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Oil slips towards $104 on demand outlook, dollar
Brent crude oil slipped towards $104 per barrel on Monday, weighed by ample supplies, weaker demand for fuel and a strong dollar, despite gains in equity markets.
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Weather report: Rain spreads across the Corn Belt
In the West, warmth is returning to the Pacific Coast States and northern Rockies. On the Plains, heavy showers are maintaining the threat of flooding across the northern tier of the region, primarily in North Dakota and eastern Montana. In the Corn Belt, corn and soybean planting activities have been slowed or halted by showers and locally severe thunderstorms, except in Indiana, Michigan, and Ohio.
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Ag markets were mixed to start the new week
The tight old crop situation seemed to boost old crop corn futures Sunday night. The fact that the nearby July contract closed decisively above its 40-day moving average on Friday probably sparked follow-through buying as well.
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Boxed beef hits record highs, cattle weak to lower
Beef demand climbs at a rapid pace ahead of the Memorial Day weekend, boosting Choice boxed beef prices to new records. Cattle prices, however, traded weak to lower on most classes.
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U.S. cattle placements rise in April as feed costs subside
The number of cattle placed in U.S. feedlots last month was up 15 percent from a year earlier, a government report showed on Friday, and analysts said reduced feed costs encouraged fattening cattle for slaughter.
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D.C. Watch: Farm bill progressing
The Senate Agriculture Committee made quick work of the farm bill last week. Passage by the full Senate is likely by this week. The House Agriculture Committee also passed a version of the farm bill last week, and it could come to the House floor in June.
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Beef bull management refresher
At first glance, the life of the herd bull looks pretty easy. Work 2-3 months of the year and get the rest of the year for rest and relaxation.
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Beef research and resources update
May is Beef Month and I, for one, am ready. May is the month when people fire up their grills.
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Help for flood affected farmers
The USDA’s Farm Service Agency is assessing what it can do to help farmers whose land and property was damaged by recent floods in the Midwest.
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Representative Lucas discusses new Farm Bill
House Representative Frank Lucas describes the process the New Farm Bill will go through to be passed into legislation.
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U.S. May consumer sentiment highest in nearly 6 years
Americans felt better about their economic and financial prospects in early May as consumer sentiment rose to the highest level in nearly six years, an encouraging sign after other recent data had suggested broader U.S. growth is cooling.
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- Weekly U.S. beef sales roar back on purchases by Japan
- U.S. House votes to force approval of Keystone pipeline
- NCBA statement on USDA issuing a final rule on MCOOL
- U.S. revises meat-labeling rules to satisfy WTO ruling
- NASA backs 3D food printer to feed growing population
- Alltech Symposium challenges agribusiness to make an impact
- Post-tornado composting a solution for disposal of dead livestock
- Michigan hay buyers should plan purchases early
- Seven jobs more dangerous than farming
- New animal identification rules aid disease traceability
- Former Eastern Livestock CEO, CFO sentenced for federal crimes
- Drought losses in Oklahoma top $400 million for 2012
