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Thursday, February 25, 2016

Number of Maryland farms shrinks in 2015 - WTOP

Number of Maryland farms shrinks in 2015 - WTOP: The U.S. Agriculture Department says the number of farms in Maryland continues to shrink.

The USDA’s National Agricultural Statistics Service in Annapolis says in a statement that the number of farms in Maryland in 2015 is estimated at 12,200. That’s 100 fewer than in 2014.

Salmonella outbreak linked to alfalfa sprouts from Sweetwater Farms - CBS News

Salmonella outbreak linked to alfalfa sprouts from Sweetwater Farms - CBS News: Thirteen people have become ill and five were hospitalized as the result of a salmonella outbreak in at least four states, according to the Centers for Disease Control and Prevention.

Perform a Technical Checkup | Agweb.com

Perform a Technical Checkup | Agweb.com: Fundamentals of supply and demand are an important piece of the marketing puzzle, but technