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South American Weather and Crop Update (3-17-26)
The weather patterns are still favorable for farmers as harvest and planting continues in Brazil. Allendale commodity broker Greg McBride gave an update on the latest forecasts for South America. McBride said progress is still looking good for both harvest and planting in Brazil. Since Brazil is normally the prime exporter for soybeans at this time of year, McBride said the meeting delay for President Trump and President Xi Jinping shouldn’t change global exports too much right now. However,...
Phil’s forecast and possible ag implications
For those of us in the Midwest and eastern states, Punxsutawney Phil’s Groundhog Day forecast comes as no surprise with the famous groundhog calling for six more weeks of winter. That is USDA meteorologist Brad Rippey who says that Phil’s forecast lines up with the...
Farmers aggressively sold soybeans in 2025
U.S. farmers were aggressive sellers of soybeans last fall as prices climbed after trade tensions eased between the U.S. and China. With higher prices and a swifter pace of sales, commercial ownership of soybeans rose sharply while use of delayed pricing programs and...
USDA cattle numbers show ongoing herd decline
The USDA released its latest Cattle Inventory Report last Friday, just ahead of this week’s National Cattlemen’s Beef Association convention in Nashville. While the overall change in cattle numbers was modest, the data continues to reinforce a long running trend of...
NE Iowa farmer saw impressive soybean yields in 2025
Last year’s crop season was full of curveballs, but farmers were still able to grow some very successful crops. In fact, several Iowa farmers were winners of the 2025 Asgrow Brand National Yield Contest. The annual competition is open to any farmers in the U.S. who...
Dairy producers see unexpected spike in market prices
A recent jump in the dairy markets was good news for dairy producers. Mike North, the president of the producer division with Ever.Ag, appeared at the Wisconsin Corn/Soy Expo and said the spike in prices was driven by weather. North said in this era of price...
Data tells the sustainability story
Hog producers strive to raise pigs in a way that produces healthier pigs, healthier people, and a healthier planet every day. However, if producers cannot demonstrate results through data and measurable metrics it is hard to pass that message on to the supply chain,...
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More Ag News
February WASDE report was as uneventful as expected
After experiencing a very surprising January WASDE report, this month’s report was as quiet as expected. Overall, there really wasn’t much for the markets to react to. Allendale commodity broker Greg McBride gave an analysis of this month’s report. The report was so...
Increasing farm bankruptcies highlight economic challenges
New data from U.S. court filings indicate farm bankruptcy has risen again. This is yet another indicator that we are experiencing a struggling farm economy. Samantha Ayoub, an economist with the American Farm Bureau Federation, said the data paints a stark picture of...
Adoption of precision dairy technologies
Most row crop farmers are very aware of and knowledgeable about precision agriculture technology. However, animal agriculture is quickly adopting more precision agriculture technology and that extends into the dairy industry. USDA research economist Johnathan McFadden...
Farm bankruptcies continued climbing in 2025
A new American Farm Bureau Market Intel Report said Chapter 12 farm bankruptcies increased for the second year in a row, reaching 315 filings in 2025, a 46 percent increase from 2024. The Midwest and Southeast filed 121 and 105 Chapter 12 cases, respectively, far...
Why discipline matters more than market moves
Risk management is always part of agriculture, but in today’s volatile markets, the fundamentals matter as much as ever, regardless of operation size. Understanding costs, knowing who you are selling to, and being honest about what a balance sheet can withstand are...
