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South American Weather and Crop Update (3-17-26)

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 planting in Brazil. Since Brazil is normally the prime exporter for soybeans at this time of year, McBride said the meeting delay for President Trump and President Xi Jinping shouldn’t change global exports too much right now. However,...

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Breaking down the numbers in USDA’s January meat outlook

Breaking down the numbers in USDA’s January meat outlook

USDA recently issued its first projections this year for meat production and prices. For the most part, increased production and price forecasts for the prior month are on display in the USDA January meat outlook. USDA World Agricultural Outlook Board Chair Mark...

Brazil passes U.S. as top beef producer

Brazil passes U.S. as top beef producer

Market estimates show that Brazil surpassed the U.S. as the world’s number one beef producer in 2025. Reuters said that happened after Brazil beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat...

Agribusiness Association of Iowa to host 2026 Showcase

Agribusiness Association of Iowa to host 2026 Showcase

As Iowa agriculture continues to navigate market uncertainty, global competition, and ongoing policy debates, industry leaders will soon have an opportunity to step back and focus on the broader picture. The Agribusiness Association of Iowa’s annual Showcase and...

Strong opinions on proposed railroad merger

Strong opinions on proposed railroad merger

A proposed merger between the Union Pacific and Norfolk Southern Railroads is now before the Surface Transportation Board for possible approval. Mike Steenhoek, the executive director of the Soy Transportation Coalition, called this a “seismic development” for the...

South American Weather and Crop Update (1-16-26)

South American Weather and Crop Update (1-16-26)

Right now is the short timeframe in which the crops in both Brazil and Argentina are in the critical yield determining phase. As a result, the weather is a huge focal point for the global grain markets. Allendale commodity broker Greg McBride said the weather forecast...

Latest outlook on soybean oil

Latest outlook on soybean oil

While much of the focus in the USDA WASDE reports centers on row crops such as corn and soybeans, the reports also help provide a snapshot of the situation for various products such as soybean oil. The most recent WASDE report for January helps to detail the current...

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U.S. Export Sales Report (1-29-26)

U.S. Export Sales Report (1-29-26)

This week’s export sales report brings us to an interesting situation- now that the numbers are aligned with the USDA’s export goals, there isn’t much news to react to. Allendale commodity broker Greg McBride said this was another great week for corn sales. McBride...

Trump defends tariffs in Iowa speech

Trump defends tariffs in Iowa speech

President Trump was in Iowa on Tuesday to deliver a speech, campaigning to hold onto the House and Senate in the midterm elections. President Trump pushed back against critics of his tariff policies in front of an Iowa audience including many farmers. Trump says his...