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South American Weather and Crop Update (6-23-26)
Once again, the weather forecasts in South America are leaning more towards drier weather. Allendale commodity broker Greg McBride said both Brazil and Argentina should see a lack of rain. McBride said that, once the El Nino weather pattern kicks in more, South America could see even more dry weather. Right now, however, the dry weather won’t impact much directly, as both Brazil and Argentina are going through harvest. McBride said harvest in Brazil is still in the very early stages. McBride...
Top takeaways from June Cattle on Feed Report
The June Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. McConnell explains why there are more cattle in feedlots than a year ago at this time and says a big reason is a...
Costs going higher in 2027
USDA's latest Commodity Cost and Returns report shows production expenses are expected to climb for every major crop in 2026 as global energy and fertilizer market disruptions continue to ripple through agriculture. The report follows months of volatility tied to...
Year-round E15 legislation is still in trouble
There are more warning signs that year-round E15 legislation is in trouble. Michigan Democratic Senator Elissa Slotkin told USDA Secretary Rollins at a recent hearing that strong influence from interest groups is stalling year-round E15. According to Slotkin, there is...
Market effects of screwworm remain unclear
The discovery of New World Screwworm cases in Texas has prompted a series of restrictions on cattle movement, creating new questions about potential impacts on livestock markets. While animal health officials remain focused on containing the pest and preventing...
PFI hosts 2nd Annual Midwest Meat Summit
Practical Farmers of Iowa (PFI) hosted the 2nd Annual Midwest Meat Summit at the FFA Enrichment Center in Ankeny, Iowa, earlier this week. The two-day event brought together all members of the meat industry, including producers, processors, and distributors. Amos...
South American crops produced a quality growing season
Brazil’s second corn crop of the year is being harvested now. Dr. Michael Cordonnier of Soybean & Corn Advisor, Inc. says some areas of the country are experiencing more moisture than normal but widespread damage to corn crops has not been reported. Cordonnier...
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More Ag News
Bankruptcy filings signal ongoing farm financial stress
Farm bankruptcies across the country remain at levels not seen since the disruptions of the COVID era, and legal experts say that should concern producers and lenders alike. While the pace of filings this year is similar to last year, that does not mean the farm...
Grain markets anticipating two major USDA reports
This week will bring us two of the biggest USDA reports of the year- the June Quarterly Grain Stocks and Acreage reports. This gives us the first glance into what the 2026 crop should actually look like. Micheal Weidner, director of grain origination and producer...
Top takeaways from June Cattle on Feed Report
The June Cattle on Feed Report offers some of the latest trends from the cattle feedlots. USDA livestock analyst Michael McConnell provides some details. McConnell explains why there are more cattle in feedlots than a year ago at this time and says a big reason is a...
Costs going higher in 2027
USDA's latest Commodity Cost and Returns report shows production expenses are expected to climb for every major crop in 2026 as global energy and fertilizer market disruptions continue to ripple through agriculture. The report follows months of volatility tied to...
Year-round E15 legislation is still in trouble
There are more warning signs that year-round E15 legislation is in trouble. Michigan Democratic Senator Elissa Slotkin told USDA Secretary Rollins at a recent hearing that strong influence from interest groups is stalling year-round E15. According to Slotkin, there is...
