Market Reports by State

Cattle Reports

USDA Market Information

LDP Daily Rates

All Categories

  • House blasts beef checkoff proposal

  • The personal farmer: Hawk Meats turns farm market model on its ear

  • Farmers: Get familiar with new big data agreement

Markets Results

VeraSun could sell assets to Valero

Monday, February 9, 2009

SIOUX FALLS, S.D. — VeraSun Energy Corporation is asking the U.S. Bankruptcy Court for the District of Delaware for permission to sell substantially all of the assets of VeraSun Energy Corporation and 24 of its affiliates through a court-approved sale process.

2007 Census of Agriculture: Agriculture’s ‘middle’ slipping away

Monday, February 9, 2009

The latest Census of Agriculture shows more U.S. farms than in 2007, but Ohio farms decreased by 2.5 percent. Nationally, there are a lot more very small farms, and a lot more very large farms.

Financial management practices and strategy options for farm operators

Friday, February 6, 2009

By WILLIAM EDWARDS AMES, Iowa — After several years of high grain prices and generous margins, crop producers are facing a 2009 that looks less than rosy. Higher inputs costs and selling prices well below the peaks of 2008 will result in fewer dollars left over to pay landlords and put into savings. Livestock producers […]

China hogs all the pork imports

Thursday, February 5, 2009

DENVER — China’s overseas purchases and imports of pork and pork products in calendar year 2008 were unprecedented for any single country in history, according to U.S. Meat Export Federation calculations from just-released Chinese trade data. Import numbers Based on import totals from China and Hong Kong, the country imported 4.2 billion pounds of pork […]

A whole new ballgame for cattle prices

Wednesday, February 4, 2009

World economic conditions are now the dominant driving force for cattle prices, according to a Purdue University Extension marketing specialist. “In the old days, cattle and beef prices were primarily correlated with beef supplies because demand tended to stay fairly constant,” said Chris Hurt. “Well, the ‘good old days’ are over as demand is in […]

Fertilizer prices vary at the retail level, but are stabilizing in general

Friday, January 30, 2009

WEST LAFAYETTE, Ind. — After reaching unprecedented price levels last year, fertilizer markets are adjusting to a dramatically different economic situation, making it hard for fertilizer dealers to set their prices and causing some farmers to delay their purchases, said a Purdue University specialist. “Fertilizer markets are now much more global, not only from the […]

Beef, pork exports exceed 2007 pace

Saturday, January 24, 2009

DENVER — Red meat exports continued their strong pace through November, with pork up 20 percent and beef up 9 percent (including variety meat) compared to November 2007. For the first 11 months of 2008, pork and pork variety meat exports were 61 percent larger than 2007, nearing the 2 million metric ton mark; 2008 […]

You better know your production costs for 2009

Friday, January 23, 2009

By MIKE DUFFY Estimating costs of crop production for 2009 will be extremely difficult. Some farmers have received forwarding pricing, some set a quantity only and still others will use the spot market. The price consequences of these decisions are substantial. Foreign competition for material, the current U.S. financial crises, the energy price situation and […]

Economist sees lower crop prices in 2009

Monday, January 12, 2009

SAN ANTONIO — Farm income hit a record high in 2008 due in part to record prices for corn, soybeans and wheat, but an economist speaking at a crop outlook seminar at the American Farm Bureau’s 90th annual meeting said farmers can expect lower prices this year. Weakening demand Jim Sullivan, an agricultural economist and […]

Ohio hog inventory up 5 percent; U.S. inventory down 2 percent

Friday, January 2, 2009

REYNOLDSBURG, Ohio — Ohio hog producers had 1,930,000 hogs on hand Dec. 1, 2008, up 5 percent from a year earlier, and up 1 percent from last quarter. The number of market hogs, at 1,760,000 head, was up 5 percent from last year and up slightly from last quarter. Breeding stock, at 170,000 head, was […]

ACRE program signup set for spring

Wednesday, December 24, 2008

USDA farm programs: Advance direct and counter-cyclical payments started in December.

Cargill plant named 2008 Feed Mill of the Year

Wednesday, December 24, 2008

ARLINGTON, Va. — The American Feed Industry Association and Feedstuffs have named the Cargill Animal Nutrition plant in Martinsburg, Pa., as the 2008 Feed Mill of the Year.

Total planted acreage of crops could drop

Saturday, December 20, 2008

URBANA, Ill. — Total planted acreage of all crops could drop substantially if crop prices remain generally low, said a University of Illinois Extension marketing specialist. “Within that context, however, an increase in corn acreage may be needed,” said Darrel Good. “It appears winter wheat seedings, particularly of soft red winter wheat, have declined from […]

Put farm taxes on your to-do list

Friday, December 19, 2008

It’s not to late to make changes for tax purposes. This year farmers have more alternatives to consider with respect to cost recovery or depreciation on assets that they placed in service during 2008.

DFA and two former execs hit with $12 million penalty

Wednesday, December 17, 2008

WASHINGTON — Dairy Farmers of America, its former chief executive officer, Gary Hanman, and its former chief financial officer Gerald Bos will pay a $12 million civil monetary penalty for attempting to manipulate the Class III milk futures contract and exceeding speculative position limits in that contract. The settlement was announced Dec. 16 by the […]

Looking for December optimism in USDA report

Tuesday, December 16, 2008

The stage seems to be set for recovery in the grain markets.

American Soybean Association: Checkoff funds being mishandled

Wednesday, December 10, 2008

Huge rift between U.S. soybean producer boards. The American Soybean Association is blasting the United Soybean Board, raising “serious ethical, legal, and financial allegations” about how farmer checkoff funds and program activities are being conducted.

EU gives Monsanto Roundup Ready 2 Yield beans the green light

Thursday, December 4, 2008

ST. LOUIS — Monsanto Co. has received regulatory approval in the European Union for the importation of Roundup Ready 2 Yield soybeans. This approval follows the European Food Safety Authority’s opinion in July concluding Roundup Ready 2 Yield is safe for import as food and feed. Roundup Ready 2 Yield soybeans are the next generation […]

Ohio faces $7 billion budget deficit

Tuesday, December 2, 2008

COLUMBUS — The federal government has made it official: We’re in a recession. It’s no surprise to most Ohioans, and certainly not to Gov. Ted Strickland, who decreed Dec. 1 that Ohio faces a $7 billion budget deficit in the upcoming 2010-2011 budget.

Hog producers may benefit from recession due to lower feed costs

Wednesday, November 26, 2008

WEST LAFAYETTE, Ind. — Hog producers may actually be helped by the current recession because of lower feed costs, said a Purdue University Extension marketing specialist. Back into profitability “Lower costs in combination with smaller pork supplies in 2009 could be the combination that puts the industry back into profitability,” said Chris Hurt. “Hog prices […]

eNewsletter

Get our Top Stories in Your Inbox