Latest News From Industry

Jerry Gulke's the Rest of the Story offers in-depth markets analysis.
Soybean Technical Picture Tells the Story

As is so often the case, technical action (price changes) can predict fundamental changes in price direction market, and often does sometimes weeks in advance. 

Know How To Play The Market Game Before An Event Gets Here
Know How To Play The Market Game Before An Event Gets Here

Bob Utterback and Brian Basting stop by the agribusiness desk with AgDay host Clinton Griffiths.

Tractor Tales: 1951 John Deere R
Tractor Tales: 1951 John Deere R

This week on Tractor Tales, Machinery Pete heads to Oklahoma.

Carnivores are tired of the "shaming" by vegans and vegetarians.
Murphy: An End to Meat Shaming

Our ‘callout culture,’ in which we lob insults at those who don’t conform to our personal ideology, fashion standards or lifestyle choices, has only exacerbated the ‘meat vs. veggie’ battles.

U.S. Farm Report commentator John Phipps.
John’s World: The Baby Bust of 2017

John Phipps is like many farmers and hasn't started planting. He has some extra time on his hands this week.

<p>Ocean going container ship owned by the world's largest shipping company, Maersk.</p>
Blockchain Technology Enters Shipping Sector

Despite globalization of e-commerce, many shipping lines still rely on the "paper trail" to track cargoes.

The European Union has decided to ban meat imports from 20 Brazilian plants amid concerns about sanitary controls.
EU Bans Meat Imports from 20 Brazilian Plants

Brazil plans to file protest with WTO following EU decision to ban meat imports - mostly poultry - from 20 Brazilian plants.

Markets Now: “Crazy” Explosive Volatility In Next Two Years
Markets Now: “Crazy” Explosive Volatility In Next Two Years

Brian Basting of Advance Trading, Inc. and Bob Utterback of Utterback Marketing are on U.S. Farm Report this weekend.

This tool, developed by four Penn State students, uses algorithms to analyze street level data visualizations on Google Maps to determine the greatest probability of frost for the entire night, their website explains.
Digital Tool Uses Algorithms To Detect Freeze Events Days In Advance

This tool, developed by four Penn State students, uses algorithms to analyze street level data visualizations on Google Maps to determine the greatest probability of frost for the entire night, their website explains.

Millennials are given many characterizations - the newest that they can't stand handling meat.
Murphy: Generation Snowflake

The bar just got lowered on how far people will go to avoid contact with their food — for a reason that underscores how out-of-touch young people have become in this ‘enlightened’ age.

Concerns Over Trade Weigh Heavily on Rural Bankers
Concerns Over Trade Weigh Heavily on Rural Bankers

Rural bankers are worried how trade tension between the US and China will impact the rural economy.

Cricket flour is one of the novel protein sources PepsiCo is testing for use as an ingredient in snack foods such as Cheetos and Quaker Granola Bars.
Consumers Not Enthused By Cricket Flour

Cricket flour is reportedly one of the novel protein sources PepsiCo is testing for use as an ingredient in snack foods such as Cheetos and Quaker Granola Bars.

Cold Weather May Cap U.S. Corn Acres, But What About Yield?
Cold Weather May Cap U.S. Corn Acres, But What About Yield?

Unless yields soar to never-before-seen highs, the United States this summer will certainly harvest the smallest corn crop in three years since the production volume may not be padded by a boost in plantings.

Finally, a vegan who doesn't hate omnivores.
Murphy: A Compassionate Veggie?

No, that’s not an oxymoron, but rather an accurate description of a species long thought to be on the endangered list: A dedicated vegan who opposes activists’ “Meat is Murder’ mantra.

Do consumers understand what "organic" means? The government thinks so.
Murphy: Organic About-Face

On one hand, USDA’s decision to walk back proposed rules for organically raised livestock makes regulatory sense. On the other hand, its official explanation is very confusing.

AgriTalk After the Bell
AgriTalk After The Bell: An “Historic” Weather Pattern

AgriTalk After The Bell Host Chip Flory talks weather today with Mike Tannura of T-Storm Weather. Newsman Davis Michaelsen also catches you up on the days market action.

