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December WASDE didn’t bring much for the grain markets
As expected, the December WASDE report did not bring much news for the corn and soybean markets to react to. The most significant change came to the corn carryout numbers, which caused the prices to move up slightly. Allendale commodity broker Greg McBride gave a breakdown of the numbers. McBride said this report will hopefully put a bottom in on the corn markets. Moving forward in the short term, McBride said there likely won’t be any huge changes to the market trends yet. Instead of USDA...
Applications are open for 2026 CME Group Beef Industry Scholarship
The National Cattlemen’s Foundation (NCF) is encouraging college students who are pursuing careers in the beef industry to apply for the 2026 CME Group Beef Industry Scholarship. Ten students will be selected to receive scholarships worth $1,500 each. NCBA Senior Vice...
Korean pizza chain adding U.S. pork sausage to menu
In South Korea, pizza chain Pizza Alvolo was looking to add something new to its menu. When it turned to the U.S. Meat Export Federation (USMEF) for assistance, USMEF Senior Marketing Manager for Foodservice in Korea Elly Sung suggested U.S. pork sausage. After...
Strong yields & weak margins: Financial pressures mount on farmers
The 2025 season has been defined by both resilience and strain in the farm economy. Strong yields in many regions helped keep optimism alive, but they were tempered by financial pressures that have made every decision more critical. Interest rates remain historically...
Dry Iowa weather can make harvest more complicated
Combines are rolling across much of the state, and the dry weather has allowed harvest to continue mostly uninterrupted. However, that dryness can bring with it a whole different slate of issues. Southwest Iowa Beck’s Agronomist Nate Meyer said corn yields might seem...
Turkey inventory squeezed as Thanksgiving approaches
As the weather turns cooler across the US, many shoppers are beginning to plan holiday meals. American Farm Bureau Federation Economist Bernt Nelson said USDA’s latest Turkeys Raised Report gives us some important insight on the size of the U.S. flock ahead of...
Farm bankruptcies on the rise in 2025
The latest data from the Administrative Office of the United States Courts shows farm bankruptcies increasing year over year. Joe Peiffer, an attorney with Ag & Business Legal Strategies in Hiawatha Iowa, says the numbers are disturbing. Peiffer says the...
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Feenstra talks farm economy investments from Trump tax cuts
There’s been discussion recently about potential farm economy investments that could result from some tax cuts made by President Trump. Iowa Congressman Randy Feenstra said he’s advocating for benefits like new export markets, among other changes. Feenstra said new...
China proposes a tariff-drop swap with Canada
The Chinese Ambassador recently told a Canadian national television audience that his country is willing to remove its tariffs on Canada’s pork products, seafood, and, by far the largest of the categories, canola oil, seed, and meal if Canada drops its 100 percent...
Markets stay cautious in fog of uncertainty
After some fireworks late last week, things have quieted down in the grain trade. The latest spark came as China and the United States each slapped new fees on maritime shipping from the other country. It’s another step in the ongoing trade war, but for now, markets...
Farm crisis not forgotten during shutdown
The farm crisis remains top of mind during the government shutdown and some lawmakers are sounding the alarm. That’s Mississippi Senator Cindy Hyde-Smith who says this is not a regional or political issue but one that affects all Americans. She adds that the situation...
China holding off on Brazil soybean purchases
High premiums on Brazilian cargoes are discouraging soybean buyers in China, which means the country has yet to secure much of its needed soybean supply for December and January. Reuters says the development could prompt the Chinese government to tap state reserves to...
