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President Trump announces framework for China trade deal

President Trump announces framework for China trade deal

The trade meeting between President Trump and Chinese President Xi Jinping resulted in an agreement of a framework for a trade deal. While the news is reassuring, there is still a lot of information that we don’t know about this potential deal yet. Allendale commodity broker Greg McBride said the initial market reaction was negative. McBride said there still needs to be caution with this framework, as no trade deals have been officially signed yet. McBride said the details that we do know as...

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Utilizing all tools to protect yields

Utilizing all tools to protect yields

Heads Up Plant Protectants manufactures biological seed treatments to help farmers prevent fungal and bacterial diseases. Heads Up® seed treatment can be a cost-efficient way to help protect against yield loss by optimizing and fine tuning the plant and has shown the...

Legal options all but exhausted against Prop 12

Legal options all but exhausted against Prop 12

When the Supreme Court ruled earlier this year that there was no legal reason for them to overturn California’s Proposition 12 ballot measure, at least not based on the arguments raised, it was obvious that Congress was going to be the best way forward. The Supreme...

John Deere Foundation donates $2 million to Food Bank of Iowa

John Deere Foundation donates $2 million to Food Bank of Iowa

Last week, the John Deere Foundation announced a $2 million gift to fund the vital expansion of the Food Bank of Iowa’s Des Moines distribution center and support its “Building Healthy Futures” capital campaign. This is on top of the nearly $270,000 in unrestricted...

Earning extra premiums and extra revenue per acre

Earning extra premiums and extra revenue per acre

Benson Hill has invested in growth in the state of Iowa by expanding its infrastructure in the state. With a soybean crush facility in Creston, a warehouse and seed treatment location in Bondurant, and facilities for high oleic soybeans for specialty use, Iowa growers...

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Crop insurance costs to jump 29 percent

Crop insurance costs to jump 29 percent

The federally-subsidized crop insurance program will cost an additional $27.7 billion over the next decade. A Congressional Budget Office report says the government pays roughly 62 cents of each dollar in premiums, and sales of livestock and forage policies are...

U.S. Export Sales Report (2-15-24)

U.S. Export Sales Report (2-15-24)

Export sales are continuing their recent trends. Corn sales are looking good, while the same certainly cannot be said for the soybeans. Allendale commodity broker Greg McBride gave an update on the latest export sales report. U.S. soybean prices are still far from...