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DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are examining whether consolidation among the nation’s largest meatpackers contributed to inflated beef prices for consumers and reduced prices paid to cattle producers. The four largest beef processors control roughly 85% of the fed...
Rural lenders eye finish line for overdue Farm Bill
After years of delays and temporary extensions, the long-awaited Farm Bill could finally move forward as lawmakers prepare to bring it to the House floor this week. For agricultural lenders like Farm Credit, the bill represents far more than traditional farm programs....
South American Weather and Crop Update (4-28-26)
The weather in Brazil is continuing to dry out, which is causing concerns as the crops go through the critical pollination phase. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said harvest is slowly...
Now is a great time for cattle producers to make succession plans
Farm and ranch families across the country are beginning to realize that succession planning can’t wait any longer. Dr. Shannon Ferrell, an agricultural economist at Oklahoma State University said now is a great time to think about succession planning with the current...
Grassley discusses path forward for permanent E15 legislation
A recent introduction of an amendment to the House farm bill would permanently allow nationwide, year-round sales of E15 and would help provide certainty to corn growers and fuel retailers. United States Senator Chuck Grassley (R-IA) was asked about the decision to...
Secretary Naig thanks Iowa Senate for unanimous passage of Iowa Farm Act
Iowa Secretary of Agriculture Mike Naig today thanked the Iowa Senate for its unanimous passage of the Iowa Farm Act, Senate File 2465, by a vote of 47-0. “I appreciate members of the Iowa Senate for their support in advancing the Iowa Farm Act with a strong...
Trade deals only first step for USDA
As new trade agreements take shape, USDA officials say the next step is making sure those deals translate into real opportunities for U.S. agriculture. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says securing market access is only...
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Farm Bill Clears House as E15 Waits
The U.S. House has now passed its version of the Farm Bill, but just hours before that final vote, lawmakers were still working through the steps needed to bring the legislation to the floor. Speaking Wednesday morning, just minutes before the House began voting on...
Farm Bureau applauds House passage of 2026 farm bill
After several months of work and negotiation, the House of Representatives passed the Farm, Food, and National Security Act of 2026, also known as the farm bill, with a bipartisan vote. Brian Glenn, director of government affairs for the American Farm Bureau...
U.S. Export Sales Report (4-30-26)
This week’s export sales continued the recent trends we have seen. Allendale commodity broker Greg McBride said the corn sales had another strong report. The soybean sales, however, were disappointing once again. Additionally, there have been no flash sales since last...
Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price...
Farmers face another year of tight margins
U.S. farmers are entering another growing season with tight profit margins as lower crop prices, elevated input costs, and trade uncertainty weigh on the outlook for 2026. Corn and soybean prices remain below levels seen during recent highs, while expenses for...
