Jul. corn closed at $4.54 and 3/4, up 1 and 3/4 cents Jul. soybeans closed at $9.12 and 3/4, up 16 cents Jul. soybean meal closed at $324.30, up 80 cents Jul. soybean oil closed at 28.14, up 53 points Jul. wheat closed at $5.30 and 1/2, up 1 cent Jun. live cattle closed at …
Category: Ag News
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Jun 17
Nebraska’s corn rates 77% G-E
The latest crop progress report for Nebraska rates the state’s corn crop at 77 percent good to excellent. And the first condition rating for soybeans in Nebraska is 75 percent good to excellent. Soybean emergence was still well behind normal, at 73 percent. Sorghum planting stood at 80 percent, compared to 94 percent normal. Winter …
Jun 17
Slight improvement in Iowa’s corn rating
The condition rating of Iowa’s corn crop improved slightly this week, but remains relatively low at 59 percent good to excellent. As of Sunday, 88 percent of the corn crop had emerged, over two weeks behind normal. Soybean planting in Iowa stood at 89 percent with emergence at 63 percent. Both numbers are two weeks …
Jun 17
68% of Ohio corn, 46% of soybeans planted
A southern Ohio farmer says he was able to finish planting after a dry window last week. Greg Corcoran says he ended up switching some acres of soybeans to corn. “We actually switched over a few fields to corn to maybe take advantage of some markets later with the lack of corn planting …
Jun 17
84% of Indiana corn, 64% of soybeans planted
Hoosier farmers were able to make planting progress during a brief dry window midweek, but heavy rains at the beginning and end of the week kept soil moisture levels high. According to the USDA, 84 percent of corn and 64 percent of soybeans in Indiana are planted. Winter wheat conditions remained mostly unchanged and harvest …
Jun 17
New DMC should benefit dairy farmers
A dairy farmer says he hopes producers see value in the new Dairy Margin Coverage program. “It actually is going to be a help to the dairy industry and give producers at least a catastrophic level of support.” Ken Nobis, who farms in Mid-Michigan, tells Brownfield he wishes the changes to the program would have …
Jun 17
USDA: export inspections lower for the week
The USDA says that as of the week ending June 13th, 2019, the pace of soybean, corn, wheat, and sorghum were weak. The 2019/20 marketing year for wheat runs through the end of May, while 2018/19 runs through the end of August for beans, corn, and sorghum. Wheat came out at 375,365 tons, down 59,414 …
Jun 17
Planting and crop concerns push market higher
Corn and soybean markets are higher today in response to heavy rains that fell across parts of the eastern Corn Belt over the weekend and forecasts for more. Don Roose with Des Moines-based U.S. Commodities says the weekend rains probably put an end to corn planting in many areas, except for replant. “That led to an emotional …
Jun 17
China non-tariff trade barriers remain an obstacle for U.S. beef
U.S. beef producers continue to call on China to lift its non-tariff trade barriers. Ashley Kohls with the Minnesota State Cattlemen’s Association says a very small amount of American beef currently qualifies for the Chinese market. “They want traceability as a requirement to get in there. But also, when it comes to science and technology …
Jun 17
Ohio FSA requests disaster declarations
Ohio FSA is asking Ag Secretary Sonny Perdue to make disaster declarations for Fulton, Henry, and Lucas counties. Ohio FSA made the request after meeting with farmers and collecting crop data and planting history, and taking photos of unplanted fields. Last week’s crop progress report for Ohio showed only half of the state’s corn crop …
