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Significant cuts to the U.S. wheat crop defined May’s WASDE report
With how dry it has been in the wheat growing regions of the U.S., many analysts were expecting to see a cut to the new crop wheat production numbers in the May World Agricultural Supply and Demand Estimates (WASDE) report. This month’s report did show exactly that, and the wheat prices shot up over forty cents to end the day on Tuesday, bringing the rest of the grain complex upwards with them. Allendale commodity broker Greg McBride said this positive move was even able to overcome what was...
South American Weather and Crop Update (3-17-26)
The weather patterns are still favorable for farmers as harvest and planting continues in Brazil. Allendale commodity broker Greg McBride gave an update on the latest forecasts for South America. McBride said progress is still looking good for both harvest and...
Dry winter did not replenish needed moisture for growing season
Generally speaking, it was a mild and dry winter season for the United States. And it has left many areas of the country with dryness as the beginning of the planting season approaches. USDA meteorologist Brad Rippey details the lack of precipitation this winter...
China signals openness to buying more U.S. ag products
Top U.S. and Chinese economic officials held what were called “remarkably stable” talks in Paris during the weekend on several topics. Reuters said the discussions centered on potential areas of agreement in agriculture, critical minerals, and managed trade for U.S....
U.S. soybean quality delivering value in global markets
As global soybean production continues to expand, competition in export markets is increasing. However, U.S. soybean leaders say quality remains one of the biggest advantages American farmers bring to the global marketplace. According to Jim Sutter, CEO of the U.S....
News headlines bring negativity to soybean marketplace
Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump...
Red meat exports mixed to start 2026
U.S. red meat exports were mixed in January, with pork exports trending higher year-over-year and beef trending lower according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were led by another outstanding performance...
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Fareway and Murphy Family Foundation team up for 6th annual food donation
This past Tuesday, the Murphy Family Foundation teamed up with Fareway for the sixth year in a row of donating Easter meal kits to the Food Bank of Iowa. Food insecurity is still more present than ever across the state, and these meal kits will provide a sense of...
Feeding the Economy report shows agriculture’s impact
Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those...
Hog inventories up in March
The latest Quarterly Hogs and Pigs Report from USDA shows an increase in inventories. USDA livestock analyst Michael McConnell says the total number of hogs in the U.S. is up compared to this time a year ago. McConnell says hog inventories remain stable, adding that...
Secretary Naig issues statement on the Trump administration’s RFS volumes
Iowa Secretary of Agriculture Mike Naig today issued the following statement after the Environmental Protection Agency (EPA) finalized strong renewable volume obligations (RVO) within the Renewable Fuel Standard (RFS) for 2026 and 2027: “Biofuels lower costs at the...
Ernst: 45Z must reflect Iowa farm practices
As federal agencies continue working through the rulemaking process for the 45Z clean fuel production credit, Iowa Senator Joni Ernst says the final guidance must reflect the work farmers are already doing on the ground. She says she and Senator Chuck Grassley have...
