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Farmers spent $1.4B more on diesel during planting season

Farmers spent $1.4B more on diesel during planting season

A new study by Joint Economic Committee Democrats found that farmers of key crops in the U.S. spent $1.4 billion more on diesel fuel during the 2025–2026 planting season than they did last season, reports Successful Farming. The increase in diesel spending to plant corn, soybeans, wheat, cotton, and rice was a 63% jump year-over-year. Illinois, Iowa, and Minnesota had the highest increase overall. According to Michigan Farm News, the cost doesn’t take into account other war-related increases...

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Iowa farmers urged to keep tar spot from ruining bumper crop

Iowa farmers urged to keep tar spot from ruining bumper crop

Iowa has received plenty of rain recently, and the temperatures have finally cooled off as well. On top of that, we’re looking at one of the biggest crops in recent history. Southwest Iowa Beck’s Agronomist Nate Meyer said he’s not sure that he’s ever seen such a big...

South American Weather and Crop Update (7-30-25)

South American Weather and Crop Update (7-30-25)

The weather in South America has still not changed much, with farmers in Brazil and Argentina seeing mostly clear and dry conditions. Allendale commodity broker Greg McBride said there are scattered rain showers, but otherwise the weather remains status quo. The dry...

Basis matters now, say Midwest ag economists

Basis matters now, say Midwest ag economists

Tight corn supplies might normally trigger a rally in the market, but so far, that hasn’t been the case. Despite strong demand and dwindling stocks, futures prices have stayed relatively steady. That’s because—while the numbers show a squeeze—markets may be confident...

Argentina makes permanent tax cuts to ag exports

Argentina makes permanent tax cuts to ag exports

Recently, Argentina President Javier Milei announced permanent export tax cuts for a wide variety of agricultural commodities. The biggest impact globally will be seen in the soybean marketplace, as Argentina is the world’s largest exporter of soybean meal. Allendale...

Bullish news hard to find in current ag marketplace

Bullish news hard to find in current ag marketplace

A current snapshot of the ag marketplace shows front month corn below $4 and soybeans below the $10 mark. Unfortunately, there isn’t a lot of bullish news for the markets to react to right now to generate positive price movement. John Heinberg is a Market Advisor with...

Trade agreements will benefit Iowa grain and livestock producers

Trade agreements will benefit Iowa grain and livestock producers

A flurry of recent trade agreements and frameworks have been announced by the Trump administration ahead of the looming August 1 reciprocal tariff implementation deadline. Faith Parum, an economist with the American Farm Bureau Federation, said several of the deals...

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AFBF asks Congress and White House for farm aid

AFBF asks Congress and White House for farm aid

Farmers and ranchers are facing extreme economic pressures. The overall U.S. farm economy is in very bad shape, and the long-term viability of the sector is in danger. Brian Glenn, director of government affairs for the American Farm Bureau Federation, said costs have...