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Historic grain price rallies have defined this August

Historic grain price rallies have defined this August

Contrary to what we would normally expect, there has been a lot of market action this month. As we approach harvest season, there’s a legitimate chance that farmers might see price rallies that warrant some serious grain selling conversations. Michael Weidner, director of grain origination and producer strategy at Landus Cooperative, said the August price rally started way back with the monthly World Agricultural Supply and Demand Estimates (WASDE) report. Weidner said these market prices are...

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Iowa farmers closely watching as corn futures climb above $5

Iowa farmers closely watching as corn futures climb above $5

August is often when the picture begins to clear up on yields and the market begins to gain confidence in the numbers. Although there is a wide range of factors that are exerting influence on the corn marketplace right now, traders are betting on smaller yields than...

U.S. Export Sales Report (8-27-26)

U.S. Export Sales Report (8-27-26)

Old crop sales hit marketing year lows, but old crop sales are not very important at this time of year. Shipments, however, were robust, and they could lead to favorable market conditions for the new crop marketing year. Allendale commodity broker Greg McBride said...

Cattle groups protest as trump signs beef import plan

Cattle groups protest as trump signs beef import plan

President Donald Trump signed a proclamation on Wednesday that aims to lower ground beef prices by boosting imports from other countries, reports Politico. This is despite outrage from the beef industry. Trump’s proclamation will remove tariffs from 300,000 metric...

Growing corn supplies increase need for demand

Growing corn supplies increase need for demand

The food versus fuel debate has followed corn ethanol for decades. Critics argue that using corn for fuel removes it from the food supply. Corn growers counter that ethanol production also creates livestock feed, while increasing yields leave farmers searching for...

Pork demand continues to build in consumers

Pork demand continues to build in consumers

A growing appetite for pork is building momentum with consumers. Dr. Glynn Tonsor, an economist at Kansas State University, said the pork industry is turning appetites into action by making pork a favorite every day. One of the key shifts has been looking more closely...

Cooler weather in store for the end of August

Cooler weather in store for the end of August

After bouts of extremely hot weather in July and early August, a week of cooler temperatures is welcome across Iowa. The cooler temperatures could even help with soil and crop conditions as we approach the final stretch of the growing season. USDA meteorologist Brad...

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U.S. Export Sales Report (8-27-26)

U.S. Export Sales Report (8-27-26)

Old crop sales hit marketing year lows, but old crop sales are not very important at this time of year. Shipments, however, were robust, and they could lead to favorable market conditions for the new crop marketing year. Allendale commodity broker Greg McBride said...