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U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said the soybean sales rebounded this week. While McBride said he is confident that China will hold up to its end of the agreement, it won’t do much for the soybean markets. The team at Allendale can be reached by calling 800-262-7538,...
NPPC, Farm Bureau lead coalition to urge congressional fix to Prop 12
The National Pork Producers Council (NPPC) joined forces with the American Farm Bureau Federation to garner support from 900+ agricultural stakeholders supporting the federal fix to California Prop. 12 to be included in the 2024 Farm Bill. Laying out robust arguments...
Taxpayer groups speak out against Farm Bill subsidy costs
As the House and Senate Ag Committees have released their versions of the Farm Bill, we are seeing reactions from all over the place. Mostly we focus on the programs that are included in the titles from an Ag perspective. We talk about the Commodity Credit...
Connecting with consumers to put more pork on the plate
Among younger generations in the United States, fresh pork consumption is on the decline. What does that mean for the pork industry and how can the industry adapt to make pork the protein of choice for younger consumers? That is Bill Even, CEO of the National Pork...
Despite tighter margins, there are still opportunities for profits
The Federal Reserve Bank of Chicago recently released its May agricultural market newsletter, and it included data on agricultural conditions in Iowa. Nationwide Senior Economist Ben Ayers said the report highlighted some persisting struggles that Iowa farmers are...
Grassley comments on House version of farm bill
Last week House Ag Committee Chair GT Thompson released the House version of the farm bill for discussion ahead of the markup session on May 23rd. United States Senator Chuck Grassley (R-IA) says that he is still working through the text of the bill but is pleased...
South American Weather and Crop Update (5-21-24)
Completely opposite to what we’re experiencing right now, there’s some dryness across much of Brazil right now. This is starting to raise some concerns for the safrinha crop. Allendale commodity broker Greg McBride gave an update on the latest weather patterns. The...
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More Ag News
Take the initiative against SCN during SCN Action Month
BASF Agricultural Solutions and The SCN Coalition are partnering together to recognize October as SCN Action Month for the fourth straight year. The partnership brings farmers the latest tools, research, and resources in order to effectively manage soybean cyst...
Despite crop adjustments, USDA still projects a record harvest
USDA made slight changes to its October crop production forecasts, but as expected, it still predicts record soybean and near-record corn crops. USDA Chief Economist Seth Meyer said the October crop forecasts, after adjustments, had no surprises. As for the soybean...
Grassley discusses timeline for potential new farm bill in 2025
Senator Chuck Grassley (R-IA) says that it is looking more and more likely that a new farm bill is not passed in time in 2024. With a time crunch for Congress following the presidential election in early November, and still no farm bill compromise in place, another...
U.S. corn production up while soybean production drops
Friday’s USDA Crop Production Report showed corn production is forecast at 15.2 billion bushels, up less than one percent from the previous forecast, but down one percent from last year. Soybean growers are expected to increase their production by ten percent from...
A Christmas miracle amid a September hurricane
For a few weeks, we have been focused on the aftermath of Hurricane Helene in North Carolina, Tennessee, Florida, and Georgia. We have stories of loss and destruction. The disruption of lives has been breaking our hearts and leaving us all struggling to find ways to...
