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U.S. Export Sales Report (6-4-26)
There was a disappointing aftertaste to this week’s export sales report. Allendale commodity broker Greg McBride said this week’s corn sales are lower than what we’ve been getting used to. While the soybean sales saw an improvement this week, McBride said they are still lagging behind overall. Interestingly, the grain markets had a sharp negative tone today. McBride said there were a few factors weighing in on this negative activity. The team at Allendale can be reached by calling...
Groups react to House farm bill ahead of markup
Some of America’s leading agricultural organizations are reacting to the House version of the farm bill put forth by Ag Committee Chair GT Thompson ahead of markup on May 23. American Soybean Association President Josh Gackle believes the legislation will...
Moving last of your stored crops requires some strategy
As planting is wrapping up across much of the state, our attention will soon turn back to other matters on our farm. One of those is the bins full of old crop grains that haven’t been marketed yet. If you still hold on to some uncontracted grains, you are likely...
House Ag Chairman Thompson releases 2024 Farm Bill draft
Today, House Agriculture Committee Chairman GT Thompson released a discussion draft of the 2024 Farm Bill- now named the Farm, Food, and National Security Act. The legislation includes twelve titles, covering commodities; conservation; trade; nutrition; credit; rural...
Another negative Rural Mainstreet Index during May
The Rural Mainstreet Index continued below growth neutral in May. It’s the ninth consecutive month that the survey of bank CEOs in rural areas of a ten-state region stayed in the red. Dr. Ernie Goss, an economics professor at Creighton University, says one thing that...
Cattle grazing pasture and rangeland recharging from rainfall
Despite some delays to planting caused by recent rainfalls in the Corn Belt, the moisture boost has helped to recharge the soil and brought relief to many drought-stricken areas. Row crop farmers are certainly welcoming the recent rains, but what about cattle...
Two beef industry bills signed into law by Governor Reynolds
Wednesday, Gov. Kim Reynolds signed two bills into law that were high priorities for the Iowa Cattlemen’s Association (ICA). Showcasing the importance, a large crowd gathered at Pat and Laura Blomme’s farm to witness this notable event. The Meat Integrity Bill (S.F....
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More Ag News
Possible expansion for dairy on the horizon?
It had been a rough few years for the dairy industry. The markets had not been good, and we had been seeing family farms closing up shop left and right. Those who were fighting to keep going said that they felt that good times had to be on the horizon once again....
Take the initiative against SCN during SCN Action Month
BASF Agricultural Solutions and The SCN Coalition are partnering together to recognize October as SCN Action Month for the fourth straight year. The partnership brings farmers the latest tools, research, and resources in order to effectively manage soybean cyst...
Despite crop adjustments, USDA still projects a record harvest
USDA made slight changes to its October crop production forecasts, but as expected, it still predicts record soybean and near-record corn crops. USDA Chief Economist Seth Meyer said the October crop forecasts, after adjustments, had no surprises. As for the soybean...
Grassley discusses timeline for potential new farm bill in 2025
Senator Chuck Grassley (R-IA) says that it is looking more and more likely that a new farm bill is not passed in time in 2024. With a time crunch for Congress following the presidential election in early November, and still no farm bill compromise in place, another...
U.S. corn production up while soybean production drops
Friday’s USDA Crop Production Report showed corn production is forecast at 15.2 billion bushels, up less than one percent from the previous forecast, but down one percent from last year. Soybean growers are expected to increase their production by ten percent from...
