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U.S. Export Sales Report (9-24-26)
A disappointing U.S. export sales report added to the negative tone in the markets as the ag industry waits to hear about the U.S.-China trade meeting. Allendale commodity broker Greg McBride said the corn exports continue to be behind pace for the new marketing year. McBride said the soybean numbers were even more disappointing, but that just makes for one disappointing week in what has been a phenomenal start to the new marketing year. McBride said the corn sales have been disappointing...
USDA moves forward with mandatory relocation despite pushback
The USDA Rural Development Mission Area intends to move nearly 3,000 members of its workforce out of the Washington, DC area, according to a report from Meatingplace. The relocation aims to modernize operations, increase accountability, and ensure federal resources...
Heavy rain hits crops in central Iowa again
Earlier this week, torrential rains hit central Iowa once again via a windbag storm. On top of the rain, heavy wind and hail damaged crops in some parts of the state. Dan Bjorklund, technical agronomist at Landus Cooperative, said that, while central and eastern Iowa...
Record voter support for E15 captures Senate’s attention
A new voter poll shows record support for all year around higher-ethanol fuel blend. Geoff Cooper, President and CEO of the Renewable Fuels Association, wants to use the data to advance year-round E15 legislation through the Senate. He explains that voter support for...
Nutrien offers producers added financial flexibility
Farmers continue to face financial pressure as depressed commodity prices and elevated input costs squeeze profit margins across the countryside. As producers look for ways to preserve working capital while still investing in their crops, financing has become another...
Southern Rust has been detected again in Iowa
Last year, Southern Rust made a late appearance in corn fields across Iowa and wreaked havoc on yields. Yesterday, Southern Rust was officially confirmed in a few Iowa counties, which is particularly alarming considering the similar timing to last year's problems....
Russia-Ukraine war driving price movement in grain markets
The wheat complex has featured significant price movement to the upside in recent days, and world events are driving most of the gains in the marketplace. That’s according to Jim McCormick, co-founder of AgMarket.net, who says that recent developments in the...
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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...
