…the Illinois Corn Marketing Board to better understand how farmers are adopting technologies to increase production while using inputs more efficiently. Following those visits, the team met with the Illinois…
Global Food Prices Slightly Lower
…vegetable oils, more than offsetting firmer dairy, meat and sugar prices. Average prices for cereal grains fell 2.8 percent for the month, and vegetable oil prices were down the same….
Farm Credit System Loan Volume Up
…Credit Banks Funding Corporation, Tracey McCabe, says “despite continued lower agricultural commodity prices and global economic challenges, the overall credit quality of the System’s loan portfolio remained favorable.” 2016 first…
Safety Net Assistance for Milk Producers
…The narrowing margin between milk prices and the cost of feed triggered the payments, as provided for by the 2014 Farm Bill. “We understand the nation’s dairy producers are experiencing…
Renewable Fuels Question Credit Spike
…about “recent irregular activity and volatility” in the market for Renewable Identification Numbers, or RINs, which prices climbed about 30 percent since mid-May. Last week, prices of RINs neared three-year…
Limit and Cut Production Cost
…statements. Over the next five years, the report estimates flat to lower prices for wheat, a three to eight percent increase in corn prices and consistent export growth for soybeans….
Marketing Needed for Climbing Pecan Market
New Report Shows Continued Increase in Production, Pecan Market Prices Will See Downward Pressure U.S. pecans acreage has expanded during the last ten years, and ten year average annual production…
Ag Outlook Strengthens
…that expect tough financial times in agriculture over the next five years dropped to 40 percent, lower than in previous months. Producers also expect higher commodity prices and rising farmland…
Poultry Review
…of 23.0 million. U.S. Poultry and Egg Prices The June market egg price, at $0.23 per dozen, decreased 1.1 cents from May and is 169.0 cents below June 2015. The…
CFBF Encourages Overtime Bill Action
…and farm workers. The higher cost of providing overtime pay will force farmers to cut employee work hours to control labor costs and farm worker compensation will decline. The application…
July Dairy Market Report
The July issue of the NMPF-DMI Dairy Market Report is now available online. Dairy futures markets suggest milk prices have likely bottomed out for the year, following a drop of…
Lower Hog Prices
Record Pork Production Lowers Hog Prices Hog futures hovered near three-month lows at times late this (last) week as higher U.S. pork supplies coincided with weaker overseas export demand. Nasdaq…
Survey Shows Cover Crops Boost Yields
A recent survey of over 2,000 farmers showed increasing support for cover crops and found higher yields for the fourth year in a row for corn and soybean fields after…
Farmers Increasing Rye Plantings
North American Farmers Increasing Rye Plantings on Higher Whiskey Sales Farmers in North America are turning back to what Reuters calls a neglected crop, sowing fields with the largest rye…