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August WASDE report drove U.S. grain prices higher
Overnight news of attacks on two Russian shipping ports had the markets higher to start the day, and the August WASDE report brought a few surprises that allowed to grain markets to hold on to those gains and go even further. Allendale commodity broker Greg McBride said the corn side of the report contained lower yields, increased acreage, and decreased ending stocks. McBride said the corn markets will need support from either the wheat or soybeans markets to get a foothold to climb higher,...
South American Weather and Crop Update (7-21-26)
Not much has changed in the weather patterns for Brazil and Argentina, as the conditions are still defined by a lack of rain. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. While the dry weather normally allows...
Nominations open for the 2026 Iowa Agribusiness Impact Award
The Agribusiness Association of Iowa (AAI) is now accepting nominations for the 2026 Iowa Agribusiness Impact Award, which recognizes individuals, businesses, or initiatives making a meaningful and lasting impact on Iowa’s agricultural economy, rural communities, or...
Grassley discusses prospect of farmer aid payments to offset Iran war price hikes
Farmers have been vocal in their opposition to farm assistance payments from the federal government, preferring to sell their goods in the marketplace. That is the opinion of United States Senator Chuck Grassley (R-IA) who was asked on Tuesday about the House...
Tariff uncertainty continues to cloud trade outlook
Trade policy remains a major focus for businesses and commodity markets as uncertainty continues surrounding U.S. tariffs. Earlier this year, the Supreme Court ruled that President Trump exceeded his authority by using the International Emergency Economic Powers Act...
Lower supplies, higher prices in latest USDA beef outlook
Recent trends within the industry have continued in the latest USDA beef production and price forecasts as part of the July meat outlook. USDA World Agricultural Outlook Board Chair Mark Jekanowski says with another month of tightening supplies, the projected steer...
Consumers looking at pork as beef prices remain high
2025 offered some great profit opportunities to swine producers as they enjoyed strong demand and lower input costs. Fortunately, some of those profit opportunities have carried into 2026. Holly Cook, economist with the National Pork Producers Council, said there are...
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Multiple diseases threaten Iowa corn crop
Southern rust has now been confirmed in several Iowa counties, but crop experts say this year's situation looks much different than the widespread outbreak growers experienced in 2025. Even so, they caution that producers should continue scouting fields, as southern...
Consolidation trends in the U.S. nitrogen fertilizer industry
While geopolitical conflicts often take the balme for volatile nitrogen fertilizer prices, decades of deep industry consolidation- driven by natural gas costs- may be the true underlying factor. Henrique Monaco, a Ph.D. candidate in agricultural economics at the...
U.S. Export Sales Report (7-24-26)
This week saw another mostly uneventful export sales report, but that is typical for this time of year. Allendale commodity broker Greg McBride said the corn markets are mostly done looking at the old crop sales and have instead shifted their focus to the shipment...
The new Agronomy Zone will be unveiled at 2026 Farm Progress Show
The Farm Progress Show is one of the best environments in agriculture to learn about the newest equipment, technology, and innovative management practices. Each year the show rotates between host sites in Boone Iowa and Decatur Illinois and this year the show returns...
USB budget to sharpen focus, maximize returns
The United Soybean Board has approved a $122.5 million budget for fiscal year 2027, investing soybean checkoff dollars to expand markets and strengthen demand for U.S. soy. The farmer-led board says funding will support research, promotion, and education across food,...
