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Sept. 4 USDA weekly weather update

2013-09-05 18:42:00| Corn & Soybean Digest

Source: USDA A stubborn ridge of high pressure left much of the Corn Belt under a hot, dry weather regime, further reducing corn and soybean yield prospects. Dryness, which first appeared in the western Corn Belt (e.g. much of Iowa and northern Missouri) during the second half of June, has expanded in recent weeks to encompass much of the Midwest. read more

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USDA Forecasts Increase in 2013 Farm Income

2013-08-29 18:19:00| National Hog Farmer

Source: U.S. Department of Agriculture The U.S. Department of Agriculture (USDA) Wednesday released a report from USDA’s Economic Research Service projecting an increase in farm income for 2013. Agriculture Secretary Tom Vilsack released the following statement in regard to that report: “This week's forecast of a $6.8 billion increase in net farm income is a testament to the resilience and productivity of U.S. farmers and ranchers, and a further sign of the positive momentum they have achieved over the past five years. read more

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August 23, 2013 USDA National Feeder Cattle Summary | Could Feeder Market Be Running Out Of Gas?

2013-08-26 03:37:00| Beef

For the week ending Aug. 23, feeder calves and cattle sold steady to $4 higher across the nation as cattle backgrounders and feeder cattle buyers aggressively tried to get their hands on calves. In fact, trading was just as active on heavier yearlings weighing over 800 lbs. as it was for lightweight steers ready to turn out. read more

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Aug. 12 USDA Crop Report Analysis

2013-08-20 19:50:00| Corn & Soybean Digest

There has been a lot of uncertainty in many portions of the major corn and soybean producing areas of the United States during the 2013 growing season, which lead to a very highly anticipated Aug. 12 USDA Crop Report. Large areas of Iowa, Minnesota, Wisconsin and North Dakota were severely impacted by very late planting, which lead to a significant amount of prevented planted crop acres. Much of this same region was also negatively impacted by excessive rainfall in May and June, and is now dealing with concerns related to slower than normal crop development, due to very cool temperatures in late July and early August. Focus on Ag read more

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USDA Forecasts Record Corn Crop

2013-08-19 23:11:00| National Hog Farmer

By P. Scott Shearer, Bockorny Group, Washington, DC The U.S. Department of Agriculture (USDA) is projecting this years corn crop to be a record-high 13.8 billion bushels. This would be 28% over last years crop. The forecast estimates 97.4 million acres planted to corn and an estimated corn yield of 154.4 bushels per acre. This would be the third-highest yield on record. However, USDAs estimates were below what was expected by the grain trade. read more

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