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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 week. McBride said that’s in line with what we usually see at this time of year. The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
South American Weather and Crop Update (4-14-26)
The weather is drying out a bit in Brazil, which could cause concerns as the second crop corn hits the last stage of growth. Allendale commodity broker Greg McBride said this will be something to watch, but this is also close to the time that Brazil experiences its...
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.
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
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...
U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together
The U.S. Meat Export Federation (USMEF) is conducting a U.S. Red Meat Symposium, April 14-17 in Mexico City, which will allow U.S. exporters to meet face-to-face with importers and other prospective customers from throughout Mexico. This is the second edition of the...
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...
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More Ag News
Reference price adjustments aim to support farm income
After more than a decade without major updates, reference prices used in federal farm programs are being adjusted, a change that could impact producer revenue moving forward. In an interview with the Iowa Agribusiness Radio Network, U.S. Agriculture Secretary Brooke...
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)
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...
Upcoming USDA reports to feature key data for hog producers
USDA livestock reports can offer valuable insights into the hog industry. Lee Schulz, Ph.D., chief economist of Ever.Ag, says that reports such as the annual livestock slaughter report, set for release on April 22, can give producers a snapshot of the state of the...
New data shows continued threat to food affordability due to California Prop. 12
Equipped with brand new retail and U.S. Department of Agriculture data reinforcing California Proposition 12’s detrimental impacts on both producers and consumers, 105 American pork producers from 23 states took to Capitol Hill, advocating for their livelihoods with...
