since the advantage window against Brazil will be closing soon. The team at Allendale can be reached...
Next Senate Majority Leader vows to upend slow Senate pace
Incoming Senate Majority Leader John Thune vows to kick-start legislative action on farm and other legislation in 2025 when the GOP takes over leadership of the new Congress. Thune says that the Senate has not done enough during this Congress, beginning with the farm...
Soybean meal exports set a new record
U.S. soy remains America’s number one agricultural export, adding $31.2 billion to the U.S. economy in marketing year 2023-2024. Total soy export volumes were down from the prior year at 60.8 million metric tons, partly due to fewer carry-in stocks and the expansion...
EPA working on outreach with Farmers
Frequently, we find ourselves scratching our heads about AG’s relationship with the Environmental Protection Agency (EPA). More often than not, regulations and interpretations of their authority have ended up in the country's courtrooms. It’s been a strained...
A surprisingly active December WASDE report to end the calendar year
The December WASDE report, which is normally rather tame, was surprisingly active this time around. Allendale commodity broker Greg McBride said the numbers were almost definitively bullish for this month’s report. When you consider the fantastic demand for U.S....
Extension professionals getting their boots dirty to support farmers
The National Pork Board’s Swine Extension and Outreach Professionals Group is made up of university professors and-or extension professionals at U.S. colleges and universities. Sarah Schieck-Boelke, swine extension educator at the University of Minnesota, says this...
Grassley sees improved farm bill chances in next Congress
United States Senator Chuck Grassley (R-IA) says that a new Congress and unified party control should improve the chances of a new five-year farm bill in 2025. Grassley says that hardline GOP budget hawks in the House had an excuse this year not to give the Speaker...
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ICA CEO had an exciting first year in new position
Just as the cattle industry as a whole is always changing, the Iowa Cattlemen’s Association has also seen plenty of change this year. This includes the CEO position, where Bryan Whaley has stepped in and led the organization over the past year. Speaking at the annual...
Using data to provide more accurate crop insurance coverage
Crop insurance is a valuable tool for farms across the country, but imprecise data collection and record keeping can limit what a producer gets from their coverage. Nick Lewitt is a precision ag specialist with RCIS and he says that accurate data can allow a farmer to...
U.S. Export Sales Report (12-12-24)
We’ve been seeing high-performing export sales for several weeks now, but this week’s report brought some weaker numbers. Allendale commodity broker Greg McBride said both corn and soybeans were a little disappointing. While the number of flash sales has dropped off,...
Secretary Naig announces the expansion of cattle and conservation working lands project
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship is expanding its popular Cattle and Conservation Working Lands Project into Adams County, the eighth county to join the project. The southwest Iowa...
Purina committed to raising resilient calves
Getting our livestock off to the best start possible is the goal of every livestock producer. The better the start they have, the better the chance to have to produce their best. This is especially true when it comes to the cattle markets. Prices are at historic...