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Iowa farmers closely watching August WASDE and crop reports

Iowa farmers closely watching August WASDE and crop reports

The August WASDE and crop reports will be published by USDA on Wednesday August 12th and will feature the latest USDA yield estimates and updated acreage numbers. The reports will be published at 11:00 AM central time on Wednesday. Eric Relph of Commstock Investments says that traders will likely immediately react to the yield numbers based on their positions they had going into the report which relied on trade estimates. If USDA’s numbers are similar to the trade estimates, Relph says that...

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How El Niño will impact agriculture

How El Niño will impact agriculture

The weather pattern shifting to El Niño this year has been a topic of conversation in weather forecasts for some time. Chad Merrill, senior meteorologist at AccuWeather, says the El Niño weather pattern arrived earlier this month. Merrill says the forecast for July is...

Grain markets brace for key USDA reports

Grain markets brace for key USDA reports

Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn,...

U.S. Export Sales Report (6-29-26)

U.S. Export Sales Report (6-29-26)

Last week’s export sales held a couple of surprises, particularly in the corn exports. Allendale commodity broker Greg McBride said the corn sales may look disappointing, but they were actually good compared to the 5-year average. McBride said the soybean sales were...

Iowa officials confident in screwworm strategy

Iowa officials confident in screwworm strategy

While New World Screwworm remains confined to parts of Texas, New Mexico, and Mexico, animal health officials are focused on making sure it stays that way. Although the insect is still hundreds of miles from Iowa, state and federal officials are relying on a proven...

What to expect from the USDA acreage and grain stocks reports

What to expect from the USDA acreage and grain stocks reports

On Tuesday June 30th USDA will publish the planted acreage and quarterly grain stocks reports. These reports typically have been known to move the ag marketplace one way or the other based on the updated numbers for planted acreage and the grain on hand in the stocks...

US hog inventory edges lower; productivity ticks up

US hog inventory edges lower; productivity ticks up

The U.S. hog and pig inventory totaled 73.7 million head as of June 1, down slightly from a year earlier and from March, USDA said Thursday in its quarterly report. Market hogs accounted for 67.8 million head, while 5.88 million were kept for breeding, according to...

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South American Weather and Crop Update (7-7-26)

South American Weather and Crop Update (7-7-26)

Not much has changed with the weather in South America, as dry conditions are persisting across the growing regions of the continent. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. McBride said progress for the...

USDA could regain food aid programs

USDA could regain food aid programs

Senate Agriculture Committee Chairman John Boozman wants two major U.S. foreign food aid programs returned to the U.S. Department of Agriculture. Boozman says USDA is better equipped than the State Department to oversee programs built around American agriculture....