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U.S. Export Sales Report (5-21-26)
As more details come out about the trade agreement between the U.S. and China, the weekly export sales continued following along its recent trends. Allendale commodity broker Greg McBride said the corn sales were the highest ever for this specific week. McBride said the soybean sales rebounded this week. While McBride said he is confident that China will hold up to its end of the agreement, it won’t do much for the soybean markets. The team at Allendale can be reached by calling 800-262-7538,...
Record $3.4 million in biofuels grants will expand E15 availability
The Iowa Renewable Fuels Infrastructure Program (RFIP) Board approved 74 project applications totaling more than $3.4 million in cost-share funding for Iowa fuel retailers during its quarterly board meeting last week. 73 ethanol cost-share projects were awarded, an...
USDA adds funding for specialty crop producers
As consumers, we rely on having a strong supply of vegetables, fruits, and other products to serve on our tables. However, for some producers, the challenges of getting their goods in front of consumers can be daunting. It takes financial backing to get the companies...
South American Weather and Crop Update (2-6-24)
Concerns about long-term dry weather still remain in South America, but, for the time being, there are some nice rains passing over right now. Allendale commodity broker Greg McBride gave an update on the latest weather conditions. McBride said that harvest is still...
Low cattle inventory brings higher beef prices
USDA’s biannual Cattle Inventory report showed the nation’s cattle herd at 87.2 million head, down roughly two percent from last year. This is the lowest herd size in 73 years, and it means that we could be seeing record beef prices in the grocery store soon. American...
What to expect in the February WASDE report
The World Agricultural Supply and Demand Estimates (WASDE) are released each month by the USDA and provide annual forecasts for supply and use of both U.S. and world wheat, rice, coarse grains, oilseeds, and cotton. The January report is typically thought of as a...
Secretary Naig encourages applications for century and heritage farm recognition
Iowa Secretary of Agriculture Mike Naig encourages eligible Iowa farm owners to apply for Century or Heritage Farm recognition as part of the Iowa Department of Agriculture and Land Stewardship’s Century and Heritage Farm Program. The program was created by the...
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More Ag News
South American Weather and Crop Update (7-23-24)
Once again, there is very little that is different when it comes to the weather down in South America, as the dry weather has stuck around. Allendale commodity broker Greg McBride gave an update on the latest weather conditions. That dry weather is still allowing...
Mitigating nitrogen loss with a no-burn nitrogen solution
The weather in Iowa this growing season has been unpredictable to say the least. With tornadoes, heavy rainfall and flooding, and even a derecho crossing the state, Iowa has dealt with numerous significant weather issues that bring unique challenges for farmers. With...
Obstacles remain for red meat exports to Canada
Canada is a top five destination for both U.S. beef and pork exports, but shipments are sometimes slowed by regulatory issues. The transition to the Public Health Information System (PHIS) was supposed to simplify this process, but that has obviously not been the case...
Iowa crop progress and condition report
Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...
How are conservation practices handling floods?
When we talk about conservation projects for our fields, we are often sold on what it can do to clean up the water and prevent soil erosion by wind and water. As we have witnessed through the spring and early summer, large amounts of rain have fallen across much of...
