Wheat started the week positive. Early support was from spillover buying from a stronger corn and soybean market. Additional support was from thoughts of improving fundamental news, as traders are looking for winter wheat crop conditions to decline.RELATED CONTENT
There has been a huge slug of lentil exports in the past month. India stepped into markets with a purchase of North Dakota Richleas, then the action moved to Canadian Lairds.
The calculator asks for either weight and seeds per pound for seed units sold by weight, or for seeds per unit for seed sold by number.
Many farmers are wondering why the market dropped $20 per metric ton after analysts forecast a historically tight carryout for 2012 and 2013 and a year-over-year decline in canola acres.
The Democratic-controlled Senate wants to make a small cut in food stamps, and Stabenow is likely to propose a cut of about $4 billion over 10 years, while the Republican-controlled House wants a much bigger cut.
The Canada-European Union free trade talks are nearing an end with agriculture issues the last major stumbling block to an agreement both sides say will boost economic growth, the EU ambassador Matthias Brinkmann said Thursday.
Lentsch, 39, says time serving with the military in Iraq taught him the importance of seizing opportunities when they arise.
The May 1 session opened lower, but managed to hold mostly steady throughout most of the session. Early selling was tied to thoughts that last week’s gains have been a little overdone.RELATED CONTENT
Through a partnership with Henry Kim, president of United Soy Food, Goldkim soybeans were born. Kim says a lot of shipping containers come into the U.S. from Korea, China and Japan full and about 70 percent return empty.
One would think a farmer easily could have hedged new crop soybeans at profitable levels, given the great cash prices over the winter. It was never that simple, however, because new crop was always discounted.
Drought and high feed prices are cutting into the profit margin for cattle producers like Gary and Kathy Stai of New London, Minn.
A U.S. bankruptcy court has dismissed the case of former Grafton, N.D., farmer Tom Grabanski.
Canary trade is holding steady, but canary exports have dropped.
An increase is projected for U.S. wheat ending stocks for 2012 and 2013.