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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 outlook projects stronger domestic soybean crushing and growing soybean oil exports, while overall soybean ending stocks are expected to remain tighter than many traders anticipated. The report said increased reliance on soybean oil...

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Latest Cattle on Feed Report hints at minor herd rebuild

Latest Cattle on Feed Report hints at minor herd rebuild

April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...

Year-round E15 passes House by the skin of its teeth

Year-round E15 passes House by the skin of its teeth

After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...

South American Weather and Crop Update (5-13-26)

South American Weather and Crop Update (5-13-26)

Despite weather concerns for the crops in Brazil, the USDA increased the crop projections for both Brazil and Argentina in the latest WASDE report. Allendale commodity broker Greg McBride said he was expecting to see a cut to the Brazil crop, which is still possible...

Farm Bureau leader sounds alarm on fertilizer prices

Farm Bureau leader sounds alarm on fertilizer prices

As planting season is in full swing across the country, fertilizer prices are burdening farmers and ranchers. Kentucky Farm Bureau president Eddie Melton spoke to the Senate ag committee Tuesday and expressed his concerns. Melton said there are actions Congress can...

Previewing President Trump’s visit to China and ag trade topics

Previewing President Trump’s visit to China and ag trade topics

United States President Donald Trump and Xi Jinping, the President of China, are scheduled to meet this week in Beijing. The meetings will take place on May 14th and 15th with the two sides expected to discuss trade and tariffs, the conflict in Iran and the Strait of...

Iowa lands Vylor seed genetics headquarters

Iowa lands Vylor seed genetics headquarters

Governor Kim Reynolds today announced that Corteva will locate the global headquarters of Vylor, its future independent seed and genetics company, in Johnston, Iowa, following its planned separation later this year. “With Pioneer’s century-long legacy in seed...

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U.S. Export Sales Report (5-14-26)

U.S. Export Sales Report (5-14-26)

This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...