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Tuesday, December 08, 2015

Dollar's Wild Ride Continues Into 2016 - Corn - News | Agweb.com

Dollar's Wild Ride Continues Into 2016 - Corn - News | Agweb.com: “What we like to see with large crops is a period of building demand and that is what the impact of the dollar has been,” Johnston tells “AgDay” host Clinton Griffiths in a segment filmed during the 2015 Executive Women in Agriculture conference this month. “We have built domestic demand for corn and soybeans and domestic demand for livestock is also improving per capita use. But the dollar, if it doesn’t see some of the air come out of it, will be a big story again in 2016.”

Taxi lender's stock dives along with medallion sale price | Crain's New York Business

Taxi lender's stock dives along with medallion sale price | Crain's New York Business: The share price of Medallion Financial, which finances the purchase of taxi medallions, plunged 12.52% Monday. The stock ended the trading session at $6.36 per share, down from a 52-week high of $11.05 and a five-year peak of $17.74 in November 2013, before Uber vehicles started to proliferate in New York City.

Last week, investor website Motley Fool posted a story headlined "Taxi values are plummeting." It was hardly the first story about the declining worth of the medallions required to operate taxis in New York, Chicago and other cities, but it cited a foreclosed-medallion sale that appeared to establish a new low in recent years: $325,545.

Austin's 58-Story 'Jenga Tower' to Redefine City Skyline

Austin's 58-Story 'Jenga Tower' to Redefine City Skyline: Austin’s boom town reputation only grows with the news that the consortium developing a 58-story high-rise just finalized the purchase of 2 acres downtown. According to the Austin American-Statesman, the $14.5 million deal means construction on The Independent, a proposed 58-story high-rise that will boast 370 condos with prices up to $3 million per unit, can begin next month. The estimated $300 million project, announced late last year, joins a crowd of projects set to reshape the burgeoning Seaholm District, centered around a former power plant adjacent to Lady Bird Lake.

California grower evangelizes message of farming, jobs


Erik Wilson is not what one might consider a “big time” farmer. From his operation in the Dos Palos area of the San Joaquin Valley he farms a few acres of row crops each year while maintaining a custom spray business that services about 30,000 acres of row crops and permanent plantings.
When he’s not doing that, you can likely find him online.
Earlier this year Wilson received a call from Steve Malanca, a tractor salesman friend who’s sold Wilson his spray equipment. Malanca wanted him to look at a decal he was doodling. That phone call led to a decal now found on a growing number of vehicles in California.

Canada, Mexico win $1 billion sanctions against U.S. in meat spat | Cattle Network

Canada, Mexico win $1 billion sanctions against U.S. in meat spat | Cattle Network: INDUSTRY
Canada, Mexico win $1 billion sanctions against U.S. in meat spat
By Tom Miles and Rod Nickel, Reuters December 07, 2015 | 3:16 pm EST
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Canada and Mexico may impose tariffs worth $1 billion onto U.S.-traded products, a World Trade Organization panel ruled on Monday, as the countries prepared to retaliate over the United States' meat-labeling rules.

A WTO panel set the annual retaliation level at C$1.055 billion ($780 million) for Canada and $228 million for Mexico, considerably less than the C$3.068 billion and $713 million the two countries had sought.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as the list of bearish fundamental seems to never end. The WTO decision, Argentina’s new president, large grain ending stocks in US and Canada, the forecast for another record crop out of South America and good weather in South America contribute to overhead resistance. However, support comes from firm cash markets in the US as farmer’s bin doors are locked. Expect choppy trade through holidays. Outside markets seem to be pulling the sleigh as thoughts of Fed’s interest rate hike looms. Cheap crude oil prices have central banks missing their targets on inflation.