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U.S. Export Sales Report (12-11-25)

U.S. Export Sales Report (12-11-25)

The weekly export sales are continuing to catch up to where we are currently in the calendar year. This week’s sales covered data through the week of November 13th. Allendale commodity broker Greg McBride said the data showed a good week for both corn and soybeans. McBride said there have also been flash sales of soybeans to China, which is adding on to the progress towards the 12 million metric ton goal. McBride added that the markets will keep an eye on the export situation even as the...

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Deadline approaching for century and heritage farm applications

Deadline approaching for century and heritage farm applications

The June 1 deadline for eligible Iowa farm owners to apply for Century or Heritage Farm recognition is quickly approaching, and the Iowa Department of Agriculture and Land Stewardship is encouraging farm families to apply today. The program, which was created in...

Spring warmup can be dangerous for stored grain

Spring warmup can be dangerous for stored grain

Spring warmup can be hard on stored grain, as the sun can cause bins to heat up very quickly. GSI District Manager Dave Ellis said it’s important to properly manage grain bins. Eilis said temperature management is key to proper grain storage. Ellis added that remote...

Ag loan interest payments are starting to soar

Ag loan interest payments are starting to soar

The economy is in a tough spot across the board, no matter how government officials want to try and spin it. Interest rates are climbing higher and that is causing problems for borrowers, especially in the agriculture sector. Agricultural operating loans, land loans,...

Benson Hill incorporating soybean meal into broiler chicken feed

Benson Hill incorporating soybean meal into broiler chicken feed

Benson Hill recently conducted a feeding trial with Perdue Farms to showcase the ability of soybean meal to reduce feed costs while maintaining performance when used in the diets of broiler chickens. The soybean meal in this study was derived from Benson Hill’s...

South American Weather and Crop Update (5-14-24)

South American Weather and Crop Update (5-14-24)

A mix of moisture is still sitting over South America. Some regions are dry, and some are getting too much rain. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. CONAB just released its updated crop projections for Brazil and...

Iowa crop progress and condition report

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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U.S. Export Sales Report (9-6-24)

U.S. Export Sales Report (9-6-24)

As the U.S. continues to have discounted grain in the global market, the export sales need to be following along as countries take advantage of the opportunity for cheaper corn and soybeans. Allendale commodity broker Greg McBride gave an update on the latest report...

What’s keeping farmland prices high?

What’s keeping farmland prices high?

The farmland market across the Midwest is resilient. While the markets have been pushing lower for almost a year and reaching below breakeven levels, Doug Hensley, President of Hertz Farm Management, says we’ve not seen land prices retreat in a similar fashion. While...