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U.S. Export Sales Report (4-16-26)
This week’s export sales were strong again for the corn markets. This is exactly what we need to see in order for meet high expectations. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. Unfortunately, the soybeans continued with another week of disappointing sales. Export sales have also been sparing, but McBride said we don’t look for a lot of those at this time of year anyways. The team at Allendale can be reached by calling 800-262-7538, or you...
Examining the current state of the hog marketplace
The hog market made a turn for the better just before last week?s World Pork Expo at the Iowa State Fairgrounds in Des Moines. The upturn certainly made for more smiles at the expo but is this a sign of things to come or a short term turnaround?Hog market futures did...
Tentative agreement reached on West Coast port labor contract
Last night, the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) announced a tentative agreement on a six-year contract. The agreement, which covers all of the West Coast ports, brings an end to a year-long negotiation that...
Southeast Iowa water quality project accelerates toward new phase
Iowa Secretary of Agriculture Mike Naig announced today that a successful Water Quality Initiative (WQI) project in Southeast Iowa is progressing toward its next phase, with a specific focus on the seeding of more cover crop acres as well as implementing additional...
Bill introduced to stop bureaucratic limits on animal health options
I have a simple question for all the livestock producers out there. When your animals are sick, who do you call?I assume that the answer you are giving me to that question is your veterinarian. I bet even in certain instances you would be prepared to administer your...
Taylor and USDA promote ethanol during trade mission to Japan
USDA?s trade mission to Japan last week pressed Tokyo for ethanol sales as many countries look for new ways to reduce carbon emissions.USDA Under Secretary for Trade and native Iowan Alexis Taylor says the trade mission?s efforts to promote ethanol in Japan were set...
Talk with your lender to help navigate high input costs
At this year?s World Pork Expo, high input costs were among the top discussion headlines. Input costs are still as high as ever, and that makes it difficult for producers to really get the most out of their operations. Fortunately, ag lenders are working with swine...
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Red Sea Pirates continue to impact global trade
It is bad enough when our shipping is affected by natural occurrences like drought in the Mississippi River and the Panama Canal. It puts a big obstacle in the shipping lanes and increases costs and shipping times. But when the problems are manmade, it becomes an even...
South Dakota-based Ringneck Energy joins American Carbon Alliance
Today the American Carbon Alliance (ACA) announced that Ringneck Energy has joined as a member of the ACA. Ringneck Energy is located in Onida, South Dakota, and has been in operation since 2018. They have partnered with Summit Carbon Solutions, and their plant is...
South American Weather and Crop Update (1-9-24)
There are still some dry areas in Brazil, but, for the most part, there’s been a healthy amount of rain for the region. However, there are now concerns that the rain could actually start to impact harvest progress. Allendale commodity broker Greg McBride gave an...
Case IH recognizing its past while focusing on the future
The 2024 Case IH tractor lineup delivers more purposeful design, technology, and performance. This year’s lineup includes the company’s most powerful tractor ever – the Steiger 715 Quadtrac. Fran Rosenquist, a farmer from Atwater, Minnesota, said the 715’s power and...
Spending deal raises hopes of averting government shutdown
A deal for overall spending in 2024 has improved the outlook of avoiding the first of two government shutdown deadlines, with individual spending for the USDA and other key departments still to be completed. The deal largely gives Democrats the domestic and defense...
