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February WASDE report was as uneventful as expected

February WASDE report was as uneventful as expected

After experiencing a very surprising January WASDE report, this month’s report was as quiet as expected. Overall, there really wasn’t much for the markets to react to. Allendale commodity broker Greg McBride gave an analysis of this month’s report. The report was so uneventful that the markets have already moved on from it. This makes sense, as McBride said there shouldn’t be any changes between now and the Prospective Plantings report at the end of March. With President Trump also recently...

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Thunderstorms make summertime precipitation difficult to predict

Thunderstorms make summertime precipitation difficult to predict

Most of the crops in Iowa are in the ground at this point, so many farmers are keeping a close eye on the weather and praying for some “million-dollar rain.” To get a clearer picture of what the large-scale weather patterns will look like in the U.S., many analysts...

South American Weather and Crop Update (5-20-25)

South American Weather and Crop Update (5-20-25)

Parts of South America recently received some rain, but now there are concerns about water damage since they almost received too much rain. Allendale commodity broker Greg McBride said the upcoming forecast is looking to be drier for the bulk of Brazil and Argentina...

NASS releases 2024 county corn and soybean yields

NASS releases 2024 county corn and soybean yields

The National Agricultural Statistics Service released the 2024 county yield estimates for corn and soybeans. Following typical patterns, corn and soybean yields were highest in the Midwest Corn Belt region and south into the Mississippi Delta. Counties with yields...

Dairy & soybean producer talks about the value of Soy Checkoff

Dairy & soybean producer talks about the value of Soy Checkoff

The United Soybean Board, through the soybean checkoff, continues to invest in innovative ways to add value to U.S. soybeans. One area that shows strong potential is incorporating High-Oleic soybeans into livestock feeds, something we've highlighted in the past. Now,...

Warm and dry weather allowed for wide-open planting window

Warm and dry weather allowed for wide-open planting window

Iowa farmers have been treated to a mostly wide-open window for planting season this year, with warm and dry weather allowing for great working conditions. With most of the crops in the ground, we’re now hoping for some rain- and it looks like those prayers will be...

Trends in first meat export forecast for 2026

Trends in first meat export forecast for 2026

USDA has published its initial projections for the 2026 calendar year meat export forecast. World Agricultural Outlook Board Chair Mark Jekanowski says the beef export forecast is down, due to tightening beef supplies. On the other hand, pork and broiler export...

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February WASDE report was as uneventful as expected

Food spending increases from 2023-2024

USDA says per capita total U.S. food spending increased 3.2 percent from 2023 to 2024, slightly outpacing the 2.3 percent increase in food prices during the same period. That showed a stronger demand for food despite higher prices. However, national trends in sales...