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U.S. Export Sales Report (4-25-24)
We saw a little bit of rebound for corn in this week’s Export Sales Report. Greg McBride of Allendale tells us what the numbers mean, and how soybeans still are underperforming. However, he still calls this a neutral report. Mexico accounted for most of our sales, but no flash sales were announced this week. McBride adds that USDA shouldn’t have to change corn numbers for the upcoming WASDE report, but the story isn’t the same for soybeans. The team at Allendale can be reached by calling...
Farmers oppose sale of Iowa fertilizer plant
The University of Illinois Farm Policy News says Iowa farmers told officials that they should block the sale of the Iowa Fertilizer Company to Koch Industries. The sale is worth 3.6 billion dollars. Farmers attending the Iowa Farmers Union’s listening session told...
Secretary Naig recaps legislative session for agriculture
Now that the state legislature has wrapped up their session, it’s time to look back at a few things that were of concern to agriculture. Iowa Agriculture Secretary Mike Naig had a few policies he was most concerned about, and those were foreign land ownership and Meat...
Recent rains are quenching one of Iowa’s longest droughts
Over the past few months, the weather has largely been characterized by warmer-than-normal temperatures. Since the ground didn’t freeze as hard, that means the recent storms have been able to get moisture deeper into the soil. Iowa State Climatologist Dr. Justin...
Despite HPAI outbreak, U.S. milk is still safe to drink
The last couple of years have seen outbreaks of Highly Pathogenic Avian Influenza in the spring and fall as temperatures change. However, this year has seen an unusual outbreak of the virus among dairy cattle. Bernt Nelson, an economist with the American Farm Bureau...
Field demonstrations will return to 2024 Farm Progress Show
The 2024 Farm Progress Show will be held in Boone August 27th-29th. It will be the first time the show has been held in Iowa since 2022 with the 2023 show taking place in Decatur Illinois. Last week a meeting was held for exhibitors and vendors at the show site in...
Secretary Naig announces investments in 14 urban water quality projects
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship will invest in 14 urban water quality projects within communities of all sizes across the state. Secretary Naig made the announcement with city leaders...
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South American Weather and Crop Update (4-24-24)
Variable amounts of rain can be seen across South America currently. This is good news for Argentina, as they have been worried about getting too much rain. Allendale commodity broker Greg McBride gave an update on the latest weather conditions. McBride said harvest...
USTR Tai insists efforts underway to ease Brazil ethanol tariffs
U.S. Trade Representative Katherine Tai insists that U.S. efforts to get Brazil to ease its protectionist tariffs on American ethanol are being taken seriously. However, United States congress members have pushed back pointing out that Brazil increased its duties on...
Farmers oppose sale of Iowa fertilizer plant
The University of Illinois Farm Policy News says Iowa farmers told officials that they should block the sale of the Iowa Fertilizer Company to Koch Industries. The sale is worth 3.6 billion dollars. Farmers attending the Iowa Farmers Union’s listening session told...
Secretary Naig recaps legislative session for agriculture
Now that the state legislature has wrapped up their session, it’s time to look back at a few things that were of concern to agriculture. Iowa Agriculture Secretary Mike Naig had a few policies he was most concerned about, and those were foreign land ownership and Meat...
Recent rains are quenching one of Iowa’s longest droughts
Over the past few months, the weather has largely been characterized by warmer-than-normal temperatures. Since the ground didn’t freeze as hard, that means the recent storms have been able to get moisture deeper into the soil. Iowa State Climatologist Dr. Justin...