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U.S. Export Sales Report (5-21-26)

U.S. Export Sales Report (5-21-26)

As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said the soybean sales rebounded this week. While McBride said he is confident that China will hold up to its end of the agreement, it won’t do much for the soybean markets. The team at Allendale can be reached by calling 800-262-7538,...

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Secretary Naig returns from trade trip to Mexico

Secretary Naig returns from trade trip to Mexico

Last week Iowa Ag Secretary Mike Naig embarked on a trade trip to Mexico. Our southern neighbor is one of our most important trading partners in the world. We must keep the dialogue open through the agreements and the disputes that we have with each other. We must...

AAI honoring Bill Northey’s legacy with “The Northey Building”

AAI honoring Bill Northey’s legacy with “The Northey Building”

The Agribusiness Association of Iowa (AAI) Foundation recently announced that its building will be named “The Northey Building” in order to honor the late Bill Northey. Mark White, board chair of the AAI Foundation, said it was an easy decision to honor Northey’s...

South American Weather and Crop Update (2-27-24)

South American Weather and Crop Update (2-27-24)

A bit of dryness in the upcoming forecast, but that will actually help harvest progress to continue to move along. Allendale commodity broker Ben Breisch gave an update on the latest weather conditions. Breisch said that harvest and planting progress in Brazil is...

NCBA cites priorities for elusive farm bill

NCBA cites priorities for elusive farm bill

The cattle industry is the latest farm sector to weigh in on its priorities for the ever-elusive farm bill. National Cattlemen’s Beef Association Policy Division Chair Kim Brackett says NCBA’s top policy priority is the farm bill. Brackett’s comments are similar to...

United States cattle on feed up slightly

United States cattle on feed up slightly

USDA ended last week with the monthly Cattle on Feed Report showing slightly higher inventories on February 1. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million. The inventory...

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Large loss of Midwest farmland

Large loss of Midwest farmland

The loss of agricultural land to different types of development is a long-standing topic at the national and state level. The University of Illinois’ Farmdoc Daily says development accounted for 55 percent of the 1.6 million acres lost in eight Midwestern states...