Ag News

Class III milk futures at the Chicago Mercantile Exchange closed lower Friday while the block premium over barrels in the cash market climbed to the second largest on record. September milk closed unchanged at $16.11.  [Read More…]

A group of U.S. ag leaders met with Cuba’s new president at the United Nations this week. Mark Albertson with the Illinois Soybean Association was one of them. He says they talked with Cuban President [Read More…]

A USDA undersecretary says except for politics, the sticking points standing in the way of farm bill completion are small. Bill Northey says the farm bill is hung up primarily on partisan and regional differences, [Read More…]

Soybeans were lower on commercial and technical selling, with the most active contracts pulled to a weak week to week finish. Quarterly stocks were larger than expected with slow fourth quarter demand and an upward [Read More…]

Brownfield’s Tom Steever will be on the ground for the Missouri Dept of Agriculture Vietnam Forestry Buyers’ Mission on Wed. October 17 at Missouri Forest Products Association in Jefferson City, MO. Continue reading Missouri Dept [Read More…]

One of the lead farm bill negotiators is frustrated by the prospect of an extension. House Ag Committee Chairman Mike Conaway says differences remain on several issues. “It’s really frustrating because not one of (the [Read More…]

Investments in ag and food tech startups are on the rise and the Forbes Ag Tech Summit is highlighting opportunities in the Midwest. Beth Bechdol, the CEO and president of AgriNovus Indiana, says ag innovation [Read More…]

The USDA says 2018 U.S. wheat production was up 8% from 2017 at 1.885 billion bushels. Producers planted more wheat, harvested acreage was also higher, and the average yield improved to 47.6 bushels per acre, [Read More…]

A U.S. Senator who serves on the Senate Ag Committee is perplexed by how the Trump Administration is handling renewable fuels policy. Minnesota Democrat Tina Smith says she’s still getting to know EPA Acting Administrator [Read More…]

The USDA reports soybean, corn, and wheat stocks on September 1st were larger than what many analysts were expecting. Adjustments are probable in the coming months, but for now, the corn and soybean numbers are effectively [Read More…]

One of the big selling points for the Costco/Lincoln Premium Poultry chicken plant in Fremont, Nebraska was the opportunity it would provide for farmers—especially young farmers—to become contract growers for the operation. Colten Schafersman jumped [Read More…]

The agriculture industry is using technology and innovation to feed a growing population, but the leader of Forbes Media says there are barriers that need to be addressed. Steve Forbes, the chairman and editor in [Read More…]

Margins are tight. Pioneer’s TC Huffman says high quality yield data will come in handy as producers work to better manage soil fertility with hopes of improving yields. In this Managing for Profit, we’ll learn [Read More…]

Western states warmth will continue through much of the weekend. Early next week, however, the remnants of eastern Pacific Hurricane Rosa are expected to veer toward northwestern Mexico and the southwestern U.S., generating locally heavy [Read More…]

The designer of the new Dairy Revenue Protection insurance program says starting October 9th, dairy producers will have a very flexible new tool.  American Farm Bureau Economist John Newton says, “It allows a farmer to cover [Read More…]

The US pork industry has expanded to new record highs.  According to the latest report, the total US inventory was 75.5 million head, up 3 percent on the year. University of Missouri livestock market analyst [Read More…]

More ag groups are reacting positively to the Trump Administration’s announcement this week to enter into trade talks with Japan. National Corn Growers Association President Kevin Skunes says Japan is a top export market for [Read More…]

At the Chicago Mercantile Exchange, cattle futures closed lower ahead of widespread direct cash business.  Cash trade has been quiet, but bids are softer.  Wholesale beef values have also been lower.  October live cattle closed [Read More…]

Soybeans were modestly higher on short covering and technical buying. Weekly export sales were at the high end of estimates and quarterly stocks numbers are out Friday at Noon Eastern/11 Central. Stocks are expected to [Read More…]

The USDA confirms the continued expansion of the domestic hog industry. As of September 1st, the total U.S. inventory was 75.486 million head, up 3% on both the quarter and the year, close to what [Read More…]