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El Nino could impact potential crop yields in Brazil
The long-term demand picture for U.S. grain is raising some concerns, as we won’t have many guarantees once China finishes its purchases of U.S. soybeans. If Brazil ends up having the bumper crop that many analysts are expecting, that could make demand for U.S. grain even weaker. However, Allendale commodity broker Greg McBride said it’s possible that El Nino could cause some damage to the corn crop. The Brazilian soybean crop is also projected to set a new record, but McBride said El Nino...
Markets anticipate yield numbers in October WASDE report
Following last week’s Quarterly Grain Stocks Report, attention now turns to the October WASDE report which will be published by USDA at 11 a.m. central time on Friday. Greg McBride is a commodity broker with Allendale, and he says that we could see back and forth...
USMEF-Mexico celebrates 35 years of market development
As the U.S. Meat Export Federation (USMEF) celebrates its 50th anniversary, the organization’s Mexico office is also celebrating 35 years of promoting U.S. beef, pork, and lamb. Gerardo Rodriguez, USMEF’s regional director for Mexico, Central America, and the...
Nearly 130 Choose Iowa members ready to welcome visitors for statewide Fall Crawl
Nearly 130 Choose Iowa members across the state are preparing to welcome visitors on Friday and Saturday, Oct. 9-10, for the second annual Choose Iowa Fall Crawl. The two-day, self-guided event invites Iowans to hit the road, enjoy the fall colors, discover new...
BASF prepares new weapon against soybean cyst nematode
Soybean cyst nematode has been a familiar challenge for Iowa soybean growers for decades, but the pest continues to adapt to some of the tools farmers have relied on to manage it. BASF is preparing to launch Nemisphere in 2028, a new soybean trait designed to provide...
Using precision ag technology to manage farm operations
Precision ag technology can make the challenge of navigating the ever-changing ag industry a bit easier on farmers. Nate Greuel, precision product marketing manager at CNH Industrial, said FieldOps can help farmers process all of the data they get from their farms....
Canada-U.S. trade talks are in limbo
As the Canada-U.S. tariff war continues for targeted industry sectors, trade negotiators on both sides of the border have decided to play the waiting game for now. U.S. Trade Representative Jamieson Greer stated late last week that there is no hurry to get back to the...
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Secretary Naig invites community meat lockers to apply for Choose Iowa butchery equipment grants
Iowa Secretary of Agriculture Mike Naig today invited small-scale meat processors and custom lockers to apply for a Choose Iowa Butchery Innovation Equipment Only Grant. Eligible businesses may receive up to $20,000 of state funding to purchase cold storage, meat...
Global fertilizer disruptions raise concerns for Iowa farmers
As Iowa farmers prepare for fall fertilizer applications, questions about supplies and prices are becoming increasingly important. Continued conflict in the Middle East is disrupting global fertilizer markets, while trade uncertainty between the United States and...
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...
Ethanol exports on track to hit another record
Ethanol exports are on track to set another record according to USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg. Lindberg says that new and expanded overseas markets are increasing foreign demand and driving a likely third record year of...
NCBA says MCOOL wouldn’t drive beef demand
The Senate Agriculture Committee's version of the Farm Bill includes mandatory country of origin labeling. This comes after a significant push for consumer transparency. However, National Cattlemen's Beef Association Senior Vice President of Government Affairs Ethan...
