House Ag Committee leaders heard strong support for reauthorization of the Commodity Futures Trading Commission as part of a subcommittee hearing Thursday. Walter Lukken is a former CFTC Commissioner and President and CEO of the Futures Industry Association. “Our markets have grown significantly,” he says. “Total trading volume on CFTC regulated exchanges in the U.S.…… Continue Reading
Taylor Swift’s Longtime Bestie, Abigail, Announces Pregnancy
Taylor Swift’s pal, Abigail Berard, cleverly reveals pregnancy with a nod to Swift’s lyrics, sparking joyful reactions from fans and celebs. Continue reading…… Continue Reading
Woman Missing After Night in Nashville Surprises Cops Searching
A search for Alexandria Chmiel began after 4AM and involved helicopters, drones and crews repelling down the banks of the Cumberland River. Continue reading…… Continue Reading
IL Soybean Association stressing need for new farm bill
The director of government relations with the Illinois Soybean Association says he’s disappointed the U.S. House will adjourn for the August recess without further movement on a new farm bill. Andrew Larson tells Brownfield… “There’s certainly a lot of concern that a farm bill may not pass before the end of this federal fiscal year,…… Continue Reading
Over 130 Pizza Hut Locations Just Declared Bankruptcy
Some of the biggest chains are struggling amid these hard times for retail. Continue reading…… Continue Reading
St. Louis area returns to close-to-normal water levels
Rivers around the St. Louis area have returned to more normal levels. Josh Hastings, ADM’s Commercial Manager of the St. Louis and Cairo harbors, says the recent high-water levels north of St. Louis slowed barge traffic. “What that did was it impacted our ability to go above lock 17 on the upper Mississippi. We have a lot of fertilizer and grains need…… Continue Reading
Delta crops look good as growing season progresses
Timely rains have benefited growers in the Delta region. Justin Payne, a Helena product manager based in Arkansas says precipitation at this point in the growing season takes some pressure off of farmers. “Margins are tight at the farm gate you know so that’s always top of mind for the grower and we’re just trying…… Continue Reading
Price pressure continues for grains
A commodity broker says weather continues to be one of the biggest challenges facing commodity markets. “There’s no doubt about it, we’re on a slippery slope right now.” Jody Lawrence, founder of Strategic Trading Advisors says there’s potential for the U.S. to deliver another record-large crop. “We can’t just keep producing fence row to fence…… Continue Reading
Upper Midwest farmers resilient amid flood recovery
Some Upper Midwest farmers remain resilient after inclement weather events recently impacted their operations. South Dakota farmer Darren Hefty, who also co-hosts Ag PhD Radio, says several flooding records were broken this summer after 8-to-10 inches of rain fell over a three-day period around Sioux Falls. “They got hit really hard. I feel for those…… Continue Reading
A hot, humid pattern ahead; diminishing rainfall chances for most of the Heartland
Looking ahead, the 6- to 10-day outlook calls for the likelihood of near- or above-normal temperatures nationwide, except for cooler-than-normal conditions in southern Texas. Meanwhile, below-normal rainfall across much of the western half of the country should contrast with wetter-than-normal weather in Deep South Texas, the Pacific Northwest, and most areas from the Mississippi River,…… Continue Reading
