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South American Weather and Crop Update (8-4-26)

South American Weather and Crop Update (8-4-26)

As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride said harvest progress is still behind for the safrinha crop in Brazil. McBride said harvest progress is also slightly behind in Argentina. The team at Allendale can be reached by calling 800-262-7538, or you can visit...

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Bullish news hard to find in current ag marketplace

Bullish news hard to find in current ag marketplace

A current snapshot of the ag marketplace shows front month corn below $4 and soybeans below the $10 mark. Unfortunately, there isn’t a lot of bullish news for the markets to react to right now to generate positive price movement. John Heinberg is a Market Advisor with...

Trade agreements will benefit Iowa grain and livestock producers

Trade agreements will benefit Iowa grain and livestock producers

A flurry of recent trade agreements and frameworks have been announced by the Trump administration ahead of the looming August 1 reciprocal tariff implementation deadline. Faith Parum, an economist with the American Farm Bureau Federation, said several of the deals...

Higher RVOs could lift feedstock demand

Higher RVOs could lift feedstock demand

While the biofuels industry is the most direct beneficiary of increased Renewable Volume Obligations (RVOs), the effects extend far beyond fuel tanks. Rising RVOs also put greater focus on the feedstock supply chain, from soybeans to animal fats, shaping decisions for...

Iowa producers can optimize grain storage with GrainVue

Iowa producers can optimize grain storage with GrainVue

For many years, grain storage has been a largely manual process. Once the grain is in the bin, farmers have to constantly monitor the conditions to make sure nothing spoils and leads to yield loss. However, the latest technology makes it to where grain storage...

Indonesia trade deal could remove burdensome non-tariff barriers

Indonesia trade deal could remove burdensome non-tariff barriers

Last week, the White House announced a framework for negotiating a trade agreement with Indonesia. U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror said that, while Indonesian tariffs on U.S. red meat are only 5%, the country places...

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AFBF asks Congress and White House for farm aid

AFBF asks Congress and White House for farm aid

Farmers and ranchers are facing extreme economic pressures. The overall U.S. farm economy is in very bad shape, and the long-term viability of the sector is in danger. Brian Glenn, director of government affairs for the American Farm Bureau Federation, said costs have...