U.S. soy, corn ratings drop for first time in more than a month — July 28, 2014

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U.S. corn and soybean condition ratings fell in the latest week, the U.S. Agriculture Department said on Monday, the first decline for both crops in five weeks. USDA said that soybeans were rated 71 percent good to excellent as of July 27, a 2 percentage point decline from a week earlier. Good-to-excellent ratings for corn […]


Klassen: Feeder market surges like a rocket — steers hit $330 — July 27, 2014

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Western Canadian feeder cattle prices were extreme volatile and relatively undefined as the market made fresh historical highs. U.S. weekly beef production continues to come in below expectations and the market appears to be in a “supply shock.” At the same time, market-ready supplies of slaughter cattle are rather tight moving into August causing packers […]


GRAINS: Corn bounces but posts 5th weekly loss on supply pressure — July 25, 2014

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Reuters — U.S. corn futures inched higher on bargain buying Friday but posted a fifth consecutive weekly loss as expectations of record yields in this autumn’s harvest continued to hang over the market, traders said. Wheat rose on short-covering buying as the market consolidated above contract lows set this week, while soybeans ended mixed. At […]



Neonic insecticides widespread in Iowa waters — July 25, 2014

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Reuters — A class of insecticides popular with corn and soybean farmers in the U.S. Midwest but feared as a factor in the decline of U.S. honey bee colonies and other crop pollinators, has been found to be widespread through rivers and streams in Iowa, according to a government study released on Thursday. The study, […]


Fungus in your forage? Try moose drool — July 25, 2014

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York University researchers have found a surprisingly effective way to fight against a certain species of toxic grass fungus — moose saliva. Their paper published this month in Biology Letters shows that moose and reindeer saliva slows growth and reduces toxicity of a fungus in red fescue. “Plants have evolved defence mechanisms to protect themselves, […]


GRAINS: U.S. soybeans extend advance on exports, weather worries — July 24, 2014

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Reuters — U.S. soybean prices rose to a near two-week high on Thursday on firm export demand and concerns that dry weather in parts of the Midwest crop belt might jeopardize yield prospects, traders said. Corn futures fell to fresh four-year lows, retreating from early gains, and wheat also fell. At the Chicago Board of […]


LIVESTOCK: CME hog futures slide on weaker cash, pork prices — July 24, 2014

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Reuters — Chicago Mercantile Exchange hog futures on Thursday finished lower, pulled down by softer cash hog and wholesale pork prices, traders said. August finished 1.375 cents per lb lower at 123.200 cents, and October at 107.900, 2.550 cents lower. The average price of market-ready, or cash, hogs Thursday morning in the eastern Midwest, fell […]


U.S. court upholds FDA animal feed policy despite health concern — July 24, 2014

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Reuters — A divided federal appeals court on Thursday upheld a U.S. Food and Drug Administration policy allowing the use of various antibiotics in animal feed, even if such use might endanger the public health. Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered […]


U.S. spring wheat yield prospects best in 22 years — July 24, 2014

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Fargo, North Dakota/Reuters — The 2014 U.S. hard red spring wheat crop was projected to yield 48.6 bushels per acre, scouts on an annual crop tour said Thursday, the tour’s highest forecast in at least 22 years. The estimate was based on samples from 373 spring wheat fields assessed during the Wheat Quality Council’s three-day […]