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U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said the soybean sales rebounded this week. While McBride said he is confident that China will hold up to its end of the agreement, it won’t do much for the soybean markets. The team at Allendale can be reached by calling 800-262-7538,...
Previewing President Trump’s visit to China and ag trade topics
United States President Donald Trump and Xi Jinping, the President of China, are scheduled to meet this week in Beijing. The meetings will take place on May 14th and 15th with the two sides expected to discuss trade and tariffs, the conflict in Iran and the Strait of...
Iowa lands Vylor seed genetics headquarters
Governor Kim Reynolds today announced that Corteva will locate the global headquarters of Vylor, its future independent seed and genetics company, in Johnston, Iowa, following its planned separation later this year. “With Pioneer’s century-long legacy in seed...
Ernst talks fertilizer costs, trade, and supply chains
Fertilizer supplies and pricing continue to be a major concern for farmers as global tensions and trade uncertainty influence the ag economy heading towards the second half of the growing season. While many producers were able to secure products ahead of spring...
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,...
National Farmers Union endorses “Fertilizer Transparency Act”
American farmers are feeling the pressure of high fertilizer costs, and the National Farmers Union is bringing that message to Capitol Hill. Layla Soberanis, NFU senior government relations representative, said the organization has endorsed a newly introduced bill...
Grassley discusses E15 vote in the House
The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...
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More Ag News
Iowa Farm Bureau accepting applications for “Grow Your Future” award
Iowa Farm Bureau is now accepting applications for its Grow Your Future Award, offering one young farmer $10,000 to scale their ag-related business. The competition highlights Farm Bureau members ages 18 to 35 who are building creative, value-added businesses from...
Feenstra says year-round E15 has strong bipartisan support
On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy...
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...
Latest Cattle on Feed Report hints at minor herd rebuild
April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...
Year-round E15 passes House by the skin of its teeth
After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...
