U.S. Soybean Exports Growing in Markets other than China in 2018/19

Iowa is the number two soybean producer in the country after Illinois. In 2018/19 Iowa produced 565 million bushels of soybeans, which was about 12.4 percent of U.S. soybean production (4.544 billion bushels). U.S. soybean production is mainly destined for crush plants in the domestic market or for exports.

Quick Look at U.S. Monthly Biodiesel Production

In this short article, we look at pure biodiesel production for 2019. Pure or traditional biodiesel is known as Fatty Acid Methyl Ester (FAME). Renewable diesel (also known as Hydrotreated Vegetable Oil or HVO) and FAME often are confused.

China’s Soybean Import Outlook in 2018/19 and 2019/20

Until this marketing year, China had been the main foreign market for U.S. soybeans. However, Brazil has taken the lead as China's main soybean trading partner. The United States percent share of China's total imports increased from 22.1 percent in 2012/13 marketing year (MY) to 36.8 percent in 2016/17, however the share declined to 28.7 percent in 2017/18.

Full Prevented Planting and Late Period Planting Return Comparison Tool

The wet spring of 2019 with rains and flooding has kept many fields unplanted across Iowa. With the final planting dates in the state of May 31 for corn for grain and June 15 for soybeans, the provisions of the Prevented and Late Planting aspects of crop insurance are important considerations for farmers faced with these decisions.

Telling Agriculture’s Story

Almost every day you will hear or read information that indicates a significant segment of our population does not understand or appreciate the contribution of agriculture in their lives. How many jobs does agriculture support?

U.S. Biodiesel Production and Feedstocks Usage Five Year Outlook

The US Energy Information Administration (EIA) published Monthly Biodiesel Production Report on June 28th. In this article, we will conduct a descriptive analysis of pure biodiesel (B100) production and its feedstocks usage back to 2014. EIA reported 152 million gallons pure biodiesel was produced in this April, which was 11 million gallons more compared with March 2019, and 9 million gallons more compared with April 2018.

USDA’s July Forecasts Show Lower 2019/20 Soybean Production, Exports, and Ending Stocks

In the latest USDA's WASDE report posted July 11, 2019, the 2019/20 soybean production forecast was down 305 million bushels to 3.845 billion bushels month-over-month (Figure 1). This forecast reflected lower planted and harvested area indicated in the June 28, 2019 Acreage report and lower expected yields. Soybean planted acres for 2019 was estimated at 80.0 million acres, down 4.6 million acres from last month. This would be the lowest acreage since 2013; however, this estimate might change.

What happened to Iowa Ethanol Gross Production Margin in 2019 so far?

“Planting progress has been slowed by relatively frequent and relatively heavy rains throughout April and May.”, said DIS chief economist, David Miller, on May 24, 2019. (Blog is originally posted here) These abnormal weather events affected a number of rivers with flooding in the Midwest area, which led to delays in the corn planting process.