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Recapping a disappointing week in the grain market trade

Recapping a disappointing week in the grain market trade

It has been a difficult week of trade in the grains and oilseeds markets to say the least. Corn and soybeans grinded lower to begin the week and then saw significant losses on Thursday and Friday. Matt Bennett is the CEO and co-founder of AgMarket.Net and he tells the Iowa Agribusiness Radio Network that Thursday’s big price movement to the downside left producers feeling pessimistic to close the week. He details some of the losses for the corn contracts. One of the biggest drivers of the...

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DOJ confirms probe into beef processors

DOJ confirms probe into beef processors

The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...

Ernst builds on USDA food safety center announcement

Ernst builds on USDA food safety center announcement

Following up on last week’s announcement from the U.S. Department of Agriculture about establishing a National Food Safety Center in Iowa, more details are emerging about what that move means for the state and the broader ag industry. The USDA’s Food Safety and...

Inspiring consumers to add more pork to their diets

Inspiring consumers to add more pork to their diets

The National Pork Board’s Retail Advisory Committee (RAC) meeting serves as a direct, industry-focused platform to connect retail leaders with key insights into the organization’s consumer campaigns and third-party consumer research. Neal Hull, NPB’s director of state...

U.S. beef has great new opportunities in the UK marketplace

U.S. beef has great new opportunities in the UK marketplace

U.S. beef recently regained duty-free access to the United Kingdom under a 13,000 metric ton quota included in the trade framework reached by the Trump administration last year. The quota provides the first zero-duty access to the UK since its exit from the European...

Examining the factors currently influencing the grain markets

Examining the factors currently influencing the grain markets

Geopolitics, trade, and weather are all making an impact on the grain markets in recent weeks and that trend looks to continue as the calendar turns to May. Commodity broker Greg McBride of Allendale says that the upcoming meeting between President Trump and Xi...

New tariff push raises farm trade concerns

New tariff push raises farm trade concerns

New efforts by the Trump administration to impose fresh import tariffs are drawing concern across U.S. agriculture, where producers fear another round of retaliatory trade measures could weaken export demand for key commodities. The administration is pursuing...

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U.S. red meat exports were strong in March

U.S. red meat exports were strong in March

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...