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STAFF BLOG AGWEEK Poultry Production and Health
Minnesota tops the nation in turkey production. The poultry industry brings in more than $800 million in income for producers, processors and other related industries. Our educational efforts translat...
Posted on 7/21/10 at 5:35 AM
Markets slip lower
Wheat lost ground big last week on improving conditions. The Wheat Quality Tour is estimating a much better than expected winter wheat crop while crop conditions in the Northern Plains have been close to ideal.
By Ray Grabanski , May 07, 2012
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China to up pork production
Pork exports were phenomenal last year, and the U.S. Department of Agriculture has forecast the same for this year. However, the bears are not so easily convinced. They were watching pork prices fall in China (our largest export market).
By Sue Martin , April 30, 2012
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Demand drives markets higher
Wheat traded mixed last week with winter wheat exchanges gaining ground while Minneapolis drifted lower. For the week ending April 26, May Minneapolis dropped 23.25 cents, May Chicago was 10.25 cents higher, and May Kansas City was 13.25 cents higher. Weather was the main driver in all exchanges as frost concerns supported the winter wheat exchange while ideal conditions in the north encouraged planting progress.
By Ray Grabanski , April 30, 2012
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Markets retreat on favorable conditions
Wheat closed last week ending April 19 mixed, with the winter wheat contracts ending with small losses to small gains while Minneapolis lost ground. For the week ending April 19, May Minneapolis was off 15 cents, May Kansas City was 5.5 cents lower and May Chicago was 1 cent higher.
By Ray Grabanski , April 23, 2012
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USDA report surprises
Wheat struggled last week, even with a friendly U.S. Department of Agriculture report. For the week ending April 12, May Minneapolis dropped 8.5 cents, May Chicago was 75 cents higher, and May Kansas City was off 9.5 cents.
By Ray Grabanski , April 16, 2012
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China buying US corn
When with talk of private Chinese buyers having secured upwards of 10 cargoes of old-crop corn recently, futures still found it difficult to hold onto higher prices.
By Sue Martin , April 16, 2012
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Planting progresses
All three wheat exchanges struggled last week but most of the issues were in the winter wheat exchanges while Minneapolis experienced modest gains.
By Ray Grabanski , April 09, 2012
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USDA surprises market
Wheat traded lower in most of the session this week, except for March 30. Early selling was tied to improving conditions for the Southern Plains winter wheat crop and from position squaring ahead of the March 30 U.S. Department of Agriculture report while strength March 30 was because of a friendlier-than-expected acreage report from USDA.
By Ray Grabanski , April 02, 2012
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Markets retreat
The wheat markets had losses of 15 to 26 cents last week. The winter wheat markets had the larger losses due to beneficial rains in much of the winter wheat belt and losses in the corn market. Minneapolis wheat had lighter losses due to strong export sales and lingering concerns about dry soil conditions in the Northern Plains. Markets will likely spend this week positioning ahead of the March 30 reports.
By Ray Grabanski , March 26, 2012
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Exports drive market
The corn market was up 30 cents last week in old crop, while new crop contracts gained about 10 cents. Talk of increased exports to China provided direction to the market early last week, while the possibility of an early planting season due to warm weather in the Corn Belt was talked about through the second half of last week.
By Ray Grabanski , March 19, 2012
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