Markets

Production is on the rise in Pa. this year

Wednesday, October 22, 2008 by Farm and Dairy Staff

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 by Farm and Dairy Staff

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 by Farm and Dairy Staff

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 by Farm and Dairy Staff

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 by Farm and Dairy Staff

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 by Farm and Dairy Staff

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 by Farm and Dairy Staff

STATE COLLEGE, Pa. — The AccuWeather.com 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 by Farm and Dairy Staff

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 a […]

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

Monday, September 22, 2008 by Farm and Dairy Staff

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 that […]

U.S. ends marketing year with record grain exports

Saturday, September 20, 2008 by Farm and Dairy Staff

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 300 million […]