Beef and pork exports started of 2019 with a less than stellar performance and that’s not good news for US producers. In this Managing for Profit – a livestock economist takes a closer look at exports, how values are holding up, and what all of this potentially means to profitability as production is expected to …
Category: Ag News
Auto Added by WPeMatico
Apr 01
U.S.-China talks resume this week in Washington
The next round of trade talks between the U.S. and China will take place in Washington starting this Wednesday. Last week’s talks in Beijing were described as “constructive” by U.S. Treasury Secretary Steven Mnuchin, while Chinese officials touted “new progress” in the negotiations. Beijing’s official news agency reports that U.S. and Chinese negotiators are studying …
Apr 01
Purdue Ag Week kicks off today
It’s Purdue Ag week. As part of the weeklong celebration, Purdue University President Mitch Daniels will have a discussion with Ag Secretary Sonny Perdue tomorrow morning about issues facing the ag industry. A Hammer Down Hunger event will take place tomorrow afternoon. Students will pack 150,000 meals for families in need for the university’s 150th …
Apr 01
USDA Crop Progress Reports resume
The National Agriculture Statistics Service resumes its weekly Crop Progress Reports this week. Tom Steever spoke to Bob Garino, State Statistician, National Agricultural Statistics Service, who says data is collected weekly from Farm Service Agency county offices and state extension staff. Garino says relying on FSA and Extension personnel results in reliable tracking of the …
Mar 31
Nebraska farmer develops software solution for seed dealers and small agri-businesses
Shawn Sullivan farms near Wallace in southwest Nebraska. He also operates Sullivan Seeds, selling Dekalb and Asgrow seed, and equipment and technology products including Precision Planting, 360 Yield Center, Fieldview Drive and Patriot. Sullivan says he created the Agri-Dealer ordering/invoicing software because he found it frustrating and time-consuming entering orders into several different software programs …
Mar 29
Heartland precipitation aggravates ongoing flooding
Across the Corn Belt, cool weather across the upper Midwest is slowing the snowmelt rate, although moderate to major lowland flooding continues along several rivers. Meanwhile, rain is falling across portions of the southern Corn Belt. Producers in the western Corn Belt are monitoring the progress of an approaching storm system with regard to flood-recovery …
Mar 29
MU Extension fans out to help with flood issues
The University of Missouri Extension is working with the state and county governments to help with flood relief, which is focused right now in northwest Missouri, “To make sure that we are providing the resources. People need to know who to go to to talk to; how do we get people relocated. We have people …
Mar 29
Parson allows DNR waivers, seeks ag damages
Missouri Governor Mike Parson has issued an executive order allowing the Natural Resources Department director to waive or suspend certain rules and regulations to help with response to the flooding emergency and recovery period. The governor also sent a letter to the Missouri Farm Service Agency asking for its assistance in conducting agriculture damage assessments …
Mar 29
Closing Grain and Livestock Futures: March 29, 2019
May corn closed at $3.56 and 1/2, down 17 and 1/2 cents May soybeans closed at $8.84 and 1/4, down 5 and 1/4 cents May soybean meal closed at $306.50, unchanged May soybean oil closed at 28.36, down 27 points May wheat closed at $4.57 and 3/4, down 6 and 3/4 cents Apr. live cattle …
Mar 29
Corn drops following USDA reports
Soybeans were lower on fund and technical selling. The USDA says there was a record number of soybeans on March 1st because of the trade tensions with China. China did buy 816,000 tons of 2018/19 U.S. soybeans, but that’s a relatively small purchase given expectations. Trade talks between the U.S. and China are expected to …