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Set your strategy for 2016 Margin Protection Program

It is time to enroll in the Margin Protection Program (MPP) for 2016. The enrollment period for the 2016 MPP began on July 1, 2015 and will end on September 30, 2015. If you recall when you enrolled in MPP at the end of 2014, you signed up to participate in MPP until 2018 and need to pay a $100 administrative fee each year.

Markets

Effects of removing crude export restrictions depend on price and resource assumptions

The recent rise in domestic crude oil production from 5.4 million barrels per day (b/d) in 2009 to 8.7 million b/d in 2014 and the prospect of continued supply growth have sparked interest in the question of how a change in current policies, which restrict but do not ban exports of crude oil produced in the United States, might affect markets for both crude oil and petroleum products over the next decade.

Markets

August FMMO prices dip

Federal milk marketing order Class III & IV prices slipped a little in August, according to the monthly USDA Ag Marketing Service price announcement, released Sept. 2.

Markets

August FMMO prices dip

Federal milk marketing order Class III & IV prices slipped a little in August, according to the monthly USDA Ag Marketing Service price announcement, released Sept. 2.

News

K-State sets MPP-Dairy webinar for Sept. 3

Kansas State University will host a Margin Protection Program for Dairy (MPP-Dairy) webinar on Sept. 3. Presenters will include Dr. Gregg Hadley and Dr. Marin Bozic.

News

Create a Bunker Silo Safety List

With corn silage harvest already underway in parts of the country, New York’s OSHA Work Group offers the following Bunker Silo Safety List to ensure a safe harvest season:

News

What happens when food marketers require restrictive farming practices?

One response to emerging buyer interests in food products can actually reduce consumer choice and increase food costs. Our recent research shows that a common result may be that restaurant chains, food-service operators, or grocers offer only a limited number of food items produced using tightly specified processes instead of offering a selection of products with alternative bundles of characteristics.

News

Changing tastes churn up ice cream industry

Changing tastes and distribution challenges in emerging markets are opening up an ice cream industry long dominated by global food companies such as Unilever and Nestle.

News

Prices hit 2.5 month high on Tuesday's GDT

Global dairy prices rose to a 2-1/2-month high as tightening supplies in Tuesday's auction prompted more buying, lifting prices further away from a 12-1/2-year low hit last month. The benchmark GlobalDairy Trade (GDT) price index climbed 10.9 percent at fortnightly auctions held on Tuesday by New Zealand dairy exporter Fonterra, adding to its recovery from its weakest level seen since November 2002 hit in August. Prices have started to perk up since Fonterra, the world's largest dairy exporter, began reducing the amount of commodity dairy products it offers at the auctions from late last month, following a sharp drop in prices in the past year.

Markets

Gas prices plummet

The United States saw a huge average fall this week for retail gasoline prices, falling 13 cents to $2.41 this week, bringing the 27-day average price to $2.53. The Midwest region saw the largest fall this week of 19 cents to $2.43, while the Rocky Mountain region saw the smallest decrease of only five cents. The Gulf Coast still has the lowest gas prices in the country at $2.19.

Ohio's gas prices fell 30 cents this week to $2.35, while Minnesota dropped 22 cents to $2.42. The lowest gas prices are in Texas at $2.21.

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