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Weather may be more impactful than Cattle on Feed report
Last week’s Cattle on Feed Report didn’t appear to be a market mover. Kyle Bumsted, a livestock market analyst from Allendale, said the report had a very neutral tone. Bumsted said there were signs of early heifer retention late last year, but that doesn’t appear to be the case so far in early 2026. Bumsted said the recent winter storm moving through cattle country likely will have a much bigger impact than the report. The team at Allendale can be reached by calling 800-262-7538, or you can...
Markets eyeing several issues during final full week of January
FULL INTERVIEW: Greg McBride - Allendale, Inc.The grain markets are keeping a close eye on several issues during the final full week of January.Allendale commodity broker Greg McBride says there?s currently a more broad-sense of selling across most of the markets late...
Iowa will benefit from money put into local processor programs
Earlier this year, President Biden announced he was adding $1 billion dollars in aid and funding for smaller, local meat processors to get the business back up and running or get it up to speed. Until the COVID-19 breakout, the local butcher shop was fast becoming a...
Busy week on tap for Iowa Soybean Association
It?s a busy week for the Iowa Soybean Association.Leaders and members are gathering in Des Moines this week for several events including the January ISA Board of Directors Meeting, the 2022 ISA Winter Soy Summit and Legislative Reception.Ottumwa farmer Pat Swanson is...
NRCS accepting applications for new Conservation Incentive Contracts
USDA?s Natural Resources Conservation Service (NRCS) is accepting applications for Conservation Incentive Contracts ? a new program that provides conservation practice payments upon practice certification.Through the Environmental Quality Incentives Program (EQIP),...
U.S. Export Sales Report (1-21-22)
The U.S. Department of Agriculture (USDA) released its weekly U.S. Export Sales Report on Friday.The release of the U.S. Export Sales Report was delayed one day by the holiday last Monday. Allendale commodity broker Greg McBride said corn was neutral and beans were...
Farm Bureau hopeful for trade progress in 2022
The American Farm Bureau Federation believes a few recent announcements from President Biden represent progress on a number of trade issues.Farm Bureau officials remain hopeful that the new year will bring progress on the trade front. Dave Salmonsen, American Farm...
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More Ag News
Opening Market Podcast – Jim McCormick AgMarket.Net 11-23-22
"Don't pay attention to prices. Pay attention to profits." Jim McCormick says the economy may kick us hard after the holidays. There are black swans circling, and producers don't want to be caught leaving profits on the table.
Closing Market Podcast- Bill Moore PRICE Futures Group- 11-22-22
Riley Smith talks with Bill Moore of PRICE Futures.
South American Weather and Crop Update (11-22-22)
Same old song and dance this week as far as South American weather goes. It?s still a tale of two countries: Brazil has favorable conditions, and Argentina is still dry. Allendale commodity broker Greg McBride provided an update on the latest weather patterns for the...
Logistics challenges still present for shipping fertilizer
While input costs are high across the board, fertilizer prices have continued to climb. Josh Linville, Vice President ? Fertilizer with StoneX Financial, says that transporting fertilizer has not been easy.The Mississippi river has started to move more traffic and...
Mexico now open to importing some Brazilian pork
As part of its ongoing effort to attract more meat suppliers to the Mexican market, the Government of Mexico is now allowing some imports of Brazilian pork. Erin Borror, U.S. Meat Export Federation (USMEF) vice president of economic analysis, explained that all...
