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Grain markets anticipating two major USDA reports
This week will bring us two of the biggest USDA reports of the year- the June Quarterly Grain Stocks and Acreage reports. This gives us the first glance into what the 2026 crop should actually look like. Micheal Weidner, director of grain origination and producer strategy at Landus Cooperative, said this is a busy time for the grain markets. Here in Iowa, we have seen plenty of rain recently. While this has led to some replanting in parts of the state, Weidner said the markets are feeling good...
U.S. Export Sales Report (4-30-26)
This week’s export sales continued the recent trends we have seen. Allendale commodity broker Greg McBride said the corn sales had another strong report. The soybean sales, however, were disappointing once again. Additionally, there have been no flash sales since last...
Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price...
Farmers face another year of tight margins
U.S. farmers are entering another growing season with tight profit margins as lower crop prices, elevated input costs, and trade uncertainty weigh on the outlook for 2026. Corn and soybean prices remain below levels seen during recent highs, while expenses for...
Prop 12 repeal rides with Farm Bill to House floor
As the House prepares to take up the Farm Bill this week, pork producers are watching closely to see if Congress will finally address California’s Proposition 12. The National Pork Producers Council has made repeal of Prop 12 one of its top priorities, and Todd...
High diesel prices bite into Food Bank of Iowa’s budget
Gas prices have hit the highest level in four years, and with no end to the Iran war in sight, the impacts of these elevated prices will be felt for the foreseeable future. Diesel prices in particular have increased even more quickly, surging up 45% since the...
House farm bill and E15 legislation survives stall over debate rule
The quest to pass a new farm bill with legislation for year-round E15 hit another temporary roadblock on Wednesday in the U.S. House. Several Republicans joined the Democrats to initially deny the simple majority to bring up the farm bill, year-round E15, and several...
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More Ag News
DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are...
Western drought intensifies despite Midwest rainfall
Recent rainfall across Iowa and much of the eastern Midwest has helped improve soil moisture conditions heading into the growing season, but USDA Chief Meteorologist Brad Rippey says many areas farther west continue battling intensifying drought conditions. Speaking...
TQA certification promotes efficient and safe animal handling
Transport Quality Assurance®, or TQA, focuses on practical, real-world skills that help handlers and drivers move pigs humanely and efficiently. Stephanie Wetter with the National Pork Board says the program is updated every three years to ensure continuous...
Grassley sows doubt on farm bill’s Senate prospects
The U.S. House of Representatives passed its version of the farm bill on April 30th by a 224–200 vote. With passage through the House, this is the furthest a farm bill has advanced since 2018. However, despite passage in the House, the farm bill still has a long way...
U.S. red meat exports were strong in March
March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...
