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South American crops produced a quality growing season

South American crops produced a quality growing season

Brazil’s second corn crop of the year is being harvested now. Dr. Michael Cordonnier of Soybean & Corn Advisor, Inc. says some areas of the country are experiencing more moisture than normal but widespread damage to corn crops has not been reported. Cordonnier says including the Argentinian crop, South America has produced high yields once again this season. Argentina’s early-season dryness raised concerns, but moisture conditions improved enough to support strong yields across many...

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U.S. Export Sales Report (12-5-24)

U.S. Export Sales Report (12-5-24)

The weekly export sales continue to look great for corn and soybeans- in fact, soybeans set a record for this week. Allendale commodity broker Greg McBride gave an update on the latest report from the USDA. McBride said flash sales have been slightly slower lately....

Last of Iowa’s Ag drainage wells finally closed off

Last of Iowa’s Ag drainage wells finally closed off

Drainage and water runoff have been an age-old problem in agriculture. We have taken many steps to try and find quicker and more efficient ways to create drainage solutions. While many of us are more used to the tile systems we see today, that wasn’t always the case....

Administration won’t finalize 45Z guidance

Administration won’t finalize 45Z guidance

Biden administration officials won’t finalize guidelines on new clean fuel production tax credits intended for the airline and biofuel industries before the officials leave office in January. Three sources told Reuters that casts significant doubt on the future of a...

CLAAS continuing to support farmers as dealer network shifts

CLAAS continuing to support farmers as dealer network shifts

This year saw a shift in the dealer network for CLAAS, as both Ziegler and Butler Ag Equipment decided to focus their efforts and no longer carry the CLAAS line. Daryl Theis, head of sales and marketing at CLAAS, said they appreciate the long partnership they had with...

December farm income forecast shows lower 2024 numbers

December farm income forecast shows lower 2024 numbers

The USDA’s December Farm Income Report showed only a slight change from September’s numbers. Revised estimates in the 2024 Farm Income Forecast still show agriculture taking a big financial hit this year. Danny Munch, an economist at the American Farm Bureau...

Income prospects differ for livestock vs. crop producers

Income prospects differ for livestock vs. crop producers

The farm income bottom line is vastly different this year for livestock producers compared to row crop farmers. Spiro Stefanou, Administrator of USDA's Economic Research Service, says that USDA’s farm income forecast for this year shows crop receipts down almost...

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U.S. Export Sales Report (3-27-25)

With everything going on in the ag economy right now, the export sales have taken a back seat. The greater focus is more on the Quarterly Grain Stocks and Prospective Plantings reports. Allendale commodity broker Greg McBride said it was a decent week for export...