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Expansion of beef cattle herds on the horizon
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Chesapeake Energy reports 2013 finances; still waiting on infrastructure in Utica shale
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California leads U.S. milk production; Ohio dairy herd numbers drop
Markets Results
Expansion of beef cattle herds on the horizon
Whether the national beef herd grows or declines in the coming months will depend on cow slaughter numbers.
Chesapeake Energy reports 2013 finances; still waiting on infrastructure in Utica shale
As of Dec. 31, 2013, Chesapeake has drilled 425 wells in the Utica, including 230 producing wells and 195 wells awaiting pipeline connection or in various stages of completion.
Pioneer, USDA, university partnership may yield sustainable farm benefits
The three-year exclusive agreement among DuPont Pioneer, the University of Missouri and USDA-ARS will focus on precision agriculture sensors and soil mapping.
California leads U.S. milk production; Ohio dairy herd numbers drop
California continues to lead the U.S. in number of milk cows and overall milk production, while Ohio lost 130 licensed dairy herds in 2013.
Nearly 432 million acres planted to biotech crops in 2013
Eighteen million farmers in 27 countries chose biotech crops in 2013 to the tune of 432 million acres.
What triggered high milk prices? Exports
As a percentage of total U.S. production, we are now exporting more dairy products than corn. (We exported the equivalent of 31.2 billion pounds of milk, or more than the total annual milk production from New York, Ohio and Pennsylvania combined.)
Deere hits record first quarter earnings of $681 million
Coming off a booming year, lower farm income expectations in 2014 will slow sales of John Deere agricultural machinery in the U.S. and Canada. Deere expects sales to be down 5 to 10 percent for the year.
Chesapeake Energy targets growth of 2-4 percent
Chesapeake Energy is estimating 2014 production growth of 2 to 4 percent, targeting an average daily production rate of 680,000-695,000 barrels of oil equivalent.
N.Y.-based Dairylea merges with Dairy Farmers of America
Members of Dairylea Cooperative Inc. approved a proposed merger with Dairy Farmers of America (DFA).
Beef expansion continues, but profit margins will still be tight
CattleFax expert: Cattle prices are expected to average $135 compared to $126 during 2013, an increase of 7 percent.
Vilsack and Sherrod Brown team up to push farm bill as economic driver
U.S. Sen. Sherrod Brown, D-Ohio, and U.S. Agriculture Secretary Tom Vilsack highlighted the 2014 farm bill in a sweep through Ohio Jan. 31 that included the Ohio Farmers Union annual meeting in Columbus.
Cash prices will barely cover direct costs of raising corn
There’s been shift in profit centers on some Midwestern dairy farms for a couple years, one that is likely to shift again in 2014.
House, Senate approve $1.1 trillion omnibus spending bill; ag research gets boost
This is the first comprehensive spending proposal for the federal government since the 2012 omnibus spending bill. The good news is that the bill increases discretionary funding for major ag programs.
Perdue closing chicken plant in Fredericksburg, Pa.
Perdue is closing a chicken production plant in Fredericksburg, Pa., and its related distribution center in Denver, Pa.
Pa. governor signs bill that classifies high tunnels as ‘temporary structures’
Pa. Gov. Tom Corbett signed into law Dec. 23 a measure introduced by Sen. Elder Vogel that ensures high tunnel greenhouses are not considered permanent structures and categorized as real estate for tax purposes.
Alta, CRV create dairy AI partnership
Two providers of bovine genetics, Alta and CRV, have agreed to collaborate in their North American Holstein genetic programs.
Produce growers can tap into webinars from Cornell, Penn State
Vegetable and small-fruit growers can participate in a series of monthly, Web-based seminars sponsored by Penn State Extension and Cornell Cooperative Extension that will kick off Dec. 18.
Ohio natural gas production up 18.4 percent during 2012
COLUMBUS — Reports from the Ohio Department of Natural Resources (ODNR) show the development of Ohio’s mineral resources in 2012 produced more than $2.7 billion worth of geologic commodities, including increases in the extracted amount of oil, natural gas, limestone, sand and gravel. The 2012 Report on Ohio Mineral Industries: An Annual Summary of the […]
Forget the woolly worm, here’s what real experts predict about winter weather
Are we going to have a bad winter? No strong climate pattern influence anticipated through upcoming winter season.
NRCS certifying farmland preservation easement organizations to speed process
Certification gets conservation easements on the ground faster.
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