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July WASDE report indicates tight grain supplies

July WASDE report indicates tight grain supplies

The July WASDE report was projected to be a friendly one, and it turned out to be even more friendly than expected. A significant cut to corn supplies and tightened supplies for soybeans and wheat indicate that there isn’t much leeway for weather issues in the back half of the growing season. Allendale commodity broker Greg McBride said the overall reduction to the old crop corn stocks was larger than expected. McBride said there was virtually no change to the corn production numbers. The...

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Cattle markets can’t stay bullish forever

Cattle markets can’t stay bullish forever

The cattle markets have been in a bullish market for quite a while now, and we’ve almost grown used to the record-high prices. However, it’s dangerous to get too comfortable with a rally like this. USDA chief economist Seth Meyer said he’s unsure of how long this bull...

Record world and U.S. corn production expected

Record world and U.S. corn production expected

USDA published the May WASDE report on Monday May 12th and the first look at the new corn marketing year signals projected record production in the United States and globally. That is World Agricultural Outlook Board Chair Mark Jekanowski. Despite record production,...

Choose Iowa passport launches as free guide to agritourism adventures

Choose Iowa passport launches as free guide to agritourism adventures

Iowa Secretary of Agriculture Mike Naig today launched the Choose Iowa Passport, a free, interactive digital platform designed to help Iowans and visitors find farms and farm stands, orchards, you-pick opportunities, farm-to-table dining and restaurants, farmers...

NCBA: Supportive of talks, focused on details

NCBA: Supportive of talks, focused on details

The agriculture sector is keeping a close eye on the evolving trade and tariff signals coming from the Trump Administration. Historically, agriculture is often the first target when other nations retaliate with tariffs, putting added pressure on farmers and rural...

Map the Meal Gap study shows that food insecurity continues to increase

Map the Meal Gap study shows that food insecurity continues to increase

Many people underestimate the prevalence of food insecurity. Feeding America’s annual Map the Meal Gap study shows that food insecurity has increased in every county in Iowa and impacts 385,130 Iowans- over 120,000 of which are children. That’s 12% of Iowans and 16.6%...

Planting window has been wide open in Southwest Iowa

Planting window has been wide open in Southwest Iowa

Aside from a few storms earlier this spring, the weather has been mostly wide open for planting season. With most of the crops planted at this point, farmers are now waiting for some timely rains. Southwest Iowa Beck’s Agronomist Nate Meyer said the planting window...

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Farmer sentiment weakened in July

Farmer sentiment weakened in July

Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline from June. The July Current Conditions Index dropped 17 points to 127, while the Future Expectations...