Tranel: Extend emissions changes to ag equipment

The Trump administration has proposed easing automobile gas mileage and emissions regulations, and a Wisconsin legislator is asking USDA to also include agricultural equipment in the reforms. Farmer and State Representative Travis Tranel says, “If they can apply that principle to vehicles, I don’t know why they couldn’t extend that same courtesy to agriculture.” Tranel…… Continue Reading

NCBA president-elect says supply demand justifies beef prices

The president-elect of the National Cattlemen’s Beef Association contends retail beef is appropriately priced.  Gene Copenhaver, who operates a stocker operation in southwest Virginia, says supply and demand justifies what consumers are paying for beef. “We don’t think it’s too high. As a producer, we think it’s demand and supply. And if you look at…… Continue Reading

Soybeans, corn see losses ahead of upcoming USDA, CONAB numbers

Soybeans were lower on fund and technical selling, compounding what would have already been week-to-week declines. The USDA says China bought 462,000 tons of U.S. beans Friday morning, fulfilling some of the recent trade rumors. There continue to be questions about the timing of China’s purchases, but U.S. beans are being bought and shipped, even…… Continue Reading

Cattle, hog futures higher to end the week

Cattle, hog futures higher to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were supported by sharply higher direct business.  February live cattle closed $3.15 higher at $227.15 and April live cattle closed $2.50 higher at $227.67.  January feeder cattle closed $2.47 higher at $339.05 and March feeder cattle closed $3.57 higher at $333.30.  There was a light round…… Continue Reading

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