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U.S. Export Sales Report (10-22-26)
A mixed export sales report continued the recent trends we have seen for corn and soybean demand. Allendale commodity broker Teddy Tarvis said the corn sales were disappointing again. On the other hand, Tarvis said the soybean sales were very strong again this week, with great sales to China. The wheat markets tend to go more under the radar, but Tarvis said they often function as an anchor for the grain markets. Unfortunately, Tarvis said wheat sales were weak as well in this report. The team...
The impact of U.S. farmers and ranchers on USDA trade missions
United States agricultural groups are frequently engaged in trade missions and visits to international markets in the hopes of strengthening and expanding relationships and trade to overseas markets. A common theme from those visits to international markets is that...
Secretary Naig invites community meat lockers to apply for Choose Iowa butchery equipment grants
Iowa Secretary of Agriculture Mike Naig today invited small-scale meat processors and custom lockers to apply for a Choose Iowa Butchery Innovation Equipment Only Grant. Eligible businesses may receive up to $20,000 of state funding to purchase cold storage, meat...
Global fertilizer disruptions raise concerns for Iowa farmers
As Iowa farmers prepare for fall fertilizer applications, questions about supplies and prices are becoming increasingly important. Continued conflict in the Middle East is disrupting global fertilizer markets, while trade uncertainty between the United States and...
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...
Ethanol exports on track to hit another record
Ethanol exports are on track to set another record according to USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg. Lindberg says that new and expanded overseas markets are increasing foreign demand and driving a likely third record year of...
NCBA says MCOOL wouldn’t drive beef demand
The Senate Agriculture Committee's version of the Farm Bill includes mandatory country of origin labeling. This comes after a significant push for consumer transparency. However, National Cattlemen's Beef Association Senior Vice President of Government Affairs Ethan...
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Harvest pace per USDA Mid-October progress report
Despite the slower than usual pace of harvest for parts of the Midwest and Corn Belt, including Iowa, other regions of the country have made substantial progress. How are major row crops coming along with their harvest progress as October approaches its midway point?...
EPA Proposes restoring biofuel volumes exempted from refinery requirements
EPA Administrator Lee Zeldin announced Tuesday a proposal to restore renewable fuel blending requirements affected by additional small refinery exemptions, a move intended to protect demand for American corn and soybeans. The EPA said exemptions granted for 2025...
John Deere Foundation announces $18.5 million investment in food bank system
Today, the John Deere Foundation announced an $18.5 million multi-year Farm-to-Plate strategy to address food insecurity in the Midwest. The investment will support Feeding America partner food banks, recover farm-grown food, and connect over one hundred Iowa farmers...
AFBF encouraged by progress on Renewable Fuel Standard
Environmental Protection Agency (EPA) Administrator Lee Zeldin was in Peosta, Iowa, today to announce a draft rule to reallocate renewable fuel volumes lost through small refinery exemptions. The rule would provide 100 percent reallocation of the renewable fuel volume...
Iowa native takes helm of United Soybean Board
The United Soybean Board has a new leader, and she brings strong Iowa roots to the position. Courtney Knupp, who grew up on a soybean farm in Washington County, Iowa, has taken over as CEO of the national organization. She steps into the role at a time when soybean...
