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Markets react to July USDA cattle reports

Markets react to July USDA cattle reports

The USDA released two important reports last week that each had a direct impact on the U.S. cattle industry: the July Cattle Inventory and July Cattle on Feed Reports. Bernt Nelson, an economist with the American Farm Bureau Federation, said the two reports offer a good snapshot of the current U.S. cattle industry. Nelson said a potential herd rebuild and sustained demand for beef are among the many factors influencing the cattle market. Nelson said markets will be further influenced by a...

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USB budget to sharpen focus, maximize returns

USB budget to sharpen focus, maximize returns

The United Soybean Board has approved a $122.5 million budget for fiscal year 2027, investing soybean checkoff dollars to expand markets and strengthen demand for U.S. soy. The farmer-led board says funding will support research, promotion, and education across food,...

R-CALF says imports hinder herd growth

R-CALF says imports hinder herd growth

The U.S. cattle herd remains at its lowest level in decades, leaving beef supplies historically tight and raising questions about when producers will begin expanding their herds. While economists often point to cattle prices, forage conditions, and producer...

House approves additional farm aid

House approves additional farm aid

The U.S. House of Representatives has approved $12 billion in additional farm aid as part of its budget reconciliation package. John Newton, vice president of public policy with the American Farm Bureau Federation, says the struggles of the farm economy have made...

USDA moves forward with mandatory relocation despite pushback

USDA moves forward with mandatory relocation despite pushback

The USDA Rural Development Mission Area intends to move nearly 3,000 members of its workforce out of the Washington, DC area, according to a report from Meatingplace. The relocation aims to modernize operations, increase accountability, and ensure federal resources...

Heavy rain hits crops in central Iowa again

Heavy rain hits crops in central Iowa again

Earlier this week, torrential rains hit central Iowa once again via a windbag storm. On top of the rain, heavy wind and hail damaged crops in some parts of the state. Dan Bjorklund, technical agronomist at Landus Cooperative, said that, while central and eastern Iowa...

Record voter support for E15 captures Senate’s attention

Record voter support for E15 captures Senate’s attention

A new voter poll shows record support for all year around higher-ethanol fuel blend. Geoff Cooper, President and CEO of the Renewable Fuels Association, wants to use the data to advance year-round E15 legislation through the Senate. He explains that voter support for...

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U.S. Export Sales Report (7-24-26)

U.S. Export Sales Report (7-24-26)

This week saw another mostly uneventful export sales report, but that is typical for this time of year. Allendale commodity broker Greg McBride said the corn markets are mostly done looking at the old crop sales and have instead shifted their focus to the shipment...

USB budget to sharpen focus, maximize returns

USB budget to sharpen focus, maximize returns

The United Soybean Board has approved a $122.5 million budget for fiscal year 2027, investing soybean checkoff dollars to expand markets and strengthen demand for U.S. soy. The farmer-led board says funding will support research, promotion, and education across food,...

R-CALF says imports hinder herd growth

R-CALF says imports hinder herd growth

The U.S. cattle herd remains at its lowest level in decades, leaving beef supplies historically tight and raising questions about when producers will begin expanding their herds. While economists often point to cattle prices, forage conditions, and producer...