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Chinese buyers book another large round of U.S. soybeans

Chinese buyers book another large round of U.S. soybeans

Chinese state-owned trading firms have purchased another 10 to 13 cargoes of U.S. soybeans, adding to a major round of buying earlier this week and signaling renewed demand from China. Reuters reports the latest purchases are scheduled for shipment between December and March. Combined with 8 to 10 cargoes booked Tuesday, this week’s purchases total an estimated 1.2 to 1.5 million metric tons. The buying follows weeks of limited Chinese activity and comes after President Donald Trump met with...

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China trade talks provide optimism for U.S. red meat

China trade talks provide optimism for U.S. red meat

U.S. Trade Representative (USTR) Jamieson Greer over the weekend offered new details on the progress made in last week’s U.S.-China trade talks, which were held in conjunction with the summit meeting between President Trump and Chinese President Xi Jinping. In a...

President Trump announces $15 billion steel mill in Lee County

President Trump announces $15 billion steel mill in Lee County

Governor Kim Reynolds and Mesabi Metallics Chairman Rewant Ruia joined President Donald Trump today at the White House for an announcement about a $15 billion economic development project in Iowa. Mesabi Metallics plans to make Iowa the home for its new fully...

Soybean prices plummet following Trump-Xi meeting

Soybean prices plummet following Trump-Xi meeting

After the much-anticipated trade meeting between United States and Chinese trade officials and Presidents Donald Trump and Xi Jinping, the results for U.S. agriculture appear to be a mixed bag. While China did agree to reduce tariffs on a wide range of U.S. farm...

Farm Crawl opens doors to Iowa agriculture

Farm Crawl opens doors to Iowa agriculture

Fall in Iowa means harvest, football, pumpkin patches, and apple orchards. But it can also be an opportunity to get off the highway, travel some of Iowa’s back roads, and see just how many different products are being produced by farms and small businesses across the...

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U.S. Export Sales Report (10-1-26)

U.S. Export Sales Report (10-1-26)

Following yesterday’s bearish Quarterly Grain Stocks report, this week’s export sales came in mixed for corn and soybeans. Allendale commodity broker Greg McBride said the corn sales are still behind the USDA’s expectations, which will likely cause a correction to be...