Markets

Pioneer’s new Y Series soybeans hit market

Friday, July 11, 2008 by Farm and Dairy Staff

Pioneer Hi-Bred launched a new generation of soybean varieties with a 5 percent yield advantage.

Ag economist puts farm bill into more user-friendly terms

Wednesday, July 9, 2008 by Other News

COLUMBUS — With more than 600 pages and 15 titles, grasping a firm understanding of the 2008 farm bill can be daunting. But Ohio State University agricultural economist Carl Zulauf has made things a bit easier. Zulauf has summarized the titles and accompanying provisions of the farm bill through a series of Web-based documents. The [...]

July starts with falling corn prices

Wednesday, July 9, 2008 by Other News

By Mike Roberts Commodity Marketing Agent, Virginia Tech BLACKSBURG, Va. — Corn on the Chicago Board of Trade finished limit down again July 7, with the exception of the July 2008 contract. Falling corn prices were a result of long liquidation, minor profit taking and forecasts for better weather in the Corn Belt. The July [...]

USDA issues advance direct payments

Monday, July 7, 2008 by Farm and Dairy Staff

U.S. farmers will receive up to $1.15 billion in 2008 advance direct payments.

Damaged crop costs top $8 billion

Saturday, July 5, 2008 by Farm and Dairy Staff

Crops have incurred more than $8 billion in estimated weather-related damage so far in 2008.

USDA’s CCC boosts lending rates for July

Tuesday, July 1, 2008 by Farm and Dairy Staff

WASHINGTON — The USDA’s Commodity Credit Corporation announced interest rates for July 2008 on July 1.

USDA: More grain stocks than thought

Monday, June 30, 2008 by Farm and Dairy Staff

URBANA, Ill. — The USDA’s June Grain Stocks and Acreage reports revealed larger numbers than generally expected. These current estimates were negative for corn prices, but provided some support for soybean prices. “Taken together, the USDA reports were negative for corn prices,” said Darrel Good, University of Illinois Extension economist. “With a slowdown in corn [...]

Congresswoman calls for an end to market manipulation of oil, gas markets

Friday, June 27, 2008 by Farm and Dairy Staff

WASHINGTON — Connecticut Congresswoman Rosa L. DeLauro is focusing on congressional action to close loopholes that may be responsible for market manipulation of the oil and gas markets and/or excessive speculation. DeLauro spoke on the floor of the U.S. House or Representatives in support of Energy the Markets Emergency Act expected to be passed by [...]

U.S. pork exports jump 200 percent

Thursday, June 26, 2008 by Farm and Dairy Staff

DENVER — Ten years ago, the U.S. exported 1.116 billion pounds of pork, making our nation the source of about 1 pound of every 6 pounds of pork traded globally. How times have changed. In the first four months of 2008 alone, the U.S. pork industry already has exported 1.389 billion pounds of pork products [...]

Soybean enemies’ days are numbered

Thursday, June 26, 2008 by Farm and Dairy Staff

DES MOINES, Iowa — DuPont business Pioneer Hi-Bred says it has identified and incorporated new proprietary molecular markers into its soybean research program. The new markers significantly enhance the company’s ability to bring to market soybeans resistant to three common destructive soybean pests: Asian soybean rust, soybean aphids and frogeye leaf spot. Boosting yields “These [...]