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Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The season ending average price for beans was adjusted 10 cents higher than March with the price now at $10.30 per bushel. Jekanowski also provides updates to world soybean production supply and use. Jekanowski details some of the...
House Ag Chair wants farm bill 2.0 in February
GT Thompson, the chair of the House Agriculture Committee, has tentatively set a farm bill markup for the week of February 23. Politico said that’s according to three sources familiar with Thompson’s plans. While the formal text of his farm bill has yet to be...
Cash flow pressures reshape equipment decisions on Iowa farms
Tight margins continue to shape decision-making on farms across Iowa. While disease pressure still plays a role, commodity prices and cash flow have become the dominant concerns for many producers, especially when it comes to equipment purchases. Those pressures are...
U.S. Export Sales Report (1-29-26)
This week’s export sales report brings us to an interesting situation- now that the numbers are aligned with the USDA’s export goals, there isn’t much news to react to. Allendale commodity broker Greg McBride said this was another great week for corn sales. McBride...
Young farmers and ranchers have a unique leadership opportunity
Young farmers and ranchers should mark their calendars for March 13–16 for the upcoming Young Farmer and Rancher Leadership Conference. Bev Flatt, a Tennessee farmer and member of the American Farm Bureau’s YF&R Committee, said attendees will have a lot to look...
Trump defends tariffs in Iowa speech
President Trump was in Iowa on Tuesday to deliver a speech, campaigning to hold onto the House and Senate in the midterm elections. President Trump pushed back against critics of his tariff policies in front of an Iowa audience including many farmers. Trump says his...
Groups applaud president’s call for year-round E15
The Renewable Fuels Association applauded President Trump for strongly reaffirming his support for America’s ethanol industry. During a stop in Des Moines, Iowa, he called on Congress to send a bill approving year-round E15 to his desk “very quickly.” Trump said he...
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Senate Finance Committee looks closely at USMCA trade deal
With the review process of the U.S.-Mexico-Canada Agreement set to begin later this year, the Senate Finance Committee took a closer look at the deal this week. Dave Salmonsen, senior director of government affairs for the American Farm Bureau Federation, said the...
Strong U.S. corn exports continue
Another month-over-month increase is forecasted for our nation's corn exports, according to USDA's latest outlook. World Agricultural Outlook Board Chair Mark Jekanowski discusses the export numbers for the nation’s record corn crop. Jekanowski says one impact from...
Dairy producers in Iowa reminded to obtain 2026 dairy margin coverage by February 26
The U.S. Department of Agriculture (USDA) is encouraging dairy producers to enroll in Dairy Margin Coverage (DMC), an important safety net program that helps offset milk and feed price differences. This year’s DMC signup began Jan. 12 and the deadline to enroll is...
Iowa regulators highlight changes to pesticide guidance
New federal pesticide decisions and evolving endangered species requirements are expected to bring more field-specific guidance for Iowa applicators heading into the growing season. Conversations following the Agribusiness Association of Iowa Showcase highlighted how...
U.S. Export Sales Report (2-12-26)
Heading into this week’s export sales report, the markets were expecting to see negative corn sales and positive soybean sales. Allendale commodity broker Greg McBride said the report turned out to be the complete opposite from those estimates. Flash sales were active...
