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South American Weather and Crop Update (6-23-26)
It’s the dry season in South America, and the forecasts definitely reflect that. Allendale commodity broker Greg McBride said this isn’t a huge problem yet, but they are monitoring the weather. McBride said harvest progress is behind in Brazil, but it is approaching the final stages. While it is lagging behind as well, harvest is also very close to completion in Argentina. Looking ahead, McBride said there are a few major factors that can impact the upcoming planting season for soybeans in...
Farmer bridge assistance enrollment period begins
During the keynote speech at USDA’s Ag Outlook Forum last Friday, USDA Secretary Brooke Rollins announced that the applications for the farmer bridge assistance program would open ahead of schedule. The application process is now open as of Monday February 23rd, says...
Farm Bill 2.0 provides additional certainty
House Ag Committee Chair GT Thompson recently released the text of Farm Bill 2.0, or the “Farm, Food, and National Security Act of 2026.” Groups like the National Cattlemen’s Beef Association welcomed the provisions that strengthen the agriculture measures included in...
Naig voices frustration over stalled federal E15 progress
Federal movement on year-round E15 access remains uncertain as February winds down, leaving biofuels supporters waiting for clearer direction from Congress. Iowa Secretary of Agriculture Mike Naig says frustration is growing among ethanol advocates who believed...
RFA blames divided oil industry for no year-round E15 deal
The Renewable Fuels Association says that a deal on year-round E15 access could have crossed the finish line if not for infighting between a divided oil industry. Renewable Fuels Association Senior Vice-President Troy Bredenkamp says most of the oil industry was on...
U.S. Export Sales Report (2-20-26)
The weekly export sales report was significantly overshadowed by trade deal news and the Supreme Court’s decision to rule against President Trump’s tariff authority, but that doesn’t change the fact that both the corn and soybean markets saw uncharacteristically good...
Supreme Court rules against President Trump’s tariff authority
In a 6-3 decision, the Supreme Court ruled that President Trump does not have the authority under the International Emergency Economic Powers Act (IEEPA) to enact global tariffs, dealing a major blow to the President’s primary economic strategy. This decision comes...
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More Ag News
Breaking down the Prospective Plantings and Quarterly Grain Stocks reports
The USDA released both the Prospective Plantings and Quarterly Grain Stocks reports on March 31st. Heading into the day, the markets were anticipating big news from the planting acres, but it seems that there was more to react to in the grain stocks report. Allendale...
Trump administration steps up as Congress fails to pass year-round E15
After Congress failed to act on key biofuels policy- namely year-round E15- the Trump administration is reportedly stepping up to the plate to get something more permanent done. Renewable Fuels Association President and CEO Geoff Cooper said recent announcements have...
What is the next step for year-round E15 legislation?
Last week the EPA issued a waiver to allow for summertime E15 sales across the country in 2026. However, permanent legislation for E15 sales year-round is still a priority for many Midwest politicians hoping to provide certainty for farmers and retailers. United...
Secretary Naig presents 2026 Ag Leader Awards for outstanding contributions to Iowa agriculture
Iowa Secretary of Agriculture Mike Naig recognized one individual and two organizations that have made exceptional contributions to the continued success, resilience, and growth of Iowa agriculture during the 14th Annual Iowa Ag Leaders Dinner held on March 30 in...
Nitrogen ROI matters more in 2026
With tighter crop margins forcing farmers to scrutinize every input dollar this season, nitrogen management remains one of the biggest opportunities to protect return on investment. Ron Calhoun with Nutrien says the focus is not simply cutting nitrogen, but improving...
