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home : ag & business : ag May 24, 2016

Grain markets push higher on soybean strength
TAYLORVILLE — The release of the USDA report last week fueled buying interest in the bean market in particular, which has resulted in spillover support for all grains including corn. For the week, July corn is up seven cents and July beans are up 15.
Wednesday, May 18, 2016

Assumption farm store to debut new specialty beef bred and raised locally
ASSUMPTION — They aren’t exceptionally common, but everyone has seen them. The black and white striped cows that look like Oreos. Though they are affectionately referred to as Oreo cows, they are actually called Belted Galloways and they are known for more than just their peculiar coloring; they are actually known for their meat quality.
Wednesday, May 18, 2016

Christian County Farm Bureau to showcase local farmers on farm tour
TAYLORVILLE — On June 11, 2016, Christian County residents will have an opportunity to tour three very different local farms as part of the Christian County Farm Bureau’s “A Day on the Farm” Tour.
Wednesday, May 18, 2016

Wildflowers of the week
Saturday, May 14, 2016

Ex-Kentucky basketball star Farmer files for bankruptcy
LEXINGTON, Ky. (AP) — Former state agriculture commissioner and University of Kentucky basketball star Richie Farmer, who went to prison for violating state ethics and campaign finance laws, has filed for bankruptcy.
Wednesday, May 11, 2016

Export progress for corn, ethanol, and distillers grains
URBANA, Ill. — Last week, the Census Bureau released the corn export estimate for March. Exports for the month totaled 171 million bushels, 16 million bushels larger than exports in the same month last year. Exports during the first seven months of the 2015-16 marketing year are estimated at 814 million bushels, 150 million bushels less than during the same period last year.
Wednesday, May 11, 2016

Soybeans move near limit-up out of USDA report
TAYLORVILLE — The grain markets caught a bid on Tuesday following the release of the monthly USDA supply and demand report. Beans finished near limit up on the day, which drug corn to a 12-higher close. For the week, however, May corn is only up a penny, though May beans are up fifty cents.
Wednesday, May 11, 2016

Company recalls frozen vegetables linked to listeria
SEATTLE (AP) — A Pasco, Washington, company has expanded its recall of frozen vegetables linked to a listeria outbreak that has sickened eight people.
Wednesday, May 4, 2016

Falling cattle prices: Where is the bottom?
URBANA, Ill. — Cattle prices have had a rough spring.. After peaking in late 2014 and early 2015, prices have been adjusting downward from very lofty peaks. High prices and profits at that time provided the incentives to expand beef production.
Wednesday, May 4, 2016

Taylorville High honors FFA members at annual banquet
TAYLORVILLE —The  Taylorville FFA Chapter recently held their annual Chapter banquet where several different awards and scholarships were awarded to numerous outstanding FFA members. 
Wednesday, May 4, 2016

Are large corn and soybean price swings finished?
URBANA, Ill. — Corn and soybean prices have traded in a wide range since last summer. July 2016 corn futures traded to near $4.70 in early July 2015, declined into harvest, and then bottomed at $3.51 following the release of the recent USDA Prospective Plantings report. July 2016 soybean futures traded near $10.31 in early July 2015, dropped sharply into harvest, and traded between about $8.60 and $9.30 from harvest through early April 2016.
Wednesday, April 27, 2016

THS Plant Sale Starts Thursday
TAYLORVILLE — Taylorville High School students Tommy Mollet and Madison Wilson are shown watering greenhouse plants in anticipation of Thursday’s upcoming annual plant sale.
Wednesday, April 27, 2016

T'ville FFA Members Named State FFA Proficiency Award Winners
CHAMPAIGN, Ill. — The State finals of the Illinois FFA Proficiency Awards were held Saturday April 2, 2016 at the University of Illinois in Lincoln Auditorium. Taylorville had 11 members competing for State honors which were more students qualifying for this event than any other school in the state of Illinois.
Wednesday, April 20, 2016

Soybeans react to Brazilian political, weather influences
TAYLORVILLE — Grain trade has been higher this week propelled upward by a continued resurgence in buying interest within the bean market. The extent of this rally is tied to asset allocation and dynamic short covering, maybe an attempt to buy some bean acres from corn as well. Oddly, however, the fund position suggests that there are very few shorts left to cover at this point.
Wednesday, April 20, 2016

