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U.S. Export Sales Report (5-29-26)
This week’s export sales were on the lower end for both corn and soybeans. However, Allendale commodity broker Greg McBride said the corn sales are still at elevated levels. McBride said that the soybean sales, on the other hand, are still lagging behind. McBride said the flash sales have also been quiet recently, but that is typical for this time of year. The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
Farmers already expect higher breakeven prices in 2027
The Purdue University/CME Group's Ag Economy Barometer declined in April as economic uncertainty caused a dip in farmer optimism for the future of their operations. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, says that corn...
Iowa Farm Bureau Federation names Katherine Mackenzie young farmer program coordinator
The Iowa Farm Bureau Federation (IFBF) has named Katherine MacKenzie as its young farmer program coordinator. MacKenzie began her Farm Bureau career on April 20, serving as the primary point of contact for young farmer members and working closely with IFBF’s Young...
USDA says Iowa near major weather boundary
Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...
It’s still too risky to ship fertilizer globally
The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed-...
South American Weather and Crop Update (5-6-26)
Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a...
Helping Iowa’s growers prepare for whatever the crop season throws at them
When building their plans for the 2026 growing season this spring, farmers have been making tough decisions across the board. Decisions on high priced fertilizer and whether to cut back on inputs are being made as growers encounter lower prices for their commodities...
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Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that,...
National Farmers Union endorses “Fertilizer Transparency Act”
American farmers are feeling the pressure of high fertilizer costs, and the National Farmers Union is bringing that message to Capitol Hill. Layla Soberanis, NFU senior government relations representative, said the organization has endorsed a newly introduced bill...
Grassley discusses E15 vote in the House
The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...
DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are...
Western drought intensifies despite Midwest rainfall
Recent rainfall across Iowa and much of the eastern Midwest has helped improve soil moisture conditions heading into the growing season, but USDA Chief Meteorologist Brad Rippey says many areas farther west continue battling intensifying drought conditions. Speaking...
