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Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect impacts on farmers through higher energy costs, including fertilizer, diesel fuel, natural gas, and propane. While energy costs are one concern, Olson said geopolitical events can also influence grain prices through financial...

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Sources of optimism and concern heading into growing season ’25

Sources of optimism and concern heading into growing season ’25

The winter of 2024-2025 has not provided much moisture to the state of Iowa to help replenish the soil moisture profile. Last week’s rainfall provided a much-needed shot to the arm but overall, the winter has been mostly mild with little in the way of rain and snow....

Tepid response to March WASDE report

Expectations were low for the March WASDE report, and those expectations were met almost squarely on the nose. This is typical for the March WASDE report, as the markets are already looking ahead to the reports at the end of the month. Allendale commodity broker Greg...

Corn growers pushing to get year-round access to E15

Corn growers pushing to get year-round access to E15

The National Corn Growers Association recently put out a call to action to help push year-round E15 across the finish line. Neil Caskey, CEO of the NCGA, said securing permanent access to E15 would be a significant boost for a tough ag economy. Year-round E15 wouldn’t...

Talking soy export wins and trade dynamics with USSEC

Despite the challenges facing the agricultural economy, there are still reasons to be optimistic—especially regarding the soybean trade. Recent numbers reveal promising gains, highlighting the resilience and competitiveness of U.S. soybeans on the global market. These...

Strong U.S. red meat export totals for January

Strong U.S. red meat export totals for January

Exports of U.S. beef trended higher than a year ago in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were slightly below last January’s large totals, despite another outstanding performance in Mexico...

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