Top Stories
August WASDE report drove U.S. grain prices higher
Overnight news of attacks on two Russian shipping ports had the markets higher to start the day, and the August WASDE report brought a few surprises that allowed to grain markets to hold on to those gains and go even further. Allendale commodity broker Greg McBride said the corn side of the report contained lower yields, increased acreage, and decreased ending stocks. McBride said the corn markets will need support from either the wheat or soybeans markets to get a foothold to climb higher,...
How El Niño will impact agriculture
The weather pattern shifting to El Niño this year has been a topic of conversation in weather forecasts for some time. Chad Merrill, senior meteorologist at AccuWeather, says the El Niño weather pattern arrived earlier this month. Merrill says the forecast for July is...
Grain markets brace for key USDA reports
Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn,...
U.S. Export Sales Report (6-29-26)
Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were...
Iowa officials confident in screwworm strategy
While New World Screwworm remains confined to parts of Texas, New Mexico, and Mexico, animal health officials are focused on making sure it stays that way. Although the insect is still hundreds of miles from Iowa, state and federal officials are relying on a proven...
What to expect from the USDA acreage and grain stocks reports
On Tuesday June 30th USDA will publish the planted acreage and quarterly grain stocks reports. These reports typically have been known to move the ag marketplace one way or the other based on the updated numbers for planted acreage and the grain on hand in the stocks...
US hog inventory edges lower; productivity ticks up
The U.S. hog and pig inventory totaled 73.7 million head as of June 1, down slightly from a year earlier and from March, USDA said Thursday in its quarterly report. Market hogs accounted for 67.8 million head, while 5.88 million were kept for breeding, according to...
Video
More Ag News
Missouri River runoff remains well below average
Runoff into the Missouri River Basin remains well below normal, prompting the U.S. Army Corps of Engineers to shorten this year's navigation season. June runoff above Sioux City, Iowa, totaled 2.9 million acre-feet, just 52 percent of average. The Corps now forecasts...
House Ag ranking member calls for stability
House Agriculture Committee Ranking Member Rep. Angie Craig says Congress must do more to address the financial challenges facing American farmers. During a press call with agricultural reporters, the Minnesota Democrat argued that continued economic uncertainty and...
South American Weather and Crop Update (7-7-26)
Not much has changed with the weather in South America, as dry conditions are persisting across the growing regions of the continent. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. McBride said progress for the...
Food hubs: the connecting piece for local farmers and producers
When people think of agriculture, they tend to focus only on what happens on the farm, namely planting, harvesting, or raising livestock. However, farmers still need to find a way of reaching consumers, which is where food hubs come in. Market access can be...
USDA launches modernized crop acreage reporting pilot
USDA is unveiling a new pilot program for spring-planted crops to modernize and update crop acreage reporting. USDA Undersecretary for Farm Production Richard Fordyce describes the program as “transformative.” Fordyce says it has taken too long for USDA to modernize...
