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Ethanol exports on track to hit another record
Ethanol exports are on track to set another record according to USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg. Lindberg says that new and expanded overseas markets are increasing foreign demand and driving a likely third record year of ethanol exports. Lindberg also points to increased demand via a recent trade deal with the UK which included ethanol. The Energy Information Administration says the U.S. was exporting nearly 140-thousand barrels per day through...
Major reports can cause sudden market shifts
As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...
U.S.-Canada trade negotiations are vital to agriculture success
U.S. farmers and ranchers are paying close attention to the negotiations on the U.S.-Mexico-Canada Trade Agreement. Virginia Houston, the senior director of congressional affairs for the American Farm Bureau Federation, highlights the vital roles Mexico and Canada...
Active August weather could boost Iowa crops
Strong thunderstorms rolled through Iowa on the opening morning of the Iowa State Fair, putting the weather front and center. While the storms may not have been what fairgoers wanted to see, the broader weather pattern could be arriving at a good time for Iowa crops....
August WASDE report drove U.S. grain prices higher
Overnight news of attacks on two Russian shipping ports had the markets higher to start the day, and the August WASDE report brought a few surprises that allowed to grain markets to hold on to those gains and go even further. Allendale commodity broker Greg McBride...
Lower disease pressure gives Iowa corn growers more flexibility in 2026
Now that we are in the stretch run of the growing season, it won’t be long until corn growers fire up their combines and begin harvesting. However, there are still a lot of things that farmers can do the rest of the growing season and during harvest to optimize their...
Fertilizer, diesel costs remain elevated heading into fall
Fertilizer and diesel prices remain well above recent-year levels, adding pressure to farmers making fall input decisions for the 2027 crop. USDA data analyzed by the University of Illinois shows anhydrous ammonia averaged $915.50 per ton on August 7, up 16 percent...
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Pro Farmer Crop Tour sparks new questions over corn yield
The final Pro Farmer Crop Tour numbers surprised many traders, particularly on the corn side. However, commodity analyst Mike Zuzolo says his own survey of farmers painted a different picture- one that was actually closer to USDA's August estimates. Zuzolo says the...
South American Weather and Crop Update (6-23-26)
It’s the dry season in South America, and the forecasts definitely reflect that. Allendale commodity broker Greg McBride said this isn’t a huge problem yet, but they are monitoring the weather. McBride said harvest progress is behind in Brazil, but it is approaching...
Senator Grassley responds to beef import plan
Last Friday President Trump announced the administration's plan to allow an additional 300,000 metric tons of tariff-free beef imports over the next 90 days. In a social media post, President Trump said the beef would sell at roughly 25% below market prices to help...
Secretary Naig and INREC expand nitrogen soil sampling project
Iowa Secretary of Agriculture Mike Naig and the Iowa Nutrient Research & Education Council (INREC) today announced the expansion of the Nitrogen Soil Sampling Project that delivers free nitrogen soil testing for farmers in counties upstream from the Des Moines and...
Fertilizer concentration concerns Iowa Corn leadership
A concentrated fertilizer industry and stubbornly high prices are drawing increased scrutiny from farmers and federal investigators. The United States Department of Justice is reportedly investigating several leading fertilizer producers to determine whether pricing...
