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South American Weather and Crop Update (3-3-26)

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...

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Farm financing demand edges higher

Farm financing demand edges higher

Strong agricultural prices continue to support the farm economy, but the rapid rise in production expenses could pressure profit margins. That?s pushing the demand for farm financing higher. Larger-sized operating loans are continuing to boost farm lending activity....

Why are input costs staying so high, & what is fertilizer?s future?

Why are input costs staying so high, & what is fertilizer?s future?

As the combines roll across Iowa, many producers' minds are already on the 2023 growing season. While there are many factors that go into a crop, this year a lot of folks are focused on those large dollar signs. Cost is the one factor that overreaches all of...

Vilsack announces $11.1 million investment for Crystal Freeze Dry LLC

Vilsack announces $11.1 million investment for Crystal Freeze Dry LLC

Today, U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced an investment of $11.1 million under the Food Supply Chain Guaranteed Loan Program for Crystal Freeze Dry LLC, which will help the company expand capacity to manufacture freeze-dried egg...

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Drought continues to expand across the state

Drought continues to expand across the state

Despite decent rainfalls over the weekend, drought conditions continue to expand across Iowa. At this point, it?s going to take a lot to even make a dent on moisture deficits in some areas. Iowa State Climatologist Dr. Justin Glisan gave an update on the U.S. Drought...

NPPC talks about strategies in trade

NPPC talks about strategies in trade

Last week, we started a conversation with Maria Zieba, Vice President of International Affairs for the National Pork Producers Council (NPPC). In the conversation we talked a little bit about the strong start that trade has had in 2023 for the pork industry. Also, we...