Current Situation for Iowa’s Major Ag Commodities

THERE IS a lot of uncertainty in agriculture right now, from the delayed onset of spring and the delayed planting that goes with it, to the ongoing trade disputes and trade agreement renegotiations, agricultural producers are adjusting production plans to deal with the uncertainty. Below is a quick summary of the current situation for Iowa’s major agricultural commodities, based on the latest reports and surveys from USDA. The majority of the information for the USDA reports was gathered before the latest rounds in the US-China trade dispute. However, the outlook highlights the importance of trade in agriculture and shows the avenues where trade will inβluence production and consumption decisions