Top Stories
November pork and beef export below year-ago levels
Exports of U.S. pork remained relatively strong in November but were below the large total reported in November 2024, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Lamb exports were a bright spot, posting the largest volume since July and highest value since May. USMEF President and CEO Dan Halstrom said November pork export value per head slaughtered was outstanding at $70.26, even though that value is slightly below a year ago. The average for...
U.S. ethanol industry comments on Brazilian ethanol tariffs
The U.S. Grains Council, Growth Energy, and the Renewable Fuels Association jointly submitted comments to the Brazilian Chamber of Foreign Trade regarding the Brazilian tariff on imported U.S. ethanol. In October 2023, Brazil’s association of fuel importers formally...
Pork producers cautious but optimistic
The pork industry has been dealing with a lot of headwinds as we end the first third of 2024. While prices are going a little higher, consistency has been an issue. Markets have seen many radical shifts, many of which have not been good. However, uncertainty has not...
April WASDE sees little change to South American crops
The April WASDE report came and went with little to remark. This was largely anticipated, though, and the markets are ready to focus back on planting and the weather. Allendale commodity broker Greg McBride said the corn numbers were on the low side of expectations....
AFBF doubles top prize for Ag Innovation Challenge
The American Farm Bureau Federation, in partnership with Farm Credit, is doubling the top prize at this year’s Ag Innovation Challenge. Now, the winner will take home $100,000 for their business. Chase Heineman, director of industry affairs for AFBF, talks about the...
A new opportunity in planting technology for growers
The CornerStone planting system from Precision Planting is creating a new option for growers in the market for planting technology. In the past a grower would have two options when searching for new planting equipment. The grower could choose the most expensive option...
House ag chair intends on farm bill markup in May
House Agriculture Committee Chairman Glenn GT Thompson says "without a doubt," the farm bill will be out of his committee by Memorial Day. Speaking exclusively to Agri-Pulse, The Pennsylvania Republican says he found a way to fund commodity program changes, adding,...
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As Pro Farmer Crop Tour continues, crops are mostly looking better
After estimates of a near-record crop in Ohio for a second year and a lot of potential in South Dakota on Monday, the Pro Farmer Crop Tour scouts found even better results in Nebraska and Indiana on day two. Longtime Eastern Leg Scout Bryan Coffman of Iowa said that,...
U.S. Export Sales Report (8-22-24)
Export sales were better than expected this week, potentially in part due to the lower grain prices we are experiencing right now. Allendale commodity broker Greg McBride gave an update on the latest numbers. Flash sales in particular have seen increased activity due...
USDA chief economist says farmland values rise, questions strength
USDA Chief Economist Seth Meyer says farmland values continue to rise year-over-year, but questions land value strength amid changing economic conditions on the farm. Or as Meyer says, an increase of $200 an acre, rising to $4 on average for crop and pastureland…...
Soy growers wary of EPA herbicide strategy
American soybean growers are worried about the feasibility of implementation and the impacts of the Environmental Protection Agency’s final Endangered Species Act Herbicide Strategy. Josh Gackle, president of the American Soybean Association, says while there are...
Soy checkoff & State organizations make investment in PNW Soy Meal Port
Earlier this week we talked about the work being done by the beef checkoff to invest dollars into continuing education. The soybean checkoff is also investing in the marketability of the soybeans that we grow. Recently a group led by the United Soybean Board (USB),...
