Could this crop year be a bin-buster in Ohio? Yes, if wheat crop is any indication.
USDA improves its farm storage loan program that helps producers build or upgrade farm storage and handling facilities.
ARDEN HILLS, Minn. — Land O’Lakes had net sales of $5.8 billion and net earnings of $164.1 million for the first six months of 2009. While net sales were down from $6.6 billion for the first half of last year, the $164.1 million in net earnings matched the same period one year ago, despite 2009’s […]
WASHINGTON — U.S. farmers successfully battled soggy July weather and remain on target for producing the largest soybean crop in history, according to the Crop Production report, released by the U.S. Department of Agriculture’s National Agricultural Statistics Service. Soybean forecast Soybean production is forecast at a record-high 3.2 billion bushels, up 8 percent from last […]
USDA will release the Supply and Demand Report Wednesday, and, as usual, it represents an untimely truth for this grain market columnist. I write this on Monday before the market opens, and the reader gets this Thursday, after the report and after some market reaction to it. The numbers Monday, the markets were sharply mixed, […]
MAUMEE, Ohio — The Andersons Inc. announced second quarter net income attributable to the company of $15.9 million, or $0.87 per diluted share, on revenues of $811 million. In the same three month period of 2008, the company reported record results of $45.6 million, or $2.48 per diluted share, on $1.1 billion of revenues. For […]
WASHINGTON — The Department of Justice and the U.S. Department of Agriculture will hold joint public workshops to explore competition issues affecting the agriculture industry in the 21st century and the appropriate role for antitrust and regulatory enforcement in that industry. Issues The joint workshops will address the dynamics of competition in agriculture markets including, […]
Surviving the dairy crisis may mean changes to operation SLIPPERY ROCK, Pa. — Perseverance, heart, soul, patience and optimism. These are the traits a dairy farmer has had to develop in order to make it through the past several months of low milk prices. Or what many of them say they had to develop in […]
ARLINGTON, Va. — Cooperatives Working Together organizers have tentatively accepted 294 bids in the third herd retirement it has conducted in the last nine months. The 86,710 cows and 1.8 billion pounds of milk accepted in this round, combined with CWT’s previous two herd retirements, equal a total production capacity of 4.8 billion pounds of […]
SALEM, Ohio — A bleeding U.S. dairy sector received a small bandage July 31 as the USDA announced plans to increase dairy price support levels, but the reactivated Congressional dairy caucus is still pushing for a long-term solution to historically low milk prices that are driving many milk producers out of business. Dairy price support […]