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U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said the soybean sales rebounded this week. While McBride said he is confident that China will hold up to its end of the agreement, it won’t do much for the soybean markets. The team at Allendale can be reached by calling 800-262-7538,...
USDA details plan to boost fertilizer availability
Fertilizer prices have been a thorn in the side of farmers for several years and the conflict with Iran has only worsened the problem with the strait of Hormuz closure slowing shipping. Ag Secretary Brooke Rollins recently announced measures to alleviate some of the...
Farm bill talks intensify in Congress
Congressional leaders are preparing for renewed debate over the next Farm Bill. Producer organizations are pressing lawmakers to strengthen the farm safety net as growers face weak crop prices, elevated borrowing costs and uncertainty over export demand. Reuters...
Rural lenders eye finish line for overdue Farm Bill
After years of delays and temporary extensions, the long-awaited Farm Bill could finally move forward as lawmakers prepare to bring it to the House floor this week. For agricultural lenders like Farm Credit, the bill represents far more than traditional farm programs....
South American Weather and Crop Update (4-28-26)
The weather in Brazil is continuing to dry out, which is causing concerns as the crops go through the critical pollination phase. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said harvest is slowly...
Now is a great time for cattle producers to make succession plans
Farm and ranch families across the country are beginning to realize that succession planning can’t wait any longer. Dr. Shannon Ferrell, an agricultural economist at Oklahoma State University said now is a great time to think about succession planning with the current...
Grassley discusses path forward for permanent E15 legislation
A recent introduction of an amendment to the House farm bill would permanently allow nationwide, year-round sales of E15 and would help provide certainty to corn growers and fuel retailers. United States Senator Chuck Grassley (R-IA) was asked about the decision to...
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More Ag News
Inspiring consumers to add more pork to their diets
The National Pork Board’s Retail Advisory Committee (RAC) meeting serves as a direct, industry-focused platform to connect retail leaders with key insights into the organization’s consumer campaigns and third-party consumer research. Neal Hull, NPB’s director of state...
U.S. beef has great new opportunities in the UK marketplace
U.S. beef recently regained duty-free access to the United Kingdom under a 13,000 metric ton quota included in the trade framework reached by the Trump administration last year. The quota provides the first zero-duty access to the UK since its exit from the European...
Examining the factors currently influencing the grain markets
Geopolitics, trade, and weather are all making an impact on the grain markets in recent weeks and that trend looks to continue as the calendar turns to May. Commodity broker Greg McBride of Allendale says that the upcoming meeting between President Trump and Xi...
New tariff push raises farm trade concerns
New efforts by the Trump administration to impose fresh import tariffs are drawing concern across U.S. agriculture, where producers fear another round of retaliatory trade measures could weaken export demand for key commodities. The administration is pursuing...
Ernst: Senate Path tough after House Farm Bill vote
The U.S. House has passed its version of the Farm Bill, but the focus now turns to the Senate, where the path forward is expected to be more difficult. While in Washington last week, I spoke with Iowa Senator Joni Ernst just as the House was preparing to vote on...
