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December WASDE didn’t bring much for the grain markets
As expected, the December WASDE report did not bring much news for the corn and soybean markets to react to. The most significant change came to the corn carryout numbers, which caused the prices to move up slightly. Allendale commodity broker Greg McBride gave a breakdown of the numbers. McBride said this report will hopefully put a bottom in on the corn markets. Moving forward in the short term, McBride said there likely won’t be any huge changes to the market trends yet. Instead of USDA...
Market macroeconomics going into 2026
During a presentation at the recent 2025 NAFB National Convention in Kansas City, Global Commodity Analytics President Mike Zuzolo discussed some of the biggest macroeconomic factors affecting the markets going into 2026. Zuzolo says that oversupply of some key...
Naig highlights export potential and challenges in Indonesia
Iowa Secretary of Agriculture Mike Naig says the second stop of the recent Iowa agricultural trade mission to Southeast Asia highlighted both the opportunities and the hurdles that remain in the Indonesian market. While Vietnam offered immediate expansion potential,...
AFBF study: farmers urgently need economic assistance
USDA’s most recent reports, including Commodity Costs and Returns, World Agriculture Supply and Demand Estimates, and Farm Sector Income & Finances reports, all confirm what U.S. agriculture has known for years. U.S. farm income is under immense pressure. A new...
Cattle supplies in the U.S. remain tight
Cattle supplies blamed for high beef prices remain tight, according to the latest USDA cattle reports. That’s USDA livestock analyst Michael McConnell who says that all of the data on cattle shows just how low supplies are right now. He points to several factors that...
South American Weather and Crop Update (11-27-25)
Planting progress in South America continues as the global market situation continues to shake up the U.S. grain marketplace. Allendale commodity broker Greg McBride gave an update on the latest forecasts for both Brazil and Argentina. As pod fill approaches for the...
How will proposed H-2A changes impact farmers and farmworkers?
In late September, the U.S. Department of Labor announced it was lowering the H-2A Adverse Effect Wage Rate, better known as AEWR. If the interim rule is adopted, it means rates will drop to around $1.80 an hour in Idaho, $2.10 in Oregon, and nearly $2.50 an hour in...
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SHIC continues proactive approach to H5N1 threat
H5N1 may not be grabbing the headlines every day, but it remains a major concern for livestock producers. While the virus continues circulating in both avian and dairy populations, the Swine Health Information Center (SHIC) says there is some positive news for pork...
Soybean demand can still grow in livestock industry
The United Soybean Board (USB) is looking at every opportunity to expand demand for U.S. soybeans. And even though the livestock industry is currently the biggest customer for soybeans, there is still plenty of room for growth. USB Chair Philip Good said the dairy...
Tariff aid expected this week or next
With farm margins under pressure, USDA is expected to roll out long anticipated tariff assistance soon. That’s Undersecretary for Farm Production and Conservation Richard Fordyce during his Senate confirmation hearing this year. Fordyce says USDA is adding up farm...
USTR holding public hearing on USMCA
The Office of the U.S. Trade Representative (USTR) will hold a public hearing this week on the U.S.-Mexico-Canada Agreement (USMCA). The hearing is in anticipation of a scheduled review of the trade pact set for next year. A keynote session of the U.S. Meat Export...
Secretary Naig welcomes applications for Choose Iowa value-added grants
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship is accepting applications for the next round of Choose Iowa Value-Added Grants. The highly competitive cost-share grant expands access to Iowa-grown,...
