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Significant cuts to the U.S. wheat crop defined May’s WASDE report

Significant cuts to the U.S. wheat crop defined May’s WASDE report

With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that, and the wheat prices shot up over forty cents to end the day on Tuesday, bringing the rest of the grain complex upwards with them. Allendale commodity broker Greg McBride said this positive move was even able to overcome what was...

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Drought coverage for crops and commodities mostly in decline

Drought coverage for crops and commodities mostly in decline

The month of June provided favorable weather conditions for crop growth for much of the Midwest including Iowa. Consistent, timely rainfall for most of Iowa with plenty of sunshine and warm temperatures has set Iowa up well for the heart of the growing season. USDA...

China trade impasse drags down May U.S. red meat exports

China trade impasse drags down May U.S. red meat exports

Global trade is continuing to impact cattle and hog prices in Iowa and across the entire country. Exports of U.S. pork and beef trended lower in May, due primarily to steep declines in shipments to China, according to data released by USDA and compiled by the U.S....

Congress plans to scrap USDA climate hubs, following Trump guidance

Congress plans to scrap USDA climate hubs, following Trump guidance

The Ames, Iowa-based Midwest Climate Hub, which along with the other 10 regional climate hubs under the USDA, is slated to be cut from the federal agriculture budget. The U.S. House appropriations bill that sets the 2026 fiscal year budgets for agriculture, rural...

Retailers plans for feature protein deals for grilling season

Retailers plans for feature protein deals for grilling season

As we are now in the heart of the summer grilling season, consumers are busy studying their weekly store fliers and ads for some featured deals in the meat section. USDA livestock analyst Michael McConnell explains an advertising method used by groceries and retailers...

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