03/11/2010 08:26AM
Beef exports up 171%; Wheat up 302%. Corn down 56%; Soybean Oil down 159%.
03/11/2010 08:24AM
Market analysts and brokers Thursday said cattle feeders in the Plains
were a bit shell-shocked but were holding to official asking prices of
$94 to $95 per hundredweight on a live basis.
03/11/2010 08:11AM
A large, complex storm system currently centered over the western Corn
Belt will drift slowly east, producing locally heavy showers and
thunderstorms in the Midwest and Southeast, while rain and wet snow
linger on the back side of the storm across the central Plains and
western Corn Belt.
03/11/2010 07:52AM
After a pretty sluggish February, beef exports up 92% over 4-week average.
03/10/2010 03:29PM
At the recent annual meeting of the Renewable Fuels Association, three legislative priorities were outlined for 2010.
03/10/2010 03:12PM
Corn production is lowered 20 million bushels based on updated estimates of yields for Illinois and Minnesota, and harvested area for Michigan.
03/10/2010 03:02PM
According to Sen. Mike Johanns, R-Neb., the Japanese should learn a lesson from how America has treated Japan fairly after reports of faulty Toyota vehicles and parts and should lift the ban on "safe U.S. beef and beef product" in response.
03/10/2010 02:59PM
Nervousness about how this week's cash cattle prices would play out
scuttled Chicago Mercantile Exchange live cattle contracts Wednesday.
03/10/2010 02:58PM
A bearish government report and additional pressure from wheat futures sent Chicago Board of Trade corn lower Wednesday.
03/10/2010 02:53PM
Natural gas futures ended slightly higher Wednesday as a burst of
late-session bargain buying lifted futures despite unseasonably mild
weather in the eastern and central U.S.
03/10/2010 02:32PM
Pressure from plentiful ending stocks and disappointing demand drove U.S. wheat futures to five-month lows Wednesday.
03/10/2010 02:30PM
Crude futures ended at an eight-week high Wednesday, boosted by data showing tightening U.S. fuel supplies and rising demand.
03/10/2010 02:07PM
"Leading a world-class food industry - Responsible. Sustainable. Professional. Profitable." This is the new vision for the National Pork Board that was introduced to Pork Act Delegates at the National Pork Industry Forum March 4-6 in Kansas City, Mo.
03/10/2010 01:56PM
"Agriculture is a business. Farming without a financial motive is gardening."
On a daily basis, it seems, Americans are given another reason to be fearful of their food. Media outlets - print, broadcast and online - constantly produce stories about the hidden dangers of the modern food system.
03/10/2010 01:16PM
Energy is used throughout the U.S. food supply chain, from the manufacture and application of agricultural inputs, such as fertilizers and irrigation, through crop and livestock production, processing, and packaging; distribution services, such as shipping and cold storage; the running of refrigeration, preparation, and disposal equipment in food retailing and foodservice establishments; and in home kitchens.
03/10/2010 01:14PM
“‘American exceptionalism’ is the notion that the United States occupies a special niche in the world in terms of its political, economic and historic development. Consistent with this notion is the unparalleled productivity and efficiency of America's food and agricultural system, as evidenced by the enviable bounty of our nation's Corn Belt,” says AMI President and CEO J. Patrick Boyle in a guest editorial in today’s The Des Moines Register.
03/10/2010 01:03PM
The Department of Justice and the U.S. Department of Agriculture (USDA) announced today an updated schedule and panelists for the first joint public workshop, which will be held on March 12, 2010, in Ankeny, Iowa, to explore competition and regulatory issues in the agriculture industry. The workshop will be held at the FFA Enrichment Center at Des Moines Area Community College (DMACC).
03/10/2010 12:53PM
The nation’s beef and pork producers will see a twin boost to their bottom lines this year: higher cattle and pig prices coupled with cheaper corn.
That’s the message from a report today from the U.S. Department of Agriculture, analysts say. The USDA hiked cattle and hog price forecasts, citing tighter meat supplies that partly stem from harsh winter weather that hampered animals’ weight gain.
03/10/2010 12:43PM
The Energy Information Administration’s Short Term Energy Outlook
(Outlook) published yesterday shows contrasting consumption patterns
for motor gasoline and distillate fuel oil, both historical and
projected.
03/10/2010 12:35PM
The U.S. average price for regular gasoline increased for the third
consecutive week, moving up a nickel to $2.75 per gallon. The price was
$0.81 above the average last year at this time.
