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 National

Police raid home of gunman in Mohammad cartoon attack

Local police and FBI investigators collect evidence and survey the scene where two gunmen were shot dead, after their bodies were removed in Garland, Texas May 4, 2015.

Police and FBI searched the apartment of a gunman who allegedly opened fire outside a Texas exhibit of caricatures of the Prophet Mohammad.

in Agriculture

FSA Administrator Predicts Farm Payments for 2014

Val Dolcinin

The farm bill signup isn’t even fully completed, but the head of the Farm Service Agency is predicting there will…

in Agriculture

Mandatory Livestock Price Reporting Bill Advances

Capitol 2014

The House Ag Committee has approved the Mandatory Price Reporting Act. It reauthorizes livestock mandatory price reporting which was set…

in National

Former CEO Carly Fiorina enters White House race

Potential Republican presidential candidate former Hewlett-Packard CEO Carly Fiorina speaks at the Iowa Faith and Freedom Coalition's forum in Waukee, Iowa, April 25, 2015.

Former Hewlett-Packard Co Chief Executive Carly Fiorina is running for president, becoming the only woman in the pack of Republican candidates for the White House in 2016.

in National

NATO starts anti-submarine exercise as tensions with Russia rise

The U33, a Germany 212 class submarine prepares for Operation Dynamic Mongoose near Bergen on Norway’s western coast, May 3, 2015.

More than a dozen vessels from 11 countries are participating in the "Dynamic Mongoose" exercise in the North Sea.