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U.S. Export Sales Report (8-27-26)

U.S. Export Sales Report (8-27-26)

Old crop sales hit marketing year lows, but old crop sales are not very important at this time of year. Shipments, however, were robust, and they could lead to favorable market conditions for the new crop marketing year. Allendale commodity broker Greg McBride said this will likely lead to low carryover numbers for the corn. McBride said the soybean side of the report was robust as well. Despite this positive report, the grain markets have been on a crazy upward tear this week. McBride said...

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Don’t wait for crisis to plan farm succession

Don’t wait for crisis to plan farm succession

Passing a farm from one generation to the next involves more than transferring land, equipment or livestock. For many farm families, succession means determining the future of a business, a livelihood and a legacy that may have taken generations to build. That...

Iowa farmers closely watching August WASDE and crop reports

Iowa farmers closely watching August WASDE and crop reports

The August WASDE and crop reports will be published by USDA on Wednesday August 12th and will feature the latest USDA yield estimates and updated acreage numbers. The reports will be published at 11:00 AM central time on Wednesday. Eric Relph of Commstock Investments...

China steps up U.S. soybean purchases ahead of Trump-Xi meeting

China steps up U.S. soybean purchases ahead of Trump-Xi meeting

China has increased purchases of U.S. soybeans following a May summit between President Donald Trump and Chinese President Xi Jinping, providing a boost for American soybean exporters. The U.S. Department of Agriculture reported China purchased 238,000 metric tons of...

Iowa producers welcome meat export recovery

Iowa producers welcome meat export recovery

Although U.S. beef exports were slightly lower in volume in June, export value was higher than a year ago. USMEF President and CEO Dan Halstrom said U.S. beef exports are benefiting from strong demand in countries like Taiwan and parts of Latin America. Growing demand...

Iowa cattle producers can turn calf health into sale-day value

Iowa cattle producers can turn calf health into sale-day value

Calves in today’s market are bringing strong prices, but what you put into them only pays off if buyers recognize it. With calves representing a high-value investment, new auction data shows buyers are willing to pay more when calves have a clear health history. Chris...

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Major reports can cause sudden market shifts

Major reports can cause sudden market shifts

As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...