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South American Weather and Crop Update (6-23-26)
Once again, the weather forecasts in South America are leaning more towards drier weather. Allendale commodity broker Greg McBride said both Brazil and Argentina should see a lack of rain. McBride said that, once the El Nino weather pattern kicks in more, South America could see even more dry weather. Right now, however, the dry weather won’t impact much directly, as both Brazil and Argentina are going through harvest. McBride said harvest in Brazil is still in the very early stages. McBride...
Gas prices should remain mostly unaffected by Hurricane Milton
Back-to-back hurricanes in the southern United States are taking a tremendous toll on everyone involved. One of the few places that likely won’t feel as big of an effect is the price of gas. Patrick DeHaan of GasBuddy.com said Milton, the latest hurricane, likely...
Ag trade deficit continues to grow
The ag trade deficit continues to grow, based on USDA’s latest trade figures for fiscal year ’24 through August. USDA Economist Bart Kenner says US farm exports continue to decrease. Imports on the other hand are on the upswing. That’s nearly twice the farm trade...
Scientists examining corporate influence over food and farm bill
The Union of Concerned Scientists recently released a report analyzing the influence of lobbying on food and agriculture systems. The report finds that agribusinesses, industry associations, and other interest groups have spent more than US$500 million to influence...
Crop protection doesn’t end in the field
We talk about what we need to do to protect our crops in the fields. We use various tools meant to protect our hard work from weeds, disease, and insects. We invest a lot of money into the plants we grow in the field and don’t want to see that investment endangered....
Small changes make the October WASDE report “neutral”
USDA published the October WASDE report at 11am on Friday morning and made slight changes to the numbers that can cause a reaction in the ag markets. Allendale commodity broker Greg McBride says the report was not far off from industry expectations going into Friday,...
Seasonal farm-to-table dinner series to highlight Iowa agriculture
The Iowa Tourism Office and Choose Iowa have partnered with the Iowa Restaurant Association to launch a seasonal farm-to-table dinner series, celebrating the connection between Iowa’s agricultural diversity and its culinary talent. The first dinner will take place on...
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More Ag News
GROWMARK Foundation Offers $110,000 in Student Scholarships
Students pursuing careers in agriculture and business have another opportunity to secure financial support, as the GROWMARK Foundation renews its scholarship program for 2025. The foundation will award fifty-five scholarships valued at $2,000 to students attending...
U.S. Export Sales Report (2-13-25)
Much like the February WASDE report, this week’s export sales did not provide much news for the markets to react to. Allendale commodity broker Ben Breisch gave an update on the latest numbers. However, Breisch said the soybeans are trending in a concerning direction....
Big changes in 2025 to help save money
While inflation finally shows signs of slowing, consumers still face higher costs and an uncertain economic future. A recent AARP survey found one in three older adults feeling financially insecure. Sean Voskuhl, Oklahoma State Director for the AARP, talked about the...
South American bean production and balance sheets
On Tuesday the USDA published the February WASDE report which provides both domestic and global supply and demand estimates. One of the biggest changes in this month’s numbers were to the Argentinian soybean crop says World Agricultural Outlook Board Chair Mark...
Rollins confirmed as Ag Secretary
Brooke Rollins won confirmation as the new Secretary of Agriculture by a 72-28 Senate vote. Several U.S. agriculture groups congratulated the Texan on her confirmation. “America’s pork producers are eager to work with Secretary Rollins to fix the multitude of problems...
