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South American Weather and Crop Update (9-22-26)
As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. Soybean planting is still in the very early stages in Brazil, but corn planting progress is starting to pull ahead of the average. In Argentina, McBride said farmers are just getting started planting corn. McBride added that...
USB budget to sharpen focus, maximize returns
The United Soybean Board has approved a $122.5 million budget for fiscal year 2027, investing soybean checkoff dollars to expand markets and strengthen demand for U.S. soy. The farmer-led board says funding will support research, promotion, and education across food,...
R-CALF says imports hinder herd growth
The U.S. cattle herd remains at its lowest level in decades, leaving beef supplies historically tight and raising questions about when producers will begin expanding their herds. While economists often point to cattle prices, forage conditions, and producer...
House approves additional farm aid
The U.S. House of Representatives has approved $12 billion in additional farm aid as part of its budget reconciliation package. John Newton, vice president of public policy with the American Farm Bureau Federation, says the struggles of the farm economy have made...
USDA moves forward with mandatory relocation despite pushback
The USDA Rural Development Mission Area intends to move nearly 3,000 members of its workforce out of the Washington, DC area, according to a report from Meatingplace. The relocation aims to modernize operations, increase accountability, and ensure federal resources...
Heavy rain hits crops in central Iowa again
Earlier this week, torrential rains hit central Iowa once again via a windbag storm. On top of the rain, heavy wind and hail damaged crops in some parts of the state. Dan Bjorklund, technical agronomist at Landus Cooperative, said that, while central and eastern Iowa...
Record voter support for E15 captures Senate’s attention
A new voter poll shows record support for all year around higher-ethanol fuel blend. Geoff Cooper, President and CEO of the Renewable Fuels Association, wants to use the data to advance year-round E15 legislation through the Senate. He explains that voter support for...
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Rainfall supports higher yield estimates for Iowa crops
Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...
U.S. bison gains duty-free access to European Union
Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...
Weather forecast keeping pressure on corn and soybean marketplace
While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
Tight margins make financial analysis critical
As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...
