Top Stories
USMCA review begins July 1 with an uncertain future
Mexico and Canada, two of the three USMCA nations, have said they want this collaboration to continue, unlike U.S. President Donald Trump. President Trump, speaking to reporters at the June G7 meeting in France, seemed unconvinced about continuing this collaboration. In the same exchange, President Trump made some concessions about possibly signing it, yet still expressed pessimism about the agreement's future. The Mexican President, Claudia Sheinbaum, shared thoughts on Mexico and Canada's...
Farm Bill Clears House as E15 Waits
The U.S. House has now passed its version of the Farm Bill, but just hours before that final vote, lawmakers were still working through the steps needed to bring the legislation to the floor. Speaking Wednesday morning, just minutes before the House began voting on...
Farm Bureau applauds House passage of 2026 farm bill
After several months of work and negotiation, the House of Representatives passed the Farm, Food, and National Security Act of 2026, also known as the farm bill, with a bipartisan vote. Brian Glenn, director of government affairs for the American Farm Bureau...
U.S. Export Sales Report (4-30-26)
This week’s export sales continued the recent trends we have seen. Allendale commodity broker Greg McBride said the corn sales had another strong report. The soybean sales, however, were disappointing once again. Additionally, there have been no flash sales since last...
Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price...
Farmers face another year of tight margins
U.S. farmers are entering another growing season with tight profit margins as lower crop prices, elevated input costs, and trade uncertainty weigh on the outlook for 2026. Corn and soybean prices remain below levels seen during recent highs, while expenses for...
Prop 12 repeal rides with Farm Bill to House floor
As the House prepares to take up the Farm Bill this week, pork producers are watching closely to see if Congress will finally address California’s Proposition 12. The National Pork Producers Council has made repeal of Prop 12 one of its top priorities, and Todd...
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More Ag News
Ernst talks fertilizer costs, trade, and supply chains
Fertilizer supplies and pricing continue to be a major concern for farmers as global tensions and trade uncertainty influence the ag economy heading towards the second half of the growing season. While many producers were able to secure products ahead of spring...
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...
