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Corn and soybean inspections dropped last week
Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down from the previous week but still above the same week last year. Soybean inspections fell to 418,592 metric tons, although they remained well ahead of year-ago levels. Wheat inspections climbed to 373,611 metric tons from the...
Fertilizer price probe opens as farm margins tighten
The Federal Trade Commission has opened an industrywide investigation into fertilizer prices after sharp increases during spring planting. Reuters reported that FTC Chairman Andrew Ferguson said the agency is using civil investigative demands to gather documents and...
USMEF says African Growth and Opportunity Act could help create trade access
The Africa Growth and Opportunities Act (AGOA), which was created to incentivize two-way trade between the U.S. and sub-Saharan African countries, allows the president to offer duty-free access to certain nations. However, some of the countries benefitting from AGOA...
Interior official highlights ranchers’ stewardship role
When I was in Washington, D.C. recently, I had the opportunity to speak with Karen Budd-Falen, Associate Deputy Secretary at the Department of the Interior, about several issues affecting western livestock producers. One topic that generated significant discussion was...
Grain markets could see another price rally in June
After making recent highs, the corn and soybeans prices have been somewhat in the red, leading some farmers to wonder if they missed out on potential profits. However, they may have another chance to take advantage of a price rally. Micheal Weidner, director of grain...
U.S. Export Sales Report (5-29-26)
This week’s export sales were on the lower end for both corn and soybeans. However, Allendale commodity broker Greg McBride said the corn sales are still at elevated levels. McBride said that the soybean sales, on the other hand, are still lagging behind. McBride said...
Domestic food trade shows open foreign market opportunities
A recent food trade show in Chicago illustrates the importance of such events in promoting U.S. farm and food goods to customers from across the globe. USDA Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg says that there are other ways to...
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South American Weather and Crop Update (6-9-26)
While drier conditions still remain in South America, recent rainfall has caused a notable improvement. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. Currently, farmers in Brazil just wrapped up first crop...
Cattle producers aren’t surprised that NWS made it across the border
New World Screwworm (NWS) finally made its way into the U.S. last week, but the cattle industry isn’t surprised it happened. National Cattlemen’s Beef Association (NCBA) CEO Colin Woodall said they have been expecting this to happen for a while. Woodall said it’s been...
USMCA trade agreement vital to Iowa’s ag trade
The USMCA (United States–Mexico–Canada Agreement) is a free trade agreement between the United States, Mexico, and Canada. The agreement lasts for 16 years, with reviews every six years. With the July 1st renewal deadline drawing near Farmers for Free Trade held a...
IDALS issues guidance to protect animals from New World Screwworm
The Iowa Department of Agriculture and Land Stewardship (IDALS) issued the following guidance for livestock producers, pet owners, and veterinarians to help protect animals from the parasitic New World Screwworm (NWS) fly. The guidance comes after multiple cases of...
USDA reports new screwworm cases in Texas, New Mexico
Additional cases of New World Screwworm have now been confirmed in both Texas and New Mexico, prompting USDA to further expand its response efforts. During a briefing on Monday, USDA Secretary Brooke Rollins outlined the latest detections and provided an update on the...
