Lower feed and fertilizer costs
Bob Meyer - at BAN - Thu Apr 17, 12:31AM CDT
We continue our conversation with Jerry Doan who runs a large cow-calf, grazing and cash-crop operation in North Dakota. Several years ago he took steps to improve the health of his soil including planting a cover crop of a dozen different plants...
Wisconsin’s newest Master Cheesemakers
Bob Meyer - at BAN - Wed Apr 16, 4:54PM CDT
Wisconsin is adding to the list of Master Cheesemakers. The three-year program provides advanced training for licensed cheesemakers with at least 10 years of experience. . Cheesemakers can earn certification in up to two cheese varieties at a time...
Coalition to prop up bridge testing
Tom Steever - at BAN - Wed Apr 16, 4:40PM CDT
The Soy Transportation Coalition is offering money to a dozen state departments of transportation to help offset the cost of upgrading to better, more accurate bridge testing equipment. Coalition Executive Director Mike Steenhoek says bridges that...
SDFU president suspicious of rail/oil connection
Julie Harker - at BAN - Wed Apr 16, 4:31PM CDT
A member of the National Farmers Union Board says the problem with railways putting grain shipments on the back burner is as bad as it’s ever been and congressional investigation is likely needed. Doug Sombke, President of the South Dakota Farmers...
FAS accepting foreign marketing apps
Bob Meyer - at BAN - Wed Apr 16, 4:30PM CDT
USDA’s Foreign Ag Service will start accepting applications this week for FY 2015 export development programs. Most of the funding, nearly $172 million is allocated to the Market Access Program (MAP) where USDA helps trade associations, cooperatives,...
Looks like cash cheese has turned around
Bob Meyer - at BAN - Wed Apr 16, 4:23PM CDT
After steadily declining for a couple of weeks, prices have been increasing in the cash cheese market this week. Barrels went from $2.25 on April 2nd to $2.075 by April 10. They are now back up to $2.1875. Blocks went from $2.385 down to $2.165 and...
Board directs rail industry to provide delivery plans
Meghan Grebner - at BAN - Wed Apr 16, 4:12PM CDT
Given the immediate need for fertilizer for farmers entering the planting season, the Surface Transportation Board will now require reports from the rail industry on its plans to ensure delivery of fertilizer to farmers in the upper Midwest. Steve...
Fundamentals provide support for soybeans
John Perkins - at BAN - Wed Apr 16, 4:08PM CDT
Soybeans were higher on commercial and speculative buying. The near term supply remains tight and demand continues to look strong. China’s first quarter GDP growth was a little better than expected, up 7.4% from this time last year. Still, that was...
Hog futures show gains on higher midday pork values
Jerry Passer - at BAN - Wed Apr 16, 3:30PM CDT
The cash cattle trade was at a standstill on Wednesday afternoon with just a few bids reported in parts of the North at 240.00. A few cattle sold in Iowa at 150.00 on a live basis. Asking prices remain firm at 149.00 to 150.00 in the South, and...
Closing Grain and Livestock Futures: April 16, 2014
John Perkins - at BAN - Wed Apr 16, 3:12PM CDT
May corn closed at $4.97 and 1/2, down 6 and 1/4 cents May soybeans closed at $15.18 and 3/4, up 17 and 1/2 cents May soybean meal closed at $491.00, up $3.60 May soybean oil closed at 43.71, up 88 points May wheat closed at $6.88, down 13 and 3/4...