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Ag marketplace is navigating blind without USDA reports
With the government shutdown in full effect, there won't be any export sales reports until Congress can pass a budget resolution. However, we can still look at the estimates this week for a rough idea of what the sales might look like. Allendale commodity broker Greg McBride talked about this week’s estimates for both corn and soybeans. McBride also gave a guess of what the flash sales might’ve been like for this report. Navigating the marketplace will be difficult for the time being, but...
Drought conditions improve again as weather transitions to spring
This is now the second consecutive week where we?ve seen improvement to the drought conditions in Iowa. It may not feel like it right now, but we?re finally transitioning into the spring season. Iowa State Climatologist Dr. Justin Glisan provided an update on the...
NFU outlines 2023 goals at annual convention
Top issues for the National Farmers Union (NFU) focus on fairness for farmers. During the organization?s annual convention this week in San Francisco, California, NFU President Rob Larew said that?s why they have their Fairness for Farmers campaign.?It's hard to talk...
USDA?s simplified direct loan application now available
A new, simplified direct loan application is now available for all producers seeking a direct farm loan from the Farm Service Agency. The new application went from 29 to 13 pages to provide an improved customer experience for producers applying for loans and enables...
NMPF: FDA proposal highlights need for Dairy PRIDE Act
For years now the Dairy industry has been pushing for standards about labeling dairy products versus products that offer plant-based dairy alternatives. The market has been using the term ?milk? for drinks made from food items like soy, almonds, oats, and cashews. The...
South American Weather and Crop Update (3-7-23)
The weather is much of the same down in South America. Brazil?s not seeing any major problems, and, well, Argentina is seeing all of the major problems. Allendale commodity broker Greg McBride provided a breakdown of the latest weather conditions in the two...
Reference prices for ARC/PLC payments need updating
Reference prices that trigger PLC and ARC county payments to producers need updating, according to the American Farm Bureau, which will require a bigger farm bill funding baseline. Reference prices at $3.70 for corn, $8.40 for soybeans, and $5.50 for wheat are simply...
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Earning extra premiums and extra revenue per acre
Benson Hill has invested in growth in the state of Iowa by expanding its infrastructure in the state. With a soybean crush facility in Creston, a warehouse and seed treatment location in Bondurant, and facilities for high oleic soybeans for specialty use, Iowa growers...
Ethanol and the Grain Indemnity Fund remain top issues for Iowa corn growers
Discussing the issues surrounding crop production with Logan Lyon, District Director for the Iowa Corn Growers Association, including ethanol demand and carbon pipelines. There are always a lot of outside influences in regard to crop production far beyond what happens...
Secretary Naig announces availability of grants for urban water quality projects
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship is now accepting pre-applications for cost-share grant funding to support urban conservation projects. “Communities of all sizes can utilize urban...
Farm safety isn’t just for one week a year
Next week is Farm Safety Week, and you will likely be hearing messages from all across the ag industry reminding you to be safe. I decided to get a jump on all of them and send you my message this week. While it is great to spend one week a year driving home the...
September WASDE leads to potential harvest lows
No real changes to the old crop numbers in this month’s WASDE report, but, as expected, there were bearish changes to the new crop numbers. But these changes were even more bearish than expected, especially in the soybeans. Much of this can be attributed to a lack in...
