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U.S. Export Sales Report (2-27-26)
For as good as the export sales have been recently- especially for this time of year- they were bound to have a down week eventually. Allendale commodity broker Greg McBride said the corn export sales were weaker this time around. Soybeans saw lower sales as well, but McBride said that marketplace is still doing well overall. Flash sales were also quieter this week, but McBride said they aren’t expecting to see too much until President Trump and China President Xi Jinping actually sign an...
South American Weather and Crop Update (7-30-25)
The weather in South America has still not changed much, with farmers in Brazil and Argentina seeing mostly clear and dry conditions. Allendale commodity broker Greg McBride said there are scattered rain showers, but otherwise the weather remains status quo. The dry...
Basis matters now, say Midwest ag economists
Tight corn supplies might normally trigger a rally in the market, but so far, that hasn’t been the case. Despite strong demand and dwindling stocks, futures prices have stayed relatively steady. That’s because—while the numbers show a squeeze—markets may be confident...
Argentina makes permanent tax cuts to ag exports
Recently, Argentina President Javier Milei announced permanent export tax cuts for a wide variety of agricultural commodities. The biggest impact globally will be seen in the soybean marketplace, as Argentina is the world’s largest exporter of soybean meal. Allendale...
Bullish news hard to find in current ag marketplace
A current snapshot of the ag marketplace shows front month corn below $4 and soybeans below the $10 mark. Unfortunately, there isn’t a lot of bullish news for the markets to react to right now to generate positive price movement. John Heinberg is a Market Advisor with...
Trade agreements will benefit Iowa grain and livestock producers
A flurry of recent trade agreements and frameworks have been announced by the Trump administration ahead of the looming August 1 reciprocal tariff implementation deadline. Faith Parum, an economist with the American Farm Bureau Federation, said several of the deals...
Governor Reynolds issues disaster proclamation for four counties in response to severe weather
Today, Governor Kim Reynolds issued a disaster proclamation for Hancock, O’Brien, Osceola and Sioux Counties in response to severe weather that occurred on July 28, 2025. Gov. Reynolds’ proclamation allows state resources to be utilized to respond to and recover from...
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Food Bank of Iowa receives bee-utiful donation of honey
Today, the Sioux Honey Cooperative and Fareway Stores partnered up to donate 6,480 bottles of honey to the Food Bank of Iowa. A natural source of antioxidants and energy, honey is a healthy and easy-to-use addition to the meals that are provided for food-insecure...
Central Iowa farm demonstrates potential of water conservation practices
Earlier this week, the Central Iowa Clean Water Partnership hosted a field day to celebrate a new on-farm wetland at the Helland Family Farm near Madrid, Iowa. This wetland is particularly notable due to its proximity to the Des Moines metro and its ability to serve...
A return to above normal temperatures in mid-September
USDA meteorologist Brad Rippey says near to above normal temperatures and precipitation are expected for most of the nation for the week of September 16th-22nd. Rippey says the National Weather Service’s 8-14 day outlook calls for a return of warmer temperatures in...
Ag trade deficit hit another record high in July
The U.S. agricultural trade deficit widened further in July, highlighting the challenge facing President Donald Trump as he vows to reverse the trend. Agricultural exports lagged imports by $4.97 billion in July, a gap 9% wider than a year earlier and the largest on...
Grassley warns trade stalemate hurts U.S. farmers
The Trump Administration’s approach to trade has led to prolonged uncertainty in agricultural markets, leaving farmers to contend with tighter margins and unsettled outlooks. While the intent has been to secure better terms for the United States, many of the disputes...
