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Markets Results

Growing in high tunnels takes planning

Thursday, April 3, 2014

High tunnels make it possible to grow crops in cooler conditions and extend the growing season.

USDA extends Milk Income Loss Contract program

Friday, March 28, 2014

USDA has extended the Milk Income Loss Contract program through Sept. 1, 2014, or until a new Margin Protection Program for dairy producers (MPP), established by the 2014 farm bill, is operational.

Muskingum conservancy drafts lease for shale drilling at Piedmont Lake

Monday, March 24, 2014

The Muskingum Watershed Conservancy District is completing negotiations for an oil and gas lease for Utica Shale development for nearly 6,700 acres at Piedmont Lake in Belmont and Harrison counties.

Spring flood potential is widespread

Monday, March 24, 2014

NOAA predicts moderate spring flood potential in Midwest; California and Southwest stuck with drought.

Only the smart survive: Looking for resilient dairy farms

Thursday, March 20, 2014

With current feed and milk prices, a black and white cow producing 22,000 pounds/year could net between $1,200 and $1,600.

Dairy producers weighing shift in new farm bill

Monday, March 17, 2014

The Margin Protection Program is designed to help farmers deal with both catastrophic conditions, such as weather extremes, and prolonged periods of low margins.

Pork producers blasted by new virus, PEDv

Friday, March 14, 2014

PEDv will mete a financial blow to many individual pork producers, but the tighter supply could trigger record-high industry revenues and the highest profit per head since 2005.

Expansion of beef cattle herds on the horizon

Sunday, March 2, 2014

Whether the national beef herd grows or declines in the coming months will depend on cow slaughter numbers.

Chesapeake Energy reports 2013 finances; still waiting on infrastructure in Utica shale

Friday, February 28, 2014

As of Dec. 31, 2013, Chesapeake has drilled 425 wells in the Utica, including 230 producing wells and 195 wells awaiting pipeline connection or in various stages of completion.

Pioneer, USDA, university partnership may yield sustainable farm benefits

Monday, February 24, 2014

The three-year exclusive agreement among DuPont Pioneer, the University of Missouri and USDA-ARS will focus on precision agriculture sensors and soil mapping.

California leads U.S. milk production; Ohio dairy herd numbers drop

Saturday, February 22, 2014

California continues to lead the U.S. in number of milk cows and overall milk production, while Ohio lost 130 licensed dairy herds in 2013.

Nearly 432 million acres planted to biotech crops in 2013

Sunday, February 16, 2014

Eighteen million farmers in 27 countries chose biotech crops in 2013 to the tune of 432 million acres.

What triggered high milk prices? Exports

Friday, February 14, 2014

As a percentage of total U.S. production, we are now exporting more dairy products than corn. (We exported the equivalent of 31.2 billion pounds of milk, or more than the total annual milk production from New York, Ohio and Pennsylvania combined.)

Deere hits record first quarter earnings of $681 million

Thursday, February 13, 2014

Coming off a booming year, lower farm income expectations in 2014 will slow sales of John Deere agricultural machinery in the U.S. and Canada. Deere expects sales to be down 5 to 10 percent for the year.

Chesapeake Energy targets growth of 2-4 percent

Thursday, February 6, 2014

Chesapeake Energy is estimating 2014 production growth of 2 to 4 percent, targeting an average daily production rate of 680,000-695,000 barrels of oil equivalent.

N.Y.-based Dairylea merges with Dairy Farmers of America

Thursday, February 6, 2014

Members of Dairylea Cooperative Inc. approved a proposed merger with Dairy Farmers of America (DFA).

Beef expansion continues, but profit margins will still be tight

Wednesday, February 5, 2014

CattleFax expert: Cattle prices are expected to average $135 compared to $126 during 2013, an increase of 7 percent.

Vilsack and Sherrod Brown team up to push farm bill as economic driver

Wednesday, February 5, 2014

U.S. Sen. Sherrod Brown, D-Ohio, and U.S. Agriculture Secretary Tom Vilsack highlighted the 2014 farm bill in a sweep through Ohio Jan. 31 that included the Ohio Farmers Union annual meeting in Columbus.

Cash prices will barely cover direct costs of raising corn

Wednesday, January 22, 2014

There’s been shift in profit centers on some Midwestern dairy farms for a couple years, one that is likely to shift again in 2014.

House, Senate approve $1.1 trillion omnibus spending bill; ag research gets boost

Friday, January 17, 2014

This is the first comprehensive spending proposal for the federal government since the 2012 omnibus spending bill. The good news is that the bill increases discretionary funding for major ag programs.

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