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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,...
Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...
Advisors urge farmers to use tax data for broader financial planning
Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...
Nutrien programs offer revenue paths for Iowa growers
Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...
Rural America needs more ag tax professionals
Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...
Rising farmer sentiment in March surprised some industry experts
Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...
AFBF continues to push for new farm bill
The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...
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More Ag News
U.S. to use tariff funds to offset high fertilizer prices
The Trump administration is preparing to direct tens of billions of dollars from tariffs and renegotiated trade deals toward strengthening domestic fertilizer production, according to Agriculture Secretary Brooke Rollins. Speaking before lawmakers during a House...
AG trade deficit drops 42 percent
New numbers from USDA show progress in reducing the U.S. agricultural trade deficit, but officials say there is still more work ahead to return to a long-standing trade surplus. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says when the...
Iowa FFA members fight food insecurity at annual convention
Since 2012, Iowa FFA members have helped package pre-made meals to fight food insecurity during the annual Iowa FFA Leadership Conference. Servant leadership is one of the core values of the FFA, which means that events and opportunities like this truly resonate with...
USDA launches National Proving Grounds Network for AgTech
USDA’s recently launched National Proving Grounds Network for AgTech is designed to help ag-tech companies develop products that can help farmers be more profitable and successful through real world testing. USDA Under Secretary for Research, Education, and Economics...
Senators introduce bill aimed at stabilizing farm labor costs
U.S. Senator Ted Budd of North Carolina and several Republican colleagues have introduced legislation aimed at stabilizing agricultural labor costs and providing greater certainty for farmers. The proposal, known as the Farmworker Access and Retention Modernization,...
