Ag News
Expanding drought conditions impacting cattle herd
Ongoing drought conditions in some of the country’s largest cattle producing areas are forcing some producers to sell off cattle early. Texas A&M livestock economist David Anderson says in the short term it all comes [Read More…]
Lean hogs higher on speculative trade talks
At the Chicago Mercantile Exchange, live cattle futures closed slightly higher on spillover support from the hog markets. Feeder cattle were higher on support from the latest export sales data. August live cattle were unchanged [Read More…]
Soybeans supported by expected meeting with China
Soybeans were sharply higher on commercial and technical buying. The big source of support was the probability of the resumption of trade talks with China, possibly as soon as next week. The talks are expected [Read More…]
Closing Grain and Livestock Futures: August 16, 2018
Sep. corn closed at $3.65 and 1/4, up 3 and 3/4 cents Sep. soybeans closed at $8.85 and 1/2, up 28 cents Sep. soybean meal closed at $334.60, up $5.10 Sep. soybean oil closed at 28.15, up 27 points Sep. wheat closed at [Read More…]
Minnesota farmers reminded of chlorpyrifos BMP’s
Minnesota farmers using a common insecticide to treat soybean aphids are being reminded of important Best Management Practices. University of Minnesota Extension entomologist Bob Koch calls chlorpyrifos an important tool for controlling aphids. But, he [Read More…]
AT&T delivers $25,000 check to Minnesota FFA Foundation
The Minnesota FFA Foundation received a $25,000-dollar contribution from AT&T to support youth ag career exploration programs. AT&T state president Paul Weirtz presented the check during Farmfest. “AT&T is committed to providing tools and resources [Read More…]
CME milk futures down, cash dairy & international markets mixed
Milk futures were down again and cash dairy prices were mixed at the Chicago Mercantile Exchange Thursday. August Class Three milk was down $.01 at $14.99. September was down $.13 to $15.89. October was [Read More…]
USDA FSA declares number of Iowa, Missouri counties eligible for drought relief
The USDA’s Farm Service Agency has declared 25 counties in Missouri and Davis County, Iowa primary disaster areas because of an ongoing drought. Most neighboring counties in Iowa, Missouri, and Kansas are also eligible to [Read More…]
Beef, wheat sales up sharply on week
The USDA reports wheat export sales for the week ending August 9th hit a new marketing year high. The 2018/19 marketing year for wheat got underway June 1st, while 2017/18 continues through the end of [Read More…]
Missouri Governor Parson relates to drought concerns
Missouri’s Governor and Ag Director say they’re doing everything they can to help producers in the drought. More Missouri counties are now in exceptional drought – and the need for relief keeps growing. Governor Mike [Read More…]
Tough year for sugarbeets in west-central Minnesota
A sugarbeet farmer in west-central Minnesota says this has been a tough growing season. Kyle Peterson of Murdock tells Brownfield planting was delayed by cold and wet conditions. “And we’ve had excessive rain (since). Guys [Read More…]
Second case of African Swine Fever found in China
A second case of African Swine Fever (AFS) has been found in China. Dr. Paul Sundberg with the Swine Health Information Center (SHIC) says the latest incident in a slaughterhouse approximately 1,400 miles from the [Read More…]
U.S., China trade talks to resume later this month
Director of the National Economic Council and Presidential advisor Larry Kudlow told CNBC Thursday morning trade negotiations between the United States and China will resume later this month. China’s Commerce Ministry says a delegation will [Read More…]
Monsanto to begin integration into Bayer
The integration of Monsanto into the Bayer group can now begin. One of the requirements from the US Department of Justice was that the two companies remain separate until the completion of a divestment by [Read More…]
Drought forcing more cattle to market earlier
Drought conditions in some of the country’s largest cattle producing areas are on the rise. Texas A&M livestock economist David Anderson says he wasn’t expecting to have to talk about drought conditions this severe so [Read More…]
Cow/calf producers face increased downside risk
A livestock economist says there is a lot of downside risk right now for cow/calf producers. University of Missouri’s Scott Brown says hay prices are on the rise and cow/calf producers, who are traditionally more [Read More…]
‘Labor pains’ could impact livestock prices
Low unemployment rates, new facilities coming online and a shrinking pool of available labor could cause a bottleneck in the meat processing industry, according to RaboResearch animal protein analyst Christine McCracken. For livestock producers, she [Read More…]
More details on trade relief package coming soon
USDA Trade Under Secretary Ted McKinney says farmers can expect more details on the $12 billion trade relief package by the end of the month. He tells Brownfield farmers will need to sign up for [Read More…]
Disagreements remain on SNAP work requirements
Two of the Illinois congressional delegation serving on the Farm Bill Conference Committee maintain differing views on the nutrition title of that legislation. Republican Rodney Davis supports the food stamp work and job training requirements [Read More…]
Fordyce: Droughts are awful things
The head of the Farm Service Agency says much of the Corn Belt looks good, and he’s looking for options in those areas that are not getting rain. In the last two weeks, Richard Fordyce [Read More…]