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U.S. Export Sales Report (10-22-26)
A mixed export sales report continued the recent trends we have seen for corn and soybean demand. Allendale commodity broker Teddy Tarvis said the corn sales were disappointing again. On the other hand, Tarvis said the soybean sales were very strong again this week, with great sales to China. The wheat markets tend to go more under the radar, but Tarvis said they often function as an anchor for the grain markets. Unfortunately, Tarvis said wheat sales were weak as well in this report. The team...
Farm Bureau urges U.S., Canada to resume trade talks
American Farm Bureau President Zippy Duvall is urging the United States and Canada to return to the negotiating table after trade talks broke down and additional tariffs were imposed. Duvall said Canada has been one of U.S. agriculture’s most important trading...
Ag groups speak out against President Trump’s beef import plan
The Trump administration has announced a new plan aimed at lowering beef prices in the grocery stores, but the plan- which will bring up to 300,000 metric tons of ground beef into the U.S. over the next 90 days- will negatively impact the farm economy. Beef industry...
Iowa water quality progress requires everyone at the table
Clean water is not solely a rural concern or an urban concern. Water moves across property lines, through communities, into rivers, and eventually downstream. Whatever reaches it moves with it. That makes Iowa’s water quality challenge a shared problem, even though...
Pro Farmer Crop Tour sparks new questions over corn yield
The final Pro Farmer Crop Tour numbers surprised many traders, particularly on the corn side. However, commodity analyst Mike Zuzolo says his own survey of farmers painted a different picture- one that was actually closer to USDA's August estimates. Zuzolo says the...
South American Weather and Crop Update (6-23-26)
It’s the dry season in South America, and the forecasts definitely reflect that. Allendale commodity broker Greg McBride said this isn’t a huge problem yet, but they are monitoring the weather. McBride said harvest progress is behind in Brazil, but it is approaching...
Senator Grassley responds to beef import plan
Last Friday President Trump announced the administration's plan to allow an additional 300,000 metric tons of tariff-free beef imports over the next 90 days. In a social media post, President Trump said the beef would sell at roughly 25% below market prices to help...
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More Ag News
September USDA crop reports build upon August
The September WASDE and Crop Reports from USDA will be published on Friday September 11th. The September reports build upon initial field survey numbers from August. USDA World Agricultural Outlook Board Chair Mark Jekanowski explains how the hard data is gathered by...
Midwest heat raises late-season corn and soybean concerns
Extreme heat remains a major agricultural issue across a large portion of the Corn Belt. Heat warnings stretch from Iowa and Kansas through Illinois and toward Ohio, with heat indexes expected to reach 105 to 110 degrees in some areas. The timing matters. USDA...
Beef markets may not need government intervention
The cattle industry continues to sort through questions surrounding the Trump administration's proposal to temporarily allow an additional 300,000 metric tons of imported beef into the U.S. market. At the same time, producers are dealing with the smallest U.S. cow...
Beef exports were strong in July while pork was down
July exports of U.S. beef climbed 6% year-over-year in value while volume was steady, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said the value increase was driven primarily by...
Another trade dispute leaves farmers facing the fallout
Trade tensions between the United States and Canada are creating another potential problem for American agriculture, this time for the dairy industry. Trade negotiations between the two countries broke down in August, followed by new U.S. tariffs on Canadian goods....
