Agriculture News

• Bipartisan U.S. House Group Produces Tentative Immigration Plan
  
  05/17/2013
  With ‘an agreement in principle,’ House lawmakers will begin drafting legislation to be introduced in early June. But hurdles remain.
• Wheat Heading for Biggest Weekly Drop Since March on Output Gain
  
  05/17/2013
  Wheat slid, heading for the biggest weekly drop since March, on signs that global production will rise to a record as exports lag behind last year’s pace in the U.S., the world’s top shipper. Corn rose, while soybeans fell.
• Markets Focus on Rapid Planting Pace
  
  05/17/2013
  Heading into this week, corn planting was running at its slowest pace in nearly 30 years. That all changed as the week progressed.
• Power Hour: Farm Debt on the Increase
  
  05/17/2013
  This year appears to be a sanguine one for farm finances, with high projected farm incomes in 2013 projected to keep U.S. farm debt and leverage low.
• Farmland Value Up; Export Demand Down
  
  05/17/2013
  Farmland value continues to rise, but has moderated. Exports need to create demand, which is typically done with lower prices. Japan, the No.1 corn importer, struggles with the value of the yen.
• AgWeb Radio: Weekly Dairy Market Wrap 5-17-13
  
  05/17/2013
  Robin Schmahl, Hedge and Marketing Specialist with AgDairy, says futures fell then finished higher at week's end. Block and barrel cheese price spread narrowed. Very good activity in the cash markets. The Global Dairy Trade Auction saw prices decline. The Foreign Ag Services reported butter exports were up 200.1%.
• Sell Land to Build Up Savings?
  
  05/17/2013
  Farmers are typically in search of farmland to buy, but Farm Journal Economist Bob Utterback thinks maybe farmers should also consider selling.
• Hesston Rolls Out 25,000th Large Square Baler
  
  05/17/2013
  In 1978, the large square baler became the efficiency solution to challenges of higher input costs and more production.
• Dairy Carbon Footprint 2% of U.S. Total
  
  05/17/2013
  Large dairy operations tend to have lower green house gas footprints because of more efficient feed conversion.

USDA Reports Wire

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• Cattle on Feed

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