Wildflower of the week
CHRISTIAN COUNTY —This interesting annual vine is a tropical plant native to Africa but now found growing wild from Florida to Texas. It has many yellow five petaled blossoms and uses curling tendrils to grow up fences and small trees.
Saturday, April 16, 2016

Ortho to drop chemicals linked to bee declines
DENVER (AP) — Garden-care giant Ortho said Tuesday it will stop using a class of chemicals widely believed to harm bees.
Wednesday, April 13, 2016

Several area youth attend Ill. Farm Bureau and Affiliates Youth Conference
EAST PEORIA, Ill. — More than 350 FFA members, County Farm Bureau Managers, FFA advisors from 74 Illinois counties attended the 2016 Illinois Farm Bureau and Affiliates Youth Conference, April 4-5 at the Embassy Suites, East Peoria.
Wednesday, April 13, 2016

Soybeans rally out of USDA report, corn stagnates
TAYLORVILLE — Grain markets are mixed this week with soybeans acting as the leader; the May contract is currently trading 20 cents higher for the week. Their support has been fueled by short covering and technical buying as that contract reaches into new highs for the move.
Wednesday, April 13, 2016

Monsanto misses Street 2Q forecasts on falling seed sales
(AP) — Monsanto Co. reported weaker-than-expected earnings Wednesday as the company offered price discounts to try and revive flagging sales of its biotech-enhanced seeds.
Wednesday, April 6, 2016

U of I Economist Good: Corn consumption and acreage
URBANA, Ill. — The USDA’s March 1 Grain Stocks  report released on March 31 provides an opportunity to assess the progress of corn consumption during the current marketing year and to re-evaluate prospects for the magnitude of year-ending stocks.
Wednesday, April 6, 2016

Prices hold despite swell of corn acres from report
TAYLORVILLE — It’s hard to surprise a market with bearish data when its predisposition has been overwhelmingly bearish for the past several months, but the USDA managed to do just that last Thursday with the release of their planting intentions report.
Wednesday, April 6, 2016

U of I Economist Hurt: Fewer hogs and higher prices
URBANA, Ill. — The nation’s pork producers have indicated to USDA that they are not expanding the breeding herd and, in fact, intend to reduce farrowings this spring and summer. According to Purdue University Extension economist Chris Hurt, this means pork supplies will be somewhat less than had been anticipated and that hog prices will be somewhat higher.
Wednesday, March 30, 2016

Taylorville's Collin Lynch earns Certified Crop Adviser title
TAYLORVILLE — Collin P. Lynch of Taylorville was recently certified by the American Society of Agronomy as a Certified Crop Adviser (CCA). To attain this prestigious certification, Collin passed both an International CCA exam and the Illinois CCA exam.
Wednesday, March 30, 2016

Thursday's USDA report to challenge money flows, prices?
TAYLORVILLE — The grain markets are coming into Thursday’s all-important quarterly stocks and acreage report on strong March rallies, which have been driven by money flows more than fundamentals.
Wednesday, March 30, 2016

Analysts predict bean acre reduction, prices rally
TAYLORVILLE — Grains have been steady to higher in mixed trade. For the week, May beans are 13 higher and May corn is steady. Some early-week frost scares encouraged buying interest in the wheat market, which in turn worked to fuel the recent bean rally.
Wednesday, March 23, 2016

Taylorville FFA Wins Section FFA Poultry CDE
SHELBYVILLE, Ill. — The Taylorville FFA Chapter recently competed in the Section 16 FFA Poultry Career Development Event held Thursday, March 17 at Shelbyville High School. The Taylorville Team placed 1st overall.
Wednesday, March 23, 2016

Justices uphold $5.8 million award against Tyson Foods
WASHINGTON (AP) — In a setback to business, the Supreme Court on Tuesday upheld a $5.8 million judgment against Tyson Foods Inc. in a pay dispute with more than 3,000 workers at a pork-processing plant in Iowa.
Wednesday, March 23, 2016

Effort to block labeling of modified food stalls
WASHINGTON (AP) — Senate Republican efforts to stop mandatory labeling of genetically modified foods have stalled.
Thursday, March 17, 2016

Illinois Soybean Growers frustrated at bill failure
BLOOMINGTON, Ill. — Illinois Soybean Growers (ISG) is extremely disappointed the U.S. Senate failed to pass S. 2609, a bill that would have established national voluntary GMO labeling standards.
Thursday, March 17, 2016

