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South American Weather and Crop Update (5-19-26)
After several weeks of dry weather that started to raise concerns over crop conditions, farms in Brazil finally found some relief in some timely rains. Allendale commodity broker Ben Breisch said that rain may have still come in a little too late, however. Breisch said those weather concerns have allowed U.S. grain- particularly corn- to have a price advantage over Brazil when it would normally be the other way around. As a result, Breisch said now is a good time for U.S. farmers to be selling...
Dairy checkoff partnership brings hot chocolate to schools
A dairy checkoff partnership is putting hot chocolate milk into the hands of students during a pilot with a leading school foodservice company. National Dairy Council and Chartwells K12, which serves more than two million meals daily at 700 U.S. school districts, have...
Chief Ag Negotiator says Ag Trade “has gone well” the past years
The ups and downs of trade these past few years have been at the forefront of the market prices, and the Ag economy. We have enjoyed higher prices for our goods, but that also means that our goods are expensive on the global market, and we are having to fight for our...
Overcoming trade barriers to expand U.S. beef trade
U.S. Agricultural Negotiator Doug McKalip told the National Cattlemen’s Beef Association at the group’s CattleCon 24 that doing away with non-tariff trade barriers means that face-to-face talks need to happen with some of the U.S.' biggest trading partners. McKalip...
U.S. Export Sales Report (2-9-24)
A lot of the buzz yesterday was focused on the February WASDE, but we saw the release of the weekly export sales as well. Now, the report didn’t contain any real market movers, but it’s still important to keep an eye on the export situation. Allendale commodity broker...
Farmers encouraged to attend Iowa Farm Bureau’s conference
Beginning farmers know the substantial initial investment it takes to farm, and those who currently farm are facing a projected 25% cut in their net farm income compared to last year. These situations have prompted interest in niche opportunities that require less...
Net farm income forecasted to see a record-setting decrease in 2024
The Economic Research Service forecasts that farm income will decrease by 25 percent in 2024. Danny Munch, an economist with the American Farm Bureau Federation, said it’s the largest year-to-year dollar decrease in net farm income on record. Munch said there are two...
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More Ag News
Weather has generally been friendly to corn and soybeans
As we enter the late July growing period the weather nationally is for the most part cooperating during a key part of the growing season. Right now, there are not any major weather concerns for the stretch run of July says USDA meteorologist Brad Rippey. Nationally...
Over 500 organizations unite for new farm bill
The American Farm Bureau Federation, along with 529 other organizations, urged lawmakers to prioritize programs that benefit all American families, emphasizing that they are too important to delay any further. Joe Gilson, the director of congressional relations for...
U.S. Export Sales Report (7-25-24)
As we approach the end of the marketing year, the export sales have picked up a little bit. Allendale commodity broker Greg McBride gave an analysis of the latest numbers from the USDA. While it’s good to see sales like this, especially for soybeans, McBride said it...
Defense Department backs off lab-grown meat
The National Cattlemen’s Beef Association confirmed that the effort to prevent ultra-processed, lab-grown protein in the diet of the American armed forces was successful. The announcement came following news that the U.S. Department of Defense is not pursuing...
HPAI/H5N1 update from Secretary Naig
Whether you call it “bird flu”, “High-Path Avian Influenza”, or “H5N1” we have been watching this disease move about the country in birds and dairy cattle. Iowa has not been spared, but we haven’t gotten the brunt of it either. We get a full update from Iowa Ag...
