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Pro Farmer Crop Tour sparks new questions over corn yield

Pro Farmer Crop Tour sparks new questions over corn yield

The final Pro Farmer Crop Tour numbers surprised many traders, particularly on the corn side. However, commodity analyst Mike Zuzolo says his own survey of farmers painted a different picture- one that was actually closer to USDA's August estimates. Zuzolo says the bigger story is why the market reacted so aggressively to the lower corn yield estimate. The tour's findings reinforced concerns about already-tight global corn supplies. Zuzolo believes that could continue to support prices in the...

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Iowa farmers need to keep scouting crops amid disease pressure

Iowa farmers need to keep scouting crops amid disease pressure

While it’s not as bad as last year, Southern Rust is spreading across Iowa, and it can take over fields quickly. On top of that, this is also the point in the crop season where tar spot tends to impact corn fields as well. This makes effective crop scouting more...

Senator Grassley discusses farm bill fallout

Senator Grassley discusses farm bill fallout

United States Senator Chuck Grassley (R-IA) is back in Iowa after the Senate Agriculture Committee failed to advance its farm bill last Thursday and the Senate is in its August recess. Senator Grassley says he will be engaging with Iowa’s farmers to talk to them about...

Don’t wait for crisis to plan farm succession

Don’t wait for crisis to plan farm succession

Passing a farm from one generation to the next involves more than transferring land, equipment or livestock. For many farm families, succession means determining the future of a business, a livelihood and a legacy that may have taken generations to build. That...

Iowa farmers closely watching August WASDE and crop reports

Iowa farmers closely watching August WASDE and crop reports

The August WASDE and crop reports will be published by USDA on Wednesday August 12th and will feature the latest USDA yield estimates and updated acreage numbers. The reports will be published at 11:00 AM central time on Wednesday. Eric Relph of Commstock Investments...

China steps up U.S. soybean purchases ahead of Trump-Xi meeting

China steps up U.S. soybean purchases ahead of Trump-Xi meeting

China has increased purchases of U.S. soybeans following a May summit between President Donald Trump and Chinese President Xi Jinping, providing a boost for American soybean exporters. The U.S. Department of Agriculture reported China purchased 238,000 metric tons of...

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Major reports can cause sudden market shifts

Major reports can cause sudden market shifts

As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...