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Grassley sows doubt on farm bill’s Senate prospects

Grassley sows doubt on farm bill’s Senate prospects

The U.S. House of Representatives passed its version of the farm bill on April 30th by a 224–200 vote. With passage through the House, this is the furthest a farm bill has advanced since 2018. However, despite passage in the House, the farm bill still has a long way to go to make it through the Senate. United States Senator Chuck Grassley (R-IA) says his recent conversations with Senate Ag Chair John Boozman have left him less than optimistic for a Senate farm bill. Grassley says the House...

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Farmers already expect higher breakeven prices in 2027

Farmers already expect higher breakeven prices in 2027

The Purdue University/CME Group's Ag Economy Barometer declined in April as economic uncertainty caused a dip in farmer optimism for the future of their operations. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, says that corn...

USDA says Iowa near major weather boundary

USDA says Iowa near major weather boundary

Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...

It’s still too risky to ship fertilizer globally

It’s still too risky to ship fertilizer globally

The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed-...

South American Weather and Crop Update (5-6-26)

South American Weather and Crop Update (5-6-26)

Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a...

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U.S. Export Sales Report (5-7-26)

U.S. Export Sales Report (5-7-26)

Once again the corn sales were strong this week, and the soybean sales were disappointing. Allendale commodity broker Greg McBride gave an update on the latest U.S. Export Sales Report. Even with the strong corn exports, McBride said the USDA will likely have to make...