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USDA cattle numbers show ongoing herd decline

USDA cattle numbers show ongoing herd decline

The USDA released its latest Cattle Inventory Report last Friday, just ahead of this week’s National Cattlemen’s Beef Association convention in Nashville. While the overall change in cattle numbers was modest, the data continues to reinforce a long running trend of tightening supplies across the U.S. beef industry. As of January 1, 2026, the total U.S. cattle and calf inventory stood at 86.2 million head, down slightly from a year ago. The report keeps the industry on a familiar trajectory, as...

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Strong opinions on proposed railroad merger

Strong opinions on proposed railroad merger

A proposed merger between the Union Pacific and Norfolk Southern Railroads is now before the Surface Transportation Board for possible approval. Mike Steenhoek, the executive director of the Soy Transportation Coalition, called this a “seismic development” for the...

South American Weather and Crop Update (1-16-26)

South American Weather and Crop Update (1-16-26)

Right now is the short timeframe in which the crops in both Brazil and Argentina are in the critical yield determining phase. As a result, the weather is a huge focal point for the global grain markets. Allendale commodity broker Greg McBride said the weather forecast...

Latest outlook on soybean oil

Latest outlook on soybean oil

While much of the focus in the USDA WASDE reports centers on row crops such as corn and soybeans, the reports also help provide a snapshot of the situation for various products such as soybean oil. The most recent WASDE report for January helps to detail the current...

Farmland values enter a new phase

Farmland values enter a new phase

The U.S. agricultural land market is shifting after years of steady growth. Although land values are still historically high, current signs indicate a more complex situation driven by local and regional factors rather than nationwide trends. “After years of steady...

Ernst says loan delays hurt Iowa growth

Ernst says loan delays hurt Iowa growth

Farmers and rural businesses across Iowa are facing growing challenges when it comes to accessing capital. Tight margins, lower commodity prices, and rising input costs are colliding with loan processes that many lenders say have become increasingly difficult to...

U.S. Export Sales Report (1-15-26)

U.S. Export Sales Report (1-15-26)

As we end off a busy week of government reports, the weekly export sales came in with plenty of activity. Allendale commodity broker Greg McBride gave a breakdown of the weekly report. China has nearly completed its obligation to purchase U.S. soybeans, so the markets...

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Top factors influencing meat demand in 2026

Top factors influencing meat demand in 2026

Despite consumers facing high prices for meat at the grocery store in 2025, demand for meat remained high throughout the year. Glynn Tonsor, an agricultural economics professor at Kansas State University, says 2026 could see spending concerns for consumers making an...