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Flash sale data shows that China has not made big U.S. purchases yet
Last Friday was the first WASDE report since the end of the government shutdown. While the markets have already from recovered from that report, there is still plenty of information that was released that the markets will continue to look at. Allendale commodity broker Greg McBride said the flash sale data from the shutdown is particularly interesting. McBride said the flash sales show that we have not seen any big grain purchases from China yet. In the trade deal framework from a few weeks...
Chuck Grassley comments on U.S. Congress omnibus spending package
Iowa U.S. Senator Chuck Grassley met with reporters Tuesday for his weekly conference call. Grassley told reporters that his cattle price discovery and transparency bill will not be included in the latest omnibus spending package.Grassley says that the bill won?t be...
With Bird Flu cases on the rise, so is stress
Even as the snow is falling, I am still seeing flocks of birds making their move south. Normally, it is a thing of great beauty to witness these birds make the trek with no maps or GPS. Though there are a few times, I see those flocks and wonder if they have the right...
Secretary Naig names Grant Menke as deputy secretary of agriculture
Secretary Naig Names Grant Menkeas Deputy Secretary of AgricultureJulie Kenney to depart after nearly 5 years of dedicated serviceDES MOINES, Iowa (Dec. 19, 2022) ? Iowa Secretary of Agriculture Mike Naig announced today that Julie Kenney will leave the Department for...
ICA hosts annual Iowa Cattle Industry Leadership Summit
A cold Thursday night last week didn?t stop Iowa?s cattle industry leaders from gathering in Altoona for the Iowa Cattle Industry Leadership Summit. The event serves as a forum for industry leaders to gather and discuss a variety of topics, from government policy to...
Weed control plan critical during early growth of corn and soybeans
While nearing the end of 2022, it is a good time to reflect on the past year and of course start to think about next year and the next growing season. It won?t be long until farmers are beginning to make plans for planting in 2023.The early life cycle of a corn or...
China facing a difficult path ahead as COVID restrictions are lifted
China has recently ended some of its most severe restrictions in a move away from the country?s ?Zero-COVID? policy. The moves should open new opportunities for U.S. red meat as restaurant and food retail eventually rebound. However, Joel Haggard, U.S. Meat Export...
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NPB and USMEF promote U.S. pork in expanding Latin American markets
The Latin American Product Showcase is an event that is hosted by the U.S. Meat Export Federation every two years, rotating to a different Central or South American host nation.The showcase draws regional buyers and sellers from 21 countries across Central and South...
U.S. Export Sales Report (7-20-23)
This week?s export sales actually brought some good numbers this time. Allendale commodity broker Greg McBride gave an analysis of this week?s U.S. Export Sales Report.McBride also provided an update on the state of the old crop contracts as we prepare to come to the...
USDA partnership to reduce anticompetitive barriers
USDA launched a partnership with bipartisan attorneys general in 31 states and the District of Columbia to enhance competition and protect consumers in food and agricultural markets. Through the agreement, this partnership will assist the state attorneys general in...
Rain and cooler weather finally made its way to Iowa
After one of the driest Mays on record and a dry end to June, July has finally brought some relieving rains to the state of Iowa. There was also some storm damage that came along with it, but the moisture was very much appreciated. However, Iowa State Climatologist...
Dry weather & the dollar top market concerns in 23
If nothing else, we can all agree that the markets are fickle. They move wherever the winds of change blow them. Sometimes it doesn?t even need a wind, a breeze will be just as volatile. Whether it is input costs, weather, geopolitical conflicts, or even government...
