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U.S. Export Sales Report (10-12-26)

U.S. Export Sales Report (10-12-26)

The most recent U.S. export sales report was a continuation of the recent trends for the corn markets, but soybeans were uncharacteristically low as well. Allendale commodity broker Greg McBride said the corn sales were disappointing once again. McBride said the export sales were disappointing for the soybeans as well. Moving forward, McBride said the soybean markets have a couple red flags to keep an eye on. The team at Allendale can be reached by calling 800-262-7538, or you can visit...

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ARC and PLC payout highest ever

ARC and PLC payout highest ever

ARC and PLC will pay out record amounts to producers this year as the amounts were raised under last year’s Working Families Tax Cut Act. That is United States Senator Chuck Grassley (R-IA) referencing ARC and PLC, he says that the programs have been adjusted and now...

Markets await October USDA supply and demand estimates

Markets await October USDA supply and demand estimates

USDA’s October Crop Production Report and World Agricultural Supply and Demand Estimates, or WASDE, are scheduled for release at noon Eastern Time on Oct. 9. World Agricultural Outlook Board Chair Mark Jekanowski says the October reports will incorporate key data...

NPB launches advisory committees to strengthen producer input

NPB launches advisory committees to strengthen producer input

One of the cornerstones of the National Pork Board (NPB) is focusing on producer priorities. Six producer-led advisory committees were established recently to align with NPB’s strategic plan. NPB CEO David Newman said the board is built by farmers, for farmers. Unlike...

Opening the playbook on soybean variety selection

Opening the playbook on soybean variety selection

Managing soybean cyst nematode can influence more than how farmers protect yield. The resistance needed to manage the pest can also affect which soybean varieties are available to match the other agronomic needs of an individual field. BASF is developing its...

Seed Sovereignty Initiative capitalizes on U.S. seed collection

Seed Sovereignty Initiative capitalizes on U.S. seed collection

Yesterday, USDA Secretary Brooke Rollins announced a $180 million investment into the new Seed Sovereignty Initiative. This provides much-needed support for the USDA’s Agricultural Research Service (ARS) National Plant Germplasm System (NPGS). Dr. Scott Hutchins, USDA...

Diesel tax relief is appreciated, but costs are still high

Diesel tax relief is appreciated, but costs are still high

Earlier this week, President Trump made an executive order to temporarily allow tax-free dyed diesel to be used on highways and defer the federal diesel tax through the end of the year. While farm groups are welcoming any relief this move could provide, many say the...

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ARC and PLC payout highest ever

ARC and PLC payout highest ever

ARC and PLC will pay out record amounts to producers this year as the amounts were raised under last year’s Working Families Tax Cut Act. That is United States Senator Chuck Grassley (R-IA) referencing ARC and PLC, he says that the programs have been adjusted and now...