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South American Weather and Crop Update (6-23-26)
Once again, the weather forecasts in South America are leaning more towards drier weather. Allendale commodity broker Greg McBride said both Brazil and Argentina should see a lack of rain. McBride said that, once the El Nino weather pattern kicks in more, South America could see even more dry weather. Right now, however, the dry weather won’t impact much directly, as both Brazil and Argentina are going through harvest. McBride said harvest in Brazil is still in the very early stages. McBride...
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...
House farm bill amendment blocks foreign adversaries from buying U.S. farmland
Foreign adversaries are barred from buying U.S. farmland under an amendment added to the House farm bill which recently passed in the House by voice vote. The bill was introduced by Florida Republican Greg Steube. Much of the land referred to by Steube is located near...
DOJ confirms probe into beef processors
The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...
Ernst builds on USDA food safety center announcement
Following up on last week’s announcement from the U.S. Department of Agriculture about establishing a National Food Safety Center in Iowa, more details are emerging about what that move means for the state and the broader ag industry. The USDA’s Food Safety and...
Inspiring consumers to add more pork to their diets
The National Pork Board’s Retail Advisory Committee (RAC) meeting serves as a direct, industry-focused platform to connect retail leaders with key insights into the organization’s consumer campaigns and third-party consumer research. Neal Hull, NPB’s director of state...
U.S. beef has great new opportunities in the UK marketplace
U.S. beef recently regained duty-free access to the United Kingdom under a 13,000 metric ton quota included in the trade framework reached by the Trump administration last year. The quota provides the first zero-duty access to the UK since its exit from the European...
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Iowa Farm Bureau accepting applications for “Grow Your Future” award
Iowa Farm Bureau is now accepting applications for its Grow Your Future Award, offering one young farmer $10,000 to scale their ag-related business. The competition highlights Farm Bureau members ages 18 to 35 who are building creative, value-added businesses from...
Feenstra says year-round E15 has strong bipartisan support
On Wednesday, the U.S. House of Representatives was able to pass legislation that would allow E15 to permanently be sold year-round. By unleashing ethanol production, demand for corn can increase, fuel prices can go down, and America can become more energy...
U.S. Export Sales Report (5-14-26)
This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...
Latest Cattle on Feed Report hints at minor herd rebuild
April’s USDA Cattle on Feed Report provided a breakdown of steers and heifers on feed with heifers falling to 37 percent of the total on-feed inventory. Typically, this is the initial signaling of herd rebuilding. ShayLe Stewart, a livestock market analyst with DTN,...
Year-round E15 passes House by the skin of its teeth
After years of delays, temporary waivers, court battles, and political fights, the U.S. House approved nationwide year-round E15 legislation Wednesday evening, though not without another dramatic procedural showdown along the way. The House passed the measure by a 218...
