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South American Weather and Crop Update (9-24-24)
The weather is still dry in South America, but relief could be coming soon. Allendale commodity broker Greg McBride gave an update on the current conditions in Brazil and Argentina. The longer-term forecast does show some monsoon rains finally returning to Brazil. McBride said the early planting progress numbers still show that Brazil is behind. The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
South American Weather and Crop Update (9-3-24)
Heat and dryness have stuck around in Brazil, and those temperatures in particular are raising concerns for the next crop. Ben Breisch of Allendale gave an update on the latest weather patterns in South America. Since the soil in South America is much different than...
Grassley speaks about the headwinds facing the ag economy
The United States agriculture economy is facing numerous headwinds as the final quarter of the year approaches. Commodity prices are on the decline year over year, USDA is forecasting a record ag trade deficit, ag equipment manufacturers are laying off workers, and...
Sama, Seymour tryout for ‘Purchase Moore Hamann Bacon’ campaign
Iowa State sophomore running back Abu Sama III and freshman offensive lineman Isaiah Seymour became the first students to participate in tryouts to join the popular ‘Purchase Moore Hamann Bacon’ initiative. The campaign is part of an innovative promotional agreement...
Syngenta ready to fight SDS & SCN with Victrato®
We often say that farmers need multiple tools in their toolboxes to take on weeds, pests, and diseases. It takes time to get new products, treatments, and hybrids through the pipeline. Many trials must be run before it can be submitted for approval by the EPA and...
Grassley says farm bill score shouldn’t undercut new farm bill
The House GOP farm bill may cost more than it was originally funded, but Senator Chuck Grassley says that should not be a ‘showstopper.’ United States Senator Chuck Grassley (R-IA) agrees the Congressional Budget Office farm bill’s final score of $33 billion over...
Weekly corn, soybean export sales surge
Sales of corn and beans for delivery in the 2024-2025 marketing year, which starts on September 1, jumped during the week ending on August 22. The Ag Department says corn sales in those seven days were reported at 1.49 million metric tons, up from 1.29 million a week...
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Case IH announces new AF9 and AF10 series combines
One of the most visually impressive sights at the Farm Progress Show every year is the cutting-edge machinery on display. This year was definitely the year of the combine for Case IH, with new models being announced approximately every 100 days. Kurt Coffey, vice...
U.S. Export Sales Report (9-6-24)
As the U.S. continues to have discounted grain in the global market, the export sales need to be following along as countries take advantage of the opportunity for cheaper corn and soybeans. Allendale commodity broker Greg McBride gave an update on the latest report...
USDA lowers forecast for farm production expenses
In most years a farmer can expect to pay more than they did the year before for production expenses. However, in USDA’s new farm income forecast for this year, the report calls for lower production expenses. That is Spiro Stafanou, administrator of USDA's Economic...
What’s keeping farmland prices high?
The farmland market across the Midwest is resilient. While the markets have been pushing lower for almost a year and reaching below breakeven levels, Doug Hensley, President of Hertz Farm Management, says we’ve not seen land prices retreat in a similar fashion. While...
Solinftec’s new docking station takes autonomy to new level
We have talked in the past about Solinftec’s autonomous sprayers that can go around your field, under solar power, and take care of your spraying needs 24/7. However, there have been questions about how often the unit needs attending. Just like with any piece of...