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South American Weather and Crop Update (6-9-26)
While drier conditions still remain in South America, recent rainfall has caused a notable improvement. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. Currently, farmers in Brazil just wrapped up first crop corn harvest and are waiting to start on the safrinha crop. McBride said harvest is almost finished for the crops in Argentina as well. Here in the U.S., the grain markets are looking ahead to this month’s WASDE report, which will...
Farmers are already feeling the impact of the expired farm bill
With no new farm bill in place after the 2018 farm bill deadline passed, there are already impacts on U.S. farmers and ranchers. Sam Kieffer, vice president of public policy for the American Farm Bureau Federation, outlined some of the programs that went away. Keiffer...
How has U.S. ag trade evolved in the last 100 years?
A lot has changed in the United States ag trade over the last century. USDA senior economist Sharon Sydow at this year’s ag outlook forum explains where the U.S. ag economy was 100 years ago. Price volatility, foreclosures, and high land values were all thorns in the...
U.S. hog inventory up slightly
The U.S. inventory of hogs and pigs on September 1, 2024, totaled 76.5 million head, up slightly from September 1, 2023, and two percent higher than June 1, 2024. Breeding inventory, at 6.04 million head, was down two percent from last year, but up one percent from...
Rural North Carolina reeling after Hurricane Helene
We are no stranger to storm damage in the Midwest. Hail, tornados, and derechos can wreak havoc on our acres. But for everything we deal with, except for the 2020 derecho, it is nothing compared to the strength of a hurricane. The Southeastern part of the country is...
Quarterly Grain Stocks report didn’t make much of an impact
The grain markets were positioned for an impactful Quarterly Grain Stocks report, but what we got today was simply a neutral and slightly positive report. Allendale commodity broker Greg McBride said the corn numbers were friendly to the marketplace. McBride said the...
Partisan gridlock and the election could again delay farm, ag spending bills
Partisan gridlock and fallout from the November election could again force Congress to postpone key decisions for agriculture into 2025. It’s not just the farm bill, but USDA and other spending bills are also stuck in months of political gridlock in a narrowly divided...
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More Ag News
Driving demand for pork now and into the future
Matt Gent is now the past President of the Iowa Pork Producers Association. He moves into the role after serving as the President of the IPPA last year. Aaron Juergens has taken over as the new President of the organization for 2025. Gent tells the Iowa Agribusiness...
Cattle producers want to keep Section 199A around
Several tax bills have been recently introduced in Congress in order to protect several key tax provisions from the 2017 Tax Cuts and Jobs Act and ensure cattle producers can keep more of their hard-earned money. In the latest episode of the National Cattlemen’s Beef...
Tips to extend the life of farm tires
Every minute in the field counts, and durable tires are the key to keeping up. Firestone Ag Tire expert Bill Durivage says tire technology and design boost durability, allowing you to cover more ground with fewer replacements and greater reliability. Proper tire tread...
Farm Bill progress: optimism meets legislative realities
With a new Congress in place and fresh leadership in the Senate, the timetable for the next Farm Bill is taking shape amid shifting political priorities. Lawmakers face the challenge of crafting bipartisan legislation that addresses agriculture, nutrition, and rural...
U.S. agriculture directly in the bullseye
Mexico’s President Claudia Sheinbaum said she doesn’t believe the U.S. will impose tariffs on Saturday, February 1, as President Donald Trump had pledged. Reuters says her administration has already put a response plan in place if it becomes needed. The report says...
