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Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that, and the wheat prices shot up over forty cents to end the day on Tuesday, bringing the rest of the grain complex upwards with them. Allendale commodity broker Greg McBride said this positive move was even able to overcome what was...
Canada patiently pursuing USMCA despite pressure from U.S.
The Trump administration is demanding what amounts to an ‘entry fee’ from Canada, in the form of agreeing to some concessions just to engage in trade talks relating to the USMCA deal. In particular, the U.S. administration is demanding pre-negotiation concessions from...
Iowa’s official America250 tree planted on Arbor Day at the Iowa State Fairgrounds
Iowa Secretary of Agriculture Mike Naig and other state leaders gathered at the Iowa State Fairgrounds today to plant Iowa’s official America250 tree. The event is part of a year-long, statewide initiative celebrating the nation’s 250th birthday and honoring Iowa’s...
Rising prices impacting consumer choices
A recent survey about consumer buying trends shows that rising prices are affecting consumer’s choices when purchasing food. The survey was conducted by the Stratovation Group in partnership with food and agriculture communications agency Inspire. Kenny Kuhn is...
Tree planting connects youth to America 250
A tree planting at the Iowa State Fairgrounds is one of many events planned this year as part of the America 250 celebration, marking the nation’s 250th birthday. Iowa Agriculture Secretary Mike Naig, who also serves as vice chair of Iowa’s America 250 commission,...
U.S. Export Sales Report (4-23-26)
This week’s export sales were better than what we’ve seen recently, but it was otherwise a muted report. Allendale commodity broker Greg McBride said the corn sales were strong once again. While the soybeans sales weren’t outstanding, McBride said they were above the...
Input costs aren’t dropping alongside inflation
General inflation has cooled off from the high points in recent years, but input costs are not following suit. Dr. Michael Langemeier is the director of Purdue’s Center for Commercial Agriculture, and he said farm input prices don’t always follow inflation up or down....
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Farm bill talks intensify in Congress
Congressional leaders are preparing for renewed debate over the next Farm Bill. Producer organizations are pressing lawmakers to strengthen the farm safety net as growers face weak crop prices, elevated borrowing costs and uncertainty over export demand. Reuters...
Rural lenders eye finish line for overdue Farm Bill
After years of delays and temporary extensions, the long-awaited Farm Bill could finally move forward as lawmakers prepare to bring it to the House floor this week. For agricultural lenders like Farm Credit, the bill represents far more than traditional farm programs....
South American Weather and Crop Update (4-28-26)
The weather in Brazil is continuing to dry out, which is causing concerns as the crops go through the critical pollination phase. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said harvest is slowly...
Now is a great time for cattle producers to make succession plans
Farm and ranch families across the country are beginning to realize that succession planning can’t wait any longer. Dr. Shannon Ferrell, an agricultural economist at Oklahoma State University said now is a great time to think about succession planning with the current...
Grassley discusses path forward for permanent E15 legislation
A recent introduction of an amendment to the House farm bill would permanently allow nationwide, year-round sales of E15 and would help provide certainty to corn growers and fuel retailers. United States Senator Chuck Grassley (R-IA) was asked about the decision to...
