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September WASDE leaves analysts scratching their heads

September WASDE leaves analysts scratching their heads

This month’s WASDE report was not as friendly as projected, but the markets still moved higher to end the week. A few factors, including the recent end of the old crop marketing year, may be influencing the markets in confusing directions. Allendale commodity broker Greg McBride said a deep dive into the report shows why the markets may have moved the way they did. McBride said the USDA is likely factoring in the China trade situation for the soybean adjustments. McBride also noted that the...

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Farm income forecast is a tale of two farm economies

Farm income forecast is a tale of two farm economies

New data from the Department of Agriculture predicts farm income to increase in 2025. The latest Net Farm Income Forecast from USDA’s Economic Research Service predicts farm income to increase in 2025. However, Bernt Nelson, an economist for the American Farm Bureau...

Soybean producers face uncertainty in ongoing trade fight

Soybean producers face uncertainty in ongoing trade fight

U.S. soybean producers are once again caught in the middle of a trade war. China has been slow to make purchases, leaving farmers worried about where demand will come from. This marks the second Trump administration and the second time American agriculture has been...

Iowa soybean fields need to end the year strong

Iowa soybean fields need to end the year strong

It may feel like there isn’t much of a choice for seed genetics anymore, but companies like BASF are making an effort to provide new genetics that stand out from the competition and give farmers some unique choices. Colin Rogers, BASF seed agronomist, said Xitavo...

Yield results from Allendale survey lower than USDA estimates

Yield results from Allendale survey lower than USDA estimates

The Allendale brokerage firm has released yield results collected from a recent survey of farmers. The numbers are not particularly far off from the USDA August Crop Production estimates. Rich Nelson of Allendale said they’ve done this survey for a long time. Nelson...

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