Reading Time: 2 minutes With more Americans tightening their belts, demand for cheaper cuts of U.S. beef has actually pushed the price of select-grade beef higher than the generally more expensive choice cuts. For the first time in nearly two years, select-grade beef prices are above those for better-quality choice grade, according to U.S. government data. The data showed […] Read more
Americans On Budgets Push Up Price Of “Cheap” Beef
Bargain-hungry Americans bid up price of “cheap” beef
With more Americans tightening their belts, demand for cheaper cuts of U.S. beef has actually pushed the price of select-grade beef higher than the generally more expensive choice cuts. For the first time in nearly two years, select-grade beef prices are above those for better-quality choice grade, according to U.S. government data. The data showed […] Read more
U. S. Corn — Plenty Of It, But Quality Poor
Reading Time: 3 minutes Atwo-tiered market for corn is developing across the U. S. Midwest as processors and ethanol plants boost bids for high-quality supplies and penalize farmers for delivering subpar grain. The pricing dynamic is expected to become more pronounced as a portion of a record 13.2-billion-bushel crop remains in storage while warmer weather in the coming weeks […] Read more
U.S. DDGS Catching On For Feed
Reading Time: 2 minutes Demand for distiller’s grain, a byproduct of distilling corn into ethanol, will continue to grow domestically and abroad as livestock producers turn to the feed as a cheaper alternative to corn, analysts said. And with the ethanol industry gearing up for a better year in 2010 after the financial crisis of 2008 triggered by corn […] Read more
U. S. Corn Farmers In Muddy Race With Mother Nature
Reading Time: 2 minutes Farmer Monty Whipple held the problem of the eastern U. S. Corn Belt in the palm of his hand: a ball of mud, densely compacted. His nearly 400-acre farm, about 90 miles southwest of Chicago in LaSalle County, was filled with mud. Several fields less than a mile down the country road had as much […] Read more
Phosphate price drops with grain
Reading Time: 2 minutes “Anyone who thinks (DAP) prices are going to clamber back up to $1,000 is likely to be disappointed” Prices of fertilizer, which soared to record highs late this summer, are poised to come down to earth in the coming months as sharply lower grain prices sour demand from farmers. Meanwhile, tight credit markets and growing […] Read more
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