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home : ag & business : ag November 25, 2015

Price at the Pump printed November 18, 2015

Wednesday, November 18, 2015

Hog prices drop to six-year low
URBANA, Ill. — Live hog prices fell below $40 per hundredweight last week. According to Purdue University Extension economist Chris Hurt, this means hog prices are at their lowest level since November 2009. The source of the current downturn in prices has components from both supply and demand.
Wednesday, November 25, 2015

Argentine elections could reshape global export scene
TAYLORVILLE —The upcoming holiday has made it’s presence felt in the markets this week with light interest and limited price movements. Both corn and beans did feature an upward reversal on Monday, which was encouraging from a technical standpoint. The inability for that move to spark any buying interest, does, however, diminish its impact some.
Wednesday, November 25, 2015

Monsanto Fund sponsors scholarship program
TAYLORVILLE — America’s Farmers Grow Ag Leaders, in conjunction with the Monsanto fund, will be awarding $1,500 scholarships to more than 350 students nationwide.
Wednesday, November 18, 2015

Study: Crop prices and climate variables affect yield and acreage
URBANA, Ill. — When corn prices increase farmers reap higher yields by making changes. According to a recent University of Illinois study, about one-third of the yield increase derives from more intensive management practices and two-thirds from cropping additional acreage. Agricultural economist Madhu Khanna says the findings dampen the ongoing debate about the food price and land use changes due to corn ethanol.
Wednesday, November 18, 2015

Big export sales to Mexico featured in slow week of trade
TAYLORVILLE — Grain trade has been higher in two-sided trade this week. Fundamental news has been slow to develop and bull spreading has dictated much of the action despite some spill over pressure from the wheat market and some bearish weather items in South America. For the week, December corn is trading four cents higher while January beans are up nine cents.
Wednesday, November 18, 2015

LLCC to hold Agriculture Career Expo Nov. 23
SPRINGFIELD — Lincoln Land Community College is holding an Agriculture Career Expo Monday, Nov. 23. The event is being held in the Trutter Center at the Springfield campus, 5250 Shepherd Road.
Wednesday, November 18, 2015

Price at the Pump printed November 17, 2015
Tuesday, November 17, 2015

Champaign County farmer sets new state soybean yield record
BLOOMINGTON, ILL. — If outstanding soybean yields are the mission, it’s “mission accomplished” for Champaign County farmer Jason Lakey and his father Robert, who set a new verified state soybean record with 108.3 bushel yield as part of the Illinois Soybean Association's (ISA's) checkoff-funded 100 Bushel Yield Challenge program.
Wednesday, November 11, 2015

U of I economist Good: Waiting for higher corn and soybean prices
URBANA, Ill. – Corn and soybean producers have not priced a relatively large portion of 2015 crops. These crops are being held in open storage, either on the farm or in commercial facilities or in the form of basis contracts or delayed pricing contracts. According to a University of Illinois agricultural economist, producers have judged that there is potential for higher prices, or at least a small risk of lower prices, as the marketing year progresses.
Wednesday, November 11, 2015

USDA report finds twenty-four million tons of Chinese corn
TAYLORVILLE — Grain trade has been lower this week in response to a bearish USDA report on Tuesday. Corn trade is 14 lower on the December contract, and November beans are 7 lower for the week.
Wednesday, November 11, 2015

Price at the Pump printed November 5, 2015
Thursday, November 5, 2015

Christmas bonus: Farm animals in demand for Nativity scenes
AP — Some farmers have extra reason to rejoice at Christmas: Tis the season for renting out animals for live Nativity scenes and other holiday events.
Wednesday, November 4, 2015

U of I economist: Sideways price pattern to continue for corn
URBANA, Ill. — The corn market was relatively uneventful during the first two months of the 2015-16 marketing year. There were no large supply surprises, and known consumption was somewhat lackluster. As a result, corn prices traded in a choppy but mostly sideways pattern, says a University of Illinois agricultural economist.
Wednesday, November 4, 2015

