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Tariff uncertainty continues to cloud trade outlook
Trade policy remains a major focus for businesses and commodity markets as uncertainty continues surrounding U.S. tariffs. Earlier this year, the Supreme Court ruled that President Trump exceeded his authority by using the International Emergency Economic Powers Act to impose broad worldwide tariffs. While that decision changed part of the tariff landscape, additional trade actions are still expected in the months ahead. Ben Malin, Vice President of Research at the Federal Reserve Bank of...
South American Weather and Crop Update (6-23-26)
Once again, the weather forecasts in South America are leaning more towards drier weather. Allendale commodity broker Greg McBride said both Brazil and Argentina should see a lack of rain. McBride said that, once the El Nino weather pattern kicks in more, South...
Senator Grassley discusses Senate Farm Bill 2.0 discussion draft
Today the office of Senate Ag Chairman John Boozman released the outline for the Senator’s Farm Bill 2.0 discussion draft. United States Senator Chuck Grassley (R-IA) says that while he prefers the House version of the farm bill, he is excited to move forward with the...
Boozman releases the outline for Farm Bill 2.0 discussion draft
FARM BILL 2.0 BUILT FOR THE PEOPLE WHO FEED AMERICA The Agricultural Act of 2026 is built for the people who feed America. A modernized farm bill means more certainty for America’s farm families, rural communities and food supply. TOPLINE Builds upon the Working...
Iowa farmers tell story of American beef to Japanese consumers
Two Iowa farms will be the centerpiece of a U.S. beef marketing campaign in Japan. Chance and Shayne Wiese and their 1904 fifth-generation Herefords farm were the first one featured. Shayne shared the story of their farm and acknowledged the rare opportunity to...
Bankruptcy filings signal ongoing farm financial stress
Farm bankruptcies across the country remain at levels not seen since the disruptions of the COVID era, and legal experts say that should concern producers and lenders alike. While the pace of filings this year is similar to last year, that does not mean the farm...
Grain markets anticipating two major USDA reports
This week will bring us two of the biggest USDA reports of the year- the June Quarterly Grain Stocks and Acreage reports. This gives us the first glance into what the 2026 crop should actually look like. Micheal Weidner, director of grain origination and producer...
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Boozman defends excluding Prop 12 from farm bill
Senate Ag Chair John Boozman shares reasons for his decision not to limit the out-of-state reach of California’s Prop 12 restriction on extreme animal confinement in his farm bill draft. Boozman says although Republicans are ready to vote to restrict California’s...
How El Niño will impact agriculture
The weather pattern shifting to El Niño this year has been a topic of conversation in weather forecasts for some time. Chad Merrill, senior meteorologist at AccuWeather, says the El Niño weather pattern arrived earlier this month. Merrill says the forecast for July is...
Grain markets brace for key USDA reports
Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn,...
U.S. Export Sales Report (6-29-26)
Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were...
Iowa officials confident in screwworm strategy
While New World Screwworm remains confined to parts of Texas, New Mexico, and Mexico, animal health officials are focused on making sure it stays that way. Although the insect is still hundreds of miles from Iowa, state and federal officials are relying on a proven...
