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Chinese trade deal framework may not be as bullish as it seems

Chinese trade deal framework may not be as bullish as it seems

With the lack of government reports we’ve seen during the shutdown, the ag marketplace is desperately searching for any news to react to. The Chinese trade deal framework provided a decent shot of energy to the market prices, but the deal may not be as bullish as it seems. Allendale commodity broker Greg McBride said it would be difficult for China to follow through on some of their commitments within this deal. Additionally, it will still be difficult for the U.S. to compete with Brazil since...

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Secretary Naig announces expansion for SE Iowa water quality project

Secretary Naig announces expansion for SE Iowa water quality project

Iowa Secretary of Agriculture Mike Naig announced today that a successful Water Quality Initiative (WQI) project in Mahaska County is expanding into Jasper and Marion Counties while also adding a new phase that focuses on edge-of-field conservation practices. Since...

The promotion of pork cannot be contained in a single month

The promotion of pork cannot be contained in a single month

With it being October and National Pork Month, we have a lot to celebrate. The pork industry is producing quality products for consumers all over the world. However, there is always more work to be done. As we see depressed prices for producers, it is important that...

South American Weather and Crop Update (10-24-23)

South American Weather and Crop Update (10-24-23)

Some rain has entered the forecast in South America, but drought concerns remain. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in Brazil and Argentina. Earlier today, ADM CEO Juan Luciano gave a rather bleak outlook on the...

China – U.S. ag companies sign purchase agreements in Des Moines

China – U.S. ag companies sign purchase agreements in Des Moines

On Monday the China-U.S. Sustainable Agricultural Trade Forum and Contract Signing Ceremony co-organized by U.S. Soybean Export Council (USSEC), China Chamber of Commerce for Import & Export of Foodstuffs, Native Produce & Animal By-products (CFNA), Iowa...

Soybean harvest almost complete in Iowa

Let's go for a ride, figuratively speaking of course, in the combine with Iowa Soybean Association Conservation Agronomist Evan Bream. As we start to wind down harvest the latest Iowa Crop Progress report shows that 87% of Iowa soybeans are in the bin. “I'd say that's...

HPAI cases confirmed in Pocahontas and Guthrie Counties

HPAI cases confirmed in Pocahontas and Guthrie Counties

The Iowa Department of Agriculture and Land Stewardship and the United States Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) have confirmed two positive cases of Highly Pathogenic Avian Influenza (HPAI), one in Pocahontas County...

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U.S. Export Sales Report (3-21-24)

U.S. Export Sales Report (3-21-24)

Another status quo report for export sales this week, and seeing a neutral report was nice in the face of some heightened volatility throughout the day of its release. Allendale commodity broker Greg McBride gave a breakdown of the numbers. Soybeans in particular were...