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U.S. Export Sales Report (7-24-26)
This week saw another mostly uneventful export sales report, but that is typical for this time of year. Allendale commodity broker Greg McBride said the corn markets are mostly done looking at the old crop sales and have instead shifted their focus to the shipment numbers. McBride said the soybean markets are also not too worried about old crop sales, but the new crop sales were great. As far as the U.S.-China trade agreement goes, McBride said there is still some good progress being made. The...
Lower beef production, higher steer prices
Beef supplies continue to tighten, yet consumer demand remains strong. That has led to a one-way street for beef prices with the price continuing to climb for consumers. USDA’s August forecasts for beef production and steer prices also demonstrate the effect of...
Pork- a “friend to all foods”
Pork is often called a “friend to all foods” thanks to its versatility and being a carrier food. As one of the most widely consumed proteins globally, it's a natural fit for various meals. Emily Krause, director of nutrition, health, and wellness initiatives at the...
Iowa Corn Day puts spotlight on everyday impact
The Iowa State Fair is always a showcase for agriculture, and on Iowa Corn Day, the spotlight turns to the state’s leading crop. From food and fuel to global exports, corn’s impact reaches far beyond the fairgrounds. It’s also a chance for leaders in the industry to...
Cooperative Iowa weather has led to rapid crop growth
This year’s weather has been mostly outstanding for the crops, and that is easy to see when you look at your nearest corn and soybean fields. Too much rapid growth can cause problems, however, and Iowa farmers are seeing that this year. David Hoy, northeast Iowa...
Grassley sees Section 301 as back-up if courts block Trump tariffs
Brazil has been a hot topic in United States ag policy in recent months, and United States Senator Chuck Grassley (R-IA) says that is justified. Senator Grassley says that the Section 301 probe just launched against Brazil is needed in case President Trump’s tariffs,...
South American Weather and Crop Update (8-20-25)
It’s been dry for so long in South America that it’s almost time already for the next planting season. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in Brazil and Argentina. McBride said harvest in Brazil is getting close to...
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South American Weather and Crop Update (10-28-25)
While we wait to hear more official news about President Trump’s Argentine beef import plan, farmers in South America are rolling along with planting season. Allendale commodity broker Greg McBride gave an update on the latest weather patterns in Brazil and Argentina....
Increasing opportunities for U.S. pork in South Korea
South Korea ranks as the fifth-largest market for U.S. pork year-to-date. Andy Tauer, vice president of international market development with the National Pork Board, said strong consumer demand in South Korea is expected to keep growing, which could move the country...
Trade talks boost grain markets ahead of Trump-Xi meeting
Following U.S. Treasury Secretary Scott Bessent’s preliminary negotiations with Chinese trade officials, the grain markets have rallied significantly ahead of President Trump’s meeting with President Xi Jinping of China. Commodity broker Joe Camp of Commstock...
Bessent: deal set for China to begin importing U.S. Soybeans
Treasury Secretary Scott Bessent said he expects that China won’t impose export controls on rare earth mineral exports, and the U.S. won’t impose 100 percent tariffs on China. During separate interviews over the weekend, Bessent said trade negotiations with China have...
Naig says Congress has wasted enough time
As the government shutdown drags into its twenty-eighth day, frustration across the country is boiling over. From farmers waiting on FSA offices to reopen, to families relying on SNAP benefits, real Americans are paying the price while Congress remains stuck in its...
