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September WASDE report falls short of lofty market expectations

September WASDE report falls short of lofty market expectations

After seeing lower yields than expected from the Pro Farmer Crop Tour, the markets anticipated significant yield changes in the September World Agricultural Supply and Demand Estimates (WASDE) report. However, the USDA did not end up making as significant of adjustments as the marketplace was expecting. Allendale commodity broker Greg McBride said this was consistent throughout the corn side of the report. McBride said a lack of bullish data in the soybean side of the report contributed to a...

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New World Screwworm influence in the ag markets

New World Screwworm influence in the ag markets

The initial reaction in the ag marketplace to the first detection of New World Screwworm in a calf in south Texas in early June was a bit surprising to many market analysts. Generally, a negative headline can send the markets to the downside in a dramatic way, at...

Getting the most out of reciprocal trade agreements

Getting the most out of reciprocal trade agreements

Recently, the USDA hosted a trade mission to Argentina and Ecuador. While the two markets are distinct from each other, they also have many similarities. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg led the mission and said he was...

September WASDE report falls short of lofty market expectations

Soybean demand evolves beyond traditional export markets

Export markets have long been a cornerstone of demand growth for U.S. soybeans. As global populations expand and incomes rise, increasing protein consumption continues to create opportunities for soybean farmers. However, industry leaders say the future of soybean...

Neutral June WASDE report had little impact on grain prices

Neutral June WASDE report had little impact on grain prices

A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly...

Boozman says farm bill proposal coming soon

Boozman says farm bill proposal coming soon

Senate Ag Chair John Boozman says that the work on a bipartisan farm bill is about to yield results. Boozman says that the high prices of fertilizer and diesel fuel, labor and interest costs are all necessary reasons that farm policy needs to be updated and...

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Making every drop count

Making every drop count

Despite drones rapidly gaining popularity among farmers as a viable alternative for spraying, they remain a relatively new technology in farming. Tyler Steinkamp, technical agronomist for Winfield United, oversaw the station showcasing how droplets travel after...

Thinking about fall diesel fuel needs

Thinking about fall diesel fuel needs

Crude oil prices are returning to levels that were familiar before the United States war with Iran, but diesel and gasoline prices are still higher. It is expected that diesel and gasoline prices will recede to normal levels, but it may take a few months, probably at...