Elwood, NE

Overcast

52.9°F

Feels like 52.9°

Humidity

99%

Wind

ESE 8.3

Barometer

30.11 in 0



MARKETS

Contract Month Change Open High Low Last Updated
Corn (P) Jul 2015 -5-0 366-6 366-6 359-4 360-0s 05/22/15
Corn (P) Sep 2015 -4-6 373-0 373-0 366-0 366-6s 05/22/15
Soybeans (P) Jul 2015 -14-2 937-6 940-4 924-2 924-2s 05/22/15
Soybeans (P) Aug 2015 -13-4 922-0 922-0 916-2 916-2s 05/22/15
Wheat (P) Jun 2015 N/A N/A N/A N/A N/A 12/31/69
Wheat (P) Jul 2015 -6-6 514-4 516-0 514-4 515-2s 05/22/15
Live Cattle Jun 2015 -0.250 151.900 152.675 151.475 152.125s 05/22/15
Feeder Cattle Sep 2015 +1.175 217.025 218.175 216.125 218.000s 05/22/15
Lean Hogs Jun 2015 -0.050 83.950 84.125 83.500 83.725s 05/22/15
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Beef Journal

Join the Red Angus Summit in Kansas City

The Red Angus Summit is coming to Kansas City July 19-21. ith a focus on end-user demand, the Red Angus Summit will provide information about the unique criteria influencing consumers, chefs, feedlot operators and packers.

House Ag Committee Passes COOL Repeal Legislation

Today, the House Agriculture Committee approved legislation that would repeal Country of Origin Labeling (H.R. 2393) by a bi-partisan vote of 38 to 6. NCBA President Phillip Ellis applauded the action.

Legislation Introduced in House to Repeal COOL

After over a decade and two administrations failing to successfully implement the rule, House Agriculture Committee Chairman Conaway (R-Texas) introduced legislation (H.R. 2393) to repeal Country of Origin Labeling.

Crops

Kansas Elevators in Oberlin and Cedar Bluffs now part of CHS

CHS Inc., a farmer-owned cooperative, officially assumed operation of elevators formerly run by Hansen-Mueller in Oberlin and Cedar Bluffs, Kansas

Rain is the highlight of the weekly crop report

The latest crop progress and condition report is highlighted by rain in Nebraska and Kansas along with planting beginning to wrap up in some places. Nationally 85% of the corn has been planted, that is ten points better than the five year ave.

Nebraska Dept. of Ag hosts Ugandan Delegation

The Nebraska Department of Agriculture (NDA) hosted representatives from the Uganda Ministry of Agriculture. The visit focused on potential opportunities in the areas of crop preservation techniques and food processing and grain storage equipment.

Features

Rural Mainstreet Economy Slows: Some Bankers Reported Negative Impacts from Bird Flu

The Creighton University Rural Mainstreet Index for May rose slightly from Aprils weak reading, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

Senate Passes TPA Legislation

On Friday night , the full Senate passed Trade Promotion Authority by a by-partisan vote of 62-37. We have some of the reactions.

USDA to Expand Investment in Water Conservation, Resilience across Drought-Stricken States

Agriculture Secretary Tom Vilsack announced that the Natural Resources Conservation Service will invest approximately $21 million dollars to help farmers and ranchers apply science-based solutions to mitigate the short and long term effects of drought.

Livestock

Third Case of Highly pathogenic Avian Influenza found in Nebraska

The Nebraska Department of Agriculture in conjunction with the USDA-APHIS has confirmed preliminary testing shows the presence of a third case of highly pathogenic H5N2 avian influenza (HPAI) in Dixon County.

USMEF Board Meeting Underway in San Antonio

The U.S. Meat Export Federation Board of Directors Meeting kicked off in San Antonio, Texas, Wednesday afternoon. USMEF Chair Leann Saunders opened the event by providing members with an update on Project 40.

Nebraska Cattlemen Applauds Rep Ashford's Co-sponsorship of Bill to Repeal COOL

H. R. 2393 was introduced and passed out of the House Agriculture Committee to amend the Agricultural Marketing Act of 1946 to repeal country of origin labeling requirements for beef, pork, and chicken. Nebraska's Brad Ashford was a co-sponsor.

Opinion

NCTA offers youth animal science, horticulture and ag careers

The Nebraska College of Technical Agriculture is hosting some exciting activities, mini-sessions, and multi-day camps for all youth, with some events customized to 4-H and FFA students. Dr. Ron Rosati explains all the programs offered this summer.

Decoration day

Every year in preparation for Memorial Day, Wilma Jean Erbe visits the three cemeteries where her relatives are buried. She goes to spruce up the grounds and place flowers on the graves. We find more of the story in this week's Insight.

Congress Needs to Reauthorize the CFTC

General risk and uncertainty, be it weather or volatile price fluctuations, can wreak havoc on a farms financial well being. A range of risk management tools aids producers in mitigating the impacts of uncontrollable events.

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