Farm margins narrowed in October

The Index of Prices Received by Farmers in October fell 8.4 percent from September.  The Crop Index fell 10 percent while the Livestock Index increased 4 percent.  Lower prices for soybeans, corn and milk more than offset higher prices for hogs, cattle and calves. The average price for corn in October was $3.28 per bushel... Read more »

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Wisconsin propane terminal nears completion

  CHS is nearing completion of the new propane terminal at Hixton, Wisconsin.  An open house was held Thursday with Governor Walker in attendance.   CHS vice president of propane, Drew Combs says, “The secure terminal, which uses modern automation and safety technologies, will be completed in mid-November.” CHS decided to build the terminal as part... Read more »

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Wisconsin dairy farm expansion will proceed

An administrative law judge says a Kewaunee County dairy farm may proceed with expansion with some additional groundwater monitoring at the site.  Judge Jeffrey Boldt ruled Kinnard Farms must install no less than six monitoring wells including at least two in fields where manure will be spread.  The judge also ordered Kinnard to modify their... Read more »

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NDB, DMI & UDIA leadership named

Leadership for the next year for the National Dairy Board, Dairy Management Incorporated and the International Dairy Foods Association has been elected. National Dairy Board chair is Zach Myers of Jonesville, North Carolina.  Vice chair is Harold Howrigan Jr. of Sheldon, Vermont.  Larry Shover of Delhi, Iowa is secretary and Ray Prock of Denair, California... Read more »

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Wisconsin Taste of Elegance entries sought

Entries are now being accepted for the Wisconsin Pork Association 2015 Taste of Elegance contest.  The contest is open to all employed chefs from a Wisconsin foodservice establishment.  Entry deadline is November 30th. Chefs will be asked to submit their recipe for their pork entrée, a copy of their restaurant’s menu, and a résumé.  Following... Read more »

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Another solid session for soybeans

Soybeans were higher on fund and commercial buying. There should be some good harvest progress reported Monday, but parts of the Eastern Midwest have seen more delays. In any event, domestic and export demand remain solid. Soybean meal and oil followed beans higher. Corn was higher on fund and commercial buying, along with spillover from... Read more »

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Wisconsin Corn Board seats up

Nominations are now being accepted for three seats on the Wisconsin Corn Promotion Board.  Districts 3, 5 and 6 are up for election this year. District 3 includes Forest, Florence, Marinette, Langlade, Oconto, Shawano, Door, Outagamie, Brown, Kewaunee, Winnebago, Calumet, Manitowoc, Fond du Lac, and Sheboygan counties. District 5 includes La Crosse, Vernon, Crawford, Richland,... Read more »

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A mixed week in the dairy markets

At the close of trading on the Chicago Mercantile Exchange on Friday, cash cheese barrels increased 4.5 cents, blocks gained a half-cent while there was no activity in butter and nonfat dry milk. For the week, cash cheese barrels up 18.75 cents, blocks unchanged, butter increased 8 cents while nonfat dry milk lost a half-cent. ... Read more »

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Feedlot cattle lightly traded

The trade volume totals in the cattle were generally light on Friday afternoon with feedlots resisting lower packer bids. Dressed sales in the North were about steady with last week at 265.00. Live business in both the North and the South appeared to be about 2.00 lower from 167.50 to 168.00. We will either see... Read more »

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Closing Grain and Livestock Futures: October 31, 2014

  Dec. corn closed at $3.76 and 3/4, up 2 and 3/4 cents Nov. soybeans closed at $10.46 and 1/2, up 22 and 1/4 cents Dec. soybean meal closed at $389.00, up $9.00 Dec. soybean oil closed at 34.80, up 49 points Dec. wheat closed at $5.32 and 1/2, down 3 and 1/2 cents Oct. live cattle closed at $169.50, down $1.00 Dec. lean hogs closed at $88.02, up 82 cents... Read more »

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