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Ag markets were generally flat Thursday morning
The looming release of significant reports apparently limited futures price movements Wednesday night. The weekly USDA Export Sales reports will come out later this morning and will be followed tomorrow morning by the USDA WASDE and Crop Production reports.
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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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USDA researches environmentally friendly farming
A USDA researcher is studying the feasibility of using cheaper alternatives to commercial fertilizers and how much farmers can use in an environmentally friendly way.
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Questions that will be the focus of the upcoming farm bill debate
Farm Bill markup likely will begin soon in both the Senate and House Agricultural committees.
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