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Farm industry is navigating challenging times

Farm industry is navigating challenging times

There’s no doubt it’s been a rough go for the U.S. agricultural sector in recent years. Rob Larew, the president of the National Farmers Union, said the passage of the farm bill out of the House provides a bit of hope. Larew said it was disappointing to see year-round E15 amendment get pulled from the House Farm Bill after disagreements between oil-patch and farm-state Republicans. Larew said it’s time for the U.S. to invest in more domestic fertilizer prices to help withstand the price shocks...

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Record cash receipts from commodity sales in 2022

Record cash receipts from commodity sales in 2022

American farms reported record cash receipts of $555 billion from the sales of all commodities in 2022. This beat the previous high from 2014 by 3.1 percent after adjusting both amounts for inflation and was 28 percent above the 20-year average level. The 2022 record...

Soybeans are a huge impact on the American economy

Soybeans are a huge impact on the American economy

Soybeans are amazing little seeds. We can do so much with them. Whether it is for feeding humans and animals, fueling our cars, being part of the rubber in tires and shoes, or sealing the road surfaces we drive on; that little bean is everywhere and is an essential...

U.S. Export Sales Report (10-13-23)

U.S. Export Sales Report (10-13-23)

Another mostly friendly report from the USDA, this time from the U.S. Export Sales Report. Allendale commodity broker Greg McBride said that the old crop numbers were good, and the new crop numbers were at least mediocre. Flash sales were also fairly active,...

US ag exports, imports slowing

US ag exports, imports slowing

U.S. farm exports and imports are slowing based on USDA’s latest projections. The final figures aren’t in yet for the fiscal year that ended last month, but USDA Economist Bart Kenner says farm exports will likely be down. Kenner says U.S. exports have some ground to...

Iowa corn collegiate advisory team students selected

Iowa corn collegiate advisory team students selected

Iowa Corn is proud to announce the students selected to participate in the 2023 - 2024 school year’s Collegiate Advisory Team (CAT) program, which focuses on increasing college students’ understanding of the corn industry. During the one-year program, students will...

Low river levels taking a toll on Iowa cash crop prices

Low river levels taking a toll on Iowa cash crop prices

A prolonged impact from low river levels is being felt by Iowa farmers as it related to lower cash basis levels. Certainly seeing rainfall which will help but it’s going to take a lot as most is currently sinking in.  Matt Miles is a fourth-generation row-crop farmer...

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U.S. Export Sales Report (10-13-23)

U.S. Export Sales Report (4-18-24)

This week’s export sales were very even keeled. This is great for the soybeans, which have been underperforming, but is not as good for corn, which had been more towards the other end of the spectrum. Allendale commodity broker Greg McBride gave an update on the...