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Demand for soy oil driving price to the upside

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 movement to the upside. In March, the EPA finalized its RFS rule, mandating the highest biodiesel and renewable diesel blending volumes in history for 2026–27. This has led to another boost in demand for domestically produced...

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Secretary Naig and INREC launch nitrogen soil sampling project

Secretary Naig and INREC launch nitrogen soil sampling project

Iowa Secretary of Agriculture Mike Naig and the Iowa Nutrient Research & Education Council (INREC) today announced a new, three-year Nitrogen Soil Sampling Project that will conduct nitrogen soil testing for farmers in targeted areas upstream from the Des...

NPPC targets Prop 12, trade, labor in D.C.

NPPC targets Prop 12, trade, labor in D.C.

The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer...

U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...

Adjustments to the soybean balance sheets in USDA April WASDE report

Adjustments to the soybean balance sheets in USDA April WASDE report

The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...

Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...

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Market fundamentals are keeping corn prices low

Market fundamentals are keeping corn prices low

Even when there have been good news headlines, the corn prices have been resistant to move upwards. Unfortunately, the fundamentals in the corn marketplace just aren’t friendly to a significant price increase. Jacob Burks, chief growth officer at AgMarket.Net, said...

U.S. Export Sales Report (4-16-26)

U.S. Export Sales Report (4-16-26)

This week’s export sales were strong again for the corn markets. This is exactly what we need to see in order for meet high expectations. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. Unfortunately, the soybeans continued...