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News headlines bring negativity to soybean marketplace
Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump brought negative price movement to the soybean complex. The President was scheduled to visit with the President of China, Xi Jinping, at the end of March but Trump indicated that the meeting could be delayed. That is commodity broker,...
Vilsack announces second round of funding for USDA?s Partnerships for Climate-Smart Commodities Program
Recently, Ag Secretary Tom Vilsack announced the second round of project funding under USDA?s Partnerships for Climate-Smart Commodities Program. Vilsack explained how the second round of funding is different from the first.?We realize that we needed to have smaller...
McKinsey & company release global farmer survey results
Despite economic disturbances, high crop prices are giving farmers around the world cause for cautious optimism, according to a new survey. Global consultancy McKinsey & Company this week released the results of its global survey of 5,500 farmers from nine countries....
Double-Check the new National Broadband Map
Last month, the Federal Communications Commission (FCC) released its National Broadband Map. Emily Buckman, Director of government affairs for the American Farm Bureau Federation, said the new map shows location-specific information about the availability of broadband...
Conservation agronomists helping farmers to implement conservation practices
More farmers have adopted conservation practices and techniques on their farming operations in hopes of improving water quality, lessening soil erosion, or just improving efficiency on their farm. Ben Porepp, a conservation agronomist with the Iowa Soybean...
Bayer premium TriVolt herbicide ready for full product launch in 2023
Bayer received good news in early 2022 that its newly developed premium, pre-selective herbicide TriVolt had been granted registration by the EPA. That led to many trial runs during the 2022 growing season.After receiving EPA approval in early 2022 for its new TriVolt...
U.S. Export Sales Report (12-15-22)
Today?s report actually provided some good numbers for the markets to react to. We likely won?t see anything monumental as we approach the end of the year, but we?ll gladly take positive export sales. Allendale commodity broker Greg McBride provided an analysis of the...
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More Ag News
August WASDE creates mild reaction in the grain markets
If we’ve learned anything from this year’s WASDE reports, it’s that you always have to be prepared for the unexpected. More often than not, the estimates turn out to be mostly accurate, and that was the case with this month’s report. Looks can be deceiving, though, as...
The importance of increasing traceability in the pork industry
Increasing traceability in the pork industry protects Iowa pork producer profitability. The National Pork Producers Council is developing a resolution to adopt updated Swine Traceability Standards. NPPC President Scott Hays said it’s all about filling...
Showing at the Governor’s Steer Show is an honor for the kids
One of the highlights that we focus on at the beginning of the Iowa State Fair is the Iowa Governor’s Charity Steer show, which raises money for the Ronald McDonald Houses in Iowa. This year will be the 41st show. The kids that are chosen to show a steer with their...
One thousand pounds of pig
The Big Boar contest at the Iowa State Fair is annually one of the biggest draws at the swine barn and this year was no exception. Despite a small field of contestants, a big crowd was on hand Monday for the show to see which boar tipped the scales at the heaviest...
U.S. Export Sales Report (8-10-23)
Ahead of tomorrow’s WASDE report, this week’s export sales didn’t bring too much excitement. Allendale commodity broker Greg McBride provided a breakdown of the latest U.S. Export Sales Report.While we will obviously learn more about the USDA’s shipment goals...
