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Grain markets could see another price rally in June
After making recent highs, the corn and soybeans prices have been somewhat in the red, leading some farmers to wonder if they missed out on potential profits. However, they may have another chance to take advantage of a price rally. Micheal Weidner, director of grain origination and producer strategy at Landus Cooperative, said the odds show that prices could hike up again. On the corn side of the marketplace, Weidner said now is the time for producers to recalibrate their plans and figure out...
Grain stocks report shows more corn, beans in storage
The USDA’s Grain Stocks Report shows corn stocks in all positions on March 1, 2024, totaled 8.35 billion bushels, up 13 percent from March 1, 2023. Of the total stocks, 5.08 billion bushels were stored on farms, 24 percent higher than last year. Off-farm stocks were...
Unleashing potential with advancements in soybeans
The Research Center for Farming Innovation at Iowa Soybean Association features an on-farm research center, an analytics and insights team, and a conservation team. Christie Wiebbecke is the chief officer of research and conservation at Iowa Soybean Association and...
2024 farmland prices could be anybody’s guess
As we look ahead to the new growing season, one thing that will certainly be on the minds of producers and farm families is the acquisition of more land for either expansion of the family operation, or for beginning farmers looking to make a start. Of course, we know...
Quarterly Grain Stocks and Acreage numbers were good, but not miraculous
The grain markets were positioned to react to basically anything that came out of today’s Quarterly Grain Stocks and Acreage Report, so when the friendly numbers came in, the prices jumped upwards and held those gains through the end of the day. Allendale commodity...
SE Iowa producer focusing on building trust with consumers
Farmer Grade, a new business idea birthed out of the rise of social media, is focusing on building trust with consumers. Sawyer Whisler, a farmer from southeast Iowa, wanted to do something different while selling meat directly from the farm to the table. So, he built...
Grassley says Prop 12 creating negative effects for producers and consumers
United States Senator (R-IA) Chuck Grassley is home in Iowa this week as the Senate takes its Easter break and he has visited with Iowans in 11 counties as part of his yearly 99 county tour. He says that California’s Prop 12 law has been a big discussion topic with...
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More Ag News
SW Iowa crops still looking great heading into harvest
There’s not much time left until harvest season will be upon us in Iowa, and the crops in the southwest part of the state are still looking great. SW Iowa Beck’s Agronomist Nate Meyer said he’s expecting a bumper crop for both corn and soybeans this year. Meyer said...
Financial benefits of climate-smart commodities
Approximately 13,000 American farms participate in the climate-smart commodity initiative, which covers about eight million acres of land. Ag Secretary Tom talked about the appeal of the initiative and said he expects those participation numbers to continue growing....
A drop in soybean condition ratings
USDA is reporting a drop in condition ratings for soybeans and a possible frost in parts of the Upper Midwest. That is USDA meteorologist Brad Rippey. There was no change to the corn condition rating this week with the number remaining at 65% good to excellent....
Koch completes $3.6 billion purchase of Iowa Fertilizer Co.
Koch Ag & Energy Solutions successfully purchased OCI Global’s fertilizer plant in Wever, Iowa, for $3.6 billion. After announcing the pending sale last year, the finished transaction gives Koch access to a state-of-the-art facility and its related businesses. The...
Keeping new dairy calves healthy from respiratory diseases
While we have talked at length about what H5N1 or bird flu looks like for dairy herds, we have to remember that this isn’t the only health concern we face. There are still the old standards we have to guard against, and at this time of year, we see more calves moving...
