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Impacts of Argentina’s export tax cut

Impacts of Argentina’s export tax cut

It was recently announced that Argentina cut its export tax by 2%, which creates even more of a price gap with U.S. soybean prices. However, the global demand situation is too complex to trade just on prices alone. Allendale commodity broker Greg McBride said the private buyers will likely follow the prices. On the other hand, the government agencies will likely continue with their purchases of U.S. soybeans due to the trade deal framework. The team at Allendale can be reached by calling...

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Congress wanting more action on trade

Congress wanting more action on trade

Trade is a topic of much discussion in agriculture. Our industry thrives on what we send overseas, and other countries depend on our goods that help to feed the world. However, the economic situation around the globe, and especially here at home, has made for some...

Tense exchange on US-Mexico corn dispute in the House

Tense exchange on US-Mexico corn dispute in the House

The still-unresolved dispute with Mexico over its limits on genetically modified corn made for a tense exchange between a Nebraska GOP lawmaker and U.S. Trade Representative Katherine Tai at a recent House Ways and Means Committee hearing. Adrian Smith (R-NE) did not...

Secretary Naig announces 20 Choose Iowa dairy innovation grants

Secretary Naig announces 20 Choose Iowa dairy innovation grants

Iowa Secretary of Agriculture Mike Naig today announced that 20 Iowa dairies across 12 counties have been awarded Choose Iowa Dairy Innovation Grants to increase on-farm dairy processing, incorporate labor saving technology, and expand the availability of Iowa dairy...

Audubon FFA members talk mission trip with GoServ Global

Audubon FFA members talk mission trip with GoServ Global

This past winter, members of the Audubon FFA chapter went on a mission trip to Liberia with GoServ Global to help build homes for those who are in need of shelter. GoServ Global provides support to all people who are in need, and a lot of that support comes in the...

Impacts of Argentina’s export tax cut

U.S. Export Sales Report (4-18-24)

This week’s export sales were very even keeled. This is great for the soybeans, which have been underperforming, but is not as good for corn, which had been more towards the other end of the spectrum. Allendale commodity broker Greg McBride gave an update on the...

John Deere new S7 combines ready for this year’s harvest

John Deere new S7 combines ready for this year’s harvest

It may be tough to think about combines while we are still trying to get the planting finished for this growing season. However, in the grand scheme of things, it won’t be all that long before we are going to be tuning up our harvesting equipment for the fall. If you...

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Strong potential for U.S. pork in Indonesia

Strong potential for U.S. pork in Indonesia

With support from the National Pork Board, U.S. Meat Export Federation (USMEF) Chair Randy Spronk recently traveled to Indonesia to see the market potential firsthand. While Indonesia is a majority Muslim country, Spronk said there is strong potential for U.S. pork...