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November WASDE looks mostly friendly for corn and beans
This busy news week is wrapping up with the November World Agricultural Supply and Demand Estimates (WASDE) report. While concerns over tariffs still remain, the ag marketplace has not adjusted sharply in either direction. Allendale commodity broker Greg McBride said the corn side of the report was mostly neutral. Beans, however, received much more friendly news. Looking ahead, it might be a while before we see our next significant USDA report. McBride said the December WASDE is generally the...
House passes resolution to disapprove EPA tailpipe rule
The US House passed on a near party-line vote to disapprove EPA’s controversial tailpipe emissions rule opposed by the biofuels industry and top farm group. However, the House 215-191 resolution vote is likely going nowhere in the Democratic-controlled Senate....
Tough times for turkey producers
The nation’s turkey producers are facing tough times in the current agriculture environment. Which goes against the rules of supply and demand economics. That was USDA Outlook Board Chairman Mark Jekanowski, who says that producers have been attempting to keep...
Ethanol depends on reliable rail service
Growth Energy highlighted many issues currently plaguing the nation’s rail service that has resulted in delayed shipments, longer wait times, and higher costs for American ethanol producers. The group’s Senior Vice President of Regulatory Affairs, Chris Bliley,...
Iowa Nitrogen Initiative is looking for more farmer partners
When it comes to how we can do things better in our farming operations, we are always learning. That is a constant across every generation that has farmed your land. We are always learning how to do things better, more efficiently, and more cost-effectively. Research...
Landus teams up with Wessels Oil Company to create Landus Energy
Towards the end of this year’s Farm Progress Show, Landus announced a collaborative venture with Wessels Oil Company- Landus Energy. This partnership will use the strengths of both organizations to enhance the ability to deliver energy products to consumers. Bruce...
U.S. Export Sales Report (9-19-24)
We are still early in the new marketing year, and we’ve started off with some nice export sales numbers. Allendale commodity broker Greg McBride said the corn sales came in as expected. McBride said the numbers were even better for soybeans. While sales are still...
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South American Weather and Crop Update (10-1-24)
Monsoon season will be starting soon in Brazil, which means they will finally get some much-needed rains. Allendale commodity broker Greg McBride gave an update on the upcoming forecast in South America. The longer-term forecast is much the same. McBride added that...
Farmers are already feeling the impact of the expired farm bill
With no new farm bill in place after the 2018 farm bill deadline passed, there are already impacts on U.S. farmers and ranchers. Sam Kieffer, vice president of public policy for the American Farm Bureau Federation, outlined some of the programs that went away. Keiffer...
How has U.S. ag trade evolved in the last 100 years?
A lot has changed in the United States ag trade over the last century. USDA senior economist Sharon Sydow at this year’s ag outlook forum explains where the U.S. ag economy was 100 years ago. Price volatility, foreclosures, and high land values were all thorns in the...
U.S. hog inventory up slightly
The U.S. inventory of hogs and pigs on September 1, 2024, totaled 76.5 million head, up slightly from September 1, 2023, and two percent higher than June 1, 2024. Breeding inventory, at 6.04 million head, was down two percent from last year, but up one percent from...
Rural North Carolina reeling after Hurricane Helene
We are no stranger to storm damage in the Midwest. Hail, tornados, and derechos can wreak havoc on our acres. But for everything we deal with, except for the 2020 derecho, it is nothing compared to the strength of a hurricane. The Southeastern part of the country is...