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July WASDE report indicates tight grain supplies
The July WASDE report was projected to be a friendly one, and it turned out to be even more friendly than expected. A significant cut to corn supplies and tightened supplies for soybeans and wheat indicate that there isn’t much leeway for weather issues in the back half of the growing season. Allendale commodity broker Greg McBride said the overall reduction to the old crop corn stocks was larger than expected. McBride said there was virtually no change to the corn production numbers. The...
Feenstra says year-round E15 has strong bipartisan support
On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy...
U.S. Export Sales Report (5-14-26)
This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...
Latest Cattle on Feed Report hints at minor herd rebuild
April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...
Year-round E15 passes House by the skin of its teeth
After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...
South American Weather and Crop Update (5-13-26)
Despite weather concerns for the crops in Brazil, the USDA increased the crop projections for both Brazil and Argentina in the latest WASDE report. Allendale commodity broker Greg McBride said he was expecting to see a cut to the Brazil crop, which is still possible...
Farm Bureau leader sounds alarm on fertilizer prices
As planting season is in full swing across the country, fertilizer prices are burdening farmers and ranchers. Kentucky Farm Bureau president Eddie Melton spoke to the Senate ag committee Tuesday and expressed his concerns. Melton said there are actions Congress can...
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Naig says E15 backers finally proved their case
Iowa Agriculture Secretary Mike Naig says the recent House vote approving nationwide year-round E15 sales confirmed what biofuels supporters have argued for years: once lawmakers finally allowed the issue to reach the floor, it had enough bipartisan backing to pass....
Meat industry professionals invited to gather in central Iowa for Midwest Meat Summit
Demand for locally produced meat is on the rise, which provides a unique market opportunity for livestock producers, butchers, and other meat industry experts. All members of the meat supply chain are invited to attend the Practical Farmers of Iowa’s (PFI) second...
AFBF highlights gaps in Dairy Margin Coverage Program
The Dairy Margin Coverage Program is a farm safety net program that helps U.S. dairy farmers manage risk when the gap between milk prices and feed costs shrinks. Danny Munch, an economist with the American Farm Bureau Federation, said the program has been a big help...
Grassley sees several Senate pathways for year-round E15
United States Senator Chuck Grassley (R-IA) says there are several avenues for year-round E15 to pass in the Senate. Grassley says the freestanding House-passed E15 bill needs to be attached to another piece of legislation to make its way through the Senate. Senator...
Stand establishment offers one of the first real looks at yield potential
The first signs of emergence reveal far more than whether a crop came up. Stand establishment is one of the first meaningful tests of how well a planting plan is translating in the field. Uniform emergence, healthy seedlings and consistent populations can provide an...
