Markets
Crop markets fell in reaction to the Friday USDA reports
Corn futures declined significantly prior to the midday release of the USDA WASDE and Crop Production reports, which probably reflected early U.S. dollar gains.
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Little change expected in milk prices
Only minimal shifts were reported in milk price estimates for 2013 in the USDA’s latest "World Agricultural Supply and Demand Estimates" report.
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Dairy Focus: Right feed bunk design can reduce shrinkage
Reducing feed loss can save money and improve dairy efficiency.
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Ag market reactions to USDA reports generally bearish
Corn futures declined significantly prior to the midday release of the USDA WASDE and Crop Production reports, which probably reflected early U.S. dollar gains.
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WASDE: Corn yield adjusted lower
U.S. feed grain supplies for 2013/14 are projected at a record 400.5 million tons, up 25 percent from 2012/13 with higher area and yields expected for corn, sorghum, and oats.
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Prices for corn and soybeans, five years from now
Although challenges to planting the 2013 crop may provide some degree of support to corn and soybean prices, they have quickly faded from the 2012 highs and are threatening to diminish further from the highs that began in 2007.
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Brent falls below $103, rising supply weighs
Brent crude oil tumbled below $103 a barrel on Friday as rising supplies and doubts over China's economy outweighed stronger signs of a U.S. recovery.
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Ag markets rally ahead of the Friday AM USDA reports
The weekly USDA Export Sales report seemed rather bearish for corn futures, since both the new and old crop totals came in modestly below forecast ranges.
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Brent oil closes higher after late gains
Brent crude edged up in volatilite trade on Thursday, and U.S. crude settled slightly down, as investors weighed Middle East tensions against weak demand and high inventories.
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Ag markets moved generally higher Thursday morning
The weekly USDA Export Sales report seemed rather bearish for corn futures, since both the new and old crop totals came in modestly below forecast ranges.
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Ag immigration provisions likely to avoid controversy
Agriculture provisions of comprehensive immigration legislation should come through upcoming Senate hearings intact, industry leaders say.
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