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Missouri River runoff remains well below average

Missouri River runoff remains well below average

Runoff into the Missouri River Basin remains well below normal, prompting the U.S. Army Corps of Engineers to shorten this year's navigation season. June runoff above Sioux City, Iowa, totaled 2.9 million acre-feet, just 52 percent of average. The Corps now forecasts 2026 runoff at 15.5 million acre-feet, or 60 percent of normal, as dry conditions and below-average mountain snowpack continue across the basin. "Mountain snowpack peaked much earlier than normal this year and completely melted by...

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U.S. agriculture directly in the bullseye

U.S. agriculture directly in the bullseye

Mexico’s President Claudia Sheinbaum said she doesn’t believe the U.S. will impose tariffs on Saturday, February 1, as President Donald Trump had pledged. Reuters says her administration has already put a response plan in place if it becomes needed. The report says...

Ethanol industry confident in new EPA head Lee Zeldin

Ethanol industry confident in new EPA head Lee Zeldin

The ethanol industry is confident that newly confirmed EPA chief Lee Zeldin will be supportive of its top issues. Zeldin, a former New York Representative, has been critical of ethanol in the past, but the industry is confident that will change now that the...

Weak La Nina will continue into February

Weak La Nina will continue into February

In December, the weather officially entered into a weak La Nina phase once again. Justin Glisan, state climatologist for Iowa, said there are plenty of recent data points to compare this winter to, as we saw a “triple dip” La Nina from 2020-2022. Glisan said a weak La...

U.S. Export Sales Report (1-30-25)

U.S. Export Sales Report (1-30-25)

The export sales took a back seat this week after the great numbers we saw in the last report. Allendale commodity broker Greg McBride gave an update on the latest U.S. export sales report. McBride said there were only flash sales for corn this week. McBride said the...

Meat Institute strategies to reduce meat prices

Meat Institute strategies to reduce meat prices

The Meat Institute sent a letter to President Donald Trump to provide strategies to reduce burdensome regulations and address meat prices for consumers. The letter included a list of recommended actions for the administration to take, including rescinding the final...

Naig confident that Rollins can do the job at USDA

Naig confident that Rollins can do the job at USDA

Before her recent Senate confirmation hearing, Brooke Rollins faced skepticism over her lack of direct agricultural experience but sought to reassure lawmakers by highlighting her rural roots and policy background. Despite initial doubts, her testimony resonated with...

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U.S. Export Sales Report (1-30-25)

U.S. Export Sales Report (5-15-25)

The latest export sales show that both corn and soybeans are continuing to march to the beat of their own drum. Allendale commodity broker Greg McBride said it was another week of outstanding corn exports. The soybean sales are much less extravagant, but that’s not...

Cattle markets can’t stay bullish forever

Cattle markets can’t stay bullish forever

The cattle markets have been in a bullish market for quite a while now, and we’ve almost grown used to the record-high prices. However, it’s dangerous to get too comfortable with a rally like this. USDA chief economist Seth Meyer said he’s unsure of how long this bull...