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December WASDE didn’t bring much for the grain markets
As expected, the December WASDE report did not bring much news for the corn and soybean markets to react to. The most significant change came to the corn carryout numbers, which caused the prices to move up slightly. Allendale commodity broker Greg McBride gave a breakdown of the numbers. McBride said this report will hopefully put a bottom in on the corn markets. Moving forward in the short term, McBride said there likely won’t be any huge changes to the market trends yet. Instead of USDA...
What to expect from La Nina weather pattern this winter
It has been over a month since the National Weather Service officially declared the La Nina weather pattern for North America this winter. USDA meteorologist Brad Rippey says a La Nina winter has been the norm in recent years. Rippey describes the winter weather that...
Jay Theiler of Agri Beef Company elected chair of USMEF
The U.S. Meat Export Federation (USMEF) concluded its Strategic Planning Conference in Indianapolis Friday with election of new officers. Chairing USMEF for the 2025-26 term is Jay Theiler, executive vice president of corporate affairs for Agri Beef Company in Boise,...
Naig: USDA is back and Iowans stayed committed
The federal government is back open following the longest shutdown in United States history. Congress reached an agreement late last week, the President signed it, and agencies have been working their way back to normal ever since. USDA entered the restart period in a...
Grain markets react negatively to November WASDE
Friday brought us the first WASDE report in two months, and the markets had lofty expectations. However, the figures from this report were disappointing and caused a negative reaction in the grain prices to end the week. Allendale commodity broker Greg McBride said...
Increased biofuel demand could boost farm economy
At a time when the farm economy is facing a downward turn, farmers and ranchers are looking for expanded market opportunities. Faith Parum, an economist with the American Farm Bureau Federation, said increased biofuel production could be one avenue to increase farm...
The push for a skinny farm bill before the end of the year
Senator Chuck Grassley (R-IA) was asked on Friday if a skinny farm bill can be passed before the end of the year. Grassley says that Senate Ag Chairman John Boozman (R-AR) is working towards that goal. Grassley expands on the landscape of the Senate and potential...
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Leveraging genetic diversity to combat annual crop issues
Farmers have to deal with unique combinations of diseases, weather events, and pests each crop season. Fortunately, there are things they can do to mitigate the risks of these annual problems. LG Seeds Agronomist Dave Hoy said genetic diversity is one of the main...
Record corn crop and supply and use forecasts
In the latest USDA forecast how is the record corn crop expected to be divided between supply and demand? World Agricultural Outlook Board Chair Mark Jekanowski breaks down some of the details. The season ending average price for corn was $4.00 per bushel, that’s a...
U.S. Export Sales Report (11-20-25)
With the government slowly reopening, the weekly government reports- including the export sales- are covering the data that was missed during the shutdown. Allendale commodity broker Greg McBride said it will take a while for the government to catch up. This report...
Secretary Naig congratulates winners of the Iowa Restaurant Association’s culinary competition
Iowa Secretary of Agriculture Mike Naig today congratulated the winners of the Iowa Restaurant Association’s (IRA) Culinary Competition. The annual event highlights the creativity, skill and imagination of Iowa’s top chefs while celebrating the depth and diversity of...
Lenders want clear plans as farmers seek 2026 credit
Farmers are already looking ahead to the next growing season, and that means it is time to start preparing for an operating line of credit for 2026. Lenders want to see more than a basic snapshot of your plans. They want a clear picture of how you intend to manage the...
