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Don’t get too comfortable with the current cattle prices

Don’t get too comfortable with the current cattle prices

Both the live and feeder cattle markets are experiencing unprecedented price levels. Those levels won’t last forever, though, so it’s important to maintain a level of caution when navigating the marketplace. Ross Baldwin, hedging strategist at AgMarket.Net, said he doesn’t expect the rally to end quite yet. Baldwin said the cattle market is so full of momentum that it will likely be due for a correction. Baldwin added that the markets will eventually price in the current bullish news, so...

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September WASDE: Par for the course

Agricultural officials lowered corn and soybean yields, as well as total production. The recent action was par for the course, as Midwest farmers battled a derecho storm and flash drought."The trade was looking for the crop to shrink, due to the flash drought we saw,...

Atlantic vegetable farmer confident in future of Ag

Atlantic vegetable farmer confident in future of Ag

While the Ag sector is facing many challenges, a local vegetable farmer from Cass County is optimistic about the future of Agriculture. The Iowa Farmers Union recently held a webinar discussion with Denise O?Brien of Atlantic. She is the founder of the Women, Food and...

Soybeans highlight bullish export sales report

Soybeans highlight bullish export sales report

Soybeans led the charge in the weekly US Export Sales Report that was released Friday morning. According to commodities broker Greg McBride with Allendale, new crop soybean exports totaled over 3.1 million metric tons. Sales were primarily to China at 1.59 million...

Morton Buildings working to help Iowa customers affected by derecho

Morton Buildings working to help Iowa customers affected by derecho

We all have seen the images of down crops and destroyed structures. The derecho moved through a little more than a month ago. Since then, it has still been a process to get things back to a state of normalcy. As insurance adjusters keep scouring the state, we are...

ISU: U.S ready to meet China?s increasing import demand

China?s demand for U.S. corn is surging, and Iowa State University?s Center for Agriculture and Rural Development says the U.S. is ready for that demand. ?The recent derecho storm caused a great deal of damage to Iowa?s corn and soybeans, but total predicted national...

U.S. Drought Monitor indicates recovery in eastern Iowa

U.S. Drought Monitor indicates recovery in eastern Iowa

Light to moderate rain showers continue across the state. Recent precipitation has helped improve drought conditions. Iowa state climatologist Dr. Justin Glisan speaks to the latest U.S. Drought Monitor, as well as provides a glimpse of what lies ahead."We are seeing...

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