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China continues buying U.S. soybeans ahead of Xi visit
China's recent buying spree continued Thursday when USDA announced another 272,000 metric tons of U.S. soybean sales to China for the 2026-27 marketing year. USDA also reported 206,500 tons sold to unidentified destinations. Those sales follow China's purchase of approximately 1 million metric tons of American soybeans this week, according to traders interviewed by Reuters. The buying comes ahead of Chinese President Xi Jinping's expected visit to Washington later this month and as Brazilian...
Iowa farmers urged to act before options disappear
As many farm operations continue working through a challenging economic environment, experts say recognizing financial problems early can make a significant difference. While many producers wait until lenders raise concerns, addressing financial issues sooner can...
Rainfall supports higher yield estimates for Iowa crops
Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...
U.S. bison gains duty-free access to European Union
Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...
Weather forecast keeping pressure on corn and soybean marketplace
While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
Tight margins make financial analysis critical
As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...
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More Ag News
Largest-ever combined corn and soy planted acreage
U.S. farmers planted a record amount of corn and soybeans in the 2026/27 season, USDA reported this week. Combined planted acreage of the two crops reached 183.5 million acres, more than 3 million acres higher than the previous combined crop record. The record was...
Major reports can cause sudden market shifts
As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...
U.S.-Canada trade negotiations are vital to agriculture success
U.S. farmers and ranchers are paying close attention to the negotiations on the U.S.-Mexico-Canada Trade Agreement. Virginia Houston, the senior director of congressional affairs for the American Farm Bureau Federation, highlights the vital roles Mexico and Canada...
Active August weather could boost Iowa crops
Strong thunderstorms rolled through Iowa on the opening morning of the Iowa State Fair, putting the weather front and center. While the storms may not have been what fairgoers wanted to see, the broader weather pattern could be arriving at a good time for Iowa crops....
August WASDE report drove U.S. grain prices higher
Overnight news of attacks on two Russian shipping ports had the markets higher to start the day, and the August WASDE report brought a few surprises that allowed to grain markets to hold on to those gains and go even further. Allendale commodity broker Greg McBride...