Feeder cattle sinks 4.5-cent limit and lean hog contracts finish mixed.
Profit Tracker: Packers Turn Tidy Profit

Feedyards lost an average of $43 per head last week, nearly $7 more than the week before, while packer profits remain in triple-digits.

Marty Robert Maahs, 33, turned himself into the Jackson County Sheriff’s Department on April 12 after a warrant was issued for allegedly embezzling more than $1 million from a bank loan involving cattle.
Million Dollar Cattle Embezzlement Case Lands Oklahoma Man in Jail

Marty Robert Maahs, 33, turned himself into the Jackson County Sheriff’s Department on April 12 after a warrant was issued for allegedly embezzling more than $1 million from a bank loan involving cattle.

Should alt-meats follow the same regulations as meat, and if so, what will that mean to the fledgling business model?
Murphy: Setting a Trap for Alt-Meat?

As alt-meat products continue to make inroads in the marketplace, two industry groups are taking differing approaches to how they should be labeled. But is one of them playing chess?

<p>Greg "Machinery Pete" Peterson</p>
Machinery Pete: All-Time High For Used Skid Steer Values

Mondays on AgDay mean Machinery Pete.

Here's news from companies associated with animal agriculture.
Company News: Tonisity, Diamond V and GlobalVetLINK

Tonisity and GlobalVetLINK add people and Diamond V celebrates 75 years with production expansion.

The 100th meridian west (solid line) has long been considered the divide between the relatively moist eastern U.S., and the more arid West. Climate change may already have started shifting the divide eastward (dotted line).
Climate Boundary Shifting East Due to Global Warming

Agriculture on the Great Plains in the coming decades may be adversely affected by a shifting of the climate boundary due to global warming, says Richard Seager, a climate scientist at Columbia University.

Winter weather refuses to lose it's grip on northern U.S.
Winter Storm Warnings in 6 States; Severe Thunderstorms In Midwest

It might be spring on the calendar, but a major winter storm system, bringing snow and blizzard conditions is rolling through parts of the Plains and the Midwest Friday through the weekend.

Markets Now: Livestock Markets, Crops, Dicamba Uncertainty
Markets Now: Livestock Markets, Crops, Dicamba Uncertainty

Last week, Purdue. This week, U.S. Farm Report is on the road at Mizzou.

Cattle are seen near the flames of the Lodgepole Complex fire in Garfield County, Montana, U.S. July 21, 2017.
Man Barely Escapes Oklahoma Wildfire

WIldfires rage in Western Oklahoma as residents rush to save livestock.

The Iowa Pork Producers Association encourages restaurants to claim the title of "Best Tenderloin."
16th IPPA Tenderloin Contest Set to Begin

There are many Iowa restaurants that serve great breaded pork tenderloin sandwiches and the Iowa Pork Producers Association is ready to launch the search for the state's best.

Is Now The Time To Grow Your Operation?
Is Now The Time To Grow Your Operation?

Michael Langemeier, ag economist at Purdue University, talks about if now is the right time to expand your operation on AgDay.

<p>Grain bins</p>
Three Ways To Prevent Injury In Your Grain Facility

Grain industry injuries range from grain bin explosions and entrapment to respiratory diseases. Most incidents can be avoided however through proper maintenance, procedures and training.

Some questions make sense. Others are ...unusual.
Murphy: Bordering on the Ridiculous

Young people have many questions about diet and health — and all kinds of misconceptions, as well. But even a university professor wasn’t ready for one student’s outrageous question.

Isolated Tornadoes Loom Across Central, Southern U.S.
Isolated Tornadoes Loom Across Central, Southern U.S.

A severe, multi-day outbreak of tornadoes and thunderstorms is expected to hit the mid-section of the country this coming weekend.

Don’t let surprise production expenses derail your profit goals
The Rescue Budget: Dial in These Five Midseason Costs

Don’t let surprise production expenses derail your profit goals

The Netherlands is the most-expensive country to buy farmland in Europe.
Which European Countries Have the Most Expensive Farmland?

Here are the countries with the highest farmland prices in European Union member states, according to a new report (featuring 2016 data) from Eurostat.

Scholarships help defray costs and encourage students to consider a career in the pork industry.
Pork Checkoff Announces the 2018 Pork Industry Scholarship Recipients

The Pork Checkoff has awarded 21 scholarships to college students around the U.S. as part of its strategy to develop the pork industry’s future leaders.

