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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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Ag economy barometer drops in May

Ag economy barometer drops in May

The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said...

Recapping a disappointing week in the grain market trade

Recapping a disappointing week in the grain market trade

It has been a difficult week of trade in the grains and oilseeds markets to say the least. Corn and soybeans grinded lower to begin the week and then saw significant losses on Thursday and Friday. Matt Bennett is the CEO and co-founder of AgMarket.Net and he tells the...

Livestock groups react to NWS confirmation

Livestock groups react to NWS confirmation

U.S. livestock groups reacted to the USDA’s confirmation of the New World Screwworm in South Texas. “The National Cattlemen’s Beef Association and our state partner organizations have been working for more than a year to combat the incursion of the New World...

NASDA prioritizes animal disease preparedness

NASDA prioritizes animal disease preparedness

When I visited Washington, D.C. recently, I had the opportunity to speak with RJ Kearney of the National Association of State Departments of Agriculture about the issues state agriculture leaders are watching most closely. While topics like trade and the Farm Bill...

New World Screwworm confirmed in South Texas

New World Screwworm confirmed in South Texas

Yesterday, USDA Secretary Brooke Rollins confirmed the detection of New World Screwworm (NWS) in a cattle herd in South Texas. The infected animal was a three-week-old calf, and the screwworm was found on the calf’s umbilical cord. Rollins said it is the only case...

Keys to optimizing a pig’s first litter

Keys to optimizing a pig’s first litter

A gilt’s first litter is notoriously difficult. From low birth weight to high mortality, poor performance has become so ordinary for these litters that producers often come to expect it. Dr. Brad Lawrence of NOVUS tells the Iowa Agribusiness Radio Network that it is...

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Making every drop count

Making every drop count

Despite drones rapidly gaining popularity among farmers as a viable alternative for spraying, they remain a relatively new technology in farming. Tyler Steinkamp, technical agronomist for Winfield United, oversaw the station showcasing how droplets travel after...

Ag economy barometer drops in May

Thinking about fall diesel fuel needs

Crude oil prices are returning to levels that were familiar before the United States war with Iran, but diesel and gasoline prices are still higher. It is expected that diesel and gasoline prices will recede to normal levels, but it may take a few months, probably at...