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July WASDE report indicates tight grain supplies

July WASDE report indicates tight grain supplies

The July WASDE report was projected to be a friendly one, and it turned out to be even more friendly than expected. A significant cut to corn supplies and tightened supplies for soybeans and wheat indicate that there isn’t much leeway for weather issues in the back half of the growing season. Allendale commodity broker Greg McBride said the overall reduction to the old crop corn stocks was larger than expected. McBride said there was virtually no change to the corn production numbers. The...

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More changes to beneficial ownership filing requirement

More changes to beneficial ownership filing requirement

Farmers and ranchers who have been following the changes to beneficial ownership filing requirements may soon have a final decision and possibly some relief. Dustin Sherer, director of government affairs for the American Farm Bureau Federation, said the Financial...

NASDA remains focused on new farm bill

NASDA remains focused on new farm bill

With tariffs and trade news dominating the ag headlines in recent weeks it might feel like the passage of a new five-year farm bill has been moved to the back burner. However, that is not the case for the National Association of State Departments of Agriculture. RJ...

Flows increasing on Missouri River for navigation support

Flows increasing on Missouri River for navigation support

The updated 2025 calendar year runoff forecast for the Missouri River Basin above Sioux City, Iowa, continues to be below average. February runoff in the Basin above Sioux City was one million acre-feet, 91 percent of the average. “Runoff in the reservoir system was...

Bridgestone Tires: built for the field, ready for the road

Bridgestone Tires: built for the field, ready for the road

As farms continue to expand and spread out, farmers spend more time on the road traveling between fields. This means their equipment needs to handle both the demands of fieldwork and the increased wear of highway miles. Durable, high-performing tires are essential to...

U.S. Export Sales Report (3-6-25)

U.S. Export Sales Report (3-6-25)

Despite the tariff news weighing in on the ag marketplace, the export sales this week came withing expectations, which is better than what we have been seeing recently. Allendale commodity broker Greg McBride said it was a great week for corn. While the soybean...

Ag economy has been trending below growth neutral

Ag economy has been trending below growth neutral

A monthly survey of bank CEOs in 10 Midwestern states shows a dismal outlook. The report shows the February score fell to 38 on a zero to 100 scale, where 50 is growth neutral. This is the seventeenth time the score has been below growth neutral in the past eighteen...

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U.S. Export Sales Report (3-6-25)

U.S. Export Sales Report (6-12-25)

This week’s export sales had some very nice numbers, but much of that was ignored with the recent announcements from the EPA. Allendale commodity broker Greg McBride gave an update on the latest export sales from the USDA. McBride said there could be some beneficial...