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Forecasting winter temperatures and precipitation
The latest weather outlook from the National Weather Service is calling for a La Nina weather pattern that will dictate temperature and precipitation patterns for the winter months. USDA meteorologist Brad Rippey says that recent very cold temperatures are in line with the expectations for the weather patterns this winter. Rippey says that the winter will begin with below normal temperatures for the northern portion of the United States. He adds that abnormally wet conditions are expected for...
Markets stay cautious in fog of uncertainty
After some fireworks late last week, things have quieted down in the grain trade. The latest spark came as China and the United States each slapped new fees on maritime shipping from the other country. It’s another step in the ongoing trade war, but for now, markets...
Farm crisis not forgotten during shutdown
The farm crisis remains top of mind during the government shutdown and some lawmakers are sounding the alarm. That’s Mississippi Senator Cindy Hyde-Smith who says this is not a regional or political issue but one that affects all Americans. She adds that the situation...
China holding off on Brazil soybean purchases
High premiums on Brazilian cargoes are discouraging soybean buyers in China, which means the country has yet to secure much of its needed soybean supply for December and January. Reuters says the development could prompt the Chinese government to tap state reserves to...
Navigating tough decisions on fertilizer this fall
The discussion on fertilizer this fall has put a lot of farmers between a rock and a hard place. On the one hand prices for commodities are low but on the other hand fertilizer prices are elevated. That leaves the grower often wondering if they should cut back on...
U.S. Export Sales Estimates (10-16-25)
As the government shutdown persists, we still don’t have any official export numbers to look at. We can, however, look again at the weekly estimates. Allendale commodity broker Greg McBride said the corn numbers are still projected to be well above the average. On the...
Falling oil prices should indicate cheaper fuel
For the past several weeks and even several months, oil prices have held fairly steady, remaining in the mid-$60 per barrel range. But, thanks to OPEC’s increased production, that trend is no more. Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said banks...
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More Ag News
South American Weather and Crop Update (10-28-25)
While we wait to hear more official news about President Trump’s Argentine beef import plan, farmers in South America are rolling along with planting season. Allendale commodity broker Greg McBride gave an update on the latest weather patterns in Brazil and Argentina....
Increasing opportunities for U.S. pork in South Korea
South Korea ranks as the fifth-largest market for U.S. pork year-to-date. Andy Tauer, vice president of international market development with the National Pork Board, said strong consumer demand in South Korea is expected to keep growing, which could move the country...
Trade talks boost grain markets ahead of Trump-Xi meeting
Following U.S. Treasury Secretary Scott Bessent’s preliminary negotiations with Chinese trade officials, the grain markets have rallied significantly ahead of President Trump’s meeting with President Xi Jinping of China. Commodity broker Joe Camp of Commstock...
Bessent: deal set for China to begin importing U.S. Soybeans
Treasury Secretary Scott Bessent said he expects that China won’t impose export controls on rare earth mineral exports, and the U.S. won’t impose 100 percent tariffs on China. During separate interviews over the weekend, Bessent said trade negotiations with China have...
Naig says Congress has wasted enough time
As the government shutdown drags into its twenty-eighth day, frustration across the country is boiling over. From farmers waiting on FSA offices to reopen, to families relying on SNAP benefits, real Americans are paying the price while Congress remains stuck in its...
