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USDA surprises markets yet again in October WASDE

USDA surprises markets yet again in October WASDE

Once again, the USDA went against expectations for the monthly World Agricultural Supply and Demand Estimates (WASDE) report. The major surprise in the October WASDE was the increase of the corn yield by 2.7 bushels per acre to 181.2 bpa, which raised production estimates. Allendale commodity broker Greg McBride said this data notably lacks information from states like Iowa, which started harvest late due to rain. McBride said this also raises ending stocks for corn, which was a bearish move...

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USDA raises U.S. agricultural export forecast

USDA raises U.S. agricultural export forecast

U.S. agricultural exports are expected to strengthen as USDA raised its trade forecast and projected a smaller agricultural trade deficit for fiscal 2026. USDA's Economic Research Service and Foreign Agricultural Service forecast agricultural exports at $179.5...

New soybean platform aims to strengthen weed management programs

New soybean platform aims to strengthen weed management programs

Enlist E3® soybeans with Expance™ trait technology combine the herbicide tolerance of Enlist E3 soybeans with preemergence HPPD inhibitor tolerance from Expance technology. Jared Benson of Syngenta tells the Iowa Agribusiness Radio Network at the Farm Progress Show...

Making sure the entire renewable fuels industry is represented

Making sure the entire renewable fuels industry is represented

The Environmental Protection Agency has granted a new round of Small Refinery Exemptions under the Renewable Fuel Standard, exempting refiners from some renewable fuel blending obligations for 2025. While the action removes nearly 1.8 billion renewable fuel credits...

California breakthrough could boost Iowa ethanol demand

California breakthrough could boost Iowa ethanol demand

California is moving closer to allowing year-round E15 sales, potentially opening one of the nation’s largest gasoline markets to increased ethanol use. The California legislature approved a bill during the final day of its legislative session that removes the...

USDA Secretary Rollins announces Ranchers First Initiative

USDA Secretary Rollins announces Ranchers First Initiative

Earlier this week, U.S. Secretary of Agriculture Brooke Rollins announced the Ranchers First Initiative, a plan of several actions that aims to aid in the rebuilding of the U.S. cattle herd and bring ranchers back at the center of the food supply. During her visit to...

Small refinery exemptions offer a mixed bag for U.S. farmers

Small refinery exemptions offer a mixed bag for U.S. farmers

The Environmental Protection Agency granted 29 Small Refinery Exemptions under the Renewable Fuel Standard this week. Brian Glenn, director of government affairs for the American Farm Bureau Federation, says the exemptions create a shortfall for biofuels demand by...

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