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  • 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

U.S., Brazil collaborating on biofuels

Friday, November 21, 2008

WASHINGTON — The U.S. Department of Energy’s National Renewable Energy Laboratory and Petroleo Brasileiro S.A. (Petrobras), the largest energy company in Latin America, are working together to accelerate the development and international commercialization of biofuels. The announcement was made Nov. 20 at the International Biofuels Conference in Sao Paulo, Brazil. “By bringing Brazilian expertise together […]

Record export levels continue

Friday, November 14, 2008

DENVER, Colo. — While economic caution flags are flying as we enter the final quarter of 2008, both U.S. beef and pork export levels continued to exceed expectations through the first nine months of the year. U.S. pork exports built on the record set in August, skyrocketing 61 percent in September over totals from a […]

New approach needed for world trade

Monday, November 10, 2008

WASHINGTON — A new approach is needed in world trade talks, considering the stalled Doha round of negotiations, according to the American Farm Bureau Federation. Federation president Bob Stallman said the organization will shortly begin discussions with domestic and international business and trade leaders in an effort to find a new way to move forward. […]

Farm bill amendment changes base acre provision for 2008 crop year

Friday, November 7, 2008

Ten or fewer acres? Sign up until Nov. 26 in direct counter-cyclical payment program.

Cattle market caught in money crisis

Friday, November 7, 2008

WEST LAFAYETTE, Ind. — Agriculture in the United States is caught in the web of uncertainty being created by the financial crisis of 2008. The cattle industry is no exception, as both domestic and foreign demand for beef is related to consumer incomes, according to Chris Hurt, an Extension economist at Purdue University. Where the […]

Financial crisis hinders U.S. beef, pork exports, but long-term position strong

Thursday, November 6, 2008

TUCSON, Ariz. — Limited credit availability, volatile currency exchange rates and global economic uncertainty will create an uphill climb for U.S. beef and pork exports in many foreign markets for the remainder of the year. This was the common theme provided by directors of the U.S. Meat Export Federation’s international offices at the federation’s Strategic […]

Hold onto corn; contract your beans

Monday, November 3, 2008

URBANA, Ill. — A recovery in corn and soybean prices over the next six months is generally expected, making ownership of the crops beyond harvest prudent, said a University of Illinois Extension marketing specialist. “The current price structure in the corn and soybean markets suggests holding physical inventory is the preferred way of owning corn, […]

Department of Agriculture production

forecast indicates stronger exports

Monday, November 3, 2008

WASHINGTON — The U.S. Department of Agriculture’s National Agricultural Statistics Service released a corrected U.S. Crop Production report Oct. 28. Supply and demand The department also issued an abbreviated global supply and demand report to reflect the revisions and is now projecting the 2008/2009 corn harvest at 12.03 billion bushels, down 167 million bushels from […]

Advice from a specialist: Don’t panic

Tuesday, October 28, 2008

URBANA, Ill. — Nervous cattle producers have received a bit of advice from a Purdue University Extension marketing specialist — don’t panic. “Odds favor a recession and not a depression,” said Chris Hurt in a report distributed by University of Illinois Extension. “Understanding the magnitude of the recession is becoming easier as the impacts of […]

Production is on the rise in Pa. this year

Wednesday, October 22, 2008

HARRISBURG, Pa. — Based on conditions as of Oct. 1, Pennsylvania’s production of soybeans, all other dry hay, Maryland-type tobacco and grapes is expected to be above last year according to the Pennsylvania field office of USDA’s National Agricultural Statistics Service. Production of corn for grain, dry alfalfa hay, Pennsylvania seedleaf tobacco, Burley tobacco, and […]

Ohio’s corn yield forecast is down

Tuesday, October 14, 2008

Ohio’s corn grain production is down 14 percent from last year’s state production total.

Ohio’s old crop corn stocks are up from last year’s total

Thursday, October 9, 2008

REYNOLDSBURG, Ohio — Ohio’s old crop corn stocks in all positions Sept. 1 totaled 75.4 million bushels, 83 percent above the 41.3 million bushels stored one year ago. On-farm stocks, at 27 million bushels, accounted for 36 percent of the total stored and increased 93 percent from the 14 million bushels last year. Off-farm stocks […]

China feed demand grows

Tuesday, September 30, 2008

WASHINGTON — Higher corn yields are expected in China for 2008 compared to 2007 resulting in 6 billion bushels, said Cary Sifferath, U.S. Grains Council senior director in China. Sifferath and Charles Ring of the Texas Corn Producers Board toured corn fields in the Northeastern provinces of Heilonjiang and Jilin, China to assess the corn […]

Congress fixes misinterpretation of farm bill base-acre provision

Tuesday, September 30, 2008

WASHINGTON — The House of Representatives passed bipartisan legislation to suspend for the 2008 crop year a farm billprovision that required producers to have a minimum of 10 base-acres to receive program benefits. The House and Senate each passed by unanimous consent the Senate amendment to H.R. 6849, originally sponsored by Congressman Bob Etheridge of […]

Momentum continues for pork, beef exports

Monday, September 29, 2008

DENVER — U.S. pork and beef exports continued their strong performance in July, as pork exports remain on an all-time record pace for the year and beef exports are achieving levels of success not seen since 2003. The torrid pace of 2008 pork exports has been largely attributed to skyrocketing volumes of pork destined for […]

Frost may nip soybean crop early next week

Wednesday, September 24, 2008

STATE COLLEGE, Pa. — The Agricultural Forecast Center reports a scattered frost may nip the soybean crop in the upper Midwest early next week.

High grain prices are here to stay

Monday, September 22, 2008

CHAMPAIGN, Ill. — An ethanol-fueled spike in grain prices will likely hold, yielding the first sustained increase for corn, wheat and soybean prices in more than three decades, according to new research by two University of Illinois farm economists. Price surge Corn, an ethanol ingredient which has driven the recent price surge, could average $4.60 […]

Wind damages crops across the state, but losses hard to predict

Monday, September 22, 2008

COLUMBUS — After the wind storm from Hurricane Ike, Ohio farmers are finding their corn in one of two states: either standing relatively well or taking a beating. It pretty much depends on the stage of maturity as to how difficult the crop will be to harvest. Wind damage appears most severe in drought-stressed corn […]

U.S. ends marketing year with record grain exports

Saturday, September 20, 2008

WASHINGTON — U.S. agricultural exports surpassed expectations in 2007, generating a record $82 billion for U.S. farm families and the economy in general. According to the USDA’s 2007/2008 marketing year-end report released Sept. 12, feed grains exports in 2008 largely surpassed 2007 numbers. U.S. corn exports totaled 59.9 million metric tons (2.35 billion bushels) up […]

Forecast: Corn, soybean yields down

Wednesday, September 17, 2008

REYNOLDSBURG, Ohio — Based on conditions as of Sept. 1, Ohio’s average corn yield is forecast at 152 bushels per acre, down 8 bushels from the Aug. 1 forecast but 2 bushels above last year’s state yield of 150 bushels per acre. Total production is forecast at 478.8 million bushels, down 12 percent from 2007. […]


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