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Neutral June WASDE report had little impact on grain prices

Neutral June WASDE report had little impact on grain prices

A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly quiet. Allendale commodity broker Greg McBride said the changes made to the corn numbers were relatively small. McBride said the soybean numbers had offsetting changes as well. McBride said the most impactful changes in this month’s...

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Feenstra says year-round E15 has strong bipartisan support

Feenstra says year-round E15 has strong bipartisan support

On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy...

U.S. Export Sales Report (5-14-26)

U.S. Export Sales Report (5-14-26)

This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...

Latest Cattle on Feed Report hints at minor herd rebuild

Latest Cattle on Feed Report hints at minor herd rebuild

April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...

Year-round E15 passes House by the skin of its teeth

Year-round E15 passes House by the skin of its teeth

After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...

South American Weather and Crop Update (5-13-26)

South American Weather and Crop Update (5-13-26)

Despite weather concerns for the crops in Brazil, the USDA increased the crop projections for both Brazil and Argentina in the latest WASDE report. Allendale commodity broker Greg McBride said he was expecting to see a cut to the Brazil crop, which is still possible...

Farm Bureau leader sounds alarm on fertilizer prices

Farm Bureau leader sounds alarm on fertilizer prices

As planting season is in full swing across the country, fertilizer prices are burdening farmers and ranchers. Kentucky Farm Bureau president Eddie Melton spoke to the Senate ag committee Tuesday and expressed his concerns. Melton said there are actions Congress can...

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