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July WASDE report indicates tight grain supplies
The July WASDE report was projected to be a friendly one, and it turned out to be even more friendly than expected. A significant cut to corn supplies and tightened supplies for soybeans and wheat indicate that there isn’t much leeway for weather issues in the back half of the growing season. Allendale commodity broker Greg McBride said the overall reduction to the old crop corn stocks was larger than expected. McBride said there was virtually no change to the corn production numbers. The...
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...
Premium opportunities for row crop markets
Unlike commodity crops, farmers growing premium crops can demand higher prices, with some of them being hard to grow, while others are not. Kelsey Graber, the product line manager for specialty corn at Clarkson Grain in Illinois, highlights the fact that despite...
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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...
