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Neutral June WASDE report had little impact on grain prices
A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly quiet. Allendale commodity broker Greg McBride said the changes made to the corn numbers were relatively small. McBride said the soybean numbers had offsetting changes as well. McBride said the most impactful changes in this month’s...
Ag economy barometer drops in May
The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said...
Recapping a disappointing week in the grain market trade
It has been a difficult week of trade in the grains and oilseeds markets to say the least. Corn and soybeans grinded lower to begin the week and then saw significant losses on Thursday and Friday. Matt Bennett is the CEO and co-founder of AgMarket.Net and he tells the...
Livestock groups react to NWS confirmation
U.S. livestock groups reacted to the USDA’s confirmation of the New World Screwworm in South Texas. “The National Cattlemen’s Beef Association and our state partner organizations have been working for more than a year to combat the incursion of the New World...
NASDA prioritizes animal disease preparedness
When I visited Washington, D.C. recently, I had the opportunity to speak with RJ Kearney of the National Association of State Departments of Agriculture about the issues state agriculture leaders are watching most closely. While topics like trade and the Farm Bill...
New World Screwworm confirmed in South Texas
Yesterday, USDA Secretary Brooke Rollins confirmed the detection of New World Screwworm (NWS) in a cattle herd in South Texas. The infected animal was a three-week-old calf, and the screwworm was found on the calf’s umbilical cord. Rollins said it is the only case...
Keys to optimizing a pig’s first litter
A gilt’s first litter is notoriously difficult. From low birth weight to high mortality, poor performance has become so ordinary for these litters that producers often come to expect it. Dr. Brad Lawrence of NOVUS tells the Iowa Agribusiness Radio Network that it is...
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Secretary Rollins talks ag trade with lawmakers
The Agriculture Secretary Thursday discussed agricultural trade opportunities and gains with House Agriculture Committee members. Secretary Rollins began by touting trade deals that have been made by the current administration to increase U.S. farm and food export...
Supporters plot E15 strategy in the Senate
Supporters of year-round E15 gasoline sales are making another push in Congress, but significant hurdles remain before the measure can become law. Backers of the proposal are working to attach E15 language to a larger must-pass bill in hopes of advancing the policy...
Pork industry is optimistic despite trade limitations from pseudorabies
Strong export sales, particularly in Latin America, are contributing about $67 in value per every hog slaughtered and accounting for more than 30% of all U.S. pork production. U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror said...
Growing crush capacity shifts soy demand priorities
For decades, one of the soybean industry's biggest challenges was finding new markets for soybean oil. Today, however, the conversation is changing. Growing demand from renewable diesel and other biofuel markets has helped create new opportunities for soybean oil,...
Swine industry remains cautious about NWS
Earlier this week, the USDA announced that there was an official detection of New World Screwworm (NWS) in the U.S. The pest was found in a three-week-old calf in South Texas. Since NWS is an indiscriminate parasite, all warm-blooded mammals are at risk of infestation...
