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Reporting deadline approaching for Farmer Bridge Assistance Program
USDA recently announced $12 billion is available for a Farmer Bridge Assistance Program, and the first deadline for getting signed up for the financial assistance is this week. Richard Fordyce, USDA Undersecretary for Farm Production and Conservation, said the first thing farmers need to do is submit an acreage report. Fordyce said the goal is to help farmers struggling with high input costs, low commodity prices, and retaliatory tariffs due to trade disputes. Fordyce said there will be...
Flash sale data shows that China has not made big U.S. purchases yet
Last Friday was the first WASDE report since the end of the government shutdown. While the markets have already from recovered from that report, there is still plenty of information that was released that the markets will continue to look at. Allendale commodity...
What to expect from La Nina weather pattern this winter
It has been over a month since the National Weather Service officially declared the La Nina weather pattern for North America this winter. USDA meteorologist Brad Rippey says a La Nina winter has been the norm in recent years. Rippey describes the winter weather that...
Jay Theiler of Agri Beef Company elected chair of USMEF
The U.S. Meat Export Federation (USMEF) concluded its Strategic Planning Conference in Indianapolis Friday with election of new officers. Chairing USMEF for the 2025-26 term is Jay Theiler, executive vice president of corporate affairs for Agri Beef Company in Boise,...
Naig: USDA is back and Iowans stayed committed
The federal government is back open following the longest shutdown in United States history. Congress reached an agreement late last week, the President signed it, and agencies have been working their way back to normal ever since. USDA entered the restart period in a...
Grain markets react negatively to November WASDE
Friday brought us the first WASDE report in two months, and the markets had lofty expectations. However, the figures from this report were disappointing and caused a negative reaction in the grain prices to end the week. Allendale commodity broker Greg McBride said...
Increased biofuel demand could boost farm economy
At a time when the farm economy is facing a downward turn, farmers and ranchers are looking for expanded market opportunities. Faith Parum, an economist with the American Farm Bureau Federation, said increased biofuel production could be one avenue to increase farm...
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CLAAS FARMPOINT can bring repairs to the field
Fourteen months ago, Ziegler Ag that it would no longer do parts services or sales for CLAAS combines. Since then, CLAAS has started several FARMPOINT locations in Iowa in order to fill in that service void. Daryl Theis, head of sales and marketing at CLAAS, said they...
Questions remain with U.S.-China trade deal
It’s been an interesting time in the soybean market, especially when it comes to trade with China. Initially, it was great to hear that the U.S. and China agreed to a trade framework that included China making U.S. soybean purchases. Jim McCormick, chief operating...
Record ethanol exports are expanding on strong demand
U.S. ethanol exports climbed sharply in August, driven by record sales to Canada and the European Union, federal trade data show. Shipments reached 188.8 million gallons, a 15% increase from July and 24% higher than a year earlier. Canada remained the top buyer at...
Revised USDA report schedule released
On Thursday USDA’s National Agricultural Statistics Service issued an updated release schedule for reports impacted by the recent government shutdown. Lance Honig of the National Agricultural Statistics Service says some of the reports can be released more quickly...
Skor outlines path to year-round E15
The push for year-round E15 is gaining new urgency as the ethanol industry looks to secure long-term certainty after months of political churn in Washington. Growth Energy CEO Emily Skor says the past year brought meaningful progress for higher blends, but the work is...
