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USDA surprises markets yet again in October WASDE

USDA surprises markets yet again in October WASDE

Once again, the USDA went against expectations for the monthly World Agricultural Supply and Demand Estimates (WASDE) report. The major surprise in the October WASDE was the increase of the corn yield by 2.7 bushels per acre to 181.2 bpa, which raised production estimates. Allendale commodity broker Greg McBride said this data notably lacks information from states like Iowa, which started harvest late due to rain. McBride said this also raises ending stocks for corn, which was a bearish move...

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June forecast for meat prices

June forecast for meat prices

In the latest livestock, dairy, and poultry outlook from USDA, the Department of Agriculture provides the updated meat price forecasts for this month. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the adjustments for cattle were slight. He says the...

Corn and soybean planting near completion nationwide

Corn and soybean planting near completion nationwide

Most U.S. farmers have nearly finished spring planting as crop conditions remain generally favorable. According to USDA data reported by Successful Farming, 97% of the nation’s corn crop has been planted, while soybean planting is more than 90% complete. Kentucky,...

Check on your tires to minimize equipment downtime

Check on your tires to minimize equipment downtime

Downtime in the field not only slows you down, but it also hurts your pocket. Regardless of the stage you are in during the growing season, keeping equipment in optimal conditions is crucial for maximizing its use. Greg Jones, the senior manager for field engineering...

Hesitation could hinder screwworm eradication efforts

Hesitation could hinder screwworm eradication efforts

The effort to prevent New World Screwworm from reestablishing itself in the United States continues on multiple fronts. While officials are expanding the infrastructure needed to combat the pest, animal health experts say success will also depend on vigilance and...

South American Weather and Crop Update (6-17-26)

South American Weather and Crop Update (6-17-26)

The upcoming forecasts for Brazil and Argentina finally contain some rain, and while that is normally appreciated, it can cause harvest delays. However, Allendale commodity broker Greg McBride said that shouldn’t be a problem. McBride said harvest in Argentina is...

Midwest set up for beneficial growing conditions

Midwest set up for beneficial growing conditions

Last week the Midwest and the Corn Belt experienced widespread severe weather with storms, damaging winds, and heavy rains. This week the weather pattern should be more tame but with adequate rainfall still helping crops through critical growth stages says USDA...

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