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China commits to future soybean buys
Treasury Secretary Scott Bessent announced that China has agreed to buy 12 million metric tons of soybeans this year. The announcement by Bessent follows President Trump’s meeting with President Xi Jinping of China in South Korea. Bessent told Fox Business that China will also buy a minimum of 25 million tons annually for the following three years. Commodity broker Joe Camp of Commstock Investments says the reaction in the ag marketplace has been mixed due to a lack of details of the framework...
NFU responds to government efforts to lower beef prices
Following President Trump’s comments about importing beef from Argentina to lower prices for American consumers, National Farmers Union (NFU) President Rob Larew reaffirmed the need to strengthen fairness and competition within the U.S. beef industry rather than rely...
Pork industry balances profit and patience
The latest USDA data is giving pork producers plenty to think about as they look toward 2026. After a year of steady profitability, markets are showing a softer tone heading into fall, but the fundamentals remain solid. The most recent Hogs and Pigs Report provided a...
Feenstra talks farm economy investments from Trump tax cuts
There’s been discussion recently about potential farm economy investments that could result from some tax cuts made by President Trump. Iowa Congressman Randy Feenstra said he’s advocating for benefits like new export markets, among other changes. Feenstra said new...
China proposes a tariff-drop swap with Canada
The Chinese Ambassador recently told a Canadian national television audience that his country is willing to remove its tariffs on Canada’s pork products, seafood, and, by far the largest of the categories, canola oil, seed, and meal if Canada drops its 100 percent...
Markets stay cautious in fog of uncertainty
After some fireworks late last week, things have quieted down in the grain trade. The latest spark came as China and the United States each slapped new fees on maritime shipping from the other country. It’s another step in the ongoing trade war, but for now, markets...
Farm crisis not forgotten during shutdown
The farm crisis remains top of mind during the government shutdown and some lawmakers are sounding the alarm. That’s Mississippi Senator Cindy Hyde-Smith who says this is not a regional or political issue but one that affects all Americans. She adds that the situation...
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More Ag News
R-CALF urges Trump to fix beef market fairly
If you have felt a little sticker shock at the meat counter lately, you are not alone. Beef prices continue to push higher, setting new records seemingly by the week. In many stores, 80/20 ground beef is knocking on the door of seven dollars a pound, and when it does...
South American Weather and Crop Update (10-21-25)
The weather looks to be drying out for a good portion of South America. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. The weather has been cooperative for both corn and soybean planting progress to move along...
Iowa is a great home for USDA research projects
As the USDA looks into decentralizing from Washington, D.C., Iowa Congressman Randy Feenstra says some research projects should be moved to Ames, Iowa. With our state being a natural hub for agriculture, this change would be a great fit for what the USDA is looking...
The value of early planting soybeans
In recent growing seasons farmers have been planting soybeans earlier and experiencing for the most part higher yield potential. Researchers at the University of Illinois have been studying this management trend to test the value of early planting soybeans. Connor...
Optimism for the ethanol industry
The U.S. Grains and Global Bioproducts Council is holding its annual Global Ethanol Summit in Washington, D.C.. At the summit, Growth Energy CEO Emily Skor expressed optimism for the future of bioethanol, while highlighting the positive impact that pro-bioethanol...
