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NASS reports corn ending stocks 35% higher than last year

NASS reports corn ending stocks 35% higher than last year

Higher than expected corn production numbers were negative for the grain markets today and implied lower demand. According to the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS), old crop corn stocks on hand as of September 1st, 2026, totaled 2.10 billion bushels, up 35% from the same day last year. Allendale commodity broker Greg McBride said this is significantly above what we saw in the September WASDE report a couple weeks ago. McBride said this indicates...

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Oil prices move lower in response to peace talk rumors

Oil prices move lower in response to peace talk rumors

After weeks of steady improvement, oil prices traded lower to start this week as they were down 4-5% in Monday’s trading action. Patrick DeHaan, senior petroleum analyst at Gasbuddy.com, said the markets are likely hopeful that the Trump administration is going to...

Naig warns against rushing fall applications

Naig warns against rushing fall applications

Recent rains have delayed harvest across Iowa, but the wet conditions are also putting more attention on water quality and how farmers manage nutrients and conservation practices heading into the fall. Iowa Secretary of Agriculture Mike Naig says the recent rainfall...

USDA moving to modernize farm loan programs

USDA moving to modernize farm loan programs

The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny...

ARC and PLC enrollment underway

ARC and PLC enrollment underway

Enrollment is open now for acreage in the ARC or PLC safety net programs. USDA Farm Production Undersecretary Richard Fordyce says enrollment is open through early December for farmers to choose either program. Fordyce explains the ARC safety net program. He says that...

South American Weather and Crop Update (9-22-26)

South American Weather and Crop Update (9-22-26)

As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...

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Rain makes grain but also halts combines

Rain makes grain but also halts combines

A stubborn high-pressure ridge has brought excessive moisture to areas of the United States, including the Great Plains and Midwest this summer. USDA meteorologist Brad Rippey says that the rain was welcome at first, but too much rain has become a problem in some...