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Farmers hit hardest by high transportation costs

Farmers hit hardest by high transportation costs

The impact of higher fuel prices goes beyond just what farmers pay to plant and harvest a crop. These prices are also driving up transportation costs throughout the supply chain. Mike Steenhoek, Executive Director of the Soy Transportation Coalition, said that includes rail freight fuel surcharges that can ultimately impact farmers' bottom lines. Steenhoek said those fuel surcharges have climbed dramatically over the past year. As a result, Steenhoek said farmers often end up carrying much of...

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Grain markets brace for key USDA reports

Grain markets brace for key USDA reports

Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn,...

U.S. Export Sales Report (6-29-26)

U.S. Export Sales Report (6-29-26)

Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were...

Iowa officials confident in screwworm strategy

Iowa officials confident in screwworm strategy

While New World Screwworm remains confined to parts of Texas, New Mexico, and Mexico, animal health officials are focused on making sure it stays that way. Although the insect is still hundreds of miles from Iowa, state and federal officials are relying on a proven...

What to expect from the USDA acreage and grain stocks reports

What to expect from the USDA acreage and grain stocks reports

On Tuesday June 30th USDA will publish the planted acreage and quarterly grain stocks reports. These reports typically have been known to move the ag marketplace one way or the other based on the updated numbers for planted acreage and the grain on hand in the stocks...

US hog inventory edges lower; productivity ticks up

US hog inventory edges lower; productivity ticks up

The U.S. hog and pig inventory totaled 73.7 million head as of June 1, down slightly from a year earlier and from March, USDA said Thursday in its quarterly report. Market hogs accounted for 67.8 million head, while 5.88 million were kept for breeding, according to...

Next week’s heat dome could stress Iowa crops

Next week’s heat dome could stress Iowa crops

We’re roughly halfway through the growing season here in Iowa, and there are varying crop conditions across the state. Much of the crop looks very strong currently, but there are some areas struggling with disease, pest, and weather issues. Dan Bjorklund, technical...

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Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...

Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...