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Ag trade deficit hit another record high in July

Ag trade deficit hit another record high in July

The U.S. agricultural trade deficit widened further in July, highlighting the challenge facing President Donald Trump as he vows to reverse the trend. Agricultural exports lagged imports by $4.97 billion in July, a gap 9% wider than a year earlier and the largest on record for the month. That pushed the sector’s deficit to an unprecedented $33.6 billion for the first seven months of the year, according to data released Monday by the U.S. Department of Agriculture. The widening farm trade gap...

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Iowa farmers facing tough fungicide calls

Iowa farmers facing tough fungicide calls

Wetter conditions and warmer temperatures have set the stage for a more active disease season in Iowa corn fields. Tar spot and northern corn leaf blight have already made their presence known in several areas, and concern is growing as the crop nears critical...

Hot and humid conditions and the impact on agriculture

Hot and humid conditions and the impact on agriculture

This week in Iowa has been hot, humid, and wet with frequent rainfall and humidity that has stressed humans and livestock. Iowa is not alone as the United States has featured wide swaths of similar weather. The extremes of the hot and humid weather have been felt in...

Smallest U.S. cattle herd since 1973

Smallest U.S. cattle herd since 1973

The July Cattle on Feed Report offered little relief to customers paying higher prices for beef. That’s despite the cycle of herd liquidation that seems to be slowly ending. There were 94.2 million cattle and calves in the U.S. as of July 1, the lowest mid-year number...

Iowa farmers urged to keep tar spot from ruining bumper crop

Iowa farmers urged to keep tar spot from ruining bumper crop

Iowa has received plenty of rain recently, and the temperatures have finally cooled off as well. On top of that, we’re looking at one of the biggest crops in recent history. Southwest Iowa Beck’s Agronomist Nate Meyer said he’s not sure that he’s ever seen such a big...

South American Weather and Crop Update (7-30-25)

South American Weather and Crop Update (7-30-25)

The weather in South America has still not changed much, with farmers in Brazil and Argentina seeing mostly clear and dry conditions. Allendale commodity broker Greg McBride said there are scattered rain showers, but otherwise the weather remains status quo. The dry...

Basis matters now, say Midwest ag economists

Basis matters now, say Midwest ag economists

Tight corn supplies might normally trigger a rally in the market, but so far, that hasn’t been the case. Despite strong demand and dwindling stocks, futures prices have stayed relatively steady. That’s because—while the numbers show a squeeze—markets may be confident...

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Farmer sentiment weakened in July

Farmer sentiment weakened in July

Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline from June. The July Current Conditions Index dropped 17 points to 127, while the Future Expectations...