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U.S. Export Sales Report (5-14-26)

U.S. Export Sales Report (5-14-26)

This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor issue. While this week was a standout week for the soybean sales, Breisch said they still need to see more consistent sales to meet the USDA’s goals. Breisch added that flash sales started to pick up last week, which in turn...

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USDA says Iowa near major weather boundary

USDA says Iowa near major weather boundary

Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...

It’s still too risky to ship fertilizer globally

It’s still too risky to ship fertilizer globally

The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed-...

South American Weather and Crop Update (5-6-26)

South American Weather and Crop Update (5-6-26)

Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a...

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U.S. Export Sales Report (5-14-26)

U.S. Export Sales Report (5-7-26)

Once again the corn sales were strong this week, and the soybean sales were disappointing. Allendale commodity broker Greg McBride gave an update on the latest U.S. Export Sales Report. Even with the strong corn exports, McBride said the USDA will likely have to make...