Top Stories
USDA surprises markets yet again in October WASDE
Once again, the USDA went against expectations for the monthly World Agricultural Supply and Demand Estimates (WASDE) report. The major surprise in the October WASDE was the increase of the corn yield by 2.7 bushels per acre to 181.2 bpa, which raised production estimates. Allendale commodity broker Greg McBride said this data notably lacks information from states like Iowa, which started harvest late due to rain. McBride said this also raises ending stocks for corn, which was a bearish move...
Examining record corn exports
Will the 2026-27 commodity marketing year produce another record for U.S. corn exports? The 2025-2026 marketing year was a record year for U.S. corn exports and USDA Chief Economist Justin Benevidez was asked recently if the 26-27 marketing year can follow that trend....
U.S.-China summit leaves key agricultural trade issues unresolved
U.S. farmers are awaiting more details on agricultural trade after President Donald Trump and Chinese President Xi Jinping concluded talks Thursday without announcing a broader trade agreement. Reuters reports the countries extended their existing trade truce by two...
Diesel prices remain high as harvest gets underway
Diesel prices continue climbing, leaving farmers wondering how long this will continue. Crude oil prices have shown signs of easing, but diesel prices are not following suit, putting even more pressure on the farm economy. Faith Parum, an economist for the American...
Iowa grown food reaches more school cafeterias
The Choose Iowa Local Food for Schools program is expanding its efforts to connect Iowa schools with locally produced food after a successful pilot program last year. Iowa Secretary of Agriculture Mike Naig said the program was piloted last year before being made...
U.S. Export Sales Report (9-24-26)
A disappointing U.S. export sales report added to the negative tone in the markets as the ag industry waits to hear about the U.S.-China trade meeting. Allendale commodity broker Greg McBride said the corn exports continue to be behind pace for the new marketing year....
National Pork Board encourages farmers to take care during harvest
Woven into the We Care® Ethical Principles, One Health connects human health, animal health, and the health of the environment. Discussion topics during this week’s National Farm Safety and Health Week fit right into this, including mental well-being as a priority....
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More Ag News
AFBF study shows ineffectiveness of U.S. beef import plan
Roughly one month after the Trump administration announced its plan to import beef in an effort to combat high prices at the grocery store, data is showing that prices have not been significantly lowered. New analysis shows that the plan to lower tariffs on imported...
South American Weather and Crop Update (9-29-26)
As the Americas prepare to face what is being called a “super El Niño,” farmers in Brazil and Argentina are moving along with planting season for the next crop. While there is a significant chance for excessive, damaging rains, Allendale commodity broker Greg McBride...
Beef prices and herd retention decisions
With turbulent cattle markets due to beef imports and the southern border with Mexico reopening for cattle imports cattle producers have a lot to think about when making decisions for the future of the herd. Will cattle ranchers and farmers make plans for starting the...
Fordyce explains unusual ARC and PLC signup
Persistent rain has kept combines parked across much of Iowa, leaving farmers waiting for fields to dry out and harvest to get moving. While they wait, there is another decision to make involving the 2026 crop. USDA has opened enrollment for the Agriculture Risk...
Secretary Naig welcomes applications for urban water quality project grants
Iowa Secretary of Agriculture Mike Naig today announced that the Iowa Department of Agriculture and Land Stewardship (IDALS) is accepting pre-applications for cost-share grants to support urban conservation and water quality projects. The locally led projects,...
