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U.S. Export Sales Report (5-9-24)
A neutral export sales report is favorable to the idea that the USDA will make cuts to U.S. exports in tomorrow’s WASDE report, as both corn and soybeans have fallen behind. Allendale commodity broker Greg McBride gave an update on the latest numbers. McBride said that some flash sales of corn to Mexico provide some optimism for that market. Looking ahead to tomorrow’s WASDE, McBride said to look out for changes to the production estimates in South America and the U.S. ending stocks. The team...
Extreme drought calls for extra soil management
As planting season starts to fully get rolling here soon in Iowa, farmers are thinking about how to handle extreme drought conditions that can hinder crop development. While farmers have been dealing with drought conditions for almost 4 years straight now, there’s...
Secretary Naig comments on updated GREET model for Sustainable Aviation Fuel credit
Following yesterday’s release of guidance by the U.S. Department of Treasury and Internal Revenue Service on the 40B Sustainable Aviation Fuel (SAF) Credit, which incorporates an updated version of the GREET (Greenhouse gases, Regulated Emissions, Energy use in...
Treasury department announces GREET model guidelines for 23-24
We have been watching and waiting for the GREET model to be released. It is necessary to have an updated version of it to produce Sustainable Aviation Fuel (SAF) and the credits that will be assessed to different practices to help lower carbon scoring on the fuel’s...
South American Weather and Crop Update (4-30-24)
Drier conditions have finally made their way to South America, allowing farmers in Brazil and Argentina to catch up on harvest. Allendale commodity broker Greg McBride gave an update on the latest weather conditions. McBride said harvest in Brazil is moving steadily...
New labor law piles even more regulations on farmers
A new rule from the Department of Labor is once again adding to the regulatory burden of farmers and ranchers. John Walt Boatright, director of government affairs with the American Farm Bureau Federation, says that while farmers obviously care about their employees,...
The science behind healthy plant ecosystems
Healthy soil is just as much a part of farming as the health of the plant. Soil health allows for the best ecosystem to assist plant growth throughout the crop season, giving that plant the best opportunity to grow to its maximum potential. Therefore, better soil...
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Silver linings to rainy weather planting delays
As we finish up the 200th consecutive week of drought in Iowa, there’s actually some hope to be found, as the drought conditions are very much trending in the right direction. The recent storms have dumped off plentiful amounts of rainfall for the soils across the...
The latest tool to help growers battle SCN
If you are a soybean grower in the Midwest you are well aware of the threat of soybean cyst nematode or SCN. The yield robbing pest is responsible for $1.5 billion dollars in loss annually. To give growers another tool to help fight SCN, BASF has developed a new...
U.S. Export Sales Report (5-2-24)
Despite an exciting day in the grain markets, export sales were very mild this week. Allendale commodity broker Greg McBride said corn and beans came within estimates. Corn sales are only slightly behind the 5-year average, but McBride said beans are far enough behind...
The 2024 Iowa’s best burger announced
From cheese curds to chip dust, burgers as big as dinner plates to multiple patty burgers, fresh veggies to cheeses, and sauces to spreads, this year’s Top 10 Iowa’s Best Burger restaurants had it all! However, only one can claim the title of Iowa’s Best Burger in...
Ag Committees release previews of Farm Bill
Yesterday, while the NAFB attended Washington Watch, House Ag Committee Chairman GT Thompson released a framework for the House Version of the Farm Bill, and Senate Ag Committee Chairwoman released the full Senate version. Both addressed the NAFB members in attendance...