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February WASDE report was as uneventful as expected

February WASDE report was as uneventful as expected

After experiencing a very surprising January WASDE report, this month’s report was as quiet as expected. Overall, there really wasn’t much for the markets to react to. Allendale commodity broker Greg McBride gave an analysis of this month’s report. The report was so uneventful that the markets have already moved on from it. This makes sense, as McBride said there shouldn’t be any changes between now and the Prospective Plantings report at the end of March. With President Trump also recently...

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May WASDE still conservative with changes to crops

While the markets reacted positively, the May WASDE report wasn’t exactly bullish. In the case of corn, Allendale commodity broker Greg McBride said the numbers just weren't bearish. McBride said things were more obviously bearish on the soybean side of the report....

With rain delays, farmers considering delayed planting and replanting

With rain delays, farmers considering delayed planting and replanting

With few workable planting days due to the rain, farmers are considering what they might have to do to make sure the crop gets planted and still performs well. This could include strategies like delayed planting or even replanting. Nate Meyer, southwest Iowa field...

Ernst critical of Biden Administration’s ag trade message

Ernst critical of Biden Administration’s ag trade message

Many of you who have children or are kids at heart have probably seen the original Lego Movie®. It was a neat little story about overcoming adversity and learning the value of teamwork. The movie produced a well-known song that entered the pop culture lexicon for a...

Beef industry leaders travel to Korea and Japan

Beef industry leaders travel to Korea and Japan

The U.S. Meat Export Federation, along with U.S. beef industry leaders, is on a global trip to see how U.S. beef is performing abroad. The trip included stops in Korea and Japan- two countries that have become great destinations for specialty cuts, among other...

U.S. Export Sales Report (5-9-24)

U.S. Export Sales Report (5-9-24)

A neutral export sales report is favorable to the idea that the USDA will make cuts to U.S. exports in tomorrow’s WASDE report, as both corn and soybeans have fallen behind. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said...

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Mississippi River levels falling again

Mississippi River levels falling again

For the third consecutive year, Mississippi River water levels are falling again, making shipping goods difficult. Farm Policy News says the low levels are forcing barge companies to put limits on how much cargo they can carry and cutting into farm profits. It was...