News
Exports: Corn sales plummet 65 percent
According to the USDA’s latest U.S. Export Sales report, corn net sales of 115,800 MT for 2012-2013 were down 65 percent from last week and 62 percent from the 4-week average.
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The price of eggs in China, and other important facts for ag
In addition to a myriad of foreign trade exchanges annually, educational exchanges, and a majority of Wal-Mart merchandise, China’s food consumption is rooted in US exports. And it would not hurt most farmers to know how eggs are priced in China
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U.S. corn plantings to gain traction at weekend
Drier weather in the U.S. Midwest this weekend and early next week will lead to a sharp boost in corn planting, which has fallen to the slowest pace in nearly three decades, an agricultural meteorologist said on Thursday.
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Economist explores wealth effect in U.S. agriculture
Since 2009, wealth in the U.S. farm sector has surged along with booming farmland values. In the latest issue of the Main Street Economist, Omaha Branch Executive Jason Henderson and Nathan Kauffman, economist, explore the historical wealth effect in agriculture and what it could mean for farm debt and leverage if farm incomes fall dramatically.
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Weather report: Storms drench the Plains
In the West, snow is falling in parts of the central Rockies, while a few rain showers dot the Intermountain region. On the Plains, recent and ongoing thunderstorms have produced localized wind and hail damage in Kansas, Oklahoma, northern Texas, and southeastern Colorado. In the Corn Belt, cool weather is returning to the upper Midwest, while rain showers stretch from the Missouri to Lake Superior. In the South, showers and locally severe thunderstorms are overspreading parts of Arkansas and Missouri.
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Ag markets decidedly mixed Wednesday afternoon
The financial market situation seems quite supportive of the commodity outlook at this point, since equities are rising from record highs and the dollar is quite weak today.
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NASA study projects warming-driven changes in global rainfall
A NASA-led modeling study provides new evidence that global warming may increase the risk for extreme rainfall and drought.
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Assembly panel considers bill on milk pricing
A bill that would have established a formula for determining the whey value in the California milk pricing system to bring prices closer to those paid under the federal milk marketing order has been amended, to allow California dairy farmers and processors to work on an agreement.
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Dairy groups request Dairy Security Act in farm bill
More than 50 state and national dairy organizations, including the National Milk Producers Federation (NMPF), sent a joint letter today to members of the House Agriculture Committee, urging that panel to include the Dairy Security Act (DSA) in upcoming Farm Bill.
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Dairy steals the spotlight in Al Roker broadcast
Celebrity meteorologist Al Roker may have visited a Tennessee dairy for a live broadcast, but between milking and feeding hungry calves, weather was overshadowed by life on a dairy farm.
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Ag markets mixed again around midsession Wednesday
The financial market situation seems quite supportive of the commodity outlook at this point, since equities are rising from record highs and the dollar is quite weak today.
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