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Very few changes made in March WASDE report
As expected, the USDA made very minor changes to the numbers in the March WASDE report. The U.S. ending stocks were left alone, and the crop production estimates for Brazil and Argentina were slightly adjusted. Allendale commodity broker Greg McBride said it was a very neutral report overall. Since there are usually low expectations for the March WASDE report, McBride said global news- like the conflict in Iran- will continue to affect the ag marketplace the most until we get to the Quarterly...
Hinson says inflation was still a primary concern during her eighth 20-county tour
Elections are coming up very soon, so it?s important to think about what issues we?re all facing as Iowans. There?s one big issue that affects all of us, though, and that?s higher living costs. Iowa 1st District Congresswoman Ashley Hinson recently completed her...
Pork exports continue upward trend as beef exports settle slightly
U.S. pork exports topped year-ago totals for the second consecutive month in September, while beef exports dipped below the $1 billion dollar mark but remain on a record pace, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF)....
USDA invests in processing capacity
November 4, 2022USDA INVESTS IN PROCESSING CAPACITY: Earlier this week, USDA announced more than $233 million in grants and loans for meat and poultry processors across the U.S. USDA Rural Development State Director in Iowa Theresa Greenfield announced more than $16...
This business could get out of control
When it comes to the volatility we have in the markets, they are usually most affected by politics, inflation in the economy, and our production numbers. This week, all three will come to bear on the Ag markets as we have a busy week of information. Tuesday will see...
Rains are welcome, but we still need a lot more before winter comes
Today, we?re finally getting some much-needed rain across most of the state, but, unfortunately, northwest Iowa is still getting the short end of the stick. However, any rain is better than no rain, and the forecast indicates that we could continue to get more. Iowa...
How the 2022 midterm elections will shape farm policy
The 2022 midterm elections will take place on Tuesday November 8th in the United States. Tuesday?s elections will have far reaching consequences in regard to how farm policy is shaped and how the agricultural industry is allowed to operate.Mary Kay Thatcher, senior...
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U.S. pork and beef exports gaining momentum
Led by another outstanding month in Mexico and robust demand for variety meat, exports of U.S. pork continued to gain momentum in May, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said...
World Dairy Summit returns to the USA
There are many countries that produce dairy in the world, and even though we compete, there are common issues that need to be talked about. This is why events like the World Dairy Summit are important. This year?s summit is returning to the United States, and there...
U.S. Export Sales Report (7-7-23)
This week?s export sales were an improvement on what we?ve seen lately, but there?s still no support for the old crop market. Allendale commodity broker Greg McBride provided a breakdown of this week?s U.S. Export Sales Report.McBride added that there have been some...
EPA is leaving potential carbon reductions on the table
Growth Energy, the nation?s largest biofuels trade association, recently submitted comments to the EPA on its proposed tailpipe emissions standards for light- and medium-duty vehicles for model years 2027 through 2032. Growth Energy CEO Emily Skor said the proposal is...
More options for Iowa?s beef producers
Senator Chuck Grassley (R-IA) says that in meeting with Iowans on his 99-county tour, he has heard many concerns about consolidation in the beef processing industry and its effect on Iowa producers.USDA recently announced it will award $25 million towards the...
