Steve Nedved
Author's posts
May 24
Lawmakers reach agreement on disaster package
Congressional lawmakers have reached agreement on a 19-billion dollar disaster package. The bill passed the Senate Friday afternoon and is headed to the House. It delivers aid to Midwestern states deluged with springtime floods, among others. It also includes payments to farmers whose stored corn and soybeans were damaged by this spring’s flooding. House approval …
May 23
Trump comments on MFP-2 trade aid
President Trump says he is standing by America’s farmers. He was joined by farm organization leaders, state agriculture secretaries, and Secretary Sonny Perdue as he told reporters China has targeted farmers in the trade dispute, and another round of trade aid is necessary. “To end these chronic trading abuses, my administration took necessary and very …
May 23
Universal Orlando’s Harry Potter ride to feature a free-fall vertical drop
Hagrid’s Magical Creatures Motorbike Adventure, opening at Universal Orlando on June 13. (Credit: Universal Orlando)(ORLANDO, Fla.) — The most anticipated roller coaster of the summer is being billed as a “story coaster.” Hagrid’s Magical Creatures Motorbike Adventure, opening at Universal Orlando on June 13, takes guests into one of the “most mysterious places in the …
May 23
Ag groups pleased with support for farmers impacted by trade disputes
Many ag groups say they are pleased there will be another round of support for farmers impacted by trade disruptions, but more must be done. National Association of Wheat Growers CEO Chandler Goule was at the White House today for the announcement. “The president was very clear in his opening statement that he supports …
May 23
Study: improvements needed in U.S. rural transportation system
America’s rural transportation system needs repairs in order to support economic growth, according to a new study by TRIP, a national transportation research organization. Carolyn Kelly is associate director of research and communications with TRIP. “That transportation system is the primary mover of the nation’s energy and food and fiber and the condition of the …
May 23
Minnesota Soybean reacts to USDA trade aid announcement
The Minnesota Soybean Growers is thanking the Trump Administration for crafting another round of trade aid, but CEO Joe Smentek says the Association is frustrated another bailout is necessary. “We were really looking forward to a deal with China being done. We were told a couple months ago to (give the Administration) a month, then …
May 23
Gas prices dropping as Americans head into Memorial Day weekend
jaboo2foto/iStock(NEW YORK) — There’s good news for some Americans hitting the road to catch rays at the beach and fire up the grill with distant family and friends this Memorial Day weekend. Get pumped! Gas prices are dropping, according to AAA. “For the 37.6 million motorists hitting the road for Memorial Day, they can expect …
May 23
Illinois judge orders records in ‘Empire’ actor Jussie Smollett criminal case be unsealed
simpson33/iStock(CHICAGO) — An Illinois judge has cleared the way for records sealed in the “hoax attack” criminal case of “Empire” cast member Jussie Smollett be made public, ruling Thursday that the actor has not displayed the “actions of a person seeking to maintain his privacy.” Cook County Circuit Court Judge Steven G. Watkins ordered that …
May 23
Analyst: China woes continue, global dairy demand slows
A dairy market economist says China’s latest increase to retaliatory tariffs on U.S. dairy products should have a marginal impact. Nate Donnay with INTL-FCStone tells Brownfield additional tariffs have been placed on lactose, infant formula, and casein. “With our exports of those products already down from year-ago levels and the relatively small increase on the …
May 23
Grains, oilseeds finish in the red
Soybeans were lower on profit taking and technical selling. The trade expects at least some corn and spring wheat acres will be switched to beans because of continued planting delays. China did buy U.S. beans last week, but the next step in negotiations is unclear. New rhetoric from China Thursday heightened tensions, but the U.S. …
