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European weather supports wheat prices

European weather supports wheat prices

The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support to the market. While wheat is not a major crop in Iowa, changes in wheat prices can still influence corn markets as traders often move money across multiple grain commodities. Oklahoma State University assistant professor of crop...

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U.S. Export Sales Report (2-21-25)

U.S. Export Sales Report (2-21-25)

For the most part, this week marked another uneventful week of export sales. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. Brazil still holds the discount for both corn and soybeans. However, McBride said U.S. corn sales...

Ag machinery manufacturers worried about tariffs

Ag machinery manufacturers worried about tariffs

Many segments of U.S. agriculture are concerned about the possibility of the Trump administration implementing tariffs and the possibility of reciprocal tariffs put in place by trade partners. Curt Blades, senior vice president of the Association of Equipment...

Secretary Rollins releases the first tranche of funding under review

Today, U.S. Secretary of Agriculture Brooke Rollins announced that USDA will release the first tranche of funding that was paused due to the review of funding in the Inflation Reduction Act (IRA). In alignment with White House directives, Secretary Rollins will honor...

Innovation to Profit Series from Iowa Soybean Association Underway

Innovation to Profit Series from Iowa Soybean Association Underway

The Iowa Soybean Association’s 2025 series of Innovation to Profit meetings are designed to provide accurate, insightful information to Iowa’s soybean farmers to help them increase profitability and productivity. There are four total meetings in the series, one in...

Longshoremen’s vote scheduled to take place next week

Longshoremen’s vote scheduled to take place next week

Positive developments in agriculture in the shipping sector, as the conflicting parties in the longshoremen’s dispute along the Gulf and East Coasts are making progress toward ratifying a new contract. According to Mike Steenhoek, Executive Director of the Soy...

Feenstra urging new EPA administrator to support biofuels

Feenstra urging new EPA administrator to support biofuels

As the new administration continues to settle in, it’s important to make sure they are going to make supporting the ag industry a priority. Renewable fuels in particular need to receive the proper support in order to help the U.S. become more energy independent. Iowa...

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Trump’s tariffs are hitting small farms hard

Trump’s tariffs are hitting small farms hard

It’s been a volatile first six months for President Trump’s second term in office, and few of his policies have been more unpredictable than his tariffs on other countries. On top of that, few industries see more of a direct impact from these tariffs than agriculture....