Machinery
U.S. Energy Information Administration releases data.
Heat and dryness continue to stress pastures in these regions.
Where rains fell, some drought improvement was noted.
The U.S. economy is projected to grow at a rate of 2% in the third quarter.
With the remnants of Isaac moving slowly through the Midwest, drought conditions eased.
The U.S. Energy Information Administration reports weekly nationwide natural gas consumption up 0.6%.
Iowa Fertilizer Company is expected to produce 1.5-2 million metric tons annually.
Quiet trade seen overnight as traders reevaluate positions.
This is good news as winter wheat planting is underway in some regions.
Farm bill timeline inevitability starts to emerge.
On CNBC’s “Squawk Box” this morning, Pro Farmer Editor Chip Flory was interviewed on how Hurricane Isaac might further impact the already battered crop.
Rain is also expected for these regions.
The Nitrogen Complex is the first of many heavy industrial complexes in the area to reopen after Hurricane Isaac.
Some late-developing beans could still benefit from precip.
Denise Schwab from the Iowa State Extension Beef Program shares her thoughts on feeding this year’s drought damaged corn as silage.
During the next five days the remnants of Hurricane Isaac will continue to move inland and impact Louisiana, Arkansas, Missouri, Illinois and Indiana.
Extremely dry weather has chapped and cracked Midwestern soils.
93% of Gulf oil production and 72% of natural gas output from the Gulf has been suspended.
Futures stabilize after yesterday’s late-session runup.
Limited improvement noted across the Midwest.
Late-season warmth persists for most of the country.
The Inputs Monitor Regional Index covers twelve midwestern states and includes weekly updates on fuel and fertilizer prices.
Continuation of 2008 Farm Bill, no change in RFS mandates key underlying assumptions in updated analysis.
Tight supplies and still-solid demand lift soybean futures, corn and wheat follow.
Heat is hastening crop development and stressing pastures.
Gary Wilde found the swiveling tool tray he built so handy that he made another one for the second workbench in his shop.