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South American Weather and Crop Update (4-7-26)

South American Weather and Crop Update (4-7-26)

There’s plenty of rain in the forecasts for Brazil and Argentina. Even though that rain can get in the way of planting and harvest progress, the crops that are pollinating will enjoy the moisture. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said crop progress looks good for the most part in Brazil. Corn harvest progress in Argentina is significantly ahead, and soybean harvest will start soon as well. Looking ahead to the...

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Full-scale beef herd rebuild remains on hold

Full-scale beef herd rebuild remains on hold

Typically, when beef prices are at a high level in the grocery store and herd numbers are low, the response is a rebuilding of supply. Nate Kauffman, the senior vice president and Omaha branch executive for the Kansas City Fed, says the numbers show there should be...

Secretary Naig calls on Congress for year-round E15 access

Secretary Naig calls on Congress for year-round E15 access

Today, Iowa Secretary of Agriculture Mike Naig urged the U.S. House of Representatives’ Rural Domestic Energy Council to find agreement to make year-round E15 available to drivers around the country. Secretary Naig, a longtime biofuels advocate, reinforced the...

Iowa farmers face demand gap as production grows

Iowa farmers face demand gap as production grows

Iowa farmers continue to push productivity higher, but new demand has not kept pace with that growth. Iowa Renewable Fuels Association Executive Director Monte Shaw told members that agriculture is once again facing a familiar challenge: more grain than existing...

South American Weather and Crop Update (4-7-26)

Markets continue to look at South America as harvest continues

There were some recent concerns about dry weather in South America, but the current forecast is now showing ideal conditions for their crops. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said soybean...

Senate Finance Committee looks closely at USMCA trade deal

Senate Finance Committee looks closely at USMCA trade deal

With the review process of the U.S.-Mexico-Canada Agreement set to begin later this year, the Senate Finance Committee took a closer look at the deal this week. Dave Salmonsen, senior director of government affairs for the American Farm Bureau Federation, said the...

Strong U.S. corn exports continue

Strong U.S. corn exports continue

Another month-over-month increase is forecasted for our nation's corn exports, according to USDA's latest outlook. World Agricultural Outlook Board Chair Mark Jekanowski discusses the export numbers for the nation’s record corn crop. Jekanowski says one impact from...

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