With Congress blocking USDA from spending any funds to create a second beef checkoff, Agriculture Secretary Tom Vilsack said he's happy at least that people within the beef industry could at least find an area of agreement.
Even though the spot ethanol contract continues to hold a premium over nearby RBOB gasoline contracts, the focus has been on narrowing spreads over the last week. At this pace, there is likely to be a more uniform price comparison between the two markets by the end of the year.
Is it possible that a late-December recovery in cattle futures could accelerate enough to cause feedlot and ranch revelers on New Year's Eve to look back with Pam Ewing and happily ask "what was that all about?"
12/19 1:49PM All three grains closed lower Friday with March Chicago wheat posting the largest loss for the day, related to an easing of concerns about Russia. Corn held on to a small gain for the week with help from news of export sales to Japan and Mexico.
In the field, a checkered black-and-white flag will represent Monsanto's Xtend technology. (DTN file photo by Emily Unglesbee)
Xtend Moves ForwardDicamba-Tolerant Traits Near Full Deregulation12/12 4:51PM USDA has issued its final environmental impact statement recommending full deregulation of Monsanto's dicamba-tolerant cotton and soybean trait. Now the company awaits EPA registration of the trait's corresponding herbicides.
Thu Dec 11, 2014 11:24 AM CST As farmers look to lower input costs in their row-crop operations next year, experts say small tillage changes could save growers thousands in fuel costs across large acreages.
Mon Dec 15, 2014 02:41 PM CST In this week's Crop Tech Corner, a study shows that Bt-proteins do not harm a valuable corn and cotton insect predator, a biological herbicide targeting downy brome comes to market, and two companies boast of sorghum varieties with tolerance to the sugarcane aphid.
Is the cropland market poised to step off historically high prices? Here's what some of the top appraisers in the business think. (DTN/Progressive Farmer photo by David L. Hansen)
Land MarketCorrection Time?12/15 2:21PM What could the next year hold for land values?
Mon Dec 15, 2014 02:32 PM CST The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compared to what they would have earned during a year with "normal" basis values, and this may foreshadow similar nationwide losses if U.S. transportation capacity continues to lag behind demand growth.
Ag Runoff Targeted 11/24 11:34
Toledo Algal Bloom Puts Target on Agriculture Nutrients
Alan Hojer works as a legacy consultant with Keep Farmers Farming, a division of First Dakota National Bank in Yankton, S.D. The bank was frustrated that too many farmers failed to complete estate plans. (DTN photo by Elizabeth Williams)
Mon Dec 15, 2014 09:33 AM CST Russian agriculture could be helped by international sanctions if the country's officials stick to their strategy to increase mechanization and encourage more agricultural output from their farmers. Russia is going to need increased production given that the country has banned imports of major food items from countries which sanctioned Russia, including the U.S.
One provision in the Agriculture section of a proposed omnibus appropriations bill would prevent USDA from creating a new beef checkoff. (Logo courtesy of the Cattlemen's Beef Board)
Congress Reaches Funding DealOne Provision Would Block USDA From Creating New Beef Checkoff12/10 9:12AM The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal year 2015, a congressional aide said, down from $20.8 billion in 2014. One provision would prevent USDA from creating a new beef checkoff.
Mon Dec 15, 2014 09:30 AM CST The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compared to what they would have earned during a year with "normal" basis values, and this may foreshadow similar nationwide losses if U.S. transportation capacity continues to lag behind demand growth.