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South American Weather and Crop Update (3-3-26)
As harvest wraps up in Brazil for the soybean crop, the safrinha corn crop is being planted right behind it. Allendale commodity broker Greg McBride said the weather forecast looks good for both processes to continue smoothly. While progress is behind the usual pace, McBride said there are still no major concerns with the amount of harvest progress that has been made so far. Some groups are lowering their estimates for Brazil’s 2026 harvest total, but McBride said it’s still going to be...
Permanent year-round E15 will benefit U.S. economy
A new study from Growth Energy shows that a transition to nationwide E15 could save drivers billions in fuel costs, create jobs, and return billions to the economy. Emily Skor, CEO of Growth Energy, said President Biden?s 2022 waiver allowing E15 use in the summer is...
Concerns for fertilizer shortages next year
The global economy is quite messy right now and it is affecting all facets of people?s lives. Most western economies are taking steps to fight inflation and the consensus is that we will likely face some kind of recession. As much as we lament our situation in the...
U.S. diesel supplies are shrinking rapidly
America has a shortage of diesel supplies on hand and it?s putting pressure on suppliers to get more into the fuel supply. Reports say a shortage is spreading in the eastern United States and has prompted at least one supplier to initiate emergency protocols....
Iowa’s soybean farmers helping to expand soybean export capabilities
A lot of Iowa?s soybeans, particularly in the western part of the state, are crushed and processed into soybean meal and oil. After the meal is collected it is often put onto rail cars and sent to ports on the nation?s coasts for export. Mike Steenhoek, executive...
Food Bank of Iowa receives transformative gift from Albaugh LLC
Albaugh LLC, a global leader in the production and sale of post-patent crop protection products which is based in Ankeny, recently provided a donation of $2 million to support the Food Bank of Iowa?s new building addition, which will double the size of its...
Farmers for Soil Health engage in sustainability work
Farmers for Soil Health recently received a grant from the USDA as part of the Climate-Smart Commodity Program.Nathan Fields, vice president of production and sustainability with the National Corn Growers Association, says that when ag groups work together to strive...
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More Ag News
Rains are welcomed, but more is needed
We have definitely had a more active weather pattern in the past few days. In fact, yesterday was the first day since Thursday that Des Moines did not see any rainfall. Mind you, I am not complaining. We need the rain. I am just pointing out that things have changed...
ERS finds increasing concentration in ag and food sectors
The USDA?s Economic Research Service looked into market concentration and its impact on competition. It?s a subject that?s attracted growing public scrutiny. The ERS study says market concentration, which is measured by the share of industry sales held by the largest...
State Attorneys General urging lawmakers to pass AM for Every Vehicle Act
South Dakota Attorney General Marty Jackley has joined with his counterparts in 16 other states to encourage Congress to pass legislation that would keep AM radios in new vehicles at no extra charge to consumers. Jackley said AM radio serves an important role in rural...
Big surprises in Quarterly Grain Stocks and Acreage reports
It seems like the USDA didn?t want us to coast into this weekend. If you?ve looked at the current grain prices, then you?ll know that there were some big surprises in today?s Quarterly Grain Stocks and Acreage reports. Allendale commodity broker Greg McBride said the...
I-29 Moo University continuing 2023 Dairy Webinar Series
The I-29 Moo University 2023 Dairy Webinar Series continues Thursday, July 20 from 12 noon to 1 p.m. CDT with a focus on milk margins.The webinar will feature Dr. Gonzalo Ferreira, associate professor in the School of Animal Sciences (former Department of Dairy...
