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South American Weather and Crop Update (5-13-26)
Despite weather concerns for the crops in Brazil, the USDA increased the crop projections for both Brazil and Argentina in the latest WASDE report. Allendale commodity broker Greg McBride said he was expecting to see a cut to the Brazil crop, which is still possible for the next WASDE report. McBride said the Brazilian forecast still contains plenty of dry weather. At the very least, the dry weather in South America is allowing for harvest progress to continue. The team at Allendale can be...
AFBF President offers solutions to Senate Ag Committee
As farmers and ranchers continue to grapple with a difficult farm economy, the Senate Agriculture Committee recently held a hearing to discuss solutions. American Farm Bureau Federation President Zippy Duvall was one of the experts to present testimony before the...
Cattle industry hopeful for expanding trade opportunities overseas
With the current administration in Washington D.C. attempting to rework more favorable trade with international partners, producers have had to show patience. In some cases, they have had to endure short term pain in hopes of long-term gain. Kent Bacus, the executive...
Specialty crop payment rates due in April
The USDA has already allocated over $6 billion in payments under the Farmer Bridge Assistance Programs. Payment rates for specialty crops under the program are due in early April. “I believe we’ll have those payment rates in place by early next month,” Deputy Ag...
Crop protection strategies key in tight margin year
With tighter margins facing agriculture this year, producers are being encouraged to take a close look at their risk management plans as the March 16 crop insurance deadline approaches. Reviewing coverage options and making sure protection aligns with a farm’s cost of...
Very few changes made in March WASDE report
As expected, the USDA made very minor changes to the numbers in the March WASDE report. The U.S. ending stocks were left alone, and the crop production estimates for Brazil and Argentina were slightly adjusted. Allendale commodity broker Greg McBride said it was a...
Grassley gives update on Farm Bill 2.0
The latest farm bill proposal, known as Farm Bill 2.0, recently passed through the House Ag Committee and now will move to the floor of the House for consideration. United States Senator Chuck Grassley (R-IA) was asked on Tuesday for his thoughts on the bill and what...
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Feenstra working to make Iowa the most ag and business-friendly state
Today is National Ag Day, and Iowa farmers are a huge part of the nation’s ag industry. Iowa Congressman Randy Feenstra announced the Farmers for Feenstra coalition, a group of over 100 Iowa farmers who are committed to joining his efforts to make Iowa the most...
Spring bird migration enhances HPAI threat
The spring migratory season brings with it the renewed threat of highly pathogenic avian influenza, or HPAI. Dudley Hoskins, Under Secretary of Agriculture for Marketing and Regulatory Programs, is reminding farmers and others to take all necessary precautions. The...
Examining ways to lower fertilizer and fuel costs
The United States war in Iran is contributing to higher input costs for farmers. Fertilizer and fuel costs are rising due to the slowdown of shipping and inability to transport goods safely through Middle East shipping lanes. This is adding to the costs of nitrogen...
Farmers get less than six cents of every dollar spent on food
Data from the U.S. Economic Research Service’s Food Dollar Series provides a clear picture of how consumer food spending is distributed across the U.S. food supply chain. The latest estimates show that crop producers capture about 2.5 cents of every food dollar, down...
Iowa Ag Week focuses on value and communication
Today marks National Ag Day, falling during Iowa Agriculture Week, a time dedicated to recognizing the farmers and agricultural professionals who help feed, fuel, and clothe the world. Iowa Secretary of Agriculture Mike Naig says the week is not only about...
