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Pork prices holding above the cost of production
Pork supplies are similar to a year ago, even with hogs being fed to heavier weights before being sent to market. Lee Schulz, chief economist with Ever.Ag, says demand has been steady for several quarters, and prices continue to remain above the cost of production. Schulz breaks down the economics of pork operations by size. The data comes from USDA’s National Agricultural Statistics Service. Schulz says that global demand for U.S. pork has softened slightly. However, he also points out that...
Passing the heart of Thanksgiving from one generation to another
Thanksgiving is one of those rare holidays that feels familiar before it even begins. It starts with the smell of the food, the sound of the parade, and the rhythm of a day that never really changes. Growing up on the farm, we did not have to travel far. My...
Creating success in the soy industry by driving demand
It’s been a challenging year financially for many farmers, especially on the soybean side of things. Tariffs, trade deals, and swinging market prices have all added a significant amount of stress. The United Soybean Board (USB) says driving demand will be the key to...
Frozen versus fresh turkey from a food safety perspective
Side dishes on the Thanksgiving dinner table receive a lot of plaudits, from mashed potatoes and gravy to green bean casserole and cranberry sauce. However, the Thanksgiving turkey remains the star of the show. And while many Thanksgiving dinner cooks are seasoned...
U.S. soybeans set for first shipment to China since May
Two cargo ships were headed for port terminals near New Orleans, Louisiana, this week to load the first shipments of U.S. soybeans to China since May. That’s according to a shipping schedule seen by Reuters. A third ship was heading to a Texas Gulf Coast terminal to...
Farmers are dealing with severe financial stress
The American Farm Bureau Federation (AFBF) is bringing attention to the financial plight of the country’s farmers and ranchers. A recent AFBF Market Intel Report shows that financial stress is severe and persistent across farm country. John Newton, AFBF vice president...
Naig says Vietnam is ready to buy more Iowa products
Iowa Secretary of Agriculture Mike Naig says the state’s recent trade mission to Southeast Asia revealed significant opportunities for Iowa agriculture in Vietnam. The delegation included Iowa commodity groups representing corn, soybeans, pork, and beef, along with...
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Market macroeconomics going into 2026
During a presentation at the recent 2025 NAFB National Convention in Kansas City, Global Commodity Analytics President Mike Zuzolo discussed some of the biggest macroeconomic factors affecting the markets going into 2026. Zuzolo says that oversupply of some key...
Naig highlights export potential and challenges in Indonesia
Iowa Secretary of Agriculture Mike Naig says the second stop of the recent Iowa agricultural trade mission to Southeast Asia highlighted both the opportunities and the hurdles that remain in the Indonesian market. While Vietnam offered immediate expansion potential,...
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...
Cattle supplies in the U.S. remain tight
Cattle supplies blamed for high beef prices remain tight, according to the latest USDA cattle reports. That’s USDA livestock analyst Michael McConnell who says that all of the data on cattle shows just how low supplies are right now. He points to several factors that...
South American Weather and Crop Update (11-27-25)
Planting progress in South America continues as the global market situation continues to shake up the U.S. grain marketplace. Allendale commodity broker Greg McBride gave an update on the latest forecasts for both Brazil and Argentina. As pod fill approaches for the...
