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Friday, August 24,2012

Eastern Livestock scandal continues

by DTN
Surrounded by members of the agriculture community at the Kentucky State Fair, Kentucky Agriculture Commissioner James Comer slammed the bankruptcy process that has failed to provide justice to the farmers, markets, truckers, veterinarians and others whose cattle or services were stolen in the collapse of Eastern Livestock.

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Friday, August 24,2012

High nitrate levels pose problems

by DTN
Across the Corn Belt this summer, samples of droughtstressed corn and forage are streaming into agricultural labs for nitrate testing.

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Friday, August 17,2012

Parties trade barbs over failure to pass farm bill, disaster aid

by DTN
Among those participating in the meeting were Stabenow, D-MI; House Agriculture Committee Chairman Frank Lucas, R-OK; House Agriculture ranking member Collin Peterson, D-MN; and Senate Agriculture ranking member Pat Roberts, R-KS, and Mike Joanns of NE, along with other senators.

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Friday, August 10,2012

Who's really jacking up rents?

by DTN
Cash rent auctions in the $400-an-acre-and-up range have made headlines in the farm press the past two seasons. But that’s not indicative of what operators pay when they blend costs from all rental parcels, crop-share leases and owned land into a total-farm average.

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Friday, August 3,2012

High DDG prices likely to affect exports

by DTN
Through May, China was buying 100 percent more DDG than a year ago. Exports to South Korea were up almost 60 percent and South Korea’s purchases were higher as well. Unfortunately, markets in Canada were down 22 percent and Mexico was down 15 percent..

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Friday, July 27,2012

Higher beef prices will revive finely textured product

by DTN
Tight beef supplies and increased food prices will bring lean finely textured beef (LFTB), labeled as “pink slime” by the media, back to consumers’ plates, according to “LFTB: Beef’s Latest Battleground for Survival,” a report released last Wednesday by researchers at Rabobank’s Food and Agribusiness Research and Advisory.

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Friday, July 27,2012

CRP opens up pastures

by DTN
USDA authorized emergency grazing and haying on eligible CRP land after the primary nesting period in 394 counties in 11 states: Arkansas, Colorado, Indiana, Kansas, Missouri, Nebraska, New Mexico, Oklahoma, Texas, Utah and Wyoming, to help provide relief for farmers short of forage.

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Friday, July 20,2012

EPA drops CAFO reporting rule

by DTN
Concentrated animal feeding operations (CAFOs) will not be required to report proprietary information to the Environmental Protection Agency (EPA) after the agency dropped a proposed rule that ag interest groups said would have jeopardized privacy and security for livestock producers.

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Friday, July 13,2012

Suit alleges roughly $200 million of segregated customer funds missing

by DTN
Roughly $200 million of segregated customer funds are missing from the bank accounts of Peregrine Financial Group (PFG), a brokerage firm based in Cedar Falls, IA, and Chicago, the Commodities Futures Trading Commission (CFTC) alleged in a lawsuit filed last Tuesday morning.

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Friday, July 13,2012

State decision affects irrigators in western South Dakota

by DTN
According to agriculture census data from USDA, there are 359 farms in Custer County and about 601,000 acres of farm land. Total ag sales in the county were about $14.4 million in 2007. About three-fourths of agriculture land in the county is dedicated to pasture.

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