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South American Weather and Crop Update (5-6-26)
Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a good pace in Argentina. McBride said they are making good progress on harvest in Brazil as well. That dry weather could cause ending stocks in Brazil to get lowered a little bit, which can turn around and be a benefit for the markets...
House farm bill amendment blocks foreign adversaries from buying U.S. farmland
Foreign adversaries are barred from buying U.S. farmland under an amendment added to the House farm bill which recently passed in the House by voice vote. The bill was introduced by Florida Republican Greg Steube. Much of the land referred to by Steube is located near...
DOJ confirms probe into beef processors
The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...
Ernst builds on USDA food safety center announcement
Following up on last week’s announcement from the U.S. Department of Agriculture about establishing a National Food Safety Center in Iowa, more details are emerging about what that move means for the state and the broader ag industry. The USDA’s Food Safety and...
Inspiring consumers to add more pork to their diets
The National Pork Board’s Retail Advisory Committee (RAC) meeting serves as a direct, industry-focused platform to connect retail leaders with key insights into the organization’s consumer campaigns and third-party consumer research. Neal Hull, NPB’s director of state...
U.S. beef has great new opportunities in the UK marketplace
U.S. beef recently regained duty-free access to the United Kingdom under a 13,000 metric ton quota included in the trade framework reached by the Trump administration last year. The quota provides the first zero-duty access to the UK since its exit from the European...
Examining the factors currently influencing the grain markets
Geopolitics, trade, and weather are all making an impact on the grain markets in recent weeks and that trend looks to continue as the calendar turns to May. Commodity broker Greg McBride of Allendale says that the upcoming meeting between President Trump and Xi...
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Encouraging Iowa consumers to buy more food locally
Every year, Iowans spend approximately $12.6 billion on food. Unfortunately, much of that money does not stay within the state. In order to bring some of this spending back to Iowa, the Iowa Food System Coalition has launched the Iowa Local Food Challenge. By inviting...
Farm industry is navigating challenging times
There’s no doubt it’s been a rough go for the U.S. agricultural sector in recent years. Rob Larew, the president of the National Farmers Union, said the passage of the farm bill out of the House provides a bit of hope. Larew said it was disappointing to see year-round...
House farm bill amendment blocks foreign adversaries from buying U.S. farmland
Foreign adversaries are barred from buying U.S. farmland under an amendment added to the House farm bill which recently passed in the House by voice vote. The bill was introduced by Florida Republican Greg Steube. Much of the land referred to by Steube is located near...
DOJ confirms probe into beef processors
The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...
Ernst builds on USDA food safety center announcement
Following up on last week’s announcement from the U.S. Department of Agriculture about establishing a National Food Safety Center in Iowa, more details are emerging about what that move means for the state and the broader ag industry. The USDA’s Food Safety and...
