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European weather supports wheat prices
The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support to the market. While wheat is not a major crop in Iowa, changes in wheat prices can still influence corn markets as traders often move money across multiple grain commodities. Oklahoma State University assistant professor of crop...
Heavier cattle weights bring bonuses and challenges at marketing time
As everyone knows by now, the total number of cattle in the U.S. herd is historically low. One of the ways that the low supply is being compensated for to meet the high demand for beef is by keeping cattle on feed longer and feeding them to heavier finishing weights....
Soybean growers applaud Supreme Court decision on glyphosate
The American Soybean Association is praising a U.S. Supreme Court ruling that federal pesticide labeling requirements take precedence over state failure-to-warn claims. The decision in Durnell v. Monsanto found that pesticide labels approved under federal law cannot...
Year-round E15 and farm aid included in Iran supplemental request
In a major breakthrough for U.S. agriculture, President Trump has included year-round E15 and billions of dollars in new farm aid in his Iran war supplemental request to Congress. The almost $88 billion war request was signed by Trump’s budget director Russel Vought...
USMCA review begins July 1 with an uncertain future
Mexico and Canada, two of the three USMCA nations, have said they want this collaboration to continue, unlike U.S. President Donald Trump. President Trump, speaking to reporters at the June G7 meeting in France, seemed unconvinced about continuing this collaboration....
Iowa response limits pseudorabies trade impacts
Iowa's response to a recent pseudorabies case demonstrated how established animal health protocols can protect both livestock and export markets. The virus was detected in a small commercial swine herd after pigs that had previously been housed in Texas were moved...
Above normal temperatures and near to below normal rainfall in the forecast
The latest 8-14 day forecast provides details on the upcoming weather for the beginning of pollination season. USDA meteorologist Brad Rippey says that the Midwest will experience some hot temperatures at the end of June and beginning of July. Rippey says the...
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Naig stresses value of USMCA framework
Trade agreements often receive the most attention when negotiations become contentious, but for Iowa agriculture, their greatest value is often found in the stability they provide. Canada and Mexico remain Iowa's two largest international trading partners, making the...
Boozman defends excluding Prop 12 from farm bill
Senate Ag Chair John Boozman shares reasons for his decision not to limit the out-of-state reach of California’s Prop 12 restriction on extreme animal confinement in his farm bill draft. Boozman says although Republicans are ready to vote to restrict California’s...
How El Niño will impact agriculture
The weather pattern shifting to El Niño this year has been a topic of conversation in weather forecasts for some time. Chad Merrill, senior meteorologist at AccuWeather, says the El Niño weather pattern arrived earlier this month. Merrill says the forecast for July is...
Grain markets brace for key USDA reports
Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn,...
U.S. Export Sales Report (6-29-26)
Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were...
