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Friday, April 3,2009

Weather remains an unknown for alfalfa production

by DTN
Barring any unforeseen weather factors, the coming growing season should be favorable for alfalfa, according to Dr. Bruce Anderson, professor of agronomy at the University of Nebraska- Lincoln. Conditions are good for a pretty favorable growing season so far, Anderson said.

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Friday, March 20,2009

Feed ban regs delayed

by DTN
The Food and Drug Administration (FDA) said last Wednesday that it will allow a 60-day delay on implementing more stringent feed ban regulations for livestock feed ingredients. The regulations, meant to help prevent any potential spread of bovine spongiform encephalopathy.

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Friday, March 20,2009

New Mexico Senate passes wildlife bill

by DTN
Legislation aimed at stopping the slaughter of wildlife that are munching on crops has passed the state Senate and now goes to the House. Under the bill, ranchers and farmers could no longer kill wildlife on private land unless the animals were predators threatening people, pets or livestock.

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Friday, March 13,2009

Credit problems for ag likely to be limited

by DTN
While strong 2008 incomes and years of conservative borrowing have kept U.S. farmers in a relatively good credit situation heading into planting season, the long-term outlook is less positive, analysts said.

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Friday, March 13,2009

USDA cuts corn, soybean ending stocks

by DTN
USDA last Wednesday lowered both U.S. corn and soybean ending stocks for 2008-09 as higher ethanol use buoyed corn usage while soybeans got a bump in record exports to China. ?U.S.

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Friday, February 27,2009

Horse slaughter bill moves forward

by DTN
The Montana House of Representatives strongly endorsed a bill that paves the way for construction of a horse slaughterhouse in Montana and aims to bring the industry back to the U.S. Backers said ranchers and those who own horses have been struggling ever since all the slaughterhouses in the country were closed down.

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Friday, February 27,2009

Japanese consumers buying lower-priced cuts of meat

by DTN
Japanese consumers have shifted their buying habits to lower-priced cuts of meat and U.S. beef exporters can take advantage of that move, but must overcome an unfavorable exchange rate hurdle. Still, the beef exporters will have to accept a partial consumer shift to other protein sources as well, market observers say.

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Friday, February 27,2009

Ethanol industry called sound

by DTN
The state of the ethanol industry is decidedly different than it was just months ago, but Renewable Fuels Association President Bob Dinneen told industry representatives last Tuesday at the National Ethanol Convention that despite the tough economic times, he believes the ethanol industry will emerge better for it.

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Friday, February 27,2009

Land values softened in 2008; no price collapse seen in 2009

by DTN
Land values fell in the fourth quarter of 2008, but so far in 2009, land is holding its own, slightly off last years highs. Land prices in the fourth quarter were down 6 percent in Iowa and 3 percent in Illinois, according to the Federal Reserve Bank of Chicago.

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Friday, February 20,2009

Bill would add regulatory oversight to credit-default swaps

by DTN
Commodity Futures Trading Commission (CFTC) Commissioner Bart Chilton is endorsing a bill that would strengthen CFTC?s regulatory powers, but Chilton says he believes CFTC should have authority to launch criminal investigations. CFTC regulates the grain, meat and financial futures exchanges in Chicago, New York, Kansas City and Minneapolis.

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