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Oil prices facing extreme volatility following U.S. bombings in Iran
On Saturday, President Trump had the U.S. military launch a series of coordinated bombings against three nuclear facilities in Iran. With this major escalation, Iran’s government is now deciding how to respond, and they have already issued a warning of “dangerous consequences.” Greg McBride, director of brokerage at Allendale, Inc., said one word can describe what this means for the markets: volatility. The immediate response from Iran’s government was to vote to close the Strait of Hormuz,...
Purina feed technologies on display at World Pork Expo
Experts with Purina Animal Nutrition spent time at the 2021 World Pork Expo showcasing feed technologies designed to meet today?s challenges for successful futures.There?s no such thing as a one-size-fits-all solution in pork production, says Dr. Emily Otto-Tice ?...
Ernst frustrated over EPA?s potential water rule reversal
Iowa Senator Joni Ernst says a return to the Obama-era Waters of the U.S. Rule would create a heavier burden on the shoulders of Iowa farmers and ranchers.In a Zoom video interview with IARN Thursday afternoon, Senator Ernst addressed the EPA?s recent announcement...
SCN Coalition highlights checkoff-funded research accomplishments
Pests are a huge problem in Iowa fields. One of those pesky critters is the soybean cyst nematode (SCN). Keeping ahead of the pest, and the way it has adapted to different treatments is a full-time job. Research into new methods of treatment are on-going. They are...
Project partners kick off Central Iowa Water Quality Infrastructure Project
Iowa Secretary of Agriculture Mike Naig joined state and federal government agencies, Polk County officials, conservation contractors and local landowners to kick off the Central Iowa Water Quality Infrastructure Project. The unique water quality project creates a new...
Markets suffer tough Thursday close
The markets finished in ?big red numbers? on Thursday, according to a market analyst.Grain markets closed sharply lower ? to say the least ? on Thursday. Corn was limit down 40 cents, while soybeans encountered losses of 90 cents-to-$1.07. Wheat was also in the red,...
U.S. Export Sales Report for 6-17-2021
The U.S. Department of Agriculture released its weekly U.S. Export Sales Report on Thursday. Old crop exports were low, but they fell within expectations. Allendale commodity broker Greg McBride said there wasn?t a lot of excitement in this week?s report.Bean oil...
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More Ag News
Farm Bureau announces iFarmiVote voter toolkit for rural America
As we enter the middle of 2022, we know that the inundation of political ads and commentary is only going to increase. Not only are there local and state elections, but it is also the midterms for the Congressional elections, and it will be interesting to see which...
Midday Market Podcast- Bryan Doherty TFM- 6-7-22
Corn and soybeans are both higher today after a surprisingly good USDA crop progress report. Riley Smith talks with Bryan Doherty of Total Farm Marketing.
Record gas prices and its effects on ethanol
If you?ve travelled anywhere within the last week or visited the gas station anytime soon you probably have noticed that gas prices have rapidly gone up, and the money in your wallet has rapidly gone down. While the almost daily rise in prices is affecting consumer?s...
South American Weather and Crop Update (6-7-22)
Both Brazil and Argentina have dry weather in the current forecast, which will help them work on harvest. However, Argentina will likely see some rains in the next 6-10 days, which would obviously hinder them a bit. Allendale commodity broker Greg McBride provided a...
Rep. Axne leads letter urging Commerce Dept. to prioritize rural America
Members of the New Democrat Coalition (NDC) were led by Rep. Cindy Axne, along with fellow NDC Rural Reinvestment Task Force Co-Chair Rep. Cheri Bustos, in writing to Secretary of Commerce Gina Raimondo to urge the Department of Commerce to ensure rural America is a...
