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USGBC chairman sees opportunities for export growth

USGBC chairman sees opportunities for export growth

Strong export demand has provided an important outlet for U.S. farmers, but the new chairman of the U.S. Grains and BioProducts Council says maintaining that momentum will require protecting established customers while continuing to develop new markets. Nebraska farmer Jay Reiners was elected chairman of the council's board of directors during its 66th Annual Board of Delegates Meeting in Milwaukee. As he begins his term, Reiners says the ongoing USMCA review is among his top priorities,...

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Rainfall supports higher yield estimates for Iowa crops

Rainfall supports higher yield estimates for Iowa crops

Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...

U.S. bison gains duty-free access to European Union

U.S. bison gains duty-free access to European Union

Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...

Weather forecast keeping pressure on corn and soybean marketplace

Weather forecast keeping pressure on corn and soybean marketplace

While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...

Record ethanol blend rate lowers fuel costs for drivers

Record ethanol blend rate lowers fuel costs for drivers

The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...

Tight margins make financial analysis critical

Tight margins make financial analysis critical

As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...

South American Weather and Crop Update (8-4-26)

South American Weather and Crop Update (8-4-26)

As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride...

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Senate farm bill stalls over SNAP dispute

Senate farm bill stalls over SNAP dispute

The Senate Agriculture Committee failed to advance its Farm Bill Thursday after Democrats rejected the Republican proposal in a 10-11 vote, leaving the legislation without a clear path forward. Committee Chairman John Boozman recessed the markup after negotiations...

USGBC chairman sees opportunities for export growth

U.S. Export Sales Report (8-6-26)

This week’s export sales were decent once again and provided some baseline support for the grain markets. Allendale commodity broker Greg McBride gave an update on the latest corn numbers from the USDA. While the soybean sales weren’t bad, McBride said they were...