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Exports: Corn up 90 percent from last week
According to the USDA’s latest U.S. Export Sales report, corn net sales of 219,900 MT for 2012-2013 were up 90 percent from last week but down 24 percent from the 4-week average.
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More rain to snarl U.S. corn plantings
Rainfall late this week into the weekend will further delay U.S. corn plantings that already have fallen to a record slow pace, an agricultural meteorologist said on Thursday.
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U.S. House farm bill moves ahead with big cut in food stamps
A Republican-controlled panel in the U.S. House of Representatives on Wednesday approved the biggest cuts in food stamps for the poor in a generation and a potentially expensive expansion of federally subsidized crop insurance.
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Buffet concerned about soil and starvation
U.S. and international farming operations concern Howard Buffett, founder of the Howard G. Buffett Foundation. A major focus of the foundation is helping subsistence, small-scale farmers in Africa, but that doesn’t mean Buffett ignores commenting on U.S. farming systems that should be improved.
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Block cheese falls another 2.5 cents on CME
The 20+ cent block/barrel spread from earlier this month has finally fallen to a level within proximity of the “normal” 3-5 cent range. In fact, with CME block cheese down 2.5 cents Wednesday to $1.7550 on four trades and barrels up ½ cent to $1.73 on 12 trades, the spread is only 2.5 cents
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Ag markets were generally stronger Thursday morning
There seemed to be little fresh news concerning corn Wednesday night, so it was not terribly surprising to see prices narrowly mixed Thursday morning.
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Golden Guernsey dairy plant sells to Lifeway Foods, Inc.
Lifeway Foods, Inc., purchased the Golden Guernsey dairy plant located in Waukesha, Wis., for $7.4 million in a bankruptcy auction.
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Ag markets suffered as the U.S. dollar rallied Wednesday.
Country markets for corn reportedly traded steady-firm Wednesday morning, which probably supported nearby CBOT futures.
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Commentary: Slanting the statistics
Calling cattle the No. 1 problem with global warming is a favorite tactic of NGOs with an openly anti-production ag agenda. But the numbers on CO2 emissions need to be put in perspective.
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Survey shows farm income, spending rose in first quarter
While first quarter 2013 farm income and capital spending were higher than expected across the Midwest and Mid-South than first quarter 2012, agricultural lenders remained cautious in their expectations for the year ahead amid risks posed by ongoing weakness in the U.S. economy and higher producer input costs, according to the latest Agricultural Finance Monitor published by the Federal Reserve Bank of St. Louis.
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April temperatures coldest in 16 years
The National Oceanic and Atmospheric Administration released its monthly “State of the Climate” report on Wednesday, showing that last month was the 23rd coolest April on record and also the 19th wettest.
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- 4 rules for growing a business or industry
- Corn planting pace turns from record slow to record fast
- Ag markets seemed to follow gold higher Monday afternoon
- Online systems keeps exporters abreast of market regulations
- April milk production up 0.3 percent
- New crop cottonseed market rallies in face of tight supplies
