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U.S. beef gains expanded access to Saudi Arabia

U.S. beef gains expanded access to Saudi Arabia

The Saudi Food and Drug Authority recently announced that participation in the Export Verification (EV) Program will no longer be required for U.S. beef exports to Saudi Arabia. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom said this change, now fully implemented, removes a significant barrier for U.S. beef in a rapidly growing foodservice market. Removing the EV Program requirement, which had been in place since 2015, significantly expands the percentage of U.S. beef...

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Market Psychology 101

Market Psychology 101

Ok class, take your seats. It is time for today?s lecture.I will admit that psychology wasn?t my favorite class in college, but it does give us some insight into the way people think and react to certain situations. However, it is a little unusual to think about a...

Grassley in favor of legislation to counter Prop 12

Grassley in favor of legislation to counter Prop 12

Proposition 12 is a California law that mandates more space for breeding pigs. The United States Supreme Court justices upheld a decision to dismiss the lawsuit from the National Pork Producers Council (NPPC) and the American Farm Bureau Federation (AFBF) that sought...

Climate pattern likely to shift to El Nino later this spring

Climate pattern likely to shift to El Nino later this spring

The drought conditions in Iowa have been trending in the right direction recently, as some timely rains have worked to replenish the soil moisture levels. Iowa State Climatologist Dr. Justin Glisan provided an update on the latest U.S. Drought Monitor report for the...

South American Weather and Crop Update (5-16-23)

South American Weather and Crop Update (5-16-23)

The weather in South America is still pretty open and dry for farmers to work in the fields. While they would?ve appreciated that weather earlier this year, it?s still making things easier. Allendale commodity broker Greg McBride provided an update on the latest...

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U.S. Export Sales Report (12-14-23)

U.S. Export Sales Report (12-14-23)

This week’s export sales were neutral on the marketplace, but the sales were actually still very good for this time of year in the corn and wheat markets. Allendale commodity broker Greg McBride gave an update on the latest export numbers from the USDA. McBride said...