Sep 2, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

AgDay Daily Recap -September 30, 2013

September 30, 2013
 
 

TODAY ON AGDAY

SEPTEMBER 30, 2013

 

FARM BILL EXPIRES:

TURMOIL IN WASHINGTON KEPT U.S. STOCKS AT BAY FRIDAY...ENDING THE WEEK LOWER FOR THE FIRST TIME IN FOUR. AS A NEW WEEK BEGINS ONE THING IS CERTAIN, THE 2013 FARM BILL EXTENSION WILL EXPIRE AT MIDNIGHT TONIGHT.

FEEDER CATTLE RALLY:

CORN PRICES HAVE BEEN DROPPING WHICH WORKS IN FAVOR FOR FEEDLOTS.
MARKET WATCHERS SAW A SIX-DOLLAR PER HEAD RALLY IN NOVEMBER FEEDER CATTLE PRICES LAST WEEK. OUR PARTNERS AT BEEF TODAY SAY MARKET FUNDAMENTALS GOING FORWARD SUGGEST THAT TREND WILL CONTINUE. THIS EVEN AS CATTLEMEN PREPARE TO BUY STOCKERS FOR GRAZING WINTER WHEAT IN THE SOUTHERN PLAINS.

CHECKOFF:

MEANWHILE, THERE APPEARS TO BE FEWER CHECKOFF DOLLARS IN THE COFFERS TO PROMOTE BEEF. THE CATTLEMEN'S BEEF BOARD OPERATING COMMITTEE CUT MORE THAN A MILLION DOLLARS FROM ITS 38-MILLION DOLLAR PROPOSED BUDGET. THEY SAY REVENUE IS LOWER DUE TO LOWER CATTLE NUMBERS AND SALES.

HUMANE SOCIETY:

A LAWSUIT BY THE HUMANE SOCIETY OF THE UNITED STATES OR HSUS-- AGAINST THE NATIONAL PORK CHECKOFF PROGRAM HAS BEEN DISMISSED. A FEDERAL JUDGE RULED THAT HSUS AND THE OTHER PLAINTIFFS DON'T HAVE THE LEGAL STANDING TO CHALLENGE HOW THE NATIONAL PORK BOARD SPENDS CHECKOFF DOLLARS.

READ MORE
Previous 1 2 3 ... Next

See Comments

RELATED TOPICS: Daily Recap

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions