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NASS reports corn ending stocks 35% higher than last year
Higher than expected corn production numbers were negative for the grain markets today and implied lower demand. According to the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS), old crop corn stocks on hand as of September 1st, 2026, totaled 2.10 billion bushels, up 35% from the same day last year. Allendale commodity broker Greg McBride said this is significantly above what we saw in the September WASDE report a couple weeks ago. McBride said this indicates...
South American Weather and Crop Update (9-22-26)
As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...
Financial pressure persists for corn and soybean farmers
A new survey of corn and soybean farmers finds financial pressure remains high despite recent improvements in commodity prices. The National Corn Growers Association and American Soybean Association report nearly two-thirds of growers are moderately or very concerned...
Naig urges safety as harvest impatience grows
Rain has kept many Iowa combines parked as farmers wait for fields to dry, and with October approaching, the desire to finally get harvest underway continues to build. Iowa Secretary of Agriculture Mike Naig said that anticipation is evident as he travels across the...
Details from September Cattle on Feed Report
USDA published the September Cattle on Feed Report on Friday September 18th, and the report shows another increase in cattle and calves on feed. That’s according to USDA livestock analyst Anthony Fischer. However, Fischer says that when examining cattle that were...
Long-term effects of data centers must be considered
As the development of large-scale data centers continues to be pushed in rural areas, many communities across the nation have one major question: what is the long-term impact on the local environment? University of Illinois environmental science student Bruce Beam...
Mandatory Country-of-Origin Labeling advances with Senate farm bill
Mandatory country-of-origin labeling for beef moved closer to returning after the Senate Agriculture Committee advanced its version of the 2026 farm bill. The legislation includes an amendment tied to the American Beef Labeling Act that would restore mandatory...
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BASF pleased with herbicide weed control in 2026
This crop season has been defined by heavy rains across much of Iowa, especially as we get into harvest. Mid-season rains made weed control more difficult, but BASF has heard a lot of good feedback about the performances of their herbicide portfolio. Kurt Maertens of...
Trump administration weighs diesel export ban
Record-high diesel prices are pressuring farmers heading into harvest, and the Trump administration is considering whether restricting diesel exports could provide relief. Treasury Secretary Scott Bessent says officials are examining whether a full or partial export...
China’s ag purchase pledge back in spotlight ahead of Trump-Xi meeting
President Donald Trump and President Xi Jinping of China are set to meet Thursday September 24th in Washington D.C. Jim McCormick, co-founder of AgMarket.net, says that the agriculture industry will be closely following the meeting to determine what agriculture topics...
Oil prices move lower in response to peace talk rumors
After weeks of steady improvement, oil prices traded lower to start this week as they were down 4-5% in Monday’s trading action. Patrick DeHaan, senior petroleum analyst at Gasbuddy.com, said the markets are likely hopeful that the Trump administration is going to...
Naig warns against rushing fall applications
Recent rains have delayed harvest across Iowa, but the wet conditions are also putting more attention on water quality and how farmers manage nutrients and conservation practices heading into the fall. Iowa Secretary of Agriculture Mike Naig says the recent rainfall...
