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Fertilizer, diesel costs remain elevated heading into fall
Fertilizer and diesel prices remain well above recent-year levels, adding pressure to farmers making fall input decisions for the 2027 crop. USDA data analyzed by the University of Illinois shows anhydrous ammonia averaged $915.50 per ton on August 7, up 16 percent from a year ago. DAP averaged $912.22 per ton, seven percent higher than last year. Potash prices have been more stable, averaging about $500 per ton. Diesel has been more volatile. After reaching nearly $5.50 per gallon in May, the...
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...
Next week’s heat dome could stress Iowa crops
We’re roughly halfway through the growing season here in Iowa, and there are varying crop conditions across the state. Much of the crop looks very strong currently, but there are some areas struggling with disease, pest, and weather issues. Dan Bjorklund, technical...
Uncertainty around Brazil’s production forecast for 2027
Brazil’s corn and soybean crops could have a major impact on global grain markets. Joanna Colussi, a research assistant professor of agricultural economics at Purdue University, identified fertilizer as the root of the problem. Colussi discussed how the stagnant...
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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...
Secretary Naig opens sign-up for annual cover crop cost-share program
Iowa Secretary of Agriculture Mike Naig today encouraged Iowa farmers and landowners who are planning to seed cover crops this fall to enroll in the state's annual Cover Crop Cost-Share Program. This program is open to first-time and returning cover crop users in all...
USDA could regain food aid programs
Senate Agriculture Committee Chairman John Boozman wants two major U.S. foreign food aid programs returned to the U.S. Department of Agriculture. Boozman says USDA is better equipped than the State Department to oversee programs built around American agriculture....
