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July was strong for pork exports, weak for beef

July was strong for pork exports, weak for beef

July exports of U.S. pork were slightly below last year but accounted for a larger share of production, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Market access obstacles continued to weigh heavily on exports of U.S. beef, with the vast majority of plants still ineligible to ship to China. USMEF President and CEO Dan Halstrom said pork exports totaled 238,922 metric tons (mt), down just 1% from a year ago, while value fell 4% to $680.9 million,...

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South American Weather and Crop Update (7-30-25)

South American Weather and Crop Update (7-30-25)

The weather in South America has still not changed much, with farmers in Brazil and Argentina seeing mostly clear and dry conditions. Allendale commodity broker Greg McBride said there are scattered rain showers, but otherwise the weather remains status quo. The dry...

Basis matters now, say Midwest ag economists

Basis matters now, say Midwest ag economists

Tight corn supplies might normally trigger a rally in the market, but so far, that hasn’t been the case. Despite strong demand and dwindling stocks, futures prices have stayed relatively steady. That’s because—while the numbers show a squeeze—markets may be confident...

Argentina makes permanent tax cuts to ag exports

Argentina makes permanent tax cuts to ag exports

Recently, Argentina President Javier Milei announced permanent export tax cuts for a wide variety of agricultural commodities. The biggest impact globally will be seen in the soybean marketplace, as Argentina is the world’s largest exporter of soybean meal. Allendale...

Bullish news hard to find in current ag marketplace

Bullish news hard to find in current ag marketplace

A current snapshot of the ag marketplace shows front month corn below $4 and soybeans below the $10 mark. Unfortunately, there isn’t a lot of bullish news for the markets to react to right now to generate positive price movement. John Heinberg is a Market Advisor with...

Trade agreements will benefit Iowa grain and livestock producers

Trade agreements will benefit Iowa grain and livestock producers

A flurry of recent trade agreements and frameworks have been announced by the Trump administration ahead of the looming August 1 reciprocal tariff implementation deadline. Faith Parum, an economist with the American Farm Bureau Federation, said several of the deals...

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Iowa farmers face tough old crop decisions

Iowa farmers face tough old crop decisions

As summer winds down, many farmers are working to finish moving the last of their 2024 old crop grain out of storage. But with market pressure mounting and prices slipping, it’s becoming more difficult to find strong opportunities. The clock is ticking, and making the...

H-2A program still needs updating, AFBF says

H-2A program still needs updating, AFBF says

Farmers and ranchers need a more efficient program for supplying labor. Difficulty finding adequate labor is a common challenge for farmers across the U.S. Phillip Hunter, chair of the American Farm Bureau Federation (AFBF) Ag Labor Issue Advisory Committee, said...