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South American crops produced a quality growing season
Brazil’s second corn crop of the year is being harvested now. Dr. Michael Cordonnier of Soybean & Corn Advisor, Inc. says some areas of the country are experiencing more moisture than normal but widespread damage to corn crops has not been reported. Cordonnier says including the Argentinian crop, South America has produced high yields once again this season. Argentina’s early-season dryness raised concerns, but moisture conditions improved enough to support strong yields across many...
U.S. Export Sales Report (5-14-26)
This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...
Latest Cattle on Feed Report hints at minor herd rebuild
April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...
Year-round E15 passes House by the skin of its teeth
After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...
South American Weather and Crop Update (5-13-26)
Despite weather concerns for the crops in Brazil, the USDA increased the crop projections for both Brazil and Argentina in the latest WASDE report. Allendale commodity broker Greg McBride said he was expecting to see a cut to the Brazil crop, which is still possible...
Farm Bureau leader sounds alarm on fertilizer prices
As planting season is in full swing across the country, fertilizer prices are burdening farmers and ranchers. Kentucky Farm Bureau president Eddie Melton spoke to the Senate ag committee Tuesday and expressed his concerns. Melton said there are actions Congress can...
Previewing President Trump’s visit to China and ag trade topics
United States President Donald Trump and Xi Jinping, the President of China, are scheduled to meet this week in Beijing. The meetings will take place on May 14th and 15th with the two sides expected to discuss trade and tariffs, the conflict in Iran and the Strait of...
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Trade announcements with China are a positive step forward
U.S. President Donald Trump and Chinese President Xi Jinping met recently to discuss trade and other topics. This may be a sign that trade tensions are slowly thawing between the United States and China. Faith Parum, an economist for the American Farm Bureau...
U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said...
Importance of grower surveys in June Acreage Report
In the next few weeks producers will fill out USDA surveys that will provide the data for the June Acreage Report. Lance Honig of the National Agricultural Statistics Service says the surveys will provide a very important snapshot of the acreage for the year. Honig...
Naig: Recent weather helped Iowa farmers catch up
After a slow and uneven start to planting season this spring, Iowa farmers have made up significant ground over the past few weeks. Iowa Agriculture Secretary Mike Naig says favorable planting windows recently allowed farmers to move quickly and bring statewide...
Smithfield Foods awards 12 Impact Grants nationwide
Smithfield Foods has awarded more than $280,000 in Impact Grant funding to 12 nonprofit organizations working to strengthen communities where Smithfield employees live and work. These grants build on the more than $24 million Smithfield invested in 2025 to strengthen...
