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Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world production numbers. Jekanowski says the net result of changes in the July WASDE report increased the export forecast. There was no change to soybean ending stocks or the season ending average price estimate which remains at $11.40...

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More reaction to house farm bill passage

More reaction to house farm bill passage

U.S. agriculture groups continued to react to the House of Representatives’ passing of its 2026 Farm Bill. “Instead of caving to attacks on the livestock industry from groups posing as farmers and ranchers, a bipartisan group advanced a bill that will provide needed...

Farm Bill Clears House as E15 Waits

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

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)

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

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

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...

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Recapping a volatile week in the grain markets

Recapping a volatile week in the grain markets

President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between...

A multi-state focus on specialty crops

A multi-state focus on specialty crops

Applications are now being accepted for grants from USDA's Specialty Crop Multi-State Program, which is designed to address various concerns and efforts within the specialty crop industry. USDA Agricultural Marketing Service Deputy Administrator Tricia Kovacs provides...