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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...
Naig warns against rushing fall applications
Recent rains have delayed harvest across Iowa, but the wet conditions are also putting more attention on water quality and how farmers manage nutrients and conservation practices heading into the fall. Iowa Secretary of Agriculture Mike Naig says the recent rainfall...
USDA moving to modernize farm loan programs
The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny...
ARC and PLC enrollment underway
Enrollment is open now for acreage in the ARC or PLC safety net programs. USDA Farm Production Undersecretary Richard Fordyce says enrollment is open through early December for farmers to choose either program. Fordyce explains the ARC safety net program. He says that...
South American Weather and Crop Update (9-22-26)
As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...
Financial pressure persists for corn and soybean farmers
A new survey of corn and soybean farmers finds financial pressure remains high despite recent improvements in commodity prices. The National Corn Growers Association and American Soybean Association report nearly two-thirds of growers are moderately or very concerned...
Naig urges safety as harvest impatience grows
Rain has kept many Iowa combines parked as farmers wait for fields to dry, and with October approaching, the desire to finally get harvest underway continues to build. Iowa Secretary of Agriculture Mike Naig said that anticipation is evident as he travels across the...
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BASF pleased with herbicide weed control in 2026
This crop season has been defined by heavy rains across much of Iowa, especially as we get into harvest. Mid-season rains made weed control more difficult, but BASF has heard a lot of good feedback about the performances of their herbicide portfolio. Kurt Maertens of...
Trump administration weighs diesel export ban
Record-high diesel prices are pressuring farmers heading into harvest, and the Trump administration is considering whether restricting diesel exports could provide relief. Treasury Secretary Scott Bessent says officials are examining whether a full or partial export...
China’s ag purchase pledge back in spotlight ahead of Trump-Xi meeting
President Donald Trump and President Xi Jinping of China are set to meet Thursday September 24th in Washington D.C. Jim McCormick, co-founder of AgMarket.net, says that the agriculture industry will be closely following the meeting to determine what agriculture topics...
Oil prices move lower in response to peace talk rumors
After weeks of steady improvement, oil prices traded lower to start this week as they were down 4-5% in Monday’s trading action. Patrick DeHaan, senior petroleum analyst at Gasbuddy.com, said the markets are likely hopeful that the Trump administration is going to...
Naig warns against rushing fall applications
Recent rains have delayed harvest across Iowa, but the wet conditions are also putting more attention on water quality and how farmers manage nutrients and conservation practices heading into the fall. Iowa Secretary of Agriculture Mike Naig says the recent rainfall...
