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U.S. Export Sales Report (6-29-26)
Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were good this week this well, but that pattern needs to continue. McBride said there were also some flash sales, which was nice to see since any flash sales are good sales at this time of year. The team at Allendale can be reached by...
George Washington’s cherries reveal agricultural legacy
The story of George Washington and a cherry tree has long been part of American folklore. While historians have dismissed that tale as fiction, a recent discovery at Mount Vernon has revealed a very real connection between the nation's first president and the fruit he...
Swine producers taking advantage of strong economic factors
The swine industry has seen some rough times in recent years, but now things are finally feeling much better. When hog prices are good, it’s smart to look at ways to improve your operation while also keeping those profits intact. Chris Ford, vice president of swine...
June soybean outlook from USDA features small changes
The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets...
EPA biofuel proposal boosts soybean oil demand outlook
A proposal by the Environmental Protection Agency to increase renewable fuel blending requirements through 2027 is drawing strong reactions across the agricultural sector and boosting expectations for soybean oil demand. The proposal would raise Renewable Fuel...
Boozman renews commitment to more farm aid
Senate Ag Chair John Boozman renewed his commitment to more farm aid during a committee hearing this week. Despite acknowledging USDA’s earlier $12 billion in farm aid as a big push for the industry, Boozman pointed out the need for more to be done to stop the...
New markets emerge across Southeast Asia
Southeast Asia is becoming one of the most promising growth regions for U.S. grain exports. Rising populations, expanding economies, and a growing middle class are creating new demand for livestock feed, food ingredients, and transportation fuels across the region....
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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)
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
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...
Secretary Naig Confirms Iowa’s completion of USDA pseudorabies response protocol
Iowa Secretary of Agriculture Mike Naig confirmed today that the Iowa Department of Agriculture and Land Stewardship (IDALS) has successfully completed the Pseudorabies (PRV) response protocol outlined in the United States Department of Agriculture Animal and Plant...
New report showcases positive impacts of biofuels on ag productivity
U.S. Farmers and Ranchers in Action's recent report from S&P Global Energy shows biofuels' potential for boosting farm profitability and rural economies. For Chip Bowling, vice chair of U.S. Farmers and Ranchers in Action, expanding the market for biofuels is...
