NOAA: Past 12 months were warmest Nation has experienced

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Warmer and drier than average temperatures continued for much of the nation in April. These temperatures, when combined with the first quarter and previous 11 months, calculate to the warmest year-to-date and 12-month periods on record for the contiguous United States. The Complete NOAA Story

Illinois Had the Warmest Spring on Record

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Spring in Illinois—March, April, and May—was the warmest on record dating back to 1895, according to the Illinois State Water Survey. This year’s spring temperatures averaged 59.1 degrees. The second warmest was 1977 with an average of 57.3 degrees. It was also the warmest January–May on record in Illinois with an average temperature of 48.8… Read more »

U.W. Madison seeking glyphosate survey participants

The University of Wisconsin-Madison Field Crops Weed Science Extension program is asking for participants for a research study relating to glyphosate-resistant weeds in Wisconsin corn and soybean fields. The study will investigate weed species diversity in Wisconsin corn and soybean fields due to reduced atrazine use and subsequent increased use of glyphosate. The purpose of… Read more »

EPA aerial surveillance questioned

The Region 7 EPA Administrator says conversations with lawmakers about aerial surveillance are good to have. Karl Brooks tells Brownfield that Senator Charles Grassley is among those who Brooks and other EPA officials have met with to discuss the flights. Senator Grassley wants to know why the EPA is doing the surveillance flights over Iowa… Read more »

A quiet day in the dairy markets

A rather quiet end to the week in the dairy markets, cash cheese barrels and blocks unchanged on the Chicago Mercantile Exchange on Friday, in fact there was no activity. Cash butter gained three-quarter-cent on two sales and one unfilled bid. For the week cash cheese barrels up 4 cents, blocks gained 2.5 cents and… Read more »

Strong session for soybeans

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Soybeans were sharply higher on speculative and commercial buying, along with spillover from the outside markets. Weather was the big factor with more hot, dry conditions around key growing areas. USDA did raise acreage and quarterly stocks were larger than expected but those weren’t big factors as most of the trade is focused on weather…. Read more »

Cash cattle trade very slow to develop

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The cash cattle trade was very slow to develop on Friday with both sides digging in their heels. Regional buyers bought a few pens in the North at $188.00, steady/ firm with last week’s weighted average. Most packers bid 116.00 live in Nebraska. USDA Mandatory reported cattle on a live basis in Kansas sold at… Read more »

Congress passes transportation bill

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Congress passed the transportation bill on Friday. With rare bipartisan support on back-to-back votes, the House approved the $120 billion package 373-52 and the Senate concurred 74-19. The measure funds transportation projects through 2014, extends the National Flood Insurance Program for five years and locks in the 3.4% interest rates on government-backed student loans. The… Read more »

Closing Grain and Livestock Futures: June 29, 2012

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Jul. corn closed at $6.72 and 1/2, up 20 and 1/2 cents Jul. soybeans closed at $15.12 and 3/4, up 46 and 3/4 cents Jul. soybean meal closed at $436.00, up $9.40 Jul. soybean oil closed at 52.21, up 129 points Jul. wheat closed at $7.39, up 13 cents Aug. live cattle closed at $120.45,… Read more »

Hog inventory up 1% on year

USDA’s quarterly hogs and pigs numbers were close to pre-report expectations. The total U.S. herd on June 1, 2012 was 65.829 million head, up 1% on both the quarter and the year, and slightly below the average pre-report guess for a 1.3% to 2.2% increase. The breeding herd was 5.862 million head and the market… Read more »