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South American Weather and Crop Update (6-23-26)
Once again, the weather forecasts in South America are leaning more towards drier weather. Allendale commodity broker Greg McBride said both Brazil and Argentina should see a lack of rain. McBride said that, once the El Nino weather pattern kicks in more, South America could see even more dry weather. Right now, however, the dry weather won’t impact much directly, as both Brazil and Argentina are going through harvest. McBride said harvest in Brazil is still in the very early stages. McBride...
USDA forecasts higher retail egg prices for 2025
If you purchased eggs throughout 2024 you are well aware of the climbing price of eggs over the course of the year. Eggs are up in price on average 7.7% compared to last year. Unfortunately, those prices are not expected to decline in 2025. That is USDA economist,...
Rapid growth for biodiesel and renewable diesel in 2024
The U.S. is on pace to surpass five billion gallons of biodiesel and renewable diesel consumption for the first time. That caps a 2024 that saw increased efforts from states to drive adoption, updates to technical standards, growth in soybean crush capacity, and...
Port labor contract dispute disrupting red meat exports
U.S. agriculture is bracing for a potential work stoppage at East and Gulf Coast ports that could greatly disrupt U.S. exports. Contract negotiations between the International Longshoremen’s Association and the U.S. Maritime Alliance broke down in mid-November over...
Secretary Naig’s Year in Review (part 1)
It’s hard to believe that 2024 is coming to an end on Wednesday. It feels like just yesterday that we were kicking off the new year. I know they say time flies, but this one felt like we blinked and missed it. However, as fast as this year seemed to go, it wasn’t...
U.S. Export Sales Report (12-27-24)
We normally don’t expect much from the export sales report during the holidays, but today’s report was surprisingly good. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. There haven't been any flash sales recently, but...
Previously reinstated Beneficial Ownership Filing requirement on pause again
The roller coaster that is the battle over Beneficial Ownership Information reporting requirements is going for another loop. A previously reinstated filing requirement has once again been put on hold. Dustin Sherer, director of government affairs for the American...
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More Ag News
John Deere continues to advance autonomous farming
Agricultural technology has advanced at an astonishing pace, transforming how we work the land in ways my grandfather could never have imagined. He was the last in our family to plow fields with horses, eventually trading reins for the steering wheel of a tractor, a...
Pioneer reflects on first year of Z-Series soybeans
At last year’s Commodity Classic in Houston, Pioneer announced the full launch of the Z-Series line of soybeans. One year later, they are now reflecting on the successes of the Z-Series genetics and traits. Shelby Schaa, marketing effectiveness manager with Corteva,...
Is it finally time to begin rebuilding the cattle herd?
The cattle inventory in the United States remains low with producers still asking the question, when will it be time to rebuild the herd? Mark Johnson, the extension beef cattle breeding specialist for Oklahoma State University, says there are signs the industry needs...
Legislation would expand access to meat and poultry
Senators Chuck Grassley (R-IA), a member of the Senate Ag Committee, joined Mike Rounds (R-SD) in reintroducing the “New Markets for State-Inspected Meat and Poultry Act.” The bipartisan legislation would allow meat and poultry products inspected by state Meat and...
President Trump discusses solutions for potential labor shortage
As deportations continue to increase, many farm laborers are worried about whether or not they will be able to work in the U.S., and their employers are worried about having enough labor to get through the crop year. That issue now appears to be on the President’s...
