CORALVILLE, Iowa — The recent corn price dip of 50 cents to 60 cents per bushel is on the minds of grain growers at National Farmers’ annual farm business meeting held Jan. 18-21 in Coralville, Iowa. But National Farmers Grain Marketing Plus Grain Analyst Pete Lorenz said producers can capitalize on marketing strategies to minimize […]
WASHINGTON — The U.S. Department of Justice filed a civil antitrust lawsuit Jan. 22 against Dean Foods Company, challenging its April 2009 acquisition of Foremost Farms USA’s Consumer Products Division.
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 […]
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 […]
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. […]
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. […]
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.
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 […]
NCBA claims EPA will be able to tell farmers that they can only emit a certain level of greenhouse gases.
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 […]