Top Stories
U.S. Export Sales Report (6-29-26)
Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were good this week this well, but that pattern needs to continue. McBride said there were also some flash sales, which was nice to see since any flash sales are good sales at this time of year. The team at Allendale can be reached by...
Ernst talks fertilizer costs, trade, and supply chains
Fertilizer supplies and pricing continue to be a major concern for farmers as global tensions and trade uncertainty influence the ag economy heading towards the second half of the growing season. While many producers were able to secure products ahead of spring...
Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that,...
National Farmers Union endorses “Fertilizer Transparency Act”
American farmers are feeling the pressure of high fertilizer costs, and the National Farmers Union is bringing that message to Capitol Hill. Layla Soberanis, NFU senior government relations representative, said the organization has endorsed a newly introduced bill...
Grassley discusses E15 vote in the House
The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...
DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are...
Western drought intensifies despite Midwest rainfall
Recent rainfall across Iowa and much of the eastern Midwest has helped improve soil moisture conditions heading into the growing season, but USDA Chief Meteorologist Brad Rippey says many areas farther west continue battling intensifying drought conditions. Speaking...
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More Ag News
Trade announcements with China are a positive step forward
U.S. President Donald Trump and Chinese President Xi Jinping met recently to discuss trade and other topics. This may be a sign that trade tensions are slowly thawing between the United States and China. Faith Parum, an economist for the American Farm Bureau...
U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said...
Importance of grower surveys in June Acreage Report
In the next few weeks producers will fill out USDA surveys that will provide the data for the June Acreage Report. Lance Honig of the National Agricultural Statistics Service says the surveys will provide a very important snapshot of the acreage for the year. Honig...
Naig: Recent weather helped Iowa farmers catch up
After a slow and uneven start to planting season this spring, Iowa farmers have made up significant ground over the past few weeks. Iowa Agriculture Secretary Mike Naig says favorable planting windows recently allowed farmers to move quickly and bring statewide...
Smithfield Foods awards 12 Impact Grants nationwide
Smithfield Foods has awarded more than $280,000 in Impact Grant funding to 12 nonprofit organizations working to strengthen communities where Smithfield employees live and work. These grants build on the more than $24 million Smithfield invested in 2025 to strengthen...
