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September WASDE leaves analysts scratching their heads

September WASDE leaves analysts scratching their heads

This month’s WASDE report was not as friendly as projected, but the markets still moved higher to end the week. A few factors, including the recent end of the old crop marketing year, may be influencing the markets in confusing directions. Allendale commodity broker Greg McBride said a deep dive into the report shows why the markets may have moved the way they did. McBride said the USDA is likely factoring in the China trade situation for the soybean adjustments. McBride also noted that the...

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Pro Farmer Crop Tour finds another strong crop

Pro Farmer Crop Tour finds another strong crop

For the second consecutive year, scouts on the Pro Farmer Crop Tour have found a record corn yield. The final report, released Friday on profarmer.com, projects a national average corn yield of 182.7 bushels per acre, which is about a 0.5% increase over last year’s...

Heat and moisture create ideal conditions for disease pressure

Heat and moisture create ideal conditions for disease pressure

As indicated by the results of the Pro Farmer Crop Tour, the crops in Iowa are looking good as we head into the end of the growing season. However, that doesn’t mean that there still aren’t some issues to look out for. Travis Ralfs, Eastern Iowa territory account...

Incoming ICPB President eyes opportunities for Iowa corn farmers

Incoming ICPB President eyes opportunities for Iowa corn farmers

Strong crop prospects are welcome news, but Iowa farmers know that good yields don’t always guarantee strong prices. Building demand at home and abroad remains a top priority, and that’s where the work of the Iowa Corn Promotion Board comes in. As the organization...

U.S. Export Sales Report (8-21-25)

U.S. Export Sales Report (8-21-25)

After last week’s market news chaos, this week was much calmer. Export sales were great for corn and decent for soybeans. Allendale commodity broker Greg McBride said corn sales set another weekly record. Soybeans still have some issues to work out, but this week’s...

U.S. and EU issue a joint statement on trade framework

U.S. and EU issue a joint statement on trade framework

The U.S. and the European Union announced that they’ve agreed on a Framework of an Agreement on Reciprocal, Fair, and Balanced Trade. Among the key terms, the EU intends to eliminate tariffs on all U.S. industrial goods and provide preferential market access for a...

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Consumers shrug off high beef prices

Consumers shrug off high beef prices

When retail prices for any product reach record-high levels, the demand usually plummets quickly. U.S. beef appears to be the exception to the basic rule of economics. Retail grocery store prices for beef skyrocketed and show no signs of descending. But demand hasn’t...

Cattle industry monitoring human screwworm case

Cattle industry monitoring human screwworm case

A human case of New World screwworm was reported by the Centers for Disease Control after being discovered earlier this month. Colin Woodall, CEO of the National Cattlemen’s Beef Association, said the cattle industry will monitor the situation, but this isn’t a risk...