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Neutral June WASDE report had little impact on grain prices
A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly quiet. Allendale commodity broker Greg McBride said the changes made to the corn numbers were relatively small. McBride said the soybean numbers had offsetting changes as well. McBride said the most impactful changes in this month’s...
RVO announcement coming very soon
The renewable fuels industry has been long awaiting the Environmental Protection Agency's release of the latest Renewable Volume Obligation blending requirements which are expected to be announced very soon. Lee Zeldin, administrator of the Environmental Protection...
Food and agriculture generate 20 percent of all U.S. economic activity
Every year, the Feeding the Economy report provides a comprehensive look at the full economic footprint of U.S. food and agriculture. Among the report’s biggest takeaways is that food and agriculture support $10.4 trillion in total U.S. economic output, representing...
New “Product of the USA” label will provide consumers with clarity
During the National Agriculture Day event on Tuesday in Washington, D.C., Ag Secretary Brooke Rollins introduced a campaign regarding USDA’s new “Product of the USA” labeling standard that took effect on January 1. Rollins said the new voluntary label signifies meat...
Naig: Trade relationships must stay strong
Iowa farmers rely on strong export markets, and two of the most important remain Canada and Mexico. But a planned trade mission to Mexico has been postponed. Iowa Secretary of Agriculture Mike Naig says safety concerns tied to cartel activity and travel disruptions...
South American Weather and Crop Update (3-25-26)
The concerns over dry conditions in South America can be put to rest for the time being, as they have been getting plenty of rain as of late. Allendale commodity broker Greg McBride gave an update on the forecasts for both Brazil and Argentina. The rain in Brazil has...
Senate Farm Bill could still contain year-round E15
The Environmental Protection Agency today announced that it is lifting the summertime restrictions on E15 sales again for 2026. As we experience rising gas prices, year-round E15 sales will provide economic relief for consumers and strengthen the ag industry. However,...
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Rural America needs more ag tax professionals
Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...
Rising farmer sentiment in March surprised some industry experts
Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...
AFBF continues to push for new farm bill
The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...
NCGA survey shows rising alarm over fertilizer costs
U.S. corn farmers are growing increasingly concerned about fertilizer affordability and availability, with worries extending beyond the current planting season. That’s according to new survey results released by the National Corn Growers Association. Surveys conducted...
Spring volatility gives way to El Niño watch
Spring weather across Iowa and much of the Midwest has been delivering the kind of rapid temperature swings farmers know all too well. Warm afternoons that hint at an early planting push have quickly been followed by colder air, gusty winds, and even lingering shots...
