Expect flat livestock, dairy production
WASHINGTON — According to the USDA Economic Research Service, the outlook for total red meat and poultry production will be down slightly next year....
Energy prices fundamental to corn
URBANA, Ill. — Corn and soybean markets are not reliant solely on energy or futures prices to support their levels, said a University of...
Crude oil drives commodities
By MIKE WOOLVERTON
Extension Grain Economist
Sighs of relief were heard throughout the grain trade last week as corn and soybean planting both progressed. Ordinarily, prices...
Syngenta and Monsanto reach agreement
BASEL, Switzerland — Syngenta has reached a definitive agreement with Monsanto, which settles all outstanding litigation relating to the two companies’ global corn and...
Oil to blame for high production costs
URBANA, Ill. — Between 2003 and 2007, the majority of corn and soybean production cost increases can be attributed to crude oil price increases,...
Pork industry defies economic odds
WEST LAFAYETTE, Ind. — Recent hog prices are described as a “miracle” by a Purdue University Extension marketing specialist, who compares the high prices to an answered prayer.
Ethanol not to blame for higher food prices
High energy prices, increasing global demand, drought and other factors -- not biofuels -- are the primary drivers of higher food costs.
Dairymen will face cottonseed price hike
Reduced plantings are expected to push cottonseed prices to $400/ton.
Subcommittee reviews dramatic movements in commodity markets
A House agriculture subcommittee held a hearing May 15 to review the source of volatile price movements in agricultural and energy commodity markets.
Midwest rainfall delays corn planting
While weather should improve in the next two weeks, it will not be enough to make up for planting delays already endured by the nation's corn farmers.
