Top Stories
Corn yield estimate will affect local basis levels
On Tuesday, USDA published the August WASDE report with a corn yield estimate of 188.8 bu. That number was well above the trade guesses going into the report and signifies the potential for a massive crop. That is Naomi Blohm of Total Farm Marketing who says that the big corn yield number from USDA will affect local basis levels. Blohm says that in order to see an improvement in price in the short term, it will take a different outlook on the crop from the boots on the ground. For more...
USDA makes no changes to corn and soybean outlooks
The USDA?s December WASDE report on Thursday was pretty uneventful for corn and soybeans.The WASDE report kept both corn and soybean ending stocks unchanged. Corn stocks remain at 1.493 billion bushels and soybean stocks at 340 million bushels. The USDA did increase...
Pioneer brand soybeans show yield advantages in 2021
NAFB Trade Talk Audio: Don Gehrls, Pioneer Soybean Marketing LeadPioneer brand soybeans had exceptionally strong performance for growers in 2021.In nearly 3,200 competitive on-farm comparisons, the top 40 Pioneer brand soybean products by demand demonstrated a yield...
Auction College looks to teach more than just the cadence
We have all been involved in an auction at some point in our lives. Maybe it has been for cattle, maybe household goods, maybe even for some collectible online. Whatever you are buying or selling, the principles are generally the same. It comes down to the auctioneer...
U.S. beef exports on pace to hit $10 billion
Beef export value for the United States continues to soar in 2021.Data released this week by the USDA shows October was another strong month for U.S. red meat exports. Beef exports reached 115,709 metric tons in October, a 7.5% increase from last year, while export...
USGC releases 2021 Corn Harvest Quality Report
The U.S. Grains Council released this week the 2021/2022 Corn Harvest Quality Report. The report is based on 610 samples taken from defined areas within 12 of the top corn-producing and exporting states. USCG revealed that revealed this year's U.S. corn crop has a...
Gov. Reynolds announces $100M investment in Water Infrastructure, Conservation Practices
Gov. Reynolds today announced a historic $100M investment in water infrastructure and water quality efforts for the State of Iowa.Through a new grant program within Iowa Finance Authority, Gov. Reynolds is allocating $75M for the Water Infrastructure Fund. The funding...
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More Ag News
Ernst ? Thune bill looks to stop EPA from regulating animal flatulence
We know this has been a topic among environmentalists for a little while now. They are on the offensive to regulate the gas passed from your livestock, especially cattle. To a farmer, this seems absolutely absurd, but between the Administration and EPA Chief Michael...
Biodiesel to turbo charge american biofuel growth
A new report from CoBank says the recent investment surge in U.S. renewable diesel production capacity is likely to ignite a period of growth and transition for the biofuels industry. ?The outlook for biofuels is good as the U.S. and other developed countries embrace...
Opening Market Podcast – Matt Bennett AgMarket.Net 9-30-22
Quarterly Grain Stocks come out from USDA this morning. Matt Bennett, of AgMarket.Net, & Dustin Hoffmann look at what we can expect in today's trade.
U.S. Export Sales Report (9-29-22)
This week?s report was relatively bullish, but almost anything would be better than what we saw last week. Allendale commodity broker Greg McBride provided a breakdown of this week?s U.S. Export Sales Report.Hopefully, export sales will start to strengthen again as...
Fall crop insurance sales deadline approaching
Farming is an occupation that comes with considerable risk. There are many factors that are within a farmers? control but there are also many outside forces that can greatly affect an operation.The September 30th crop insurance deadline for fall-seeded crops is...
