Managing risk in a volatile market

The cattle market has seen big swings in recent weeks, making it even more important for producers to protect their investments. Jackie Moore the owner of the Joplin Regional Stockyards in Missouri, one of the largest sale barns in the country, says market volatility makes risk management more challenging. “This environment that we’re trading in…Continue Reading

SNAP in America: When Feeding Millions Becomes a Wake-Up Call

Commentary. The Supplemental Nutrition Assistance Program (SNAP) feeds more than 41 million people in America every month. That’s roughly one in eight people in this country. Let that sink in. In the wealthiest nation on Earth, tens of millions of our fellow citizens and some non-citizens living here depend on government assistance to put food…Continue Reading

Live cattle lower waiting on direct business

At the Chicago Mercantile Exchange, live cattle were lower, and feeders were mixed ahead of the week’s direct business. December live cattle closed $1.35 lower at $227.20 and February live cattle closed $.60 lower at $226.40.  January feeder cattle closed $.32 higher at $329.15 and March feeder cattle closed $.10 higher at $323.32.  Direct cash…Continue Reading

Corn market strengthens slightly ahead of USDA report

Soybeans were mixed, with nearby contracts down and deferred months up. The trade is waiting for more confirmation of Chinese demand for U.S. soybeans. U.S. soybean prices are at a premium to Brazil, and China usually buys the cheaper beans. Beans remain cautiously optimistic about that pledged demand over the next three years by Beijing…Continue Reading

Farmers weigh input costs and grain prices heading into winter

Farmers continue to assess commodity prices and the cost of inputs heading into winter. Southwest Iowa farmer Ray Gaesser says it’s been a difficult year to market grain. “Prices are still struggling for corn and beans somewhat,” Gaesser said. “Glad to see the beans come up about a dollar here in the last month or…Continue Reading

Avian influenza surge tests Minnesota turkey industry’s readiness

Instances of highly pathogenic avian influenza are on the rise in the nation’s largest turkey-producing state.  Minnesota Turkey Growers Association executive director Ashley Kohls says cases this fall have climbed into the upper teens. “But unfortunately also that’s a pretty high percentage of nationwide cases with Minnesota being number one in turkey (and) having the…Continue Reading

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