Top Stories
U.S. Export Sales Report (4-16-26)
This week’s export sales were strong again for the corn markets. This is exactly what we need to see in order for meet high expectations. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. Unfortunately, the soybeans continued with another week of disappointing sales. Export sales have also been sparing, but McBride said we don’t look for a lot of those at this time of year anyways. The team at Allendale can be reached by calling 800-262-7538, or you...
South American Weather and Crop Update (6-27-23)
Still looking dry in most of Brazil and Argentina. Brazil is still in the early stages of harvest, and Argentina wants to forget about harvest. Allendale commodity broker Greg McBride gave an update on the latest weather patterns in South America.With the massive size...
Summer cookout prices down slightly from record high in 2022
The cost of an Independence Day cookout for a family of ten this year is $67.73, according to the 2023 American Farm Bureau Federation market basket survey. AFBF Chief Economist Roger Cryan said the latest survey shows inflation is still impacting food prices.?The...
Soy checkoff advances infrastructure improvements
The latest World Agricultural Supply and Demand Estimates report from the U.S. Department of Agriculture offers little change, as expected. Mac Marshall, United Soybean Board vice president of market intelligence, says the only major change was a reduction in old crop...
Economic viability begins in your hog nursery
?Let?s start at the beginning; a very good place to start.?Okay, I don?t claim to like ?The Sound of Music? by any means, but I know that it is a very famous line in the movie. There is a lot of truth to that saying and its many incarnations over the generations. Its...
Drought continues to expand across the state
Despite decent rainfalls over the weekend, drought conditions continue to expand across Iowa. At this point, it?s going to take a lot to even make a dent on moisture deficits in some areas. Iowa State Climatologist Dr. Justin Glisan gave an update on the U.S. Drought...
Prop 12 timeline delayed, but industry concerns still remain
Pork already in the pipeline will get an added six months to be sold in California before the standards of Proposition 12 go fully into effect under an agreement between the courts and the California Department of Food and Agriculture. The product must be produced by...
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More Ag News
Finding positivity in a bearish ag marketplace
The January WASDE report typically moves the market with traders reacting to the final year-end numbers for production and supply. After a bearish report was released last Friday, the commodity markets have seen price movement to the downside in both corn and...
2024 farm equipment sales are looking to be a mixed bag
Combine sales closed out the year ahead of 2022 levels, while almost all tractor segments saw declines in both the United States and Canada. The latest data from the Association of Equipment Manufacturers shows total U.S. farm tractor sales fell 5.1 percent in...
USDA: Large family farms account for bulk of commodity production
Large-scale family farms accounted for a majority of the value of commodity production in 2022, according to a new report from USDA’s Economic Research Service. Specifically, these farms accounted for 51 percent of cash grains and soybeans, 56 percent of hog...
Looking at your farm budget with a different perspective
We know the story. It’s been the top of mind subject in farming for the past few years. Grain prices are slowly declining and crop inputs are slowly rising. That intersection is different as each farm has a different break-even level. As we enter this year, that...
Mom’s Meals continues to help Food Bank of Iowa fight food insecurity
Today, Mom’s Meals donated 4,000 shelf-stable meals to the Food Bank of Iowa to support its school pantry program. 2023 was a year of unprecedented demand for nutritious meals- in fact, 1 in 10 adults and 1 in 8 children face hunger in Iowa. Chris Choi, CEO of Mom’s...