03/10/2010 10:55AM
Moisture content, temperature and quality will affect stored grain.
03/10/2010 10:40AM
Pork production is lowered as slaughter in the first and second quarters are reduced and weights during the first quarter have been lighter than expected.
03/10/2010 10:08AM
An Amish livestock farmer who refused to follow a 2005 Wisconsin law requiring him to register his land and livestock has won a legal battle with state regulators.
03/10/2010 09:25AM
When it was time to snap the shutter on the camera and take a farm
family picture, your corn was not smiling last year. In fact it may
have been frowning when 1,500 aerial photos were taken of Midwestern
cornfields to help evaluate if they were starved for nitrogen. Were
they?
03/10/2010 09:21AM
U.S. Senator Pat Roberts, a senior member of the Senate Agriculture Committee, discussed budget cuts, Environmental Protection Agency (EPA) regulations and the value of production agriculture at the annual Kansas Farm Bureau Delegation Dinner in Washington:
“Total U.S. national debt is at $14 trillion,” Roberts said. “You’re fed up with it, I’m fed up with it, and the vast majority of taxpayers are fed up with it.
03/10/2010 09:06AM
Corn Breeding Facility To Focus on New Beneficial Products For Southern Farmers
03/10/2010 09:00AM
Cattle and pig prices this year will be higher than previously forecast as meat supplies tighten, partly because harsh winter weather hampered animals’ weight gain, the U.S. Department of Agriculture said in a report today.
03/10/2010 08:51AM
Unstable market fundamentals and possibly more selling from Chicago
Mercantile Exchange hogs' setback Tuesday could lean on some contracts
Wednesday.
03/10/2010 08:49AM
Chicago Board of Trade corn futures are expected to open lower
Wednesday after the U.S. Department of Agriculture issued bearish
supply and demand estimates.
03/10/2010 08:47AM
Crude futures were nearly unchanged Wednesday, avoiding adding to the
previous day's losses due to strength in the gasoline market.
03/10/2010 08:45AM
U.S. wheat futures were poised to fall at the start of Wednesday's day
session after government crop data confirmed supplies are large and as
traders waited for the results of an Egyptian tender.
03/10/2010 08:41AM
We saw Nebraska bids today at $143. That price on a Tuesday, would
imply they are ready to buy cattle steady at last week’s $144 or maybe
even $145. Another positive thing to note here is wholesale beef posted
a moderate gain.
03/10/2010 08:41AM
Safeway Inc. /quotes/comstock/13*!swy/quotes/nls/swy (SWY 24.57, +0.03, +0.12%) and its exclusive Lucerne(R) brand of dairy products today announced the names of 30 students selected as finalists to compete for a $30,000 grand prize in the Lucerne(R) The Art of Dairy(TM) "Taste of Moo-sic(TM)" Art Contest.
03/10/2010 08:35AM
Market analysts and brokers Wednesday said they expected the first
trades of the week to take place Thursday in eastern Nebraska where it
is thought the incentive to sell is slightly higher than in other parts
of the Plains.
03/10/2010 08:26AM
Natural gas futures slipped Wednesday as warm-weather forecasts and robust supplies continued to pressure the market lower.
03/10/2010 08:21AM
China will step up food safety efforts in the wake of a massive dairy scandal, expanding supervision to reach more of the country's countless small farms, an agriculture official said Wednesday.
03/10/2010 08:19AM
Feeder cattle futures saw some profit taking and fresh hedge selling on
Tuesday, with deferred contract seeing the most pressure. The drop in
price in spite of weakness in corn futures coincides with some
developing weakness in cash feeder prices.
03/10/2010 08:12AM
A series of storm systems will affect much of the U.S. through week’s
end. Relatively tranquil conditions will return by early next week.
During the next 5 days, however, additional rainfall could total 2 to 4
inches in the Southeastern and Mid-Atlantic States and 1 to 2 inches in
the Midwest.
03/10/2010 08:07AM
The market ran buy stops shortly after the open and then continued to work its way up into the mid $94.00 area before settling down. The market will most likely try and push up to the upper momentum collar today at $94.62.
03/10/2010 07:40AM
Total U.S. meat production for 2010 is reduced as lower pork and turkey production more than offset higher broiler production. Beef production is little changed as higher first-quarter steer and heifer slaughter is offset by lower carcass weights.