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Soybean trends in USDA July balance sheets
The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world production numbers. Jekanowski says the net result of changes in the July WASDE report increased the export forecast. There was no change to soybean ending stocks or the season ending average price estimate which remains at $11.40...
Uncertainty around Brazil’s production forecast for 2027
Brazil’s corn and soybean crops could have a major impact on global grain markets. Joanna Colussi, a research assistant professor of agricultural economics at Purdue University, identified fertilizer as the root of the problem. Colussi discussed how the stagnant...
Screwworm far from Iowa, but worth watching
New World Screwworm remains hundreds of miles from Iowa, with confirmed cases confined to parts of Texas, New Mexico, and Mexico. While there is no indication the pest is moving into Iowa anytime soon, state officials say it's important for livestock producers to...
Heavier cattle weights bring bonuses and challenges at marketing time
As everyone knows by now, the total number of cattle in the U.S. herd is historically low. One of the ways that the low supply is being compensated for to meet the high demand for beef is by keeping cattle on feed longer and feeding them to heavier finishing weights....
Soybean growers applaud Supreme Court decision on glyphosate
The American Soybean Association is praising a U.S. Supreme Court ruling that federal pesticide labeling requirements take precedence over state failure-to-warn claims. The decision in Durnell v. Monsanto found that pesticide labels approved under federal law cannot...
Year-round E15 and farm aid included in Iran supplemental request
In a major breakthrough for U.S. agriculture, President Trump has included year-round E15 and billions of dollars in new farm aid in his Iran war supplemental request to Congress. The almost $88 billion war request was signed by Trump’s budget director Russel Vought...
USMCA review begins July 1 with an uncertain future
Mexico and Canada, two of the three USMCA nations, have said they want this collaboration to continue, unlike U.S. President Donald Trump. President Trump, speaking to reporters at the June G7 meeting in France, seemed unconvinced about continuing this collaboration....
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More Ag News
U.S. farmers planted fewer corn acres and more soybeans
Today the USDA published both the Planted Acreage and Quarterly Grain Stocks Reports. Commodity broker Greg McBride of Allendale says there were only slight adjustments to the corn acres from the March planting intentions report. McBride says the soybean acreage...
Iowa Corn Growers applaud suspension of phosphate countervailing duties
President Trump Takes Action to Lower Fertilizer Costs and Support American Farmers Today, President Donald J. Trump signed a proclamation temporarily suspending countervailing duties (CVDs) on certain phosphate fertilizer imports, providing immediate relief to...
Mexico’s restrictions on pork offal remain costly for U.S. industry
As a result of a recent pseudorabies detection in Iowa, Mexico closed its border to U.S. pork offal products for more than a month. According to U.S. Meat Export Federation (USMEF) estimates, since its implementation, the closure has cost U.S. exporters roughly $7...
Weather will affect how much disease pressure we see in 2026
Due to the beautiful weather we have seen in Iowa recently, which has included some cool and wet nights, tar spot has already been detected in some fields across the state. However, this week’s much hotter temperatures should suppress any additional pressure from tar...
Naig stresses value of USMCA framework
Trade agreements often receive the most attention when negotiations become contentious, but for Iowa agriculture, their greatest value is often found in the stability they provide. Canada and Mexico remain Iowa's two largest international trading partners, making the...
