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South American Weather and Crop Update (5-19-26)

South American Weather and Crop Update (5-19-26)

After several weeks of dry weather that started to raise concerns over crop conditions, farms in Brazil finally found some relief in some timely rains. Allendale commodity broker Ben Breisch said that rain may have still come in a little too late, however. Breisch said those weather concerns have allowed U.S. grain- particularly corn- to have a price advantage over Brazil when it would normally be the other way around. As a result, Breisch said now is a good time for U.S. farmers to be selling...

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South American Weather and Crop Update (8-5-25)

South American Weather and Crop Update (8-5-25)

The weather is still mostly dry down in South America, so not much has changed. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. The dry weather has allowed Brazil to catch up with the 5-year average on harvest,...

Agriculture watches as U.S.-Canada tensions rise

Agriculture watches as U.S.-Canada tensions rise

The global trade war rhetoric is heating up again, but this time, America’s closest allies are signaling they’ve had enough. Canada, long known for its diplomatic restraint, is beginning to openly express frustration with the Trump Administration’s trade tactics. As...

July 2025 brought historic rainfall to Iowa

July 2025 brought historic rainfall to Iowa

After experiencing an already wet month in June, history would suggest that July would back off on the faucets a little bit. That was not the case this year, though, as Iowa experienced the second wettest July on record. Dr. Justin Glisan, state climatologist for...

USMEF applauds confirmation of new USDA Undersecretary for Trade

USMEF applauds confirmation of new USDA Undersecretary for Trade

On Saturday evening, the U.S. Senate confirmed Luke Lindberg as USDA Undersecretary for Trade and Foreign Agricultural Affairs on a vote of 77-18. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom said there was strong bipartisan support in the...

USDA says farmland values up, cash rents stable

USDA says farmland values up, cash rents stable

USDA Chief Economist Seth Meyer says that USDA’s annual snapshot of farmland value and cash rents shows a slowdown in year over year growth. He expands on land values when breaking down the numbers for cropland and pasture values. Farm real estate value by state...

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