USDA announces funding for conservation programs
WASHINGTON, D.C. — Agriculture Secretary Tom Vilsack announced this weekthe availability of up to $260 million for partner proposals to improve the nation's water quality, combat drought, enhance soil health, support wildlife habitat and protect agricultural viability.
Thursday, March 17, 2016

Sweet corn genes related to crowding stress identified
URBANA, Ill. — Plants grown in high-density or crowded populations often put more energy into growth and maintenance than reproduction. For example, flowering may be delayed as plants allocate resources to growing taller and escape competition for light.
Wednesday, March 16, 2016

Vilsack issues statement on National Ag Day
WASHINGTON — Agriculture Secretary Tom Vilsack  released the following statement on National Ag Day:
Wednesday, March 16, 2016

Illinois spring trout fishing season opens April 2
SPRINGFIELD, Ill. —  The 2016 Illinois spring trout fishing season opens on Saturday, April 2 at 50 ponds, lakes and streams throughout the state.
Wednesday, March 16, 2016

ACES alumni event to bring youth to 'college'
URBANA, Ill. — University of Illinois College of Agricultural, Consumer and Environmental Sciences (ACES) alumni are encouraged to register to attend ACES Family Academies with their young Illini fans ages 8 to 13. The one-and-a-half-day event will take place July 7-8.
Wednesday, March 16, 2016

Growing asparagus at home can take patience
URBANA, Ill. — Growing asparagus is best reserved for patient people, as the first crop cannot be harvested for at least a year after planting. This frustrates many home gardeners, and is one factor that can make asparagus relatively expensive in grocery stores. Commercial growers must spend time and money to weed and maintain plots before they yield any asparagus, says University of Illinois Extension Educator Jennifer Nelson.
Wednesday, March 16, 2016

NFU recognizes the importance of stewardship
WASHINGTON, D.C. — As agriculture is celebrated this week, one farm organization is focused on the policies that embody this year’s National Ag Week theme: “Stewards of a Healthy Planet.”
Wednesday, March 16, 2016

Soy growers call on Senate
WASHINGTON, D.C. — American Soybean Association President and Delaware farmer Richard Wilkins called on Senators from both sides of the aisle Wednesday to come together and vote to advance the Biotech Labeling Solutions Act.
Wednesday, March 16, 2016

US consumer prices fall, dragged by energy prices
WASHINGTON (AP) — U.S. consumer prices fell in February, dragged by another steep drop in energy prices. However, core inflation managed to tick higher, led by the biggest jump in clothing costs in seven years.
Wednesday, March 16, 2016

NFU also seeking compromise on biotech labeling
WASHINGTON, D.C. — On behalf of nearly 200,000 family farmers and ranchers from a wide range of operations, National Farmers Union (NFU) is urging Congress to find a meaningful compromise on the federal biotech labeling debate.
Wednesday, March 16, 2016

$180M repair backlog at Illinois state fairgrounds
SPRINGFIELD, Ill. (AP) — A spending plan from Illinois Gov. Bruce Rauner outlines a $180 million backlog in repairs and maintenance for the state fairgrounds in Springfield and Du Quoin.
Wednesday, March 16, 2016

Bumblebees to be considered for federal protection
DENVER (AP) — Two species of wild bumblebees found from Alaska to North Carolina and in Canada will be considered for protection under the Endangered Species Act, the U.S. government said Tuesday.
Wednesday, March 16, 2016

U of I economist Good: Surprising strength in soybean prices
URBANA, Ill. – The U.S and world soybean situation continues to be one of surplus. The USDA’s March 9 World Agricultural Supply and Demand Estimates (WASDE) report projected 2015-16 marketing-year-ending stocks of U.S. soybeans at 460 million bushels, 10 million bushels above the February projection.
Wednesday, March 16, 2016

Funds, demand to drive markets ahead of planting report
TAYLORVILLE — Grain trade has been mixed this week due to a combination of short covering and some light selling interest from producers which materialized as a result of that same short covering.
Wednesday, March 16, 2016

LSU AgCenter gets $1.75M from soybean, grain board
BATON ROUGE, La. (AP) — The Louisiana Soybean and Grain Research and Promotion Board has given the LSU AgCenter $1.75 million to finance 62 research and outreach projects this year.
Wednesday, March 16, 2016

