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South American Weather and Crop Update (8-4-26)
As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride said harvest progress is still behind for the safrinha crop in Brazil. McBride said harvest progress is also slightly behind in Argentina. The team at Allendale can be reached by calling 800-262-7538, or you can visit...
Secretary Rollins talks ag trade with lawmakers
The Agriculture Secretary Thursday discussed agricultural trade opportunities and gains with House Agriculture Committee members. Secretary Rollins began by touting trade deals that have been made by the current administration to increase U.S. farm and food export...
Supporters plot E15 strategy in the Senate
Supporters of year-round E15 gasoline sales are making another push in Congress, but significant hurdles remain before the measure can become law. Backers of the proposal are working to attach E15 language to a larger must-pass bill in hopes of advancing the policy...
Pork industry is optimistic despite trade limitations from pseudorabies
Strong export sales, particularly in Latin America, are contributing about $67 in value per every hog slaughtered and accounting for more than 30% of all U.S. pork production. U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror said...
Growing crush capacity shifts soy demand priorities
For decades, one of the soybean industry's biggest challenges was finding new markets for soybean oil. Today, however, the conversation is changing. Growing demand from renewable diesel and other biofuel markets has helped create new opportunities for soybean oil,...
Swine industry remains cautious about NWS
Earlier this week, the USDA announced that there was an official detection of New World Screwworm (NWS) in the U.S. The pest was found in a three-week-old calf in South Texas. Since NWS is an indiscriminate parasite, all warm-blooded mammals are at risk of infestation...
Ag economy barometer drops in May
The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said...
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More Ag News
Changes to Clean Fuel Production Credit can help U.S. farmers
Long-awaited updates to the Clean Fuel Production Tax Credit, known as 45Z, have been announced by the Department of Energy. These changes could benefit farmers and ranchers in the future. Brian Glenn, director of government affairs for the American Farm Bureau...
China honoring trade agreement and purchasing U.S. grain
The markets have been trending upward during this shortened trading week. After a rough start to the month, some recent headlines have given the corn and soybeans something to work with. Michael Weidner, director of grain origination and producer strategy at Landus...
June forecast for meat prices
In the latest livestock, dairy, and poultry outlook from USDA, the Department of Agriculture provides the updated meat price forecasts for this month. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the adjustments for cattle were slight. He says the...
Corn and soybean planting near completion nationwide
Most U.S. farmers have nearly finished spring planting as crop conditions remain generally favorable. According to USDA data reported by Successful Farming, 97% of the nation’s corn crop has been planted, while soybean planting is more than 90% complete. Kentucky,...
Check on your tires to minimize equipment downtime
Downtime in the field not only slows you down, but it also hurts your pocket. Regardless of the stage you are in during the growing season, keeping equipment in optimal conditions is crucial for maximizing its use. Greg Jones, the senior manager for field engineering...
