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DOJ continuing investigation into alleged meatpacking antitrust violations

DOJ continuing investigation into alleged meatpacking antitrust violations

The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are examining whether consolidation among the nation’s largest meatpackers contributed to inflated beef prices for consumers and reduced prices paid to cattle producers. The four largest beef processors control roughly 85% of the fed...

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USDA says Iowa near major weather boundary

USDA says Iowa near major weather boundary

Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...

It’s still too risky to ship fertilizer globally

It’s still too risky to ship fertilizer globally

The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed-...

South American Weather and Crop Update (5-6-26)

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...

NASA technology helping farmers from space

NASA technology helping farmers from space

Interest in NASA and America’s return to the Moon has surged again following the Artemis missions and the growing focus on deep space exploration. But while much of the public attention is focused on rockets and astronauts, NASA says some of its most important work is...

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U.S. Export Sales Report (5-7-26)

U.S. Export Sales Report (5-7-26)

Once again the corn sales were strong this week, and the soybean sales were disappointing. Allendale commodity broker Greg McBride gave an update on the latest U.S. Export Sales Report. Even with the strong corn exports, McBride said the USDA will likely have to make...

USDA says Iowa near major weather boundary

USDA says Iowa near major weather boundary

Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...