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South American Weather and Crop Update (8-4-26)
As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride said harvest progress is still behind for the safrinha crop in Brazil. McBride said harvest progress is also slightly behind in Argentina. The team at Allendale can be reached by calling 800-262-7538, or you can visit...
Corn and soybean inspections dropped last week
Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...
Soybean trends in USDA July balance sheets
The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...
High input costs remain a top concern for U.S. producers
The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason...
Two wars add uncertainty to grain markets
Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...
July started with heavy rain but has since dried out
This month has already been a crazy one when it comes to the weather. July started off with unrelenting rainfall across much of central Iowa, but since then it has transitioned to a warm and dry pattern. Dan Bjorklund, technical agronomist with Landus Cooperative,...
Drought coverage shrinking across most of the U.S
Spring and early summer rainfall has helped to shrink the drought coverage area in the United States. USDA meteorologist Brad Rippey says the U.S. Drought Monitor looks vastly different as of July 7th compared to the drought monitor maps of April 2026. The areas of D3...
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Mexico removes pseudorabies restrictions on U.S. pork offal
Mexico this week removed all pseudorabies (PRV) related restrictions on U.S. pork offal products. As U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror explains, this comes as a big relief since the temporary restrictions had...
Iowa Farm Bureau Economic Summit puts spotlight on trade and the future of agriculture
Iowa Farm Bureau held its 2026 Economic Summit on Friday July 17th at the FFA Enrichment Center in Ankeny on the DMACC campus. Iowa Farm Bureau President Brent Johnson tells the Iowa Agribusiness Radio Network that the goal of the Economic Summit was to bring together...
No relief in sight for difficult farm economy
Farmers and ranchers are continuing to struggle with a difficult farm economy. Unfortunately, a study from the American Farm Bureau Federation shows the economic situation in rural America will only get worse. Faith Parum, an economist with the American Farm Bureau...
NCGA recognizes Rep. Feenstra with President’s Award
The National Corn Growers Association recognizes Rep. Randy Feenstra with its highest honor, the President’s Award. Feenstra, who serves on the House Agriculture Committee, has been a long-standing champion for corn grower priorities, especially for expanding ethanol...
USDA invests $500 million in processors
The U.S. Department of Agriculture is investing $500 million to strengthen the nation's beef processing capacity through its Strengthening Processing for U.S. Ranchers, or SPUR, program. The funding is aimed at small and midsize meat processors, which USDA defines as...
