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U.S. Export Sales Report (7-16-26)
While there was no major reaction in the grain markets, this week’s export sales were good, especially for this time of year. Allendale commodity broker Greg McBride said the corn sales were decent. McBride said the soybean sales were better than expected for this week. There have been no flash sales since Monday, which is where we usually see China’s soybean purchases. However, McBride said China is still making good progress on the trade agreement overall. The team at Allendale can be...
Feenstra says year-round E15 has strong bipartisan support
On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy...
U.S. Export Sales Report (5-14-26)
This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...
Latest Cattle on Feed Report hints at minor herd rebuild
April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...
Year-round E15 passes House by the skin of its teeth
After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...
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...
Farm Bureau leader sounds alarm on fertilizer prices
As planting season is in full swing across the country, fertilizer prices are burdening farmers and ranchers. Kentucky Farm Bureau president Eddie Melton spoke to the Senate ag committee Tuesday and expressed his concerns. Melton said there are actions Congress can...
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More Ag News
South American Weather and Crop Update (5-27-26)
The weather is drying out quite a bit in South America. Allendale commodity broker Greg McBride said some areas are being viewed as deficient in rainfall. McBride said the first crop corn harvest in Brazil is nearly complete. McBride said corn and soybean harvest in...
Rain has been appreciated, but dry weather will return
The weather forecast for the Midwest could be a bit of a mixed bag in the near future. DTN Meteorologist John Baranick said the recent rainy weather will give way to drier conditions across a significant part of the Midwest. Baranick said the South has seen plenty of...
More details of latest U.S.-China ag trade commitment
During President Trump’s visit to China earlier this month, China agreed to purchase $17 billion worth of U.S. ag goods. USDA Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg provides some of the details behind the recent agreement by China to...
Farmers for Soil Health reopens enrollment for cover crop adoption
Farmers for Soil Health, the farmer-led initiative launched in 2022 to double cover crop acres on U.S. farmland by 2030, has reopened enrollment for 2026 with increased per-acre payments and a simplified one-year contract designed to remove barriers for growers....
Naig says E15 backers finally proved their case
Iowa Agriculture Secretary Mike Naig says the recent House vote approving nationwide year-round E15 sales confirmed what biofuels supporters have argued for years: once lawmakers finally allowed the issue to reach the floor, it had enough bipartisan backing to pass....
