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South American Weather and Crop Update (6-23-26)
Once again, the weather forecasts in South America are leaning more towards drier weather. Allendale commodity broker Greg McBride said both Brazil and Argentina should see a lack of rain. McBride said that, once the El Nino weather pattern kicks in more, South America could see even more dry weather. Right now, however, the dry weather won’t impact much directly, as both Brazil and Argentina are going through harvest. McBride said harvest in Brazil is still in the very early stages. McBride...
Boozman says farm bill proposal coming soon
Senate Ag Chair John Boozman says that the work on a bipartisan farm bill is about to yield results. Boozman says that the high prices of fertilizer and diesel fuel, labor and interest costs are all necessary reasons that farm policy needs to be updated and...
Groups tell House Ag Committee that USMCA is critical for U.S. Farmers
Farm and food industry leaders told members of the House Agriculture Committee that renewing the U.S.-Mexico-Canada Agreement is critical to the future of American agriculture and rural communities. During a hearing on the future of USMCA, representatives from...
NPPC optimistic about the future of the swine industry
The spotlights were shining bright on Des Moines from June 3-4 for the 2026 World Pork Expo at the Iowa State Fairgrounds. The highly anticipated event did not disappoint with attendees pouring out from all over the country. The two-day long event provided attendees...
New World Screwworm prompts vigilance, not panic
The confirmation of New World Screwworm cases in Texas and New Mexico has put cattle producers across the country on alert. However, veterinarians and livestock industry leaders say producers in the Midwest should remain vigilant without overreacting. New World...
President Trump says he is “not looking to renew” USMCA
Speaking at the White House today, President Trump stated that he is not looking to renew the U.S.-Mexico-Canada Agreement, saying that “we don’t need anything that Canada has, we don’t need anything that Mexico has.” However, this statement comes as the ag industry...
Concerns rising as U.S. oil reserves decline
While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China,...
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EPA biofuel proposal boosts soybean oil demand outlook
A proposal by the Environmental Protection Agency to increase renewable fuel blending requirements through 2027 is drawing strong reactions across the agricultural sector and boosting expectations for soybean oil demand. The proposal would raise Renewable Fuel...
Boozman renews commitment to more farm aid
Senate Ag Chair John Boozman renewed his commitment to more farm aid during a committee hearing this week. Despite acknowledging USDA’s earlier $12 billion in farm aid as a big push for the industry, Boozman pointed out the need for more to be done to stop the...
New markets emerge across Southeast Asia
Southeast Asia is becoming one of the most promising growth regions for U.S. grain exports. Rising populations, expanding economies, and a growing middle class are creating new demand for livestock feed, food ingredients, and transportation fuels across the region....
Most Iowa crops are entering the middle of the season in excellent condition
There haven't been too many road blocks for the crops in Iowa this year. While some storms have been severe, the plentiful weather events have provided plenty of rain. Landus Cooperative Technical Agronomist Dan Bjorklund said he has seen varying corn heights across...
New World Screwworm influence in the ag markets
The initial reaction in the ag marketplace to the first detection of New World Screwworm in a calf in south Texas in early June was a bit surprising to many market analysts. Generally, a negative headline can send the markets to the downside in a dramatic way, at...
