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Rain-delayed soybean harvest leaves Midwest processors scrambling for supplies

Rain-delayed soybean harvest leaves Midwest processors scrambling for supplies

Persistent rain across parts of the Midwest is delaying the soybean harvest, tightening supplies and forcing processors to offer large premiums for immediate deliveries. Reuters reports some soybean crushing plants have reduced production as old-crop supplies dwindle and new-crop beans remain unavailable. USDA projects processors will crush a record 2.78 billion bushels during the current marketing year. Cargill offered $1 per bushel above November futures for immediate soybean deliveries to...

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Tight margins make financial analysis critical

Tight margins make financial analysis critical

As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...

South American Weather and Crop Update (8-4-26)

South American Weather and Crop Update (8-4-26)

As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride...

Build-out continues on state-of-the-art animal disease lab

Build-out continues on state-of-the-art animal disease lab

The Plum Island Animal Disease Center is being replaced by a brand-new facility in Kansas. The federal government continues relocating the animal disease laboratory from Plum Island, New York, to the new National Bio and Agro Defense Facility, or NBAF, in Manhattan,...

A disaster plan for your livestock operation is vital

A disaster plan for your livestock operation is vital

Unfortunately for farmers and livestock producers, disaster can strike a farming operation at any time. A fire, flood, or tornado for example does not allow for much time to react. Dr. Mark van der List, a professional services veterinarian with Boehringer-Ingelheim,...

U.S. cropland value surpasses $6,000 per acre for first time

U.S. cropland value surpasses $6,000 per acre for first time

The average value of U.S. cropland has climbed above $6,000 per acre for the first time, underscoring the resilience of farmland prices despite weaker farm income and tighter profit margins. New data compiled by USDA’s National Agricultural Statistics Service show...

Early action can preserve farm financial options

Early action can preserve farm financial options

The current farm economy continues to put financial pressure on many producers. While government assistance has helped offset some losses, several years of tight margins have left many farm operations facing difficult financial decisions. Legal experts say recognizing...

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U.S. Export Sales Report (8-14-26)

U.S. Export Sales Report (8-14-26)

The export sales report this week didn’t have as much of an impact as the August WASDE report. Allendale commodity broker Greg McBride said the corn markets are keeping an eye on the old crop shipment numbers. McBride said the soybean markets are monitoring the...