Updating a home with new foundation plants
URBANA, Ill. — Plants around the front of a house serve many purposes. A properly designed front landscape can greatly enhance the appearance and market value of a property.
Monday, March 14, 2016

Dudley Smith Farm to conduct multi-year nutrient management study
TAYLORVILLE — Every year, thousands of fish and aquatic wildlife in the Gulf of Mexico are killed due to hypoxia, the depletion of oxygen in coastal waters that stems, in part, from runoff of farm fertilizers, discharges from water and sewer treatment plants, and even residential runoff.
Monday, March 14, 2016

Field Museum's Wari Ale the latest homage to ancient brews
SIOUX FALLS, S.D. (AP) — Fourteen years ago, University of South Dakota anthropology professor Matthew Sayre unearthed pepper tree seed from the southern tip of Peru, unaware he’d stumbled upon a spent ingredient from a small 1,000-year-old brewery.
Monday, March 14, 2016

Container gardening can be a lot of fun
URBANA, Ill. — Many would-be gardeners may be discouraged by a lack of available outdoor space. The solution may be container gardening, according to University of Illinois Extension educator Ken Johnson.
Monday, March 14, 2016

Lincoln's farm background led to his agricultural legacy
WASHINGTON, D.C. — On May 15, 1862, Abraham Lincoln signed into law an act of Congress establishing "at the seat of Government of the United States a Department of Agriculture."
Monday, March 14, 2016

Macro markets buoy grain trade ahead of USDA report
TAYLORVILLE — Grains have been higher in mixed trade this week due to position squaring ahead of today’s March USDA supply and demand report. For the week, May corn is up two cents, and May soybeans are up six cents.
Wednesday, March 9, 2016

Good: Expectations for the March 1 corn stocks estimate
URBANA, Ill. — On March 31, the USDA will release the quarterly Grain Stocks report containing an estimate of the stocks of corn that were in storage as of March 1.
Wednesday, March 9, 2016

'Weed blaster' technology a boost organic farming
ATLANTA, Ill. (AP) — Researchers at the University of Illinois are blasting away at noxious weeds.
Wednesday, March 9, 2016

Outlook Forum offers little encouragement and big corn acres
TAYLORVILLE — The grain markets began the month of March much like they ended February - under pressure. Both corn and beans are challenging contract lows, which are just a few cents below current market price. Beans, though, actually posted an outside-down day on the charts on Tuesday, which could extend the selling interest.  For the week, May corn is down a penny, and May soybeans are down five cents.
Wednesday, March 2, 2016

Taylorville FFA Visit with Representative Avery Bourne
SPRINGFIELD, Ill. — Recently, the Taylorville FFA Chapter was invited to the State Capitol to partake in the Annual Agriculture Legislative Day. Twelve Taylorville FFA members were asked to represent their chapter by assisting with the day’s activities.
Wednesday, March 2, 2016

Johnson posthumously honored for putting retired farmers to work
WASHINGTON — Fifty years ago, Green Thumb was the first nonprofit organization to run a jobs program for disadvantaged rural Americans in response to the War on Poverty.
Thursday, February 25, 2016

Researchers: Biomass from CRP land could be source of bioenergy
URBANA, Ill. – The USDA’s Farm Service Agency established the Conservation Reserve Program (CRP) 30 years ago in an effort to improve water quality, reduce soil erosion, and increase habitat for sensitive wildlife species.
Thursday, February 25, 2016

USDA study answers questions about microstructure of fried foods
URBANA, Ill. — What happens to food and its microstructure when it is fried is a complicated process, both scientifically and mathematically speaking. While consumers want a product that is crispy and tasty, food scientists seek to get a closer glimpse into what exactly is going on inside the food during frying in order to improve products.
Thursday, February 25, 2016

Washington's new apple 20 years in the making
WENATCHEE, Wash. (AP) — Blanketed by winter snow, orchards are mostly idle around central Washington, the production hub of the nation's top apple producing state.
Thursday, February 25, 2016

Illinois Department of Labor recognizes Grain Bin Safety Week
SPRINGFIELD — The Illinois Department of Labor (IDOL) released the following statement to recognize February 21 to 27 as Grain Bin Safety Week:
Thursday, February 25, 2016

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