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Much is still unknown about President Trump’s beef import plan
In his latest attempt to lower the price of beef in grocery stores, President Trump says he plans to increase the volume of beef the U.S. imports from Argentina. According to the National Cattlemen’s Beef Association, this effort would risk harming the livelihoods of U.S. cattle producers while having little impact on the beef prices consumers are paying at the meat counter. Allendale commodity broker Greg McBride said we will have to wait and see what the details of this plan are, as we do...
Smallest U.S. cattle herd since 1973
The July Cattle on Feed Report offered little relief to customers paying higher prices for beef. That’s despite the cycle of herd liquidation that seems to be slowly ending. There were 94.2 million cattle and calves in the U.S. as of July 1, the lowest mid-year number...
Iowa farmers urged to keep tar spot from ruining bumper crop
Iowa has received plenty of rain recently, and the temperatures have finally cooled off as well. On top of that, we’re looking at one of the biggest crops in recent history. Southwest Iowa Beck’s Agronomist Nate Meyer said he’s not sure that he’s ever seen such a big...
South American Weather and Crop Update (7-30-25)
The weather in South America has still not changed much, with farmers in Brazil and Argentina seeing mostly clear and dry conditions. Allendale commodity broker Greg McBride said there are scattered rain showers, but otherwise the weather remains status quo. The dry...
Basis matters now, say Midwest ag economists
Tight corn supplies might normally trigger a rally in the market, but so far, that hasn’t been the case. Despite strong demand and dwindling stocks, futures prices have stayed relatively steady. That’s because—while the numbers show a squeeze—markets may be confident...
Argentina makes permanent tax cuts to ag exports
Recently, Argentina President Javier Milei announced permanent export tax cuts for a wide variety of agricultural commodities. The biggest impact globally will be seen in the soybean marketplace, as Argentina is the world’s largest exporter of soybean meal. Allendale...
Bullish news hard to find in current ag marketplace
A current snapshot of the ag marketplace shows front month corn below $4 and soybeans below the $10 mark. Unfortunately, there isn’t a lot of bullish news for the markets to react to right now to generate positive price movement. John Heinberg is a Market Advisor with...
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Manitoba Minister of Agriculture visits Iowa State Fair
The Iowa State Fair brings in visitors from all over, and one visitor to the Iowa Agribusiness Radio Network broadcast shed came down from all the way up north. Ron Kustyshyn, Minister of Agriculture for Manitoba, Canada, visited the Iowa State Fair after being...
What to expect in the second MAHA report
The second Make America Healthy Again or MAHA report is expected to be released soon and United States Senator Chuck Grassley (R-IA) addressed the report in his weekly conference call on Friday. Grassley was asked about the MAHA report and what he is expecting to be...
U.S. Export Sales Report (8-15-25)
This week’s U.S. Export Sales report had big numbers for the markets to digest, which is great for this time of year. Allendale commodity broker Greg McBride said new crop corn sales were particularly strong and set another record for this week. McBride said this...
Ag land market remains resilient
Despite ongoing challenges, agricultural land values have remained remarkably stable through mid-2025. According to the Farmers National Company, the resilience is mainly driven by simple supply and demand; there are more motivated buyers than willing sellers. While...
Iowa’s young exhibitors show agriculture’s future is strong
Each year at the Iowa State Fair, the Governor’s Charity Steer Show draws crowds eager to see outstanding cattle and the young people who raise them. The event pairs youth exhibitors with celebrities and other Iowa leaders, all in support of the Ronald McDonald House...
