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Recapping a disappointing week in the grain market trade
It has been a difficult week of trade in the grains and oilseeds markets to say the least. Corn and soybeans grinded lower to begin the week and then saw significant losses on Thursday and Friday. Matt Bennett is the CEO and co-founder of AgMarket.Net and he tells the Iowa Agribusiness Radio Network that Thursday’s big price movement to the downside left producers feeling pessimistic to close the week. He details some of the losses for the corn contracts. One of the biggest drivers of the...
Emissions lawsuit against EPA filed on Tuesday
The National Corn Growers Association, American Farm Bureau Federation, and the Owner-Operator Independent Drivers Association joined the American Petroleum Institute in filing a lawsuit against the EPA. The suit, filed in the D.C. Circuit Court of Appeals, challenges...
United Soybean Board is committed to innovation
The secret to keeping the soybean markets strong is no secret. We have to keep driving demand for U.S. soybeans. It is imperative that we not only try to open up more international markets, but we also need to keep finding uses at home. The Soybean Checkoff sustains...
South American Weather and Crop Update (6-18-24)
Contrary to the ever-changing weather we’ve seen here in Iowa, the weather has remained status quo in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions. Fortunately, that weather hasn’t impacted the safrinha harvest in...
Ethanol on display at Iowa Corn Ethanol 350
Supporting Iowa’s World Class Corn Producers at the Iowa Corn Ethanol 350 this past weekend were our friends at the Iowa Corn Growers Association. Iowa corn farmers are among the most productive in the world and continue to get better, believe it or not, which...
New year farm bill funding boost not a given
Increased funding for the farm bill next year is not guaranteed. There is also no certainty that increased funding can be counted on for political support for a new five-year farm and nutrition bill. A streamlined budget process known as “reconciliation” allows the...
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...
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More Ag News
November WASDE looks mostly friendly for corn and beans
This busy news week is wrapping up with the November World Agricultural Supply and Demand Estimates (WASDE) report. While concerns over tariffs still remain, the ag marketplace has not adjusted sharply in either direction. Allendale commodity broker Greg McBride said...
Farmers need relief from economic conditions and natural disasters
A trifecta of natural disasters, high input costs, and poor economic conditions has made the last year difficult for farmers and ranchers. Betty Resnick, an economist for the American Farm Bureau Federation, says there is some relief on the way, but more is needed....
Biofuels industry hopes for year-round E15, improved 45z tax rule
The biofuels industry is beginning to look ahead to 2025 and the new administration taking over leadership in Washington D.C. Renewable Fuels Association Senior Vice-President for Government and Public Affairs Troy Bredenkamp says President-elect Trump has a record on...
Speculation starts on next Ag Secretary
Speculation has already begun on who the next Secretary of Agriculture will be when Donald Trump returns to the White House in January. Successful Farming says Texas Ag Commissioner Sid Miller, former ambassador Kip Tom, and Ted McKinney of NASDA are among a handful...
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...
