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Ag economy barometer drops in May
The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said caution is also showing up in investment behavior. Breakeven prices are expected to climb in 2026. About two-thirds of producers in the survey say they expect war in Iran to impact their bottom lines this...
Food and agriculture generate 20 percent of all U.S. economic activity
Every year, the Feeding the Economy report provides a comprehensive look at the full economic footprint of U.S. food and agriculture. Among the report’s biggest takeaways is that food and agriculture support $10.4 trillion in total U.S. economic output, representing...
New “Product of the USA” label will provide consumers with clarity
During the National Agriculture Day event on Tuesday in Washington, D.C., Ag Secretary Brooke Rollins introduced a campaign regarding USDA’s new “Product of the USA” labeling standard that took effect on January 1. Rollins said the new voluntary label signifies meat...
Naig: Trade relationships must stay strong
Iowa farmers rely on strong export markets, and two of the most important remain Canada and Mexico. But a planned trade mission to Mexico has been postponed. Iowa Secretary of Agriculture Mike Naig says safety concerns tied to cartel activity and travel disruptions...
South American Weather and Crop Update (3-25-26)
The concerns over dry conditions in South America can be put to rest for the time being, as they have been getting plenty of rain as of late. Allendale commodity broker Greg McBride gave an update on the forecasts for both Brazil and Argentina. The rain in Brazil has...
Senate Farm Bill could still contain year-round E15
The Environmental Protection Agency today announced that it is lifting the summertime restrictions on E15 sales again for 2026. As we experience rising gas prices, year-round E15 sales will provide economic relief for consumers and strengthen the ag industry. However,...
Previewing USDA’s Prospective Plantings Report
The 2026 USDA Prospective Plantings Report is scheduled for release on Tuesday March 31st. The report surveys farmer planting intentions for major crops, including corn, soybeans, wheat, and more. This report gives us the first real snapshot of what planted acreage...
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Quiet April WASDE report still contained important information
The April WASDE report lined up with the market expectations and made virtually no changes this month. However, that’s not to say that the report did not contain valuable information moving forward. Allendale commodity broker Greg McBride said the April WASDE included...
Projecting demand for grilling season as beef prices soar
Every year the meat industry can rely on a spike in demand for meat during the summer grilling season. However, with beef prices at extremely high levels in stores, will demand this grilling season be as high as it typically would be during the spring and summer...
GDM streamlines brands after acquisition
GDM is moving ahead with a seed brand realignment that will take effect in 2027, but company leaders say growers should expect no changes for the 2026 planting season. The move follows GDM’s acquisition of AgReliant last September, a deal that brought together major...
Deere reaches a settlement in right to repair litigation
Deere & Company announced it has reached a settlement in a multidistrict “right to repair” lawsuit filed in 2022, bringing the case to a close without any admission of wrongdoing. The agreement, pending approval from the U.S. District Court for the Northern...
2026 forecast shows another strong El Niño
Many parts of rural America have seen some wild back-and-forth temperature swings combined with on-again, off-again winter weather. John Baranick, an agricultural meteorologist from DTN, said we’re seeing a lot of normal temperature swings during the transition from...
