11/20/2009 02:25PM
The November USDA estimate of the 2009 corn crop is for a yield of
162.9 bushels per acre, down from the October estimate of 164.2 bushels
per acre. This will still be a new record high for corn yield if it
comes true.
11/20/2009 02:22PM
Beef and veal exports for September were 20 percent below a year
earlier. The biggest decline by country was South Korea, Vietnam and
Mexico. Beef imports in September were down 4.7 percent from a year
earlier.
11/19/2009 10:28AM
Milk prices continue their upward trend of improvement. The Class III price, which was $9.97 for both June and July improved to 12.82 for October and will be around $14.05 for November. The U.S.
11/18/2009 01:16PM
For the second consecutive week, the U.S. average price for regular
gasoline decreased. The average slipped about four cents to $2.63 per
gallon, $0.56 above the price a year ago.
11/18/2009 01:06PM
Capacity to produce fuel ethanol from corn nearly tripled between
January 2006 and January 2009. However, over the past 18 months, a
combination of surplus production capacity, the decline of gasoline
prices from their mid-2008 peak level, and high corn prices that
boosted producers’ input costs have resulted in a sharp decline in
ethanol margins.