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What to expect in the Prospective Plantings Report

What to expect in the Prospective Plantings Report

The 2026 USDA Prospective Plantings Report is scheduled for release on Tuesday March 31st. The report surveys farmer planting intentions for major crops, including corn, soybeans, wheat, and more. This report gives us the first real snapshot of what planted acreage could look like for the upcoming growing season and the possible effect on prices in the ag marketplace. Matt Bennett is the CEO and co-founder of AgMarket.Net and he says that one of the biggest points of interest in the report...

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Pork Checkoff rates may be lower, but mission remains the same

Pork Checkoff rates may be lower, but mission remains the same

The Pork Promotion, Research, and Consumer Information Act mandates the Pork Checkoff. It requires a promotion fee to be collected any time a hog is sold. The rate had been 40 cents per hundred dollars, but a vote earlier this year reduced that rate to 35 cents per...

FSA Emergency Relief Program Phase 2 being worked out

FSA Emergency Relief Program Phase 2 being worked out

Farmers have to deal with many unknowns when they put in the crop each year. That is why they purchase crop insurance and take advantage of programs from the United States Department of Agriculture (USDA) to help them in times of need. The Federal Government has...

Rabobank: Fertilizer prices lower in 2023

Rabobank: Fertilizer prices lower in 2023

Fertilizer consumption suffered in 2022 due to market volatility and record-high prices. However, a new Rabobank report says a recovery in consumption is possible in some regions next year, with fertilizer prices lowering and commodity prices at historically high...

South American Weather and Crop Update (12-6-22)

South American Weather and Crop Update (12-6-22)

The weather in Brazil is still looking good, and the weather in Argentina is still dry. Allendale commodity broker Greg McBride provided an update on the latest weather patterns down in South America.McBride said that the stellar weather in Brazil could produce a...

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U.S. Export Sales Report (8-3-23)

This week’s export sales were neutral, but that’s definitely not from a lack of sales action, especially in new crop soybeans. Allendale commodity broker Greg McBride provided a breakdown of this week’s report.Flash sales have also been popping up here and there,...