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U.S. Export Sales Report (12-4-25)
We’re finally seeing the export numbers for the end of October. This timeframe is when President Trump and President Xi agreed on the trade framework for U.S. soybeans. Allendale commodity broker Greg McBride said the report confirms that China did make purchases at that time. McBride said there has been continued strength in the corn sales as well. Going back to the trade framework, McBride said China’s purchases of U.S. soybeans have halted recently. In some disappointing news for soybean...
Record corn crop and supply and use forecasts
In the latest USDA forecast how is the record corn crop expected to be divided between supply and demand? World Agricultural Outlook Board Chair Mark Jekanowski breaks down some of the details. The season ending average price for corn was $4.00 per bushel, that’s a...
U.S. Export Sales Report (11-20-25)
With the government slowly reopening, the weekly government reports- including the export sales- are covering the data that was missed during the shutdown. Allendale commodity broker Greg McBride said it will take a while for the government to catch up. This report...
Secretary Naig congratulates winners of the Iowa Restaurant Association’s culinary competition
Iowa Secretary of Agriculture Mike Naig today congratulated the winners of the Iowa Restaurant Association’s (IRA) Culinary Competition. The annual event highlights the creativity, skill and imagination of Iowa’s top chefs while celebrating the depth and diversity of...
Lenders want clear plans as farmers seek 2026 credit
Farmers are already looking ahead to the next growing season, and that means it is time to start preparing for an operating line of credit for 2026. Lenders want to see more than a basic snapshot of your plans. They want a clear picture of how you intend to manage the...
A growing season of variability in Iowa
Each growing season is different and the growing season in Iowa this year has been defined by a wide range of outcomes. Yields across the state have varied based on several conditions but primarily rainfall timing and disease pressure. The growing season got off to...
Used cooking oil still negatively affecting soybean oil prices
The Trump administration continues to delay the release of the final rules for the 45z tax credit, which is allowing used cooking oil to remain as a thorn in the side of the soybean oil industry. Kenan Layden, hedging strategist with AgMarket.Net, said the delay is...
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Food Bank of Iowa receives fourth annual Meat the Need donation
This morning, Fareway Stores and the Iowa Farm Bureau delivered 25,000 pounds of protein to the Food Bank of Iowa for the fourth consecutive year of the Meat the Need initiative. The donation will provide 100,000 servings of high-quality protein to Iowans who are food...
Applications open for 2025 America First Trade Promotion Program
USDA announced it is now accepting applications for the 2025 America First Trade Promotion Program (AFTPP). U.S. Meat Export Federation President and CEO Dan Halstrom said the program, first announced by USDA Secretary Brooke Rollins in late September, was authorized...
Nationwide E15 legislation could be on the table in near future
As we approach the tail end of the year, little opposition remains to year-round E15 sales. The biggest issue holding back legislation at the federal level is an opportunity to move an E15 bill through Congress says the Renewable Fuels Association President and CEO...
USDA to provide $7 million for advanced biofuel production
USDA announced Friday that it is making $7 million available nationwide to advanced biofuel producers through the Advanced Biofuel Producer Payment Program, Secretary Brooke L. Rollins said. The funding, authorized under the One Big Beautiful Bill, will support...
Producers urged to rethink screwworm wound risks
Producers have received plenty of updates from USDA about New World Screwworm, most of which focus on border surveillance, wildlife movement, and federal protocols. But the greatest threat to livestock may not be at the border at all. It may be on the farm, where...