South American exports capture focus ahead of USDA report
TAYLORVILLE —To no one’s surprise, the grain market has managed wholly unimpressive trade this week as fundamental news seems to be stuck in the mud. December corn, for example, is two cents lower for the week and November beans are down five cents. Since mid August, beans have traded in a 77-cent range and corn has traded in a 43-cent range.
Wednesday, November 4, 2015

Price at the Pump printed October 30, 2015
Friday, October 30, 2015

High prices cure high prices: Purdue's Hurt explains beef collapse
URBANA, Ill. — The adage that the cure for high prices is high prices is evident this year in beef markets. Finished cattle prices reached record highs near $170 in late 2014 and early spring 2015. Prices then fell below $120 by October. According to a Purdue University Extension economist, prices that have fallen $50 per hundredweight may be the greatest decline ever.
Wednesday, October 28, 2015

Purdue grad's startup selling improved hardwood trees
WEST LAFAYETTE, Ind. (AP) — A Purdue University graduate's new startup company is selling hardwood trees genetically improved to produce high-quality veneers.
Wednesday, October 28, 2015

Technicals emerge, markets ignore South American weather
TAYLORVILLE — Grain trade remains range-bound with little fresh fundamental news to sway the market one way or another. In the corn market, in particular, trade has been confined to a forty-cent range between $3.60 and $4.00 since mid August. In that same time span, beans have not exceeded the $9.28 mark to the topside, nor have they broken below the $8.53 level. For the week November beans are down four cents and December corn is up a penny.
Wednesday, October 28, 2015

Price at the Pump printed October 27, 2015
Tuesday, October 27, 2015

Price at the Pump printed October 26, 2015
Monday, October 26, 2015

Price at the Pump printed October 22, 2015
Thursday, October 22, 2015

Defining the trend:
URBANA, Ill. — Soybean prices have been on a roller coaster for the past three months. November 2015 soybean futures traded to a high of $10.45 on July 14, declined to a low of $8.53 on Sept. 11, and rebounded to a high of $9.16 on Oct.14. That contract is currently trading just under $9.
Wednesday, October 21, 2015

Grain trade remains range-bound in slow week of trade
TAYLORVILLE — In the absence of bullish news, or really much news at all, grains have oscillated on both sides of unchanged this week. Beans should continue to be dictated by South American weather forecasts, which have turned slightly bearish, and corn should be relegated into a following role where ongoing harvest pressure is likely to limit upside. For the week December corn is unchanged and November beans are down two cents.
Wednesday, October 21, 2015

Wildflower of the Week
CHRISTIAN COUNTY — This perennial flowering shrub grows up to four feet tall  in moist soil in full sun. In Illinois it is found mostly in the north eastern counties along the shore of Lake Michigan. The tiny pink blossoms grow in pyramid shaped clusters of up to six inches.
Saturday, October 17, 2015

USDA report features acreage declines, unchanged demand
TAYLORVILLE — Soybeans have been the leader this week as concerns have started to develop in South America over excessive moisture in the South and overly dry conditions in the North. The soybean bull has also been encouraged by positive technical indicators that coincided with a move above the $9.00 mark on the November contract.
Wednesday, October 14, 2015

Local basis prices suggest lower than expected corn production
URBANA, Ill. — The USDA’s Oct. 9 Crop Production report forecast the 2015 U.S. corn crop at 13.555 billion bushels, 30 million bushels smaller than the September forecast and 660 million bushels smaller than the 2014 crop. The U.S. average corn yield is forecast at 168 bushels, 0.5 bushel above the September forecast, and harvested acreage is forecast at 80.664 million, 437,000 below the September forecast.
Wednesday, October 14, 2015

