Dave Lehman- CME Group

ISA showcases research at FPS
The Iowa Soybean Association showcased the activities of its On-Farm Network and Environmental Programs and Services teams at this year’s Farm Progress Show.  ISA research specialists were on hand to discuss specific replicated strip trials and projects from areas across the state and to work with farmers to determine what opportunities might exist on their [...]
For the love of wild mustangs
This is a small slice of the story of Alan Day’s efforts to manage wild mustangs.  In the 1980s, the Tucson, Arizona cowboy acquired his third ranch in southern South Dakota.  As Alan Day tells the story, on his ranch, he managed wild mustangs that were owned by the U.S. Bureau of Land Management. His [...]
NCR-SARE grants available
The 2015 North Central Region - Sustainable Agriculture Research and Education Program (NCR-SARE) Farmer Rancher Grant Call for Proposals is now available. Farmers and ranchers in the North Central region are invited to submit grant proposals to explore sustainable agriculture solutions to problems on the farm or ranch. Proposals should show how farmers and ranchers [...]
Another good week in the dairy markets
Cash cheese and butter were higher on the Chicago Mercantile Exchange on Friday along with Class III futures.  For the week, cash cheese barrels up 8.5 cents, blocks up 6.75 cents, cash butter down 6.75 cents, nonfat dry milk up 2.5 cents.  September Class III futures increased $1.42, October gained 43 cents and November up [...]
Strong emotions in MO dairy bill veto
Missouri dairy industry leaders say a subsidy on federal insurance that the legislature approved would help slow the decline in the number of dairy farmers in the state and keep dairy prices low for Missouri consumers. Governor Nixon vetoed the ag bill, which contained a controversial provision. Missouri Dairy Association President Larry Purdom – at [...]
EU to help dairy producers
The European Commission announced it will offer Private Storage Aid to pay for the storage of butter, skim milk powder and some cheeses for three to seven months.  Farm milk prices have plunged in Europe since Russia banned imports from countries which imposed sanctions on them. A draft proposal will be presented to the Commission [...]
Water issues big topic at FPS 2014
Water was a big topic at this week’s Farm Progress Show, which was cut short by too much water. Iowa Agriculture Secretary Bill Northey says farmers have historically engaged in conservation and have worked to improve runoff. Northey told Brownfield farmers are working harder to make improvements with more tools now available to do it. [...]
Quiet, mixed session ahead of Labor Day weekend
Soybeans were mixed on commercial buying against speculative selling. Unknown bought 123,000 tons of new crop U.S. and overall demand remains strong. Still, the longer term fundamentals are bearish and traders expect a record crop. Soybean meal was higher and bean oil was lower on the adjustment of old crop/new crop spreads. First notice day [...]
Standability not seen as a problem
When you have the potential for extremely high yields in corn, as is the case this year across most of the Midwest, standability can become an issue.  But University of Illinois Extension agronomist Dr. Emerson Nafziger doesn’t think standability will be a problem this fall. “The conditions in the mid-summer were so good that we [...]
Another record year for ag exports
The U.S. is on its way to another record year in agricultural exports. Agriculture Secretary Tom Vilsack tells Brownfield that, by the end of this fiscal year on September 30th, exports will have set another new record. “(A record) 152.5 billion dollars of ag exports, as well as a trade surplus record of 43 billion [...]

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