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Late-season weather adds uncertainty to Midwest corn and soybeans
Weather remains a concern for U.S. corn and soybean producers as harvest begins following a growing season marked by periods of excessive rainfall and extreme heat. Flooding during August damaged crops in portions of the Midwest after some areas received more than 12 inches of rain. Farm Progress reported the storms caused flooding and lodged crops, creating uncertainty about final corn and soybean yields. Those problems are becoming increasingly important as combines begin moving into fields....
Naig stresses value of USMCA framework
Trade agreements often receive the most attention when negotiations become contentious, but for Iowa agriculture, their greatest value is often found in the stability they provide. Canada and Mexico remain Iowa's two largest international trading partners, making the...
Boozman defends excluding Prop 12 from farm bill
Senate Ag Chair John Boozman shares reasons for his decision not to limit the out-of-state reach of California’s Prop 12 restriction on extreme animal confinement in his farm bill draft. Boozman says although Republicans are ready to vote to restrict California’s...
How El Niño will impact agriculture
The weather pattern shifting to El Niño this year has been a topic of conversation in weather forecasts for some time. Chad Merrill, senior meteorologist at AccuWeather, says the El Niño weather pattern arrived earlier this month. Merrill says the forecast for July is...
Grain markets brace for key USDA reports
Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn,...
U.S. Export Sales Report (6-29-26)
Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were...
Iowa officials confident in screwworm strategy
While New World Screwworm remains confined to parts of Texas, New Mexico, and Mexico, animal health officials are focused on making sure it stays that way. Although the insect is still hundreds of miles from Iowa, state and federal officials are relying on a proven...
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Examining the process of becoming Prop 12 compliant
The future of California Proposition 12 is uncertain. Currently, there is no legislation to address it in the Senate Farm Bill, but several swine industry groups are still hard at work to get something included in the final version. If the farm bill were to move...
Corn and soybean inspections dropped last week
Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...
Soybean trends in USDA July balance sheets
The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...
High input costs remain a top concern for U.S. producers
The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason...
Two wars add uncertainty to grain markets
Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...