Price at the Pump October 7, 2015
Wednesday, October 7, 2015

CCFB Donates To "Ag in the Classroom"
TAYLORVILLE — Mellisa McMillan, Manager of the Christian County Farm Bureau, presented a donation totaling $4,000 to the University of Illinois Extension “Ag in the Classroom” program.  The Christian County Farm Bureau and the Christian County Farm Bureau Foundation each contributed $2,000 to support agricultural education in area classroom.
Wednesday, October 7, 2015

Obama begins selling trade agreement to Congress, public
WASHINGTON (AP) — Negotiations over the complex trade deal took more than five years. On Tuesday, President Barack Obama began what may be a similarly difficult task — selling the Trans-Pacific Partnership to Congress and the American public.
Wednesday, October 7, 2015

Estimates calling for acreage declines in Friday USDA report
TAYLORVILLE — Grain trade has been higher this week due to some position squaring ahead of Friday’s USDA supply and demand report, supportive macro market influences, and some optimism stemming from the newly inked Trans-Pacific Partnership (TPP). Subsequently, December corn is nine cents higher for the week and November soybeans are up 14 cents.
Wednesday, October 7, 2015

Price at the pump printed Monday, Oct. 6, 2015
Tuesday, October 6, 2015

Price at the pump printed Monday, Oct. 5, 2015
Monday, October 5, 2015

Oglesby farmer finds new ways to diversify
OGLESBY, Ill. (AP) — So you think farmers around here don't diversify?
Wednesday, September 30, 2015

Markets stagnant as trade awaits harvest results
TAYLORVILLE — Grain trade has been mixed this week, simultaneously finding spillover buying from the wheat market and selling interest thanks to harvest pressure. Macro market influences have also been mixed this week, though they are currently trending slightly higher after India elected to cut central bank interest rates more than expected on Tuesday. India is a major commodity importer, so the cut could result in increased demand.
Wednesday, September 30, 2015

Hog herd shows limited expansion, up 4% versus last year
URBANA, Ill. — The pork industry has largely overcome the impacts of the 2014 PED virus, and pork producers have been disciplined in limiting expansion after record 2014 profits, according to Purdue University Extension economist Chris Hurt. As a result, he said that pork supplies should be only modestly higher in 2016 and provide prices that cover all costs of production. However, there are some concerns for the longer run as global meat and poultry supplies continue to expand with a weak world income base.
Wednesday, September 30, 2015

Price at the Pump printed Monday, Sept. 28, 2015
Monday, September 28, 2015

U of I hosting behind-the-scenes look at state's veterinary school
URBANA, Ill. — Are you ready to learn more about the science and caring that go into becoming a veterinarian?
Thursday, September 24, 2015

Urban Harvest at West Test Plot
TAYLORVILLE — An FS test plot on the grounds of the old West School was harvested this week. Test plots, or strip plots, are often used to test experimental seed varieties for stress tolerance, disease and drought resistance, and ultimately yield results. Generally, the varieties being tested are those that are still being considered for mass production.

Thursday, September 24, 2015

Central A&M FFA Attends Leadership Training
MAROA, Ill. —On Thursday, September 17th, the Central A&M FFA Chapter visited Maroa-Forsyth School for Section 16 Leadership Training. While there, the officers had the opportunity to listen to many speakers talk about communication, leadership, teamwork, and agriculture organizations after high school.
Thursday, September 24, 2015

Heirloom Garden Open House October 4
Decatur, Ill. —  The Homestead Prairie Farm Heirloom Vegetable and Herb Garden at Rock Springs Conservation Area is holding an open house Sunday, October 4 from 2:00-4:00 p.m. Stop by any time during the event for a garden “open house” to discover the circa 1860 heirloom vegetable and herb gardens at Homestead Prairie Farm.
Thursday, September 24, 2015

Illinois Harvest Continues
With the official arrival of the fall season, a central Illinois farmer begins to harvest corn at sunset Tuesday, Sept. 22, 2015, in Ashland, Ill. At the end of last year, farmers in Illinois grew 2.35 billion bushels of corn, with a record-high average yield of 200 bushels per acre.

