RECENT NEWS

9th class of young stockmen graduates at KLA convention

The ninth class of the Kansas Livestock Association (KLA) Young Stockmen’s Academy (YSA) graduated December 5 at the close of the KLA Convention. Merck Animal Health partnered with KLA to host 20 members for a series of four seminars throughout 2014. This

U.S. Wheat Farmers Anticipate Increased Trade Opportunities with Cuba
CME Group Announces Change to Daily Price Limits Feeder Cattle and Live Cattle Futures
Rabobank Dairy Quarterly Q4: Dairy prices continue to fall
NCGA Urges President to Sign Tax Extenders Bill

Elwood, NE

33.4°Clear

Humidity
75%
Barometer
30.04 in 0

Wind: From the SW at 6.1 MPH Gusting to 8.4 MPH

MARKETS

Contract Month Change Open High Low Last Updated
Corn (P) Mar 2015 -0-4 407-0 411-0 406-6 410-4s 12/19/14
Corn (P) May 2015 -0-4 416-4 419-0 416-4 419-0s 12/19/14
Soybeans (P) Jan 2015 -4-4 1028-4 1033-0 1022-4 1030-4s 12/19/14
Soybeans (P) Mar 2015 -4-6 1033-0 1041-0 1031-4 1038-4s 12/19/14
Wheat (P) Mar 2015 -23-0 631-4 633-4 631-4 632-2s 12/19/14
Wheat (P) May 2015 -21-6 0-0 656-6 635-0 635-0s 12/19/14
Live Cattle Dec 2014 +2.550 159.050 161.500 159.000 161.250 14:41
Feeder Cattle Mar 2015 +4.100 214.650 218.125 214.600 217.875 14:40
Lean Hogs Feb 2015 -0.075 81.875 82.500 81.050 81.800 14:41
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Beef Journal

CME Group Announces Change to Daily Price Limits Feeder Cattle and Live Cattle Futures

CME Group announced it is changing daily price limits in its CME Feeder Cattle futures effective Thursday, December 18. Price limit will change to $4.50 per hundredweight.

Crops

U.S. Wheat Farmers Anticipate Increased Trade Opportunities with Cuba

The National Association of Wheat Growers (NAWG) and U.S. Wheat Associates (USW) applaud President Obama’s announcement that the United States will begin discussions to renew diplomatic relations with Cuba, which will make it easier for Cuba to buy U.S. a

NCGA Urges President to Sign Tax Extenders Bill

The National Corn Growers Association today asked President Barack Obama to sign the tax extenders bill passed by the Senate Tuesday, but also urged broader tax reform in 2015. If signed by President Obama, the bill will retroactively extend a package of

Governor Heineman Announces Saunders County Designated Livestock Friendly

Governor Dave Heineman announced the official designation of Saunders County as Nebraska’s newest county to receive the Livestock Friendly County designation through the Nebraska Department of Agriculture. Today’s announcement marks the final Livestock Fr

Features

Congress Passes Key Tax Extenders Legislation

The U.S. Senate voted Tuesday evening 76 to 16 to pass a tax extenders package that holds key provisions for small businesses such as section 179 expensing and bonus depreciation. The tax extenders package was previously approved in the U.S. House of Repr

Someone you should know: Randy Krotz, CEO of USFRA

Randy Krotz is the first CEO of the U.S. Farmers & Ranchers Alliance( USFRA). The USFRA consists of more than 80 farmer – and rancher-led organizations and agricultural partners representing virtually all aspects of agriculture, working to engage in dialo

A Conversation with former USDA Secretary John Block

John Block served as US Secretary of Agriculture during the Regan Administration. Since then he has stayed active in food and ag issues and contiues to do a weekly audio program "John Block Report" where he gives his comments on current agriculture issues

Livestock

9th class of young stockmen graduates at KLA convention

The ninth class of the Kansas Livestock Association (KLA) Young Stockmen’s Academy (YSA) graduated December 5 at the close of the KLA Convention. Merck Animal Health partnered with KLA to host 20 members for a series of four seminars throughout 2014. This

Rabobank Dairy Quarterly Q4: Dairy prices continue to fall

Prices in U.S. wholesale markets have further to fall in coming months, and the onset of price recovery may also kick in later, as the local market cycle continues to lag behind the offshore market, according to the latest Dairy Quarterly report from the

Kansas Livestock Foundation awards nearly $25K in scholarships

Twenty-two scholarship winners for the 2014-15 school year were recognized during the annual Kansas Livestock Association (KLA) Convention December 3 in Wichita. A total of $24,700 was presented by the Kansas Livestock Foundation (KLF).

Opinion

NFU Applauds Administration on Step Towards Normalized Relations with Cuba

National Farmers Union (NFU) President Roger Johnson applauded the Obama administration on the important steps announced today to normalize relations between the United States and Cuba. “NFU has worked hard over the last five years to push for a normaliza

The RFS Celebrates Seven Years of Success

This Friday marks the seventh anniversary of the signing into law of the Energy Independence and Security Act of 2007 (EISA). The law expanded the Renewable Fuel Standard (RFS) and set America on a path toward a cleaner, more energy-independent future. Th

A Step in the Right Direction

Tthe U.S. Senate on Tuesday evening passed a short-term tax extenders bill. The legislation includes one-year extensions of the second-generation biofuel production tax credit and the accelerated depreciation allowance for cellulosic biomass properties, a

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