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News headlines bring negativity to soybean marketplace

News headlines bring negativity to soybean marketplace

Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump brought negative price movement to the soybean complex. The President was scheduled to visit with the President of China, Xi Jinping, at the end of March but Trump indicated that the meeting could be delayed. That is commodity broker,...

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Flash sale data shows that China has not made big U.S. purchases yet

Flash sale data shows that China has not made big U.S. purchases yet

Last Friday was the first WASDE report since the end of the government shutdown. While the markets have already from recovered from that report, there is still plenty of information that was released that the markets will continue to look at. Allendale commodity...

What to expect from La Nina weather pattern this winter

What to expect from La Nina weather pattern this winter

It has been over a month since the National Weather Service officially declared the La Nina weather pattern for North America this winter. USDA meteorologist Brad Rippey says a La Nina winter has been the norm in recent years. Rippey describes the winter weather that...

Jay Theiler of Agri Beef Company elected chair of USMEF

Jay Theiler of Agri Beef Company elected chair of USMEF

The U.S. Meat Export Federation (USMEF) concluded its Strategic Planning Conference in Indianapolis Friday with election of new officers. Chairing USMEF for the 2025-26 term is Jay Theiler, executive vice president of corporate affairs for Agri Beef Company in Boise,...

Naig: USDA is back and Iowans stayed committed

Naig: USDA is back and Iowans stayed committed

The federal government is back open following the longest shutdown in United States history. Congress reached an agreement late last week, the President signed it, and agencies have been working their way back to normal ever since. USDA entered the restart period in a...

Grain markets react negatively to November WASDE

Grain markets react negatively to November WASDE

Friday brought us the first WASDE report in two months, and the markets had lofty expectations. However, the figures from this report were disappointing and caused a negative reaction in the grain prices to end the week. Allendale commodity broker Greg McBride said...

Increased biofuel demand could boost farm economy

Increased biofuel demand could boost farm economy

At a time when the farm economy is facing a downward turn, farmers and ranchers are looking for expanded market opportunities. Faith Parum, an economist with the American Farm Bureau Federation, said increased biofuel production could be one avenue to increase farm...

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