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South American Weather and Crop Update (10-20-26)
As the future for U.S. grain demand looks uncertain, the success of the crops in South America could cause some heavy competition in the marketplace. Allendale commodity broker Teddy Tarvis said the weather in South America is still looking like it will be cooperative for a while. Planting progress in both Brazil and Argentina is also still slightly ahead of schedule, and the rain will help the planted crops get off to a good start. Once China finishes its soybean import obligation, demand for...
Soybean prices plummet following Trump-Xi meeting
After the much-anticipated trade meeting between United States and Chinese trade officials and Presidents Donald Trump and Xi Jinping, the results for U.S. agriculture appear to be a mixed bag. While China did agree to reduce tariffs on a wide range of U.S. farm...
Rain-delayed soybean harvest leaves Midwest processors scrambling for supplies
Persistent rain across parts of the Midwest is delaying the soybean harvest, tightening supplies and forcing processors to offer large premiums for immediate deliveries. Reuters reports some soybean crushing plants have reduced production as old-crop supplies dwindle...
Farm Crawl opens doors to Iowa agriculture
Fall in Iowa means harvest, football, pumpkin patches, and apple orchards. But it can also be an opportunity to get off the highway, travel some of Iowa’s back roads, and see just how many different products are being produced by farms and small businesses across the...
BW Fusion names new CEO
Dean Williams, an ag industry veteran with over forty years of experience, has been named the new CEO of BW Fusion. With experience leading a wide range of ag businesses, Williams said he is excited to bring the company into its next phase of growth in biological crop...
Examining record corn exports
Will the 2026-27 commodity marketing year produce another record for U.S. corn exports? The 2025-2026 marketing year was a record year for U.S. corn exports and USDA Chief Economist Justin Benevidez was asked recently if the 26-27 marketing year can follow that trend....
U.S.-China summit leaves key agricultural trade issues unresolved
U.S. farmers are awaiting more details on agricultural trade after President Donald Trump and Chinese President Xi Jinping concluded talks Thursday without announcing a broader trade agreement. Reuters reports the countries extended their existing trade truce by two...
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U.S. Export Sales Report (10-1-26)
Following yesterday’s bearish Quarterly Grain Stocks report, this week’s export sales came in mixed for corn and soybeans. Allendale commodity broker Greg McBride said the corn sales are still behind the USDA’s expectations, which will likely cause a correction to be...
Crop harvest pace on track nationally despite Midwest weather delays
Harvest is off to a slow start in Iowa with many farmers unable to begin due to the wet weather conditions in the early portion of the fall season. Despite the delay in harvesting in parts of the Corn Belt and Midwest, USDA meteorologist Brad Rippey says that...
Old Farmer’s Almanac predicting a stormy first half of winter
Fall has officially started, and already a lot of focus is on what the weather might look like this winter. According to the Old Farmer’s Almanac, the first half of this coming winter might be similar to the winter of 1997-1998, which was one of the warmest and...
More farmer aid unlikely until after midterm elections
Republican lawmakers are warning that additional farm aid may not reach producers fast enough. Politico reported that Republicans are pushing to attach roughly $11 billion in direct farm assistance to a defense spending package. Payments likely would not arrive until...
USDA expands risk management options for farmers
Farmers enrolled in Agriculture Risk Coverage now have more flexibility when putting together their crop insurance protection. USDA Undersecretary for Farm Production and Conservation Richard Fordyce says a previous restriction prevented producers from purchasing...
