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U.S. chilled beef may see opportunity in South Korea

U.S. chilled beef may see opportunity in South Korea

Shipments of Australian beef into South Korea have reached more than 90% of the 2026 safeguard volume of 196,00 mt, meaning the tariff rate on Australian beef will soon jump from 5.3% to 24% for the remainder of the year. U.S. Meat Export Federation (USMEF) Vice President of Asia Pacific Jihae Yang said Korean retailers and restaurants are already placing orders for more U.S. chilled beef in response. It is not unusual for Australia to hit the safeguard level, but it typically happens much...

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Grain markets brace for key USDA reports

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)

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

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...

What to expect from the USDA acreage and grain stocks reports

What to expect from the USDA acreage and grain stocks reports

On Tuesday June 30th USDA will publish the planted acreage and quarterly grain stocks reports. These reports typically have been known to move the ag marketplace one way or the other based on the updated numbers for planted acreage and the grain on hand in the stocks...

US hog inventory edges lower; productivity ticks up

US hog inventory edges lower; productivity ticks up

The U.S. hog and pig inventory totaled 73.7 million head as of June 1, down slightly from a year earlier and from March, USDA said Thursday in its quarterly report. Market hogs accounted for 67.8 million head, while 5.88 million were kept for breeding, according to...

Next week’s heat dome could stress Iowa crops

Next week’s heat dome could stress Iowa crops

We’re roughly halfway through the growing season here in Iowa, and there are varying crop conditions across the state. Much of the crop looks very strong currently, but there are some areas struggling with disease, pest, and weather issues. Dan Bjorklund, technical...

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Naig stresses value of USMCA framework

Naig stresses value of USMCA framework

Trade agreements often receive the most attention when negotiations become contentious, but for Iowa agriculture, their greatest value is often found in the stability they provide. Canada and Mexico remain Iowa's two largest international trading partners, making the...

US hog inventory edges lower; productivity ticks up

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...