The director of the Illinois Department of Agriculture says federal trade policy is adding an unnecessary burden on farmers. “We’re in an economic crisis right now.” Jerry Costello says tariffs are driving elevated input costs even higher. “The tax or tariff on nitrogen has gone up 10%, on ag machinery it has gone up 13%.” …… Continue Reading
Dec. corn $4.21 and 3/4, up 2 and 3/4 centsNov. soybeans $10.17 and 3/4, down 1/4 centDec. soybean meal $277.10, down $1.50Dec. soybean oil 50.38, up 33 pointsDec. Chicago wheat $5.12 and 3/4, down 2 and 1/2 centsDec. live cattle $236.67, up $2.17Nov. feeder cattle $360.80, up $5.37Dec. lean hogs $87.27, down 2 centsNov. Class…… Continue Reading