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AFBF study: farmers urgently need economic assistance
USDA’s most recent reports, including Commodity Costs and Returns, World Agriculture Supply and Demand Estimates, and Farm Sector Income & Finances reports, all confirm what U.S. agriculture has known for years. U.S. farm income is under immense pressure. A new report from the American Farm Bureau Federation said farm financial stress is severe and persistent. Margins are below breakeven for many crops, working capital has eroded, Chapter 12 bankruptcy is on the rise, and a recent lender...
Governor Reynolds, ISU, and BioMADE break ground on new $40M biomanufacturing facility
Today, BioMADE, the State of Iowa, Iowa State University (ISU), and Iowa State University Research Park celebrated the groundbreaking of a new pilot-scale bioindustrial manufacturing facility near Ames, Iowa. Scheduled to open in 2027, the 15,000 sq. ft. multi-user...
Flash sale data shows that China has not made big U.S. purchases yet
Last Friday was the first WASDE report since the end of the government shutdown. While the markets have already from recovered from that report, there is still plenty of information that was released that the markets will continue to look at. Allendale commodity...
What to expect from La Nina weather pattern this winter
It has been over a month since the National Weather Service officially declared the La Nina weather pattern for North America this winter. USDA meteorologist Brad Rippey says a La Nina winter has been the norm in recent years. Rippey describes the winter weather that...
Jay Theiler of Agri Beef Company elected chair of USMEF
The U.S. Meat Export Federation (USMEF) concluded its Strategic Planning Conference in Indianapolis Friday with election of new officers. Chairing USMEF for the 2025-26 term is Jay Theiler, executive vice president of corporate affairs for Agri Beef Company in Boise,...
Naig: USDA is back and Iowans stayed committed
The federal government is back open following the longest shutdown in United States history. Congress reached an agreement late last week, the President signed it, and agencies have been working their way back to normal ever since. USDA entered the restart period in a...
Grain markets react negatively to November WASDE
Friday brought us the first WASDE report in two months, and the markets had lofty expectations. However, the figures from this report were disappointing and caused a negative reaction in the grain prices to end the week. Allendale commodity broker Greg McBride said...
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More Ag News
Used cooking oil still negatively affecting soybean oil prices
The Trump administration continues to delay the release of the final rules for the 45z tax credit, which is allowing used cooking oil to remain as a thorn in the side of the soybean oil industry. Kenan Layden, hedging strategist with AgMarket.Net, said the delay is...
AFBF Thanksgiving Survey shows slightly lower costs in 2025
Every year, volunteer shoppers from the American Farm Bureau Federation help determine the average cost of feeding ten people for a Thanksgiving meal. The American Farm Bureau Federation’s annual Thanksgiving Cost Survey results show a slight dip in costs this year....
Iowa State Fair economic and community impact study results
The internationally acclaimed Iowa State Fair is the state's largest event and one of the oldest and largest agricultural and industrial expositions in the country. A 2025 study conducted by Johnson Consulting found that the economic impact from the Iowa State Fair...
Naig Highlights Iowas Role in Americas 250th
Iowa is already looking ahead to 2026 and the celebration of America's 250th birthday. While most people are not thinking that far down the road, state leaders are, and Iowa Secretary of Agriculture Mike Naig has been asked to help guide how our state will take part...
South American Weather and Crop Update (11-18-25)
As global trade issues continue to develop, planting progress in South America is quietly rolling along. Allendale commodity broker Greg McBride gave an update on the latest weather forecasts for Brazil and Argentina. McBride said farmers have continued to make good...
