Ag markets diverged somewhat Thursday morning

The export data boosted corn futures Thursday morning. The ag industry is clearly expected huge fall corn production, but traders sometimes forget that demand is also quite strong. FULL STORY »

Commentary: Irish wearing the goat horns

When a county fair ends up gift-wrapping an egregious stunt for activists to exploit—dangling a goat in a cage above the crowd for three days—one has to ask: What were they thinking? FULL STORY »

Commentary: Culinary fantasyland

Can you call something a cookbook when the ‘cuisine’ in question doesn’t exist, the ‘foods’ the book features are totally fake and the recipes inside don’t even exist? I think not. FULL STORY »

U.S. sets new ground beef procedures to stop E. coli outbreaks

The U.S. Department of Agriculture on Wednesday announced new procedures for detecting and removing unsafe ground beef from grocery stores and suppliers as part of efforts to prevent potentially deadly illnesses caused by contaminated meat. FULL STORY »

U.S. Plains farmland values hold steady in second quarter

Farmland prices in the U.S. central Plains held steady during the second quarter with the prior three months despite lower farm income, the Federal Reserve Bank of Kansas City said on Thursday. FULL STORY »

Unmanned aerial vehicles advance agriculture

Unmanned aerial vehicles, more commonly referred to as drones in a majority of media outlets, have played an important role in U.S. military operations. These sophisticated flying machines have proven their utility in this arena, albeit at a huge price. FULL STORY »

Retail gasoline prices decline

The U.S. average price for regular gasoline as of August 11, 2014 was $3.51 per gallon, down one cent from the week prior, and six cents less than the same time last year. The Midwest price increased by four cents to $3.45 per gallon, while the Rocky Mountain average rose one cent to $3.65 per gallon. FULL STORY »

Chart: Corn Supply & Demand Estimates

Projected 2014/15 U.S. feed grain supplies are raised this month with higher production forecasts for corn, sorghum, barley, and oats. FULL STORY »

Midwest propane inventories show strong growth in recent weeks

Last winter, high propane prices, low inventories and logistical and infrastructure challenges prompted emergency measures to address propane supply shortfalls in the Midwest. FULL STORY »

Feedlot margins and fed cattle prices weaken

Feedlot lot margins took a steep hit, just shy of $70.00 per head last week, dropping margins from the previous week’s $354.40 per head price to $284.85 per head for the week ending August 9, says the Sterling Beef Profit Tracker’s latest report. FULL STORY »

Ag markets were mixed again Wednesday night

Large supplies are again weighing on corn futures. Ideas about robust demand strength have supported the corn market lately, but the industry is still anticipating a massive fall harvest. FULL STORY »

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