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South American Weather and Crop Update (5-6-26)
Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a good pace in Argentina. McBride said they are making good progress on harvest in Brazil as well. That dry weather could cause ending stocks in Brazil to get lowered a little bit, which can turn around and be a benefit for the markets...
Dry winter did not replenish needed moisture for growing season
Generally speaking, it was a mild and dry winter season for the United States. And it has left many areas of the country with dryness as the beginning of the planting season approaches. USDA meteorologist Brad Rippey details the lack of precipitation this winter...
China signals openness to buying more U.S. ag products
Top U.S. and Chinese economic officials held what were called “remarkably stable” talks in Paris during the weekend on several topics. Reuters said the discussions centered on potential areas of agreement in agriculture, critical minerals, and managed trade for U.S....
U.S. soybean quality delivering value in global markets
As global soybean production continues to expand, competition in export markets is increasing. However, U.S. soybean leaders say quality remains one of the biggest advantages American farmers bring to the global marketplace. According to Jim Sutter, CEO of the U.S....
News headlines bring negativity to soybean marketplace
Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump...
Red meat exports mixed to start 2026
U.S. red meat exports were mixed in January, with pork exports trending higher year-over-year and beef trending lower according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were led by another outstanding performance...
Fertilizer supplies and prices are major concerns in 2026
As planting season quickly approaches, now is not the time for there to be questions about the fertilizer supply. The current problems in the Middle East could have a major impact on fertilizer supplies and prices for 2026 and possibly even 2027. Louisiana State...
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U.S. Export Sales Report (3-26-26)
It’s been a volatile time in the ag marketplace, and that is no different for the export sales. This week’s numbers were a bit of a mixed bag. Allendale commodity broker Greg McBride said the corn sales are still strong overall. McBride said the soybean sales were...
RVO announcement coming very soon
The renewable fuels industry has been long awaiting the Environmental Protection Agency's release of the latest Renewable Volume Obligation blending requirements which are expected to be announced very soon. Lee Zeldin, administrator of the Environmental Protection...
Food and agriculture generate 20 percent of all U.S. economic activity
Every year, the Feeding the Economy report provides a comprehensive look at the full economic footprint of U.S. food and agriculture. Among the report’s biggest takeaways is that food and agriculture support $10.4 trillion in total U.S. economic output, representing...
New “Product of the USA” label will provide consumers with clarity
During the National Agriculture Day event on Tuesday in Washington, D.C., Ag Secretary Brooke Rollins introduced a campaign regarding USDA’s new “Product of the USA” labeling standard that took effect on January 1. Rollins said the new voluntary label signifies meat...
Naig: Trade relationships must stay strong
Iowa farmers rely on strong export markets, and two of the most important remain Canada and Mexico. But a planned trade mission to Mexico has been postponed. Iowa Secretary of Agriculture Mike Naig says safety concerns tied to cartel activity and travel disruptions...
