Local

Photo: WNAX AM

USDA’s June supply and demand report was neutral to bearish on new crop corn ending stock with an increase to nearly 2 billion bushels.  Meanwhile old crop corn stocks were lowered 40 million bushels to 729 million.  Jonah Ford with Ceres Trading says even though USDA lowered harvested acres they are still projecting a record corn crop which raised the stocks.

Ford says USDA’s soybean acreage adjustments were comparable and ended up with a

Wheat ending stocks were lowered for both old and new crop due to an increase in feed wheat and exports.  The market quickly shrugged off the reports to trade weather.

Recent Headlines

in Agriculture

NCBA And Coalition Suing The EPA

Supreme Court

Today, a Coalition of 12 groups including the National Cattlemen’s Beef Association filed a lawsuit against the EPA and the…

in National

Bet you didn’t know: Fun facts about the Fourth

13-overlay

Even the most patriotic among us can learn something from these little-known facts about Independence Day.

in National

Stronger economy, cheap gas means more people on the road

gasprices

More than 40 million Americans are expected to hit the road for the long holiday weekend.

in Agriculture

New Biodiesel Facility in Yankton

Biodiesel Pump

The grand opening was held this week for a new biodiesel blending facility installed by Gerstner Oil in Yankton.

in Agriculture

Farmers Union Unhappy With USDA Beef Imports Decision

Beef

Farmers Union leaders are expressing extreme disappointment with USDA’s decision to allow importation of fresh and chilled beef from regions of Brazil and Argentina.