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June soybean outlook from USDA features small changes

June soybean outlook from USDA features small changes

The June WASDE report is typically moved on from quickly because of the importance of the reports at the end of the month. On June 30th the USDA will release the Planted Acreage and Quarterly Grain Stocks reports which will have the potential to move the markets dramatically. However, there were still a lot of key takeaways from last week’s WASDE publication including the supply and demand estimates for U.S. and world soybean crops. World Agricultural Outlook Board Chair Mark Jekanowski says...

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EIA: SAF production capacity will continue to grow

EIA: SAF production capacity will continue to grow

The Energy Information Administration is predicting the production capacity of sustainable aviation fuel in the U.S. to increase from 2,000 barrels a day to 30,000 barrels a day this year. That’s if all announced capacity additions manage to successfully come online....

ISU studying HPAI in raw milk

ISU studying HPAI in raw milk

A recent study at Iowa State University investigated how Highly Pathogenic Avian Influenza (HPAI) is being detected in raw milk. Dr. Rahul Nelli of the ISU Veterinary Diagnostic Laboratory talked with us about the collaboration that went into this project. Nelli gave...

Holding old crop grain could be “playing with fire”

Holding old crop grain could be “playing with fire”

We are unofficially halfway through the growing season, and we will be harvesting before we know it. Before we start, there are a few decisions that must be made. One is dealing with any old crop grain you still have in the bin. The quarterly grain stocks report at...

Climatological answers for a sudden and rapid derecho

Climatological answers for a sudden and rapid derecho

A seemingly random derecho- along with a few tornadoes- tore through the Midwest earlier this week, but was it even random at all? As always, there are answers to that in the observed climate patterns. Iowa’s State Climatologist Dr. Justin Glisan said a heat dome...

June soybean outlook from USDA features small changes

U.S. Export Sales Report (7-18-24)

The export sales numbers flipped the script this week, with a rather normal week in corn and some optimism in the soybeans. Allendale commodity broker Greg McBride gave an update on the latest report from the USDA. The fairer market weather in the soybeans was...

Soybean prices facing downward pressure

Soybean prices facing downward pressure

USDA analysts are examining soybean planted acreage and other data in hopes of determining the size of the upcoming soybean crop. USDA Outlook Board Chairman Mark Jekanowski. That is less than a 1% increase over last year’s crop. USDA Outlook Board Chairman Mark...

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June soybean outlook from USDA features small changes

U.S. Export Sales Report (12-5-24)

The weekly export sales continue to look great for corn and soybeans- in fact, soybeans set a record for this week. Allendale commodity broker Greg McBride gave an update on the latest report from the USDA. McBride said flash sales have been slightly slower lately....

EIA: SAF production capacity will continue to grow

Administration won’t finalize 45Z guidance

Biden administration officials won’t finalize guidelines on new clean fuel production tax credits intended for the airline and biofuel industries before the officials leave office in January. Three sources told Reuters that casts significant doubt on the future of a...