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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...
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...
Uncertainty around Brazil’s production forecast for 2027
Brazil’s corn and soybean crops could have a major impact on global grain markets. Joanna Colussi, a research assistant professor of agricultural economics at Purdue University, identified fertilizer as the root of the problem. Colussi discussed how the stagnant...
Screwworm far from Iowa, but worth watching
New World Screwworm remains hundreds of miles from Iowa, with confirmed cases confined to parts of Texas, New Mexico, and Mexico. While there is no indication the pest is moving into Iowa anytime soon, state officials say it's important for livestock producers to...
Heavier cattle weights bring bonuses and challenges at marketing time
As everyone knows by now, the total number of cattle in the U.S. herd is historically low. One of the ways that the low supply is being compensated for to meet the high demand for beef is by keeping cattle on feed longer and feeding them to heavier finishing weights....
Soybean growers applaud Supreme Court decision on glyphosate
The American Soybean Association is praising a U.S. Supreme Court ruling that federal pesticide labeling requirements take precedence over state failure-to-warn claims. The decision in Durnell v. Monsanto found that pesticide labels approved under federal law cannot...
Year-round E15 and farm aid included in Iran supplemental request
In a major breakthrough for U.S. agriculture, President Trump has included year-round E15 and billions of dollars in new farm aid in his Iran war supplemental request to Congress. The almost $88 billion war request was signed by Trump’s budget director Russel Vought...
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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...
