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U.S. Export Sales Report (2-12-26)

U.S. Export Sales Report (2-12-26)

Heading into this week’s export sales report, the markets were expecting to see negative corn sales and positive soybean sales. Allendale commodity broker Greg McBride said the report turned out to be the complete opposite from those estimates. Flash sales were active again this week with some uncommon faces making substantial purchases. Despite this report, the markets were solid green to end the day off. McBride said the potential for a trade agreement with China has the markets very...

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U.S. Export Sales Report (2-12-26)

U.S. Export Sales Report (5-16-24)

Corn and soybeans sales came in within estimates, but they are still leaning towards the lower side of the range. This is not what we want to see with both markets trending lower already. Allendale commodity broker Greg McBride gave an update on the latest export...

EPA’s Regan hears counter argument to EVs in Senate hearing

EPA’s Regan hears counter argument to EVs in Senate hearing

During a recent Senate hearing in Washington D.C., Environmental Protection Agency Administrator Michael Regan heard criticisms from lawmakers regarding the Biden administration’s push for increased electric vehicle use via regulation. Wyoming GOP Senator Cynthia...

Grassley and Ernst lead Iowa delegation in asking for federal aid

Grassley and Ernst lead Iowa delegation in asking for federal aid

Senators Chuck Grassley (R-IA) and Joni Ernst (R-IA) led the state’s delegation in calling on USDA Secretary Tom Vilsack to swiftly approve Iowa’s request for federal assistance. Governor Kim Reynolds and Iowa Secretary of Agriculture Mike Naig made the request on...

School breakfast programs start to incorporate meat again

When it comes to creating a marketplace for our products, we tend to put a lot of focus on developing international markets. That is good because we produce far more food than we hope to consume. However, we cannot afford to overlook the demand we can create here at...

Grassley wary of Chinese response to increased tariffs

Grassley wary of Chinese response to increased tariffs

On Tuesday President Biden announced a surge of increased tariffs on imported Chinese products under Section 301 of 1974’s Trade Act. The tariff hikes will be applied to $18 billion worth of imports from China including electric vehicle batteries and computer chips....

Hog prices much more stable now than a year ago

Hog prices much more stable now than a year ago

After soaring to yearly highs recently, the hog prices, along with the rest of the livestock, have come back down to earth. While we would’ve liked to maintain those higher levels, it’s important to remember that hog prices were considerably worse just a year ago....

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Tough times for turkey producers

Tough times for turkey producers

The nation’s turkey producers are facing tough times in the current agriculture environment. Which goes against the rules of supply and demand economics. That was USDA Outlook Board Chairman Mark Jekanowski, who says that producers have been attempting to keep...

Ethanol depends on reliable rail service

Ethanol depends on reliable rail service

Growth Energy highlighted many issues currently plaguing the nation’s rail service that has resulted in delayed shipments, longer wait times, and higher costs for American ethanol producers. The group’s Senior Vice President of Regulatory Affairs, Chris Bliley,...