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U.S. Export Sales Report (8-27-26)

U.S. Export Sales Report (8-27-26)

Old crop sales hit marketing year lows, but old crop sales are not very important at this time of year. Shipments, however, were robust, and they could lead to favorable market conditions for the new crop marketing year. Allendale commodity broker Greg McBride said this will likely lead to low carryover numbers for the corn. McBride said the soybean side of the report was robust as well. Despite this positive report, the grain markets have been on a crazy upward tear this week. McBride said...

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Secretary Naig and INREC launch nitrogen soil sampling project

Secretary Naig and INREC launch nitrogen soil sampling project

Iowa Secretary of Agriculture Mike Naig and the Iowa Nutrient Research & Education Council (INREC) today announced a new, three-year Nitrogen Soil Sampling Project that will conduct nitrogen soil testing for farmers in targeted areas upstream from the Des...

NPPC targets Prop 12, trade, labor in D.C.

NPPC targets Prop 12, trade, labor in D.C.

The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer...

U.S. blockade in Strait of Hormuz will have long-lasting impact

U.S. blockade in Strait of Hormuz will have long-lasting impact

The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...

Adjustments to the soybean balance sheets in USDA April WASDE report

Adjustments to the soybean balance sheets in USDA April WASDE report

The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...

Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...

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U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together

U.S. red meat exports were strong in March

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...