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Markets Results

USDA reports record crops in 2009

Tuesday, January 19, 2010

WASHINGTON — U.S. farmers produced the largest corn and soybean crops on record in 2009, according to the Crop Production 2009 Summary released Jan. 12 by the U.S. Department of Agriculture’s National Agricultural Statistics Service. Corn and beans. Corn production is 13.2 billion bushels, 1 percent above the previous record of 13 billion bushels set […]

Food companies, farm industry helping Haiti earthquake victims

Tuesday, January 19, 2010

WOOSTER, Ohio — As thousands of devastated people in Haiti continue to search for family members and friends, and cope with looting frenzies and safety, American food companies and farmers are sending help. The magnitude 7.0 earthquake that struck Haiti Jan. 12 disrupted food and water supplies into and within the nation, leaving scores of […]

2010: It’s still not ‘business as usual’ for agriculture

Monday, January 11, 2010

SALEM, Ohio — Let’s start the year as most prognosticators do: predicting what will happen in the next 12 months. But we needed help, so we turned to Chris Hurt, agricultural economist at Purdue University; Tom Schlenker, executive vice president of Farm Credit Services of Mid-America; and Matt Roberts, agricultural economist at Ohio State University. […]

Late corn harvest lifts prices, for now

Friday, January 8, 2010

URBANA, Ill. — In the short run, another round of harvest delays has supported corn and soybean prices, and strong demand for corn for ethanol may also provide longer term support. However, according to University of Illinois Economist Darrel Good, at some point, the soybean market may suffer from a very large South American harvest. […]

Futures market may be last hope for dying U.S. pork industry

Friday, January 8, 2010

WEST LAFAYETTE, Ind. — Bankruptcy is a terrible word, but one that indicates the pork industry is entering the “last leg down” in this cycle. Attorneys for several large producers have posted the “out of business” sign in recent months.

Taiwan closes door to some U.S. beef

Wednesday, January 6, 2010

WASHINGTON — Despite a recent agreement to allow a full reopening of the Taiwan market to U.S. beef, Taiwanese lawmakers announced Jan. 5 that additional restrictions would be placed on U.S. beef imports, due to alleged safety concerns. Both the office of the U.S. Trade Representative and the USDA expressed disappointment at the move, saying […]

Cattlemen challenge EPA greenhouse gas ruling in court

Thursday, December 24, 2009

NCBA claims EPA will be able to tell farmers that they can only emit a certain level of greenhouse gases.

300-bushel corn? Yep, we can do that

Wednesday, December 23, 2009

ST. LOUIS — Advanced production techniques, informed growing practices and improved seed varieties helped corn growers achieve high yields in the National Corn Growers Association 2009 National Corn Yield Contest. Despite the challenging weather conditions that plagued the Corn Belt throughout the year, entrants continued to far surpass the national average corn yield, even doubling […]

Nations agree to climate change accord in Denmark

Wednesday, December 23, 2009

SALEM, Ohio — President Barack Obama committed the United States to cutting the nation’s greenhouse gas emissions by 17 percent by 2020, and by more than 80 percent by 2050.

Colorado grain elevator fined for worker hazards after teen dies

Tuesday, December 8, 2009

Teen’s death triggers OSHA investigation and $1.6 million in fines for Colorado grain elevator.

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