NEWS ROOM

11/14/2019

Are the talks with China falling apart. Media play game? USMCA seems positive. Ethanol production 7th week higher…stocks lower. Brazil tariff quota for wheat. China & U.S. Poultry, ASF…

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KVRN

11/14/2019

Senate Democrats said USDA is picking winners and losers with top payment rates heading to southern farmers.

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Jacqui Fatka

11/14/2019

Milk futures on the Chicago Mercantile Exchange were mixed Thursday as declines in cash markets caught up with traders. November Class III milk unchanged at $20.19.  December down nine cents at $18.70.  January two cents higher at $17.81.  February up two cents at $17.21.  March through June contracts one to three cents higher. Dry whey…

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Nicole Heslip

11/14/2019

Washington, D.C., November 14, 2019 – United States Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue released the following statement on China’s decision to lift its ban on poultry imports from the United States: “The United States welcomes China’s decision to finally lift its unwarranted ban on U.S. poultry and poultry products.…

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KVRN

11/14/2019

Chicago Mercantile Exchange live cattle futures were higher, supported by oversold signals and the week to date’s direct cash business, with optimism about the rest of the week’s trade. December was up $.97 at $119.07 and February was $.82 higher at $124.92. Feeder cattle were up on the same factors as the live pit. November…

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John Perkins

11/14/2019

Speaker of the House Nancy Pelosi indicates a breakthrough on USMCA could be close. The California Democrat told reporters Thursday House Dems and U.S. Trade Representative Robert Lighthizer are moving toward a deal.  Pelosi says she believes if they can get USMCA to where it needs to be, which she described as imminent, it can…

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Mark Dorenkamp

11/14/2019

Dec. corn closed at $3.75 and 3/4, up 1/2 centJan. soybeans closed at $9.16 and 3/4, up 1 and 1/2 centsDec. soybean meal closed at $303.10, down $1.00Dec. soybean oil closed at 30.78, up 25 pointsDec. wheat closed at $5.07 and 3/4, down 1 and 1/4 centsDec. live cattle closed at $119.07, up 97 centsDec.…

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John Perkins

11/14/2019

Chicago Federal Reserve economist David Oppedahl says farmland values in the Seventh District softened during the third quarter. “The farmland values are pretty stable overall, but they’re down about a percentage point from a year ago. Up about a percentage point from a quarter ago.” The Seventh District covers all of Iowa and portions of…

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Mark Dorenkamp

11/14/2019

LINCOLN, Neb., Nov. 13, 2019 — An upcoming Nebraska Extension workshop will help farmers develop marketing plans for 2020. “Risk and Reward: Using Crop Insurance and Marketing to Manage Farm Survivalâ€� will be presented Scottsbluff, North Platte, West Point and Clay Center in January and February. Extension economists will discuss the role of farm location…

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KVRN