The Inner Workings Of The Purdue Ag Economy Barometer
The Inner Workings Of The Purdue Ag Economy Barometer

The Purdue/CME Group's Ag Economy Barometer is released every month. But what does it all mean?

Prices being paid for high-quality Illinois farmland, as well as cash rents stayed essentially flat in 2017.
Illinois Farmland Values Mostly Stable in 2017

Prices being paid for high-quality Illinois farmland, as well as cash rents stayed essentially flat in 2017.

Chinese tariffs and increasing supplies are pressuring prices—enough to put a hard stop to expansion.
Hurt: Low Prices Enough to Stop Pork Expansion

Chinese tariffs and increasing supplies are pressuring prices—enough to put a hard stop to expansion.

<p>These fed cattle primarily of Hereford-influence are nearing a slaughter weight.</p>
Profit Tracker: Feeding Margins Fall To The Red

Remaining cattle feeding profits were erased last week with a $4 decline in the cash market.

Appropriate timing is an important part of efficient manure application.
Carefully Approach Spring Manure Applications

Appropriate timing is an important part of efficient manure application.

How Important Are U.S. Protein Exports to China?
How Important Are U.S. Protein Exports to China?

Last week, China announced its 25 percent tariff on pork. As tariff talks escalated, China has talked about possible tariffs on some beef products.

Brazil’s Marfrig Global Foods would become the world’s second-largest beef processor after acquiring the U.S. company National Beef Packing Co. 
Brazil's Marfrig Acquires National Beef for $969 Million

Brazil’s Marfrig Global Foods would become the world’s second-largest beef processor after acquiring the U.S. company National Beef Packing Co. 

MP-040918-NearRecordAuctionPricesAfterTariffNews
Machinery Pete: Near-Record Auction Prices After Tariff News

Machinery Pete reports on two strong auctions in North Dakota last week.

 John's World: What's a Fair Rent Price?
John’s World: What’s A Fair Rent Price?

Over the last few years, the average break even crop price has dropped. According to Purdue University, some of that can be attributed to softening farmland rental rates.

Exports accounted for 13.6 percent of total beef production and 27.8 percent of total pork production in February 2018.
U.S. Red Meat Exports Outpace Year-Ago Levels in February

Exports accounted for 13.6 percent of total beef production and 27.8 percent of total pork production in February 2018.

U.N. FAO: World Food Prices Rise 1.1% in March
U.N. FAO: World Food Prices Rise 1.1% in March

World food prices rose in March from the month before, driven by increases in grains and dairy costs, the United Nations food agency said on Thursday.

The dust-up over Valley Oaks Steak Company’s proposed feedlot expansion underscores the need to for agriculture to communicate with consumers.
Wareham: Valley Oaks Issue Requires Collaboration

The dust-up over Valley Oaks Steak Company’s proposed feedlot expansion underscores the need to for agriculture communicate with consumers.

Sentiments Drift in March Ag Economy Barometer
Sentiments Drift in March Ag Economy Barometer

The Purdue Ag Economy Barometer was released on Tuesday. Trade and tariffs are weighing on producers' minds.

Tensions Grow Over MO Feedlot Expansion
Tensions Grow Over MO Feedlot Expansion

Americans want good, safe food, but they don’t want to smell the process. That might best describe the growing tensions between Valley Oaks Steak Company and its neighbors in western Missouri.

When questioned about the impact this potential trade war could have on farmers, Agriculture Secretary Sonny Perdue said agriculture is ready for the fight.
Perdue On China Tariffs: ‘Farmers Are Patriots’

Farmers brace to take the brunt of a trade war with China.

The government is suspiciously quiet on regulations regarding lab-derived meat products.
GAO: Where are Regulations on Alt-Meat?

The Ranking Member of a House subcommittee wants the Government Accountability Office to review the [lack of] regulations regarding the manufacture and marketing of alt-meat products.

<p>Farmland</p>
Farmland Sale Snapshot: 3 Recent Sales Top $10,000/Acre

Demand for high-quality, productive farmland remains strong, according to recent farmland sales data. Here are results from three February 2018 farmland auctions, where prices topped $10,000 per acre.