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South American crops produced a quality growing season
Brazil’s second corn crop of the year is being harvested now. Dr. Michael Cordonnier of Soybean & Corn Advisor, Inc. says some areas of the country are experiencing more moisture than normal but widespread damage to corn crops has not been reported. Cordonnier says including the Argentinian crop, South America has produced high yields once again this season. Argentina’s early-season dryness raised concerns, but moisture conditions improved enough to support strong yields across many...
Previewing the November WASDE report
The USDA will publish the November WASDE report at 11:00am central time on Friday. The report will provide updated yield estimates and any changes to supply and demand forecasts both domestically and internationally. Jim McCormick, co-founder of AgMarket.net, says...
Farmer sentiment bounces back
October provided a surprising pre-election bounce in farmer sentiment as the Purdue University-CME Group Ag Economy Barometer climbed to 115, 27 points above the September index. The biggest driver of the sentiment improvement was an increase in producers’ confidence...
FARM Act could help in lieu of new Farm Bill
Farm economics are in trouble right now. Profit margins are tight, and there is no relief in sight. Part of that problem centers around the fact that we still don’t have a new Farm Bill for a second year. Policies built on ten-year-old data still govern a farm economy...
South American Weather and Crop Update (11-5-24)
With the amount of rain that has fallen in South America, any crop concerns that were held earlier in the season have virtually disappeared. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said Brazil...
USMEF Strategic Planning Conference will focus on trade relationships
Members of the U.S. Meat Export Federation (USMEF) will gather in Tucson, Arizona, this week for the federation’s annual Strategic Planning Conference. USMEF Chair Randy Spronk will mark the end of his term of leadership of the organization. Spronk said that, over the...
How will farm bill deliberations play out in 2025?
United States Senator Chuck Grassley (R-IA) is sticking with his prediction of another one-year extension of the 2018 farm bill as Congress runs short on time in 2024. Grassley says that a new five-year farm bill being completed after the elections and during a lame...
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ICGA President Swanson checks in after NCGA Delegate Meeting
The National Corn Growers Association (NCGA) convened in Denver, CO, for its annual delegate meeting during Commodity Classic, bringing together representatives from state organizations nationwide. This crucial gathering serves as a platform for delegates to debate...
Trump tariffs impacting top U.S. red meat export destinations
With the one-month delay on President Trump’s tariffs ending, the trade war has been reignited, and Canada and China already announced their retaliatory tariffs. Mexican President Claudia Sheinbaum said they will announce their retaliation this Sunday. Ag commodity...
The Great Eastern Iowa Tractorcade to thrive in 2025
Hear it here first - a big announcement! The Great Eastern Iowa Tractorcade not only will recover, but will thrive in 2025. Iowa Agribusiness Radio Network affiliate Program Director Doctor Jeff Stein from KXEL says that's due to new media partners who want to...
Egg layer population is way down, egg prices are way up
Eggs are a helpful barometer of food inflation and with current high egg prices, eggs were a major talking point at the annual USDA Ag Outlook Forum. Consumers and politicians are paying close attention to the situation with bird flu outbreaks consistently causing...
NFU applauds EPA decision on E15
National Farmers Union President Rob Larew reacted after Environmental Protection Agency Administrator Lee Zeldin decided to uphold the April 28, 2025, implementation date for year-round ethanol sales in the Midwest. “Administrator Zeldin’s announcement is a welcome...
