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Recapping a volatile week in the grain markets

Recapping a volatile week in the grain markets

President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between the U.S. and China. However, we don’t know everything yet, so there is still time to get some good news. Curt Kimmel of AgMarket.Net said there was a lot of optimism in the grain markets heading into this meeting. Surprisingly,...

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Nominations open for Iowa’s Pulled Pork Madness bracket

Nominations open for Iowa’s Pulled Pork Madness bracket

March Madness is almost here for college basketball fans, and that means it’s time for Pulled Pork Madness for Iowans who love delicious pulled pork sandwiches. The Iowa Pork Producers Association is accepting nominations for the restaurant that serves up Iowa’s best...

NCBA confident in ability to handle anti-animal ag groups

NCBA confident in ability to handle anti-animal ag groups

The livestock industry constantly faces attacks form anti-animal agriculture groups. However, Colin Woodall, National Cattlemen’s Beef Association CEO said he is confident in NCBA’s strength of handling these organizations. Using the “one bite at a time” strategy,...

Iowa Corn Growers bringing policy wish list to Commodity Classic

Iowa Corn Growers bringing policy wish list to Commodity Classic

Yesterday, we talked with Pat Swanson of the Iowa Soybean Association about the wish list they were bringing to the policy meetings on Saturday at Commodity Classic. Today, we are looking at what is important to the Iowa Corn Growers Association (ICGA). Jolene Riessen...

U.S. Export Sales Report (2-29-24)

U.S. Export Sales Report (2-29-24)

Export sales continued the recent trends this week, with corn trading decently as soybeans continue to limp through the year. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said the export sales could use a lot of support from...

U.S. is at a record trade deficit in 2024

U.S. is at a record trade deficit in 2024

The USDA published its third trade outlook for fiscal year 2024. The trade outlook is unfortunately still showing the United States with a record trade deficit. Betty Resnick, an economist for the American Farm Bureau Federation, says 2024 will see lower agricultural...

Significant headwinds remain before U.S. beef herd expands

Significant headwinds remain before U.S. beef herd expands

The U.S. cattle herd is at record low-levels. In fact the herd size has not been this small in many decades. Yet despite that fact, there are still significant headwinds that remain before the U.S. beef herd expands once again says Kevin Good, vice president of...

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U.S. Export Sales Report (2-29-24)

U.S. Export Sales Report (8-9-24)

Export sales were good again this week, but it’s still too little, too late for old crop numbers. Allendale commodity  broker Greg McBride gave an update on the latest report from the USDA. On the new crop side of things, McBride said they would like to see higher...