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U.S. Export Sales Report (2-5-26)
The markets didn’t stay calm for long, as this was an extremely busy week for major ag news. While the weekly export sales weren’t huge, other news from the Trump administration had a massive impact on grain prices. Allendale commodity broker Greg McBride said this week’s export sales were a little disappointing. After a bit of a quiet period, McBride said there were some recent flash sales. On Wednesday, President Trump announced that he had a very productive call with China President Xi...
YieldOn will help boost nutrients for late-season corn & soybeans
There are many factors that farmers are going to deal with in Iowa and around the country. Input costs are high, weather and soil conditions do not always cooperate, and there are always pests. All these factors will take bites out of your profitability in a year...
Mother Nature is coming down hard on wheat producers
While there isn?t a lot of wheat in the state of Iowa, there is some. However, no matter how much wheat we produce in our state, wheat has a pretty big influence on the temperament our corn and soybean markets have on any given day. Their wins and losses tend to take...
EPA sending biofuel blending mandates to White House
The Environmental Protection Agency (EPA) is expected to send the long-awaited 2020-2022 biofuel blending mandates to the White House early this week. Two sources familiar with the matter told Reuters the White House would then be working through a final review of the...
Rural Mainstreet Index remains positive for now
The Rural Mainstreet Index for April was just released, and while its numbers are good, they are showing signs of what may be coming. April came in at a 62, which is still in growth territory but is down over three percentage points from March. So, there isn?t a lot...
China Ambassador Qin Gang talks U.S. agriculture and the future of U.S.-China relations
Several Chinese ag leaders were able to make the trip to the World Food Prize Hall of Laureates last week. The most prominent guest among them was China Ambassador to the U.S. Qin Gang. He continued the theme of friendship during his opening remarks.Ambassador Gang...
Senate Ag Committee holds first Farm Bill hearing
Today, the Senate Ag Committee was in Michigan to hold their first 2023 Farm Bill hearing. Michigan is the home of Ag Committee Chair Senator Debbie Stabenow.We are facing quite a difference heading to 2023 than we were going towards 2018. Senator Stabenow highlights...
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More Ag News
Animal ag continues to be top U.S. soy consumer
Animal agriculture consumes 97 percent of U.S. soybean meal ? a key demand driver for soybean farmers. The United Soybean Board invests in research to improve soy-based products for animal agriculture. USB farmer-leader Gary Berg talked about a couple of those...
Get your Census of Ag filled out and returned
You have certainly seen the USDA?s Census of Agriculture waiting for you to fill out and return. You have likely heard ag media, ourselves included, reminding you to get this information filled out and sent back. The deadline is now less than a week away. Your...
South American Weather and Crop Update (1-31-23)
Argentina dried out a bit over the weekend, causing some strength in the U.S. grain markets. Later forecasts, however, show rain returning to the area. Allendale commodity broker Greg McBride provided an update on the latest weather patterns for Brazil and...
Increasing livestock profitability through optimized feed plans
Producers are always searching for ways to raise livestock more efficiently and profitably.Dr. Jim Smith a senior technical swine nutritionist with Kent Feeds, recently spoke at the Iowa Pork Congress revealing the results of a recent study with an optimized feed plan...
NCGA prioritizing crop insurance funds in next Farm Bill
As lawmakers in Washington focus on the debt ceiling and federal spending, there are concerns about the direction and funding for this year?s new federal farm bill, as the current farm bill is set expire in late September. Bradley Schad, CEO of Missouri Corn ? which...
