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U.S. Export Sales Report (10-1-26)
Following yesterday’s bearish Quarterly Grain Stocks report, this week’s export sales came in mixed for corn and soybeans. Allendale commodity broker Greg McBride said the corn sales are still behind the USDA’s expectations, which will likely cause a correction to be made in the October WASDE report. On the other hand, McBride said this week’s soybean sales rebounded, but there are concerns over the fact that China is really the only purchaser of U.S. soybeans right now. McBride said he could...
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...
USDA moving to modernize farm loan programs
The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny...
ARC and PLC enrollment underway
Enrollment is open now for acreage in the ARC or PLC safety net programs. USDA Farm Production Undersecretary Richard Fordyce says enrollment is open through early December for farmers to choose either program. Fordyce explains the ARC safety net program. He says that...
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More Ag News
Iowa grown food reaches more school cafeterias
The Choose Iowa Local Food for Schools program is expanding its efforts to connect Iowa schools with locally produced food after a successful pilot program last year. Iowa Secretary of Agriculture Mike Naig said the program was piloted last year before being made...
U.S. Export Sales Report (9-24-26)
A disappointing U.S. export sales report added to the negative tone in the markets as the ag industry waits to hear about the U.S.-China trade meeting. Allendale commodity broker Greg McBride said the corn exports continue to be behind pace for the new marketing year....
National Pork Board encourages farmers to take care during harvest
Woven into the We Care® Ethical Principles, One Health connects human health, animal health, and the health of the environment. Discussion topics during this week’s National Farm Safety and Health Week fit right into this, including mental well-being as a priority....
Rain makes grain but also halts combines
A stubborn high-pressure ridge has brought excessive moisture to areas of the United States, including the Great Plains and Midwest this summer. USDA meteorologist Brad Rippey says that the rain was welcome at first, but too much rain has become a problem in some...
Environmental group sues EPA for dicamba records
The Center for Biological Diversity filed a federal lawsuit against the Environmental Protection Agency, according to the National Agricultural Law Center. The suit claims the EPA failed to release records the group requested under the Freedom of Information Act about...
