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DOJ continuing investigation into alleged meatpacking antitrust violations
The U.S. Department of Justice is intensifying its investigation into possible antitrust violations in the beef packing industry, prompting renewed calls from ranching groups for greater competition and market transparency. Federal officials said investigators are examining whether consolidation among the nation’s largest meatpackers contributed to inflated beef prices for consumers and reduced prices paid to cattle producers. The four largest beef processors control roughly 85% of the fed...
Farm Bill Clears House as E15 Waits
The U.S. House has now passed its version of the Farm Bill, but just hours before that final vote, lawmakers were still working through the steps needed to bring the legislation to the floor. Speaking Wednesday morning, just minutes before the House began voting on...
Farm Bureau applauds House passage of 2026 farm bill
After several months of work and negotiation, the House of Representatives passed the Farm, Food, and National Security Act of 2026, also known as the farm bill, with a bipartisan vote. Brian Glenn, director of government affairs for the American Farm Bureau...
U.S. Export Sales Report (4-30-26)
This week’s export sales continued the recent trends we have seen. Allendale commodity broker Greg McBride said the corn sales had another strong report. The soybean sales, however, were disappointing once again. Additionally, there have been no flash sales since last...
Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price...
Farmers face another year of tight margins
U.S. farmers are entering another growing season with tight profit margins as lower crop prices, elevated input costs, and trade uncertainty weigh on the outlook for 2026. Corn and soybean prices remain below levels seen during recent highs, while expenses for...
Prop 12 repeal rides with Farm Bill to House floor
As the House prepares to take up the Farm Bill this week, pork producers are watching closely to see if Congress will finally address California’s Proposition 12. The National Pork Producers Council has made repeal of Prop 12 one of its top priorities, and Todd...
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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...
Examining the factors currently influencing the grain markets
Geopolitics, trade, and weather are all making an impact on the grain markets in recent weeks and that trend looks to continue as the calendar turns to May. Commodity broker Greg McBride of Allendale says that the upcoming meeting between President Trump and Xi...
New tariff push raises farm trade concerns
New efforts by the Trump administration to impose fresh import tariffs are drawing concern across U.S. agriculture, where producers fear another round of retaliatory trade measures could weaken export demand for key commodities. The administration is pursuing...
Ernst: Senate Path tough after House Farm Bill vote
The U.S. House has passed its version of the Farm Bill, but the focus now turns to the Senate, where the path forward is expected to be more difficult. While in Washington last week, I spoke with Iowa Senator Joni Ernst just as the House was preparing to vote on...
USDA confirms pseudorabies in swine herds in Iowa and Texas
On Thursday April 30th the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) National Veterinary Services Laboratories (NVSL) confirmed via ELISA (Enzyme-Linked Immunosorbent Assay) and latex agglutination testing (LAT) a detection of...
