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South American Weather and Crop Update (5-21-24)
Completely opposite to what we’re experiencing right now, there’s some dryness across much of Brazil right now. This is starting to raise some concerns for the safrinha crop. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. The dryness in Brazil is projected to continue in the longer-term forecasts as well. At the very least, the dry conditions are allowing the current harvest in Brazil to continue smoothly. Harvest in Argentina is still behind, but it’s...
Spring warmup can be dangerous for stored grain
Spring warmup can be hard on stored grain, as the sun can cause bins to heat up very quickly. GSI District Manager Dave Ellis said it’s important to properly manage grain bins. Eilis said temperature management is key to proper grain storage. Ellis added that remote...
Ag loan interest payments are starting to soar
The economy is in a tough spot across the board, no matter how government officials want to try and spin it. Interest rates are climbing higher and that is causing problems for borrowers, especially in the agriculture sector. Agricultural operating loans, land loans,...
Benson Hill incorporating soybean meal into broiler chicken feed
Benson Hill recently conducted a feeding trial with Perdue Farms to showcase the ability of soybean meal to reduce feed costs while maintaining performance when used in the diets of broiler chickens. The soybean meal in this study was derived from Benson Hill’s...
South American Weather and Crop Update (5-14-24)
A mix of moisture is still sitting over South America. Some regions are dry, and some are getting too much rain. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. CONAB just released its updated crop projections for Brazil and...
Iowa crop progress and condition report
Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...
NK soybeans striving for “versatility and consistency” in 2024
Each year more Midwestern farmers are adopting the practice of early soybean planting. When conditions allow for early planting, farmers are opting to plant soybeans earlier in the hopes of eventual increased yields. However, during a tricky planting season like the...
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Grassley and Ernst lead Iowa delegation in asking for federal aid
Senators Chuck Grassley (R-IA) and Joni Ernst (R-IA) led the state’s delegation in calling on USDA Secretary Tom Vilsack to swiftly approve Iowa’s request for federal assistance. Governor Kim Reynolds and Iowa Secretary of Agriculture Mike Naig made the request on...
School breakfast programs start to incorporate meat again
When it comes to creating a marketplace for our products, we tend to put a lot of focus on developing international markets. That is good because we produce far more food than we hope to consume. However, we cannot afford to overlook the demand we can create here at...
Grassley wary of Chinese response to increased tariffs
On Tuesday President Biden announced a surge of increased tariffs on imported Chinese products under Section 301 of 1974’s Trade Act. The tariff hikes will be applied to $18 billion worth of imports from China including electric vehicle batteries and computer chips....
Hog prices much more stable now than a year ago
After soaring to yearly highs recently, the hog prices, along with the rest of the livestock, have come back down to earth. While we would’ve liked to maintain those higher levels, it’s important to remember that hog prices were considerably worse just a year ago....
Deadline approaching for century and heritage farm applications
The June 1 deadline for eligible Iowa farm owners to apply for Century or Heritage Farm recognition is quickly approaching, and the Iowa Department of Agriculture and Land Stewardship is encouraging farm families to apply today. The program, which was created in...