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AgMarket.Net releases USDA Acreage report estimates
Next week, we will finally see the much-anticipated USDA Acreage report. The March Planting Intentions report showed a shift of corn acres to soybean acres, and many estimates are showing that even more acres may have shifted to soybeans since then. Garret Arndorfer, hedging strategist at AgMarket.Net, said their estimates have combined corn and soybean acres at 180.2 million due to low prevent planting. Arndorfer said fertilizer prices, supply challenges, and excessive moisture across parts...
Canada reacts to the election of Trump
We know that during the first Trump administration, an aggressive trade policy was implemented. Tariffs and trade wars were the terms most used during that time. One trade battle was fought with our closest neighbors, Mexico and Canada. The old North American Free...
U.S. Export Sales Report (11-7-24)
Strong export sales were reported again this week by the USDA. The hope is that these sales will continue past the week of the election. Allendale commodity broker Greg McBride gave an update on the latest numbers. Recent flash sales have actually lightened up a...
National FFA leadership team has wide variety of farm experience
Thirty-seven candidates vied for the honor of being elected to the 2024-2025 National FFA Leadership Team during the recent National FFA Convention. This year’s team has a wide variety of farm experience, but they all share a common passion for agriculture. Mary...
Soybean markets turning more attention to planting in South America
As harvest wraps up in the United States, oilseed markets are turning more attention to planting progress in South America. USDA Outlook Board Chairman Mark Jekanowski says the markets have a new focus. He says oil seed analysts and traders are paying close attention...
Treasury expands foreign land purchase oversight
The U.S. Treasury Department issued a final rule that significantly expands its ability to review real estate transactions by foreign persons near more than 60 military bases across 30 states. The Treasury, as Chair of the Committee on Foreign Investment in the United...
Is Ag in a recession? It depends on who you ask
We talked earlier in the week about the October Rural Mainstreet Index numbers being less than stellar. But what does that mean for the Ag industry? It all depends on who you ask. Most economists agree that things are slower and more sideways than in recent years, and...
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More Ag News
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
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...
Cattlemen waiting to see the impact of tariffs on bottom lines
As the tariff back-and-forth continues between the United States and some of its most important ag trade partners various ag groups are intently watching for the effects on producers’ bottom lines. Buck Wehrbein, president of the National Cattlemen’s Beef Association,...
Nominate a conservation leader for the Iowa Farm Environmental Leader Award
Gov. Kim Reynolds, Secretary of Agriculture Mike Naig and Department of Natural Resources Director Kayla Lyon invite Iowans to nominate individuals or families who are conservation leaders in their community for the 2025 Iowa Farm Environmental Leader Award. The award...
Skor optimistic about future of E15 and biofuels
The future of biofuels, particularly E15, remains a crucial element in Expanding E15 availability could boost the agricultural sector and reduce reliance on foreign oil. However, overcoming regulatory barriers and updating fueling infrastructure will be essential for...
