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Examining the factors currently influencing the grain markets
Geopolitics, trade, and weather are all making an impact on the grain markets in recent weeks and that trend looks to continue as the calendar turns to May. Commodity broker Greg McBride of Allendale says that the upcoming meeting between President Trump and Xi Jinping the President of China, will be closely watched. Weather is also a major factor in the marketplace with dryness in the wheat growing regions of the U.S. offering support to wheat prices in recent weeks. However, McBride says...
Farm bill talks intensify in Congress
Congressional leaders are preparing for renewed debate over the next Farm Bill. Producer organizations are pressing lawmakers to strengthen the farm safety net as growers face weak crop prices, elevated borrowing costs and uncertainty over export demand. Reuters...
Rural lenders eye finish line for overdue Farm Bill
After years of delays and temporary extensions, the long-awaited Farm Bill could finally move forward as lawmakers prepare to bring it to the House floor this week. For agricultural lenders like Farm Credit, the bill represents far more than traditional farm programs....
South American Weather and Crop Update (4-28-26)
The weather in Brazil is continuing to dry out, which is causing concerns as the crops go through the critical pollination phase. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said harvest is slowly...
Now is a great time for cattle producers to make succession plans
Farm and ranch families across the country are beginning to realize that succession planning can’t wait any longer. Dr. Shannon Ferrell, an agricultural economist at Oklahoma State University said now is a great time to think about succession planning with the current...
Grassley discusses path forward for permanent E15 legislation
A recent introduction of an amendment to the House farm bill would permanently allow nationwide, year-round sales of E15 and would help provide certainty to corn growers and fuel retailers. United States Senator Chuck Grassley (R-IA) was asked about the decision to...
Secretary Naig thanks Iowa Senate for unanimous passage of Iowa Farm Act
Iowa Secretary of Agriculture Mike Naig today thanked the Iowa Senate for its unanimous passage of the Iowa Farm Act, Senate File 2465, by a vote of 47-0. “I appreciate members of the Iowa Senate for their support in advancing the Iowa Farm Act with a strong...
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Prop 12 repeal rides with Farm Bill to House floor
As the House prepares to take up the Farm Bill this week, pork producers are watching closely to see if Congress will finally address California’s Proposition 12. The National Pork Producers Council has made repeal of Prop 12 one of its top priorities, and Todd...
High diesel prices bite into Food Bank of Iowa’s budget
Gas prices have hit the highest level in four years, and with no end to the Iran war in sight, the impacts of these elevated prices will be felt for the foreseeable future. Diesel prices in particular have increased even more quickly, surging up 45% since the...
House farm bill and E15 legislation survives stall over debate rule
The quest to pass a new farm bill with legislation for year-round E15 hit another temporary roadblock on Wednesday in the U.S. House. Several Republicans joined the Democrats to initially deny the simple majority to bring up the farm bill, year-round E15, and several...
USDA details plan to boost fertilizer availability
Fertilizer prices have been a thorn in the side of farmers for several years and the conflict with Iran has only worsened the problem with the strait of Hormuz closure slowing shipping. Ag Secretary Brooke Rollins recently announced measures to alleviate some of the...
Farm bill talks intensify in Congress
Congressional leaders are preparing for renewed debate over the next Farm Bill. Producer organizations are pressing lawmakers to strengthen the farm safety net as growers face weak crop prices, elevated borrowing costs and uncertainty over export demand. Reuters...
