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June soybean outlook from USDA features small changes

June soybean outlook from USDA features small changes

The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets dramatically. However, there were still a lot of key takeaways from last week’s WASDE publication including the supply and demand estimates for U.S. and world soybean crops. World Agricultural Outlook Board Chair Mark Jekanowski says...

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Congressman calls for quicker ARC, PLC Payments

Congressman calls for quicker ARC, PLC Payments

House Ag Committee Republican Rick Crawford asked for support from USDA Secretary Brooke Rollins at a recent hearing to help speed up ARC and PLC payments. Arkansas Representative Rick Crawford says that payments can sometimes be delayed by up to a year. Crawford told...

Work underway on a year-round E15 bill in the Senate

Work underway on a year-round E15 bill in the Senate

Efforts to secure year-round nationwide sales of E15 ethanol fuel remain active in the U.S. Senate, offering renewed hope for corn growers seeking expanded demand for their crop. Senate Majority Leader John Thune of South Dakota said that lawmakers are working on new...

June forecast brings rain, warmth to Midwest

June forecast brings rain, warmth to Midwest

A warm and active weather pattern is expected to continue across much of the United States through the middle of June, bringing beneficial moisture and above-normal temperatures to many key crop-producing regions. According to USDA Meteorologist Brad Rippey, the...

South American Weather and Crop Update (6-9-26)

South American Weather and Crop Update (6-9-26)

While drier conditions still remain in South America, recent rainfall has caused a notable improvement. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. Currently, farmers in Brazil just wrapped up first crop...

Cattle producers aren’t surprised that NWS made it across the border

Cattle producers aren’t surprised that NWS made it across the border

New World Screwworm (NWS) finally made its way into the U.S. last week, but the cattle industry isn’t surprised it happened. National Cattlemen’s Beef Association (NCBA) CEO Colin Woodall said they have been expecting this to happen for a while. Woodall said it’s been...

USMCA trade agreement vital to Iowa’s ag trade

USMCA trade agreement vital to Iowa’s ag trade

The USMCA (United States–Mexico–Canada Agreement) is a free trade agreement between the United States, Mexico, and Canada. The agreement lasts for 16 years, with reviews every six years. With the July 1st renewal deadline drawing near Farmers for Free Trade held a...

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Concerns rising as U.S. oil reserves decline

Concerns rising as U.S. oil reserves decline

While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China,...