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Markets reacted negatively to today’s slew of USDA reports

Markets reacted negatively to today’s slew of USDA reports

Several USDA reports were released today, including the January WASDE report and the Quarterly Grain Stocks. Unfortunately, most of these reports were negative for the ag marketplace. Allendale commodity broker Greg McBride said the markets really did not like seeing a 1.2 million acre increase to the harvested corn acres. The USDA also has not addressed the aggressive export numbers they put out for the soybeans last year, which caused another negative reaction today. Fortunately, McBride...

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Iowa Farm Bureau members gather for 107th annual meeting

Iowa Farm Bureau members gather for 107th annual meeting

Iowa Farm Bureau members gathered in Des Moines to connect, learn, and celebrate Iowa agriculture. It’s been an eventful year for the Iowa ag industry, which made for plenty of insightful discussions. Iowa Farm Bureau President Brent Johnson said profitability was one...

Trump discusses year-round E15, addresses farm input costs

Trump discusses year-round E15, addresses farm input costs

President Trump this week discussed the importance of year-round E15 for America’s farmers and the potential for more domestic production of fertilizer. During the President’s farm aid announcement at the White House, the topic of year-round E15 was brought up....

How will food prices affect holiday meals in 2025?

How will food prices affect holiday meals in 2025?

The holidays bring large increases in food spending for both food at home and food away from home. Consumers’ decisions during this season can have important implications for farmers and ranchers. Farmdoc, at the University of Illinois, said persistent inflation has...

Farmers see stronger results from Deere autonomous tillage

Farmers see stronger results from Deere autonomous tillage

Autonomous technology has been one of the most talked about advancements in production agriculture over the past few years, but 2025 was the first season when many farmers were able to see it working at scale. Labor was tight, weather windows were narrow, and every...

AFBF advocates for continued China trade discussions

AFBF advocates for continued China trade discussions

The trade relationship between the U.S. and China remains critically important for American agriculture. Dave Salmonsen, senior director of government affairs for the American Farm Bureau Federation, said there has been some progress between the two nations recently....

Markets reacted negatively to today’s slew of USDA reports

December WASDE didn’t bring much for the grain markets

As expected, the December WASDE report did not bring much news for the corn and soybean markets to react to. The most significant change came to the corn carryout numbers, which caused the prices to move up slightly. Allendale commodity broker Greg McBride gave a...

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Impacts of Argentina’s export tax cut

Impacts of Argentina’s export tax cut

It was recently announced that Argentina cut its export tax by 2%, which creates even more of a price gap with U.S. soybean prices. However, the global demand situation is too complex to trade just on prices alone. Allendale commodity broker Greg McBride said the...