Public Affairs
Late last night the House Agriculture Committee completed work on their version of the Farm Bill passing HR 1947, the Federal Agriculture Reform and Risk Management Act (FARRM) by a vote of 36-10.  The House action follows passage of S 954, the...

“The Senate Agriculture Committee today put the farm bill on a solid road toward success. By following a bipartisan path and approving its farm bill legislation, the committee moved the farm bill forward with provisions that work well for...

“The Agriculture Department’s announcement that it will require full environmental impact statements for new corn, soybean and cotton crops developed through biotechnology to be herbicide-resistant is troubling.” “Most disturbing is that...

Market Updates
  • Market Closes – May 20, 2013
    Corn Planting for the 18-States came in at 71%, at the high end of trade expectations.  Planting is now only 8 points behind the 5-year average. Kentucky planting advancement was much slower than the Corn Belt this past week.  KY at 56 pct is now...

  • Market Update – May 20, 2013
    The CBOT board is all RED except for old-crop soybean and soybean meal futures where tight old-crop supplies keep sellers at bay. July Corn futures traded higher overnight but sold off this morning before the pit-trade started. The July was turned...

  • Market Closes – May 17, 2013
    The concern over old-crop supplies of corn and soybeans in the U.S. drove market action today as active bull-spreading (buy nearby/sell deferred contracts) resulted in sharp gains for July futures. However, wheat futures have disconnected from the...