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South American Weather and Crop Update (5-19-26)

South American Weather and Crop Update (5-19-26)

After several weeks of dry weather that started to raise concerns over crop conditions, farms in Brazil finally found some relief in some timely rains. Allendale commodity broker Ben Breisch said that rain may have still come in a little too late, however. Breisch said those weather concerns have allowed U.S. grain- particularly corn- to have a price advantage over Brazil when it would normally be the other way around. As a result, Breisch said now is a good time for U.S. farmers to be selling...

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U.S. red meat exports were strong in March

U.S. red meat exports were strong in March

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said increased year-over-year to...

E15 heads to House vote under cloud of distrust

E15 heads to House vote under cloud of distrust

A standalone bill allowing nationwide year-round sales of E15 is still expected to receive a vote in the U.S. House this week, but the path to that vote has created growing frustration among many agriculture state lawmakers. The tension began when Speaker Mike Johnson...

Grain markets monitoring three major headlines

Grain markets monitoring three major headlines

The ag marketplace has been all over the place recently. This week alone saw double-digit moves in both positive and negative directions for corn and soybeans, with both markets finishing the week higher. There are a few major news factors that have led to this...

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Grassley urges Speaker to get year-round E15 through the House without changes

Grassley discusses E15 vote in the House

The United States House of Representatives will vote on year-round E15 legislation this week. United States Senator Chuck Grassley (R-IA) was asked about the legislation’s chances of passing in the House. Grassley also discusses what the next step for that legislation...