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Farm credit conditions weaken across Upper Midwest
Financial pressure is building in farm country. The Federal Reserve Bank of Chicago reports that agricultural credit conditions across the Upper Midwest weakened in the second quarter compared with a year ago. Bankers highlight commodity price volatility, high production costs, and tighter cash flow as key challenges. Chicago Fed Policy Advisor David Oppedahl says cash flow issues are causing severe loan repayment problems, hitting an all-time high since 2020. Rather than borrowing to expand...
USMCA public hearings begin
Public hearings began in Washington, D.C., as part of the mandatory USMCA review process. Over 1,500 public comment-briefs have been submitted to the Office of the U.S. Trade Representative. Briefs were submitted by manufacturing, industrial, and retail sectors...
Global forecast: beef production to fall further in 2025
Beef production in major exporting and consuming regions is projected to decline in 2025, with global output likely to remain under pressure heading into 2026, analysts at Rabobank reported this week. The report indicates the largest volume reductions are expected in...
Pork prices holding above the cost of production
Pork supplies are similar to a year ago, even with hogs being fed to heavier weights before being sent to market. Lee Schulz, chief economist with Ever.Ag, says demand has been steady for several quarters, and prices continue to remain above the cost of production....
Purina: Cattle condition is key to breeding results
Breeding season may still feel a little ways off, but the work that determines next year’s calf crop is already underway. For beef producers, supporting cows through the stretch between calving and cycling is one of the most important management windows of the year....
U.S. Export Sales Report (12-4-25)
We’re finally seeing the export numbers for the end of October. This timeframe is when President Trump and President Xi agreed on the trade framework for U.S. soybeans. Allendale commodity broker Greg McBride said the report confirms that China did make purchases at...
Year-round E15 sales would provide tremendous boost to corn demand
United States farmers are incredibly good at what they do. Not only do they farm sustainably and efficiently but they are finding ways to increase productivity seemingly every growing season. With that increased productivity comes a growing need for market...
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E15 legislation fix remains a priority issue for Midwest lawmakers
Midwest lawmakers made a strong push to include a legislative fix for year-round E15 sales to be included in the government funding bill, only for the House to drop E15 from the House appropriations bill at the last minute. United States Senator Chuck Grassley (R-IA)...
Ethanol production drops from a record high
The Energy Information Administration said ethanol output dropped during the seven days ending on January 15. Production of the biofuel fell to an average of 1.119 million barrels a day, down from 1.196 million barrels the previous week, which was the highest level...
New technology allows for collection and direct application of pollen
Earlier this month, PowerPollen and Oxbo announced the first mechanized pollination solution for corn seed production. As we head into the 2026 growing season, this will allow seed companies to directly purchase, integrate, and scale the system. Jason Cope, co-founder...
Iowa farmers press E15 message as President Trump visits
As President Trump visits the Des Moines metro today with a focus on energy, the economy, and affordability, Iowa agriculture leaders are watching closely. While the visit brings renewed attention to biofuels, Iowa Agriculture Secretary Mike Naig says the message from...
Weather may be more impactful than Cattle on Feed report
Last week’s Cattle on Feed Report didn’t appear to be a market mover. Kyle Bumsted, a livestock market analyst from Allendale, said the report had a very neutral tone. Bumsted said there were signs of early heifer retention late last year, but that doesn’t appear to...
