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U.S. Export Sales Report (7-9-26)
This week’s export sales were mostly within the range of estimates. Both corn and soybeans continue to see a lot of good news in the weekly reports. Allendale commodity broker Greg McBride said the corn numbers were slightly low, but that doesn’t change the positive direction of those exports. McBride said China has been showing up on the soybean balance sheet, so they are holding up their end of the trade agreement so far. McBride said the flash sales have been full of purchases from China....
Examining the operating expense ratio
The operating expense ratio is a tool that farmers can utilize to determine the financial efficiency of their grain farms. Gerald Mashange, an agricultural economist at the University of Illinois, explains how the operating expense ratio is calculated. Mashange says...
Vaccinating birds against HPAI poses trade and logistical challenges
The war on avian influenza may soon include vaccines for birds. However, there are challenges to a nationwide vaccination strategy. USDA is investing significant resources to fight Highly Pathogenic Avian Influenza, including $100 million into research and development...
Bessent signals optimism as U.S./China trade talks stall in public
Treasury Secretary Scott Bessent, in an interview with CNBC, expressed optimism that “substantial progress” in U.S./China trade negotiations could be achieved in the coming weeks. However, the overall status of talks remains uncertain, with public statements from both...
2025 World Pork Expo right around the corner
The 2025 World Pork Expo is right around the corner, set for early June in Des Moines, Iowa, and it promises to once again bring together pork producers, industry leaders, and ag enthusiasts from across the country. National Pork Producers Council President Duane...
Caitlin Clark Foundation and Hy-Vee donate over $300k to Feeding America
Today, Hy-Vee and the Caitlin Clark Foundation presented a donation of $300,802.85 to Feeding America at the Food Bank of Iowa. The donation, which is the result of a round-up campaign held across all Hy-Vee stores this past March, will provide three million meals to...
South American Weather and Crop Update (5-6-25)
While the weather is nice and clear in South America, it’s still notably dry. Allendale commodity broker Greg McBride said the weather is supportive for harvest progress in the short term, but the dryness could become concerning if it continues for too long. As it has...
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More Ag News
Grain donations could turn harvests into hope
Hunger remains a persistent challenge across the country, affecting people of all backgrounds, incomes, and communities. It’s a crisis that cuts across urban and rural lines alike, with food pantries and assistance programs struggling to keep up as demand grows. More...
Heat dome ridge led to derecho in Upper Midwest
The Midwest heat dome is finally broken, and temperatures are now much more pleasant. The heat dome didn’t leave quietly, though, as it caused a derecho to form and tear across much of the Upper Midwest. Dr. Justin Glisan, state climatologist for Iowa, said a “ring of...
U.S. Export Sales Report (7-31-25)
This week’s export sales were back to the great pace that we saw for a while. Allendale commodity broker Greg McBride said new crop corn sales set a record for this week. On the other hand, McBride said the new crop soybean sales are concerning. McBride said some...
Grassley addresses the chances of a farm bill in 2025
After Congress included farm bill improvements in the reconciliation bill, talk in Washington D.C. shifted to crafting a “skinny farm bill” before the end of 2025. The scaled down version of the traditional farm bill would address the remaining ag programs that were...
Ag groups support new trade deals
A series of new trade deals between the United States and countries around the world will directly benefit America’s farmers and ranchers. Groups like the American Farm Bureau support the agreements, noting that strong and enduring agreements help connect U.S. farmers...
