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U.S. Export Sales Report (6-4-26)

U.S. Export Sales Report (6-4-26)

There was a disappointing aftertaste to this week’s export sales report. Allendale commodity broker Greg McBride said this week’s corn sales are lower than what we’ve been getting used to. While the soybean sales saw an improvement this week, McBride said they are still lagging behind overall. Interestingly, the grain markets had a sharp negative tone today. McBride said there were a few factors weighing in on this negative activity. The team at Allendale can be reached by calling...

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China agrees to $17 billion in ag purchases

China agrees to $17 billion in ag purchases

China has agreed to purchase at least $17 billion in U.S. agricultural products annually through 2028. That’s according to a White House fact sheet released Sunday following President Donald Trump’s visit to Beijing. The agreement came after meetings between Trump and...

USDA watching western drought, Midwest summer outlook

USDA watching western drought, Midwest summer outlook

Summer weather patterns remain difficult to predict heading into the heart of the growing season, but USDA Chief Meteorologist Brad Rippey says current forecast models continue pointing toward ongoing drought concerns across much of the western United States. Speaking...

Recapping a volatile week in the grain markets

Recapping a volatile week in the grain markets

President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between...

Stay prepared for natural disasters in farm country

Stay prepared for natural disasters in farm country

Here in Iowa, tornadoes and other severe weather storms can decimate an area in no time. The same is true for much of the country- in fact, data shows that 90% of US counties have experienced a flood, hurricane, wildfire, or other calamity serious enough to receive a...

USDA soybean oil export outlook raises concerns about market volatility

USDA soybean oil export outlook raises concerns about market volatility

New USDA projections for soybean oil exports are increasing concerns about price volatility in agricultural markets as demand tied to renewable fuels continues reshaping the soybean sector. Analysts with the University of said the government’s first 2026-27 soybean...

A multi-state focus on specialty crops

A multi-state focus on specialty crops

Applications are now being accepted for grants from USDA's Specialty Crop Multi-State Program, which is designed to address various concerns and efforts within the specialty crop industry. USDA Agricultural Marketing Service Deputy Administrator Tricia Kovacs provides...

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