Pork producers blasted by new virus, PEDv
PEDv will mete a financial blow to many individual pork producers, but the tighter supply could trigger record-high industry revenues and the highest profit per head since 2005.
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).
