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USDA surprises markets yet again in October WASDE

USDA surprises markets yet again in October WASDE

Once again, the USDA went against expectations for the monthly World Agricultural Supply and Demand Estimates (WASDE) report. The major surprise in the October WASDE was the increase of the corn yield by 2.7 bushels per acre to 181.2 bpa, which raised production estimates. Allendale commodity broker Greg McBride said this data notably lacks information from states like Iowa, which started harvest late due to rain. McBride said this also raises ending stocks for corn, which was a bearish move...

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Iowa farmers experiencing skyrocketing land values

Iowa farmers experiencing skyrocketing land values

Farmland values hit all-time highs this year even as the rate of increase has slowed. Farmers and ranchers have experienced firsthand the ever-increasing value of farmland, and a new analysis lays out those numbers. Danny Munch, an economist with the American Farm...

Iowa AG industry watches changing tariff landscape

Iowa AG industry watches changing tariff landscape

Many facets of the U.S. economy have felt the effects of changing tariff policy over the past year. In Iowa, those impacts can reach especially far, with so many businesses and communities tied directly or indirectly to agriculture and an industry heavily dependent on...

Senate farm bill stalls over SNAP dispute

Senate farm bill stalls over SNAP dispute

The Senate Agriculture Committee failed to advance its Farm Bill Thursday after Democrats rejected the Republican proposal in a 10-11 vote, leaving the legislation without a clear path forward. Committee Chairman John Boozman recessed the markup after negotiations...

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