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USDA releases more missing export sales data
More of the missing export data from the government shutdown was released this morning. The most recent report includes data of the week ending October 9th. Allendale commodity broker Greg McBride said the corn numbers line up well with the expectations from the USDA. McBride said the soybean sales are still disappointing, however. McBride said China is continuing to make purchases of U.S. soybeans as well, which is slowly chipping away at the total from the trade deal framework. The team at...
Flash sale data shows that China has not made big U.S. purchases yet
Last Friday was the first WASDE report since the end of the government shutdown. While the markets have already from recovered from that report, there is still plenty of information that was released that the markets will continue to look at. Allendale commodity...
What to expect from La Nina weather pattern this winter
It has been over a month since the National Weather Service officially declared the La Nina weather pattern for North America this winter. USDA meteorologist Brad Rippey says a La Nina winter has been the norm in recent years. Rippey describes the winter weather that...
Jay Theiler of Agri Beef Company elected chair of USMEF
The U.S. Meat Export Federation (USMEF) concluded its Strategic Planning Conference in Indianapolis Friday with election of new officers. Chairing USMEF for the 2025-26 term is Jay Theiler, executive vice president of corporate affairs for Agri Beef Company in Boise,...
Naig: USDA is back and Iowans stayed committed
The federal government is back open following the longest shutdown in United States history. Congress reached an agreement late last week, the President signed it, and agencies have been working their way back to normal ever since. USDA entered the restart period in a...
Grain markets react negatively to November WASDE
Friday brought us the first WASDE report in two months, and the markets had lofty expectations. However, the figures from this report were disappointing and caused a negative reaction in the grain prices to end the week. Allendale commodity broker Greg McBride said...
Increased biofuel demand could boost farm economy
At a time when the farm economy is facing a downward turn, farmers and ranchers are looking for expanded market opportunities. Faith Parum, an economist with the American Farm Bureau Federation, said increased biofuel production could be one avenue to increase farm...
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Naig Highlights Iowas Role in Americas 250th
Iowa is already looking ahead to 2026 and the celebration of America's 250th birthday. While most people are not thinking that far down the road, state leaders are, and Iowa Secretary of Agriculture Mike Naig has been asked to help guide how our state will take part...
South American Weather and Crop Update (11-18-25)
As global trade issues continue to develop, planting progress in South America is quietly rolling along. Allendale commodity broker Greg McBride gave an update on the latest weather forecasts for Brazil and Argentina. McBride said farmers have continued to make good...
American Farm Bureau applauds WOTUS rule
The Environmental Protection Agency (EPA) and the Army Corps of Engineers released a new rule Monday on the Waters of the U.S. (WOTUS) law. Courtney Briggs, Senior Director of Government Affairs with the American Farm Bureau Federation, said this rule is a positive...
Farm gate receipts are down, farm lending is up
Third quarter financials continue to demonstrate the tough situation in farm country this year. Joe Mahon, Regional Outreach Director at the Federal Reserve Bank of Minneapolis, says their third quarter survey of agricultural bankers in the Fed’s Ninth District show...
NCBA secures new WOTUS proposed rule that protects family farmers and ranchers
Today, the National Cattlemen’s Beef Association (NCBA) announced support for the new proposed Waters of the United States (WOTUS) rule released by the Environmental Protection Agency (EPA). The revised WOTUS rule comes after decades of advocacy by NCBA and our state...
