Cattle and hog futures end the week higher

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Cattle trading on Friday was light in Texas at 98.00. Trade was also limited on light demand in Kansas, the Northern Plains as well as the Western Corn belt. Not enough sales in any feeding region to establish an adequate market test. Cattle traded earlier in the week at 98.00 to 98.50 in the South…. Read more »

Closing Grain and Livestock Futures: April 30, 2010

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May corn closed at $3.66 and 1/4, up 5 and 3/4 cents May soybeans closed at $9.89 and 1/2, up 3 and 3/4 cents May soybean meal closed at $291.30, up $3.90 May soybean oil closed at 38.58, down 22 points May wheat closed at $4.91 and 3/4, up 7 and 1/4 cents April live… Read more »

Cash receipts from milk drop in 2009

As if we didn’t already know 2009 was a tough year for dairy farmers, the Indiana field office of the National Ag Statistics Service (NASS) reports cash receipts from marketings of milk in Indiana totaled $450 million, down 30 percent from 2008. Producer returns averaged $13.40 per hundredweight, down $6.20 cwt. from the 2008 average…. Read more »

Indiana 32nd in cash receipts for cattle

Indiana saw cash receipts from marketings of cattle and calves in 2009 drop 11 percent to $224.4 million, ranking the Hoosier State 32nd among all states. Nationally, cash receipts totaled $48.5 billion, down 10 percent from 2008. All cattle and calf marketings in Indiana totaled 297.1 million pounds, down 7 percent from the previous year…. Read more »

New IDEM permit policy

Beginning June 7 the Indiana Department of Environmental Management (IDEM) will have a new policy in effect when it comes to applications for CFO and CAFO permits. Andy Taurer, Agricultural Liaison at IDEM tells Brownfield the new policy will include a checklist of what’s required. “So whether a producer is working with a consultant or… Read more »

President Obama tours Missouri farm

What do you do when the President of the United States comes to your farm? You show him the place, talk about ag policy, and send him home with some food. Lowell and Marcia Schachtsiek showed President Barak Obama around their farm in northeast Missouri, following his visit at a nearby ethanol plant earlier this week…. Read more »

Iowa group provides $100,000 for scholarships

The Agribusiness Association of Iowa (AAI) has donated 100-thousand dollars for scholarships to Iowa State University’s College of Agriculture and Life Sciences. The scholarships will be available to students enrolling at Iowa State and pursuing careers in agriculture.  They are targeted to attract students to agricultural industries and provide employment opportunities with AAI members companies…. Read more »

Indiana 5th in hog cash receipts

When it comes to cash receipts from marketing of hogs and pigs, Indiana ranks 5th (Iowa is 1st), with cash receipts totaling $834 million in 2009, a drop of 9 percent from 2008. Nationally, cash receipts of hogs and pigs totaled $14.1 billion, down 10 percent from a year earlier. Indiana marketed 1.798 billion pounds… Read more »

Obama pledges support for biodiesel credit

One of the leaders of the Iowa Renewable Fuels Association says he used a brief visit with President Obama this week to stress the importance of extending the biodiesel tax credit—and he says the President give him a positive response. Brad Albin, vice president of Renewable Energy Group and secretary of IRFA, had a 90… Read more »

Hoosiers in the news

NAMES IN THE NEWS Jane Carr of Harrison County has been recognized as an ISDA Certified Livestock Producer. Jane and her family raise all natural Black Angus cattle. To date, 27 Hoosier farmers have been certified in the voluntary program. Beck’s Hybrids has named Wade Wiley Soybean and Wheat Development Manager, in the position Wiley’s… Read more »