Wisconsin trade mission to Europe in April

Governor Scott Walker and the Wisconsin Economic Development Corporation are inviting interested parties to join a trade mission to Europe April 12 through 20. The delegation will attend a trade show in Hannover, Germany which focusses on industrial automation and machinery. They will then travel to Bilbao, Spain which is a center of manufacturing and… Read more »

Nebraska bills involve livestock expansion

Two bills in the Nebraska legislature would help facilitate livestock expansion in the state. LB106 would make changes to the local permitting process for new or expanding livestock operations. The other bill, LB176, would change current policy by allowing meatpacking companies to own and raise hogs in the state. Mark McHargue, vice president of Nebraska… Read more »

Wheat sales good, but shipments still slow

USDA reports wheat export sales for the week ending February 19 were larger than expected, while soybeans and soybean oil were within their respective ranges and corn and soybean meal were below all estimates. Physical shipments of soybeans were above what’s needed weekly to meet USDA projections for the 2014/15 marketing year, but corn and… Read more »

Cattle trade waits until Friday

Futures Markets copy

The cash cattle trade was not established on Thursday afternoon with bids and asking prices poorly defined. Private sources did report a few bids in Kansas at 157.00 live, and Iowa and Nebraska at 250.00 to 257.00 on a dressed basis. Firmed by sharply higher futures, asking prices are around 162.00 plus in the South,… Read more »

Closing Grain and Livestock Futures: February 26, 2015

Futures Markets copy

Mar. corn closed at $3.80, up 4 and 1/4 cents Mar. soybeans closed at $10.24, up 16 and 1/4 cents Mar. soybean meal closed at $354.60, up $4.10 Mar. soybean oil closed at 31.84, up 13 points Mar. wheat closed at $5.03 and 1/4, up 5 and 1/2 cents Feb. live cattle closed at $161.12, up $2.77 Apr. lean hogs closed at $67.15, down $2.17 Apr. crude oil closed at… Read more »

Midday cash livestock markets

Futures Markets copy

USDA Mandatory reported a light cattle trade on light to moderate demand in Colorado yesterday from 1.00 to 4.00 lower from 156.00 to 156.50. All other areas were quiet. There are a few bids in Nebraska on a live basis today from 250.00 to 252. Packer inquiry should start to improve as the day progresses…. Read more »

Building American agriculture’s next generation

Managing for Profit copy

This is National FFA Week and the reality is; the future of agriculture is in those blue-and-gold jackets in classrooms across this country. Three of Wisconsin’s best veteran agriculture teachers talk about how they are changing things in their classrooms to meet the changing needs of agriculture.

Livestock futures contracts close higher

Futures Markets copy

Cattle buying interest remained limited on Wednesday afternoon, with just a few bids evident in Kansas and Nebraska on a live basis at 157.00, and dressed bids in the North at 250.to 252.00. Asking prices are around 162.00 in the South and 260.00 in the North. Significant trade probably won’t surface until Friday. The kill… Read more »

January poultry production up 5%

USDA reports domestic poultry production during January 2015 was 3.873 billion pounds, a 5% increase from January 2014. Chicken made up most of the total, 3.369 billion pounds, with turkey at 492.314 million. The preliminary live weight of all federally inspected poultry was pegged at 5.130 billion pounds, 5% more than a year ago, with… Read more »

Closing Grain and Livestock Futures: February 25, 2015

Futures Markets copy

Mar. corn closed at $3.75 and 3/4, down 1 and 3/4 cents Mar. soybeans closed at $10.07 and 3/4, down 8 and 1/4 cents Mar. soybean meal closed at $350.50, down $6.40 Mar. soybean oil closed at 31.71, up 29 points Mar. wheat closed at $4.97 and 3/4, down 8 cents Feb. live cattle closed at $158.35, up $1.70 Apr. lean hogs closed at $69.32, up 75 cents… Read more »