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South American Weather and Crop Update (1-16-26)

South American Weather and Crop Update (1-16-26)

Right now is the short timeframe in which the crops in both Brazil and Argentina are in the critical yield determining phase. As a result, the weather is a huge focal point for the global grain markets. Allendale commodity broker Greg McBride said the weather forecast in South America looks good currently. The latest projections from the USDA expect this to be a pretty good crop from South America. There may still be even more room for these projections to increase, as the recent rains have...

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Chaos in the cattle complex

Chaos in the cattle complex

After a sustained run of lofty prices, we have seen a substantial selloff in the cattle complex in recent weeks. Commodity broker Eric Relph of Commstock Investments says that we have seen multiple limit down moves in recent trading days. Relph says traders are now...

Ag group rolls into Washington with a message

Ag group rolls into Washington with a message

The Farmers for Free Trade motorcade made its way across the country, carrying the voices of producers worried about how ongoing trade tensions are squeezing their operations. Earlier this year, agricultural leaders cautioned the Trump administration that while they...

Food Bank of Iowa receives another crucial donation

Food Bank of Iowa receives another crucial donation

Today, the Church of Jesus Christ of Latter-day Saints brought in a second truckload of food to complete a 72,000-pound donation to the Food Bank of Iowa. This is the organization’s second donation to the Food Bank of Iowa, with the first being in February 2024. Food...

More details still needed on U.S. and China trade agreement

More details still needed on U.S. and China trade agreement

Details remain scarce on the framework agreement of a trade deal between the United States and China although some optimism has returned to the soybean complex in the ag marketplace. Chinese officials did confirm some of the details of the framework agreement...

No plan yet to open U.S. to Mexican cattle imports

No plan yet to open U.S. to Mexican cattle imports

Ag Secretary Brooke Rollins said the U.S. isn’t ready to open its border once again to cattle imports from Mexico. Despite that, Rollins said Mexico’s efforts to contain the flesh-eating New World Screwworm are progressing well. The border has been largely closed to...

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Record corn crop and supply and use forecasts

Record corn crop and supply and use forecasts

In the latest USDA forecast how is the record corn crop expected to be divided between supply and demand? World Agricultural Outlook Board Chair Mark Jekanowski breaks down some of the details. The season ending average price for corn was $4.00 per bushel, that’s a...

U.S. Export Sales Report (11-20-25)

U.S. Export Sales Report (11-20-25)

With the government slowly reopening, the weekly government reports- including the export sales- are covering the data that was missed during the shutdown. Allendale commodity broker Greg McBride said it will take a while for the government to catch up. This report...