Thursday, September 24, 2015

New fungal leaf disease 'tar spot' found in Illinois
URBANA, Ill. — Corn leaf samples from three northern Illinois counties have been confirmed positive for the fungus Phyllachora maydis or its common name tar spot, according to University of Illinois Plant Clinic director Suzanne Bissonnette.
Thursday, September 24, 2015

Price at the Pump printed September 24, 2015
Thursday, September 24, 2015

Taylorville FFA members attend leadership training school
MAROA-FORSYTH — Several Taylorville FFA members attended Leadership Training School (LTS) at Maroa-Forsyth on Thursday, September 17, 2015. At LTS the students learned several different leadership skills. Some of these skills include communication, teamwork, cooperation, and public speaking.
Wednesday, September 23, 2015

U of I plans to reduce crop research and shut down some farms
ST. LOUIS (AP) — The University of Illinois plans to reduce off-campus crop research and may shut down several agricultural centers as part of a cost-cutting move tied to flagging state support.
Wednesday, September 23, 2015

State FFA Officers Visit Central A&M Ag Class
MOWEAQUA — On Friday, September 18 the Introduction to Agriculture class at Central A&M High School welcomed the state FFA president, reporter, and secretary along with their own Section 16 President Brodie Scribner and Treasurer Lauren Burgener as guest speakers.
Wednesday, September 23, 2015

Freezer meals class offered
TAYLORVILLE — Feel like you don’t have time to cook a meal for the family, but have extra freezer space? Come learn the do’s and don'ts of freezer meals, receive delicious recipes, food safety tips, and create and take home a simple freezer meal the whole family will love!
Wednesday, September 23, 2015

Adcock Seated on IJBA Board
SPRINGFIELD — The Illinois Junior Beef Association (IJBA) elected its new leadership and seated new directors to its board on Aug. 11 during the IJBA Annual Meeting held at the Illinois State Fairgrounds
Wednesday, September 23, 2015

Trapping permit drawing
ROCHESTER, IL — A public drawing for the allocation of a trapping permit for Sangchris Lake State Park will be held on Sat., Oct. 17 at 1:00 p.m. (registration begins at 12:30 p.m.) at the site headquarters, located approximately six miles southeast of Rochester.
Wednesday, September 23, 2015

Farm Bureau grain drive benefits Ag in the Classroom
TAYLORVILLE — The Christian County Farm Bureau Foundation is holding its Second Annual Grain Drive to raise money for Ag in the Classroom and for Foundation scholarships that are awarded each year.
Wednesday, September 23, 2015

Farm Aid's 30th Anniversary
CHICAGO — Photographer Gary Sedlock of Kincaid attended the 30th Anniversary Farm Aid concert at the First Merit Bank Pavillion at Northerly Island in Chicago on Saturday, Sept. 19, and captured images of some of the events biggest names in entertainment.
Wednesday, September 23, 2015

Price at the Pump printed Sept. 23, 2015
Wednesday, September 23, 2015

Selling emerges on rallying dollar, trade awaiting yield results
TAYLORVILLE — Grain trade has been mixed this week thanks in large part to macro-market influences. Corn, for example, finished seven higher on Monday and posted an outside-up day on the charts.
Wednesday, September 23, 2015

Soybean acreage uncertainties persist following wet spring weather
URBANA, Ill. — Surveys conducted by the USDA’s National Agricultural Statistics Service (NASS) in June revealed that producers had planted or intended to plant 85.1 million acres of soybeans in 2015.
Wednesday, September 23, 2015

Ag education effort for military members is announced
WASHINGTON — Agriculture Deputy Secretary Krysta Harden and Dr. Susan Kelly, Director of the Department of Defense's Transition to Veterans Program Office, today announced the integration of agriculture into the career training and counseling programs Service members receive as they transition out of the military. Information about USDA resources and programs will now reach 200,000 transitioning Service members every year.
Tuesday, September 22, 2015

Scientists find new corn disease in Illinois fields
SPRINGFIELD, Ill. (AP) — Illinois agriculture officials say a new disease is affecting corn in the state.
Tuesday, September 22, 2015

Illinois Dept. of Ag hosting Illinois Grain Tour this week
SPRINGFIELD, Ill. — The Illinois Department of Agriculture is hosting more than 30 international buyers from Mexico, Ecuador, China, Taiwan, South Korea, and Vietnam this week in an effort to increase export sales for the Illinois grain industry. Last year participants estimate the tour generated $198 million in sales.
Tuesday, September 22, 2015

Illinois levees cited for possible Missouri flood risk
LOUISIANA, Mo. (AP) — The U.S. Army Corps of Engineers is rebuking an Illinois levee district over “unauthorized alterations” that the federal agency says make some communities on the Missouri side of the Mississippi River more prone to flooding.
Tuesday, September 22, 2015

How to choose a generator wisely and install it properly
You're settled in safe at home, when suddenly the lights go out and the comforting hums of fridge and furnace go dead. As you rummage around in a drawer for flashlights and batteries, you're probably kicking yourself for not investing in a generator after the last storm.
Tuesday, September 22, 2015

Ancient garden:
MITCHELL, S.D. (AP) — A garden showing a variety of plants that the first inhabitants of the Prehistoric Indian Village in Mitchell would have used 1,000 years ago is now open to the public.
Tuesday, September 22, 2015

Wild weather facts:
In terms of wettest weather in the world, two areas of India take the cake. Cherrapunji and Meghalaya, India receive on average 1,270 centimeters, or 496 inches, of rain each year. That's about 41 feet of rain, making these regions the wettest places on Earth. In the United States, the Hawaiian island of Kaua'i, particularly Mount Waialeale on the island, receives the most rain per year at roughly 460 inches. Kaua'i is known as "The Garden Island" for its lush vegetation. Waialeale means "overflowing water" in Hawaiian, which is apt for the amount of rain the region receives.
Tuesday, September 22, 2015

Warm September delaying fall foliage colors out east
MONTPELIER, Vt. (AP) — One of the hottest early Septembers on record is slowing the seasonal cycle when leaves turn from green to breathtaking reds, oranges and yellows, and draw visitors in droves to northern New England.
Tuesday, September 22, 2015

Illinois state fairs expand age limits for livestock shows
SPRINGFIELD, Ill. (AP) — More young people will have the opportunity to show livestock at future Illinois state fairs.
Monday, September 21, 2015

Illinois Farm Bureau donates to science center ag gallery
BLOOMINGTON, Ill. — The Illinois Farm Bureau (IFB), in conjunction with the Missouri Farm Bureau, has announced a $500,000 donation to the St. Louis Science Center to be used in constructing the new agriculture gallery exhibit at the museum.
Monday, September 21, 2015

Gas prices continue to drop
ILLINOIS — Average retail gasoline prices in Illinois have fallen 2.6 cents per gallon in the past week, averaging $2.45/g yesterday, according to GasBuddy's daily survey of 4,378 gas outlets in Illinois. This compares with the national average that has fallen 3.7 cents per gallon in the last week to $2.29/g, according to gasoline price website
Monday, September 21, 2015

Deadline to enroll in key farm bill safety net program is close
WASHINGTON — Department of Agriculture (USDA) Farm Service Agency (FSA) Administrator Val Dolcini reminds farmers and ranchers that they have until Sept. 30 to enroll in several key Farm Bill safety net programs – Agriculture Risk Coverage (ARC), Price Loss Coverage (PLC) and the Margin Protection Program for Dairy (MPP-Dairy).
Monday, September 21, 2015

Hunters, landowners encouraged to report EHD
Monday, September 21, 2015

Monsanto gift helps create state-of-the-art soil lab
URBANA, Ill. – This fall at the University of Illinois, students studying plant and soil sciences are the first to experience a state-of-the-art laboratory in Turner Hall. Transforming the lab originally built for students in 1963 into a 21st century learning environment has been accomplished through a recently announced $1 million pledge from the Monsanto Company.
Monday, September 21, 2015

Sunflower farm has fans from around the world
LAWRENCE, Kan. (AP) — More than 25,000 people — including some from other countries — took the time to travel to a northeast Kansas farm this summer to walk among fields and fields of sunflowers.
Monday, September 21, 2015

Early fall color often can be a sign of tree distress
LONDONDERRY, NH — In many parts of North America, people will soon enjoy one of nature's finest shows - fall foliage. Color-changing leaves make for a beautiful display, but early changes in leaf-color can be a sign that your tree is stressed and vulnerable to insect and disease attack.
Monday, September 21, 2015

Wildflower of the Week
CHRISTIAN COUNTY — These pink cup shaped blossoms grow near the top of the unbranched stem. Like most members of the Mallow  family, it has 5 broad petals and numerous stamens fused into a tube around the style. Except for the intricately divided leaves it almost looks like a wild Hollyhock.
Saturday, September 19, 2015

Price at the Pump printed September 18, 2015
Friday, September 18, 2015

Price at the Pump printed September 17, 2015
Thursday, September 17, 2015

Price at the Pump printed September 16, 2015
Wednesday, September 16, 2015

Latest USDA report could represent shift in market dynamics
TAYLORVILLE — Grains have been higher this week following Friday’s supportive, though still pedestrian, USDA supply and demand report.
Wednesday, September 16, 2015

Robots take root on smaller dairy farms, upping production
GRANITEVILLE, Vt. (AP) — Robots have taken up residence at some small- and medium-sized dairy farms across the country, providing reliable and more efficient labor and helping the businesses remain viable. Plus, farmers say, the milking technology makes for happier, more productive cows.
Wednesday, September 16, 2015

New higher protein canola meal can be included in pig diets, study shows
URBANA, Ill. — Canola meal is high in protein and can be used as an alternative to soybean meal in livestock diets. In recent years, canola meal varieties with an even greater protein content have been developed.
Wednesday, September 16, 2015

Price at the Pump printed September 14, 2015
Monday, September 14, 2015

Ag Sec. in Urbana Thurs.
URBANA, Ill. (AP) — Agriculture Secretary Tom Vilsack is scheduled to appear at an Illinois energy farm to announce a USDA initiative on renewable fuel.
Wednesday, September 9, 2015

McDonald's will join others offering cage-free eggs
NEW YORK (AP) — McDonald’s says it will switch to cage-free eggs in the U.S. and Canada over the next decade, marking the latest push under CEO Steve Easterbrook to try and reinvent the Big Mac maker as a “modern, progressive burger company.”
Wednesday, September 9, 2015

Area FFA chapter's wetlands and prairie plot thriving at Maroa High School
MAROA, Ill. (AP) — In spite of the nearby highway, the wetlands and prairie plot next to the pond at Maroa-Forsyth High School is a quiet and peaceful place.
Wednesday, September 9, 2015

Markets Inch Higher on Long Profit Taking, Early Harvest Reports
TAYLORVILLE — Grains have been higher over the last week due to some profit taking by market shorts ahead of both the recent three-day weekend and Friday’s upcoming USDA supply and demand report.
Wednesday, September 9, 2015

Heavy rain diminishes Illinois wheat
RED BUD, Ill. (AP) — Many wheat growers have seen decent yields across Illinois, but heavy rainfall late in the growing season diminished much of their crop’s value.
Wednesday, September 2, 2015

Honored at State Fair
Wednesday, September 2, 2015

Trinity Dodge Fixed
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