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June soybean outlook from USDA features small changes
The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets dramatically. However, there were still a lot of key takeaways from last week’s WASDE publication including the supply and demand estimates for U.S. and world soybean crops. World Agricultural Outlook Board Chair Mark Jekanowski says...
Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price...
Farmers face another year of tight margins
U.S. farmers are entering another growing season with tight profit margins as lower crop prices, elevated input costs, and trade uncertainty weigh on the outlook for 2026. Corn and soybean prices remain below levels seen during recent highs, while expenses for...
Prop 12 repeal rides with Farm Bill to House floor
As the House prepares to take up the Farm Bill this week, pork producers are watching closely to see if Congress will finally address California’s Proposition 12. The National Pork Producers Council has made repeal of Prop 12 one of its top priorities, and Todd...
High diesel prices bite into Food Bank of Iowa’s budget
Gas prices have hit the highest level in four years, and with no end to the Iran war in sight, the impacts of these elevated prices will be felt for the foreseeable future. Diesel prices in particular have increased even more quickly, surging up 45% since the...
House farm bill and E15 legislation survives stall over debate rule
The quest to pass a new farm bill with legislation for year-round E15 hit another temporary roadblock on Wednesday in the U.S. House. Several Republicans joined the Democrats to initially deny the simple majority to bring up the farm bill, year-round E15, and several...
USDA details plan to boost fertilizer availability
Fertilizer prices have been a thorn in the side of farmers for several years and the conflict with Iran has only worsened the problem with the strait of Hormuz closure slowing shipping. Ag Secretary Brooke Rollins recently announced measures to alleviate some of the...
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E15 heads to House vote under cloud of distrust
A standalone bill allowing nationwide year-round sales of E15 is still expected to receive a vote in the U.S. House this week, but the path to that vote has created growing frustration among many agriculture state lawmakers. The tension began when Speaker Mike Johnson...
Grain markets monitoring three major headlines
The ag marketplace has been all over the place recently. This week alone saw double-digit moves in both positive and negative directions for corn and soybeans, with both markets finishing the week higher. There are a few major news factors that have led to this...
Farm Bureau’s “Farm State of Mind” unveils new mental health resource
The challenges facing farmers and ranchers can take a toll on mental health and well-being. The American Farm Bureau Federation’s “Farm State of Mind” initiative helps provides access to information and resources that promote farmer and rancher mental health and...
Grassley urges Speaker to get year-round E15 through the House without changes
United States Senator Chuck Grassley (R-IA) is calling on House Speaker Mike Johnson to act quickly on year-round E15 in the House Rules Committee. This follows a delay for the legislation in a move to appease Republicans from oil rich states. Grassley says that...
Tracking fertilizer costs since the beginning of the conflict in Iran
Fertilizer prices have climbed sharply following the outbreak of conflict involving Iran, raising concerns about higher production costs for U.S. farmers in the years ahead. Analysts say nitrogen fertilizers have seen the largest increases due to disruptions tied to...
