Thompson: food security is national security

The chairman of the U.S. House Agriculture Committee says USDA’s National Farm Security Action Plan will protect U.S. farmers and ranchers. “Not just our farmland, but our production, science, technology and innovation.” G.T. Thompson says through executive action, Ag Secretary Brooke Rollins will be added to the Committee on Foreign Investment in the United States,…Continue Reading

Cattle futures supported by higher boxed beef

Cattle futures supported by higher boxed beef

At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher, with boxed beef up at midday, ahead of the week’s direct business.  August live cattle closed $4.07 higher at $219.97 and October closed $3.87 higher at $216.82.  August feeder cattle closed $5.40 higher at $319.12 and September feeder cattle closed $5.65 higher at…Continue Reading

Excessively wet conditions affect central MO crops

A farmer in central Missouri says the crops are hit-and-miss due to the excessively wet conditions. Jay Fischer raises corn and soybeans in Callaway County. “I don’t think I’ve ever had a year where we started planting at the end of March and are still trying to plant the wet spots the first week of…Continue Reading

Fundamentals for cattle market support even higher prices

A livestock economist says the cattle market is positioned to move higher.   Josh Maples with Mississippi State University Extension says, “Tight supplies is really what’s driving what we’re seeing right now.” The average live steer price for the five-market area is already running $32 per hundredweight above last year’s levels. “Prices for feeder cattle…Continue Reading

Study underscores economic contributions of corn refining

A new study underscores the economic contributions of corn refining. Corn Refiners Association president John Bode says the independent analysis commissioned by the association focused on the financial implications of displacing high fructose corn syrup in the U.S. food supply. “I thought it was stunning (that) they found that the average corn price would drop…Continue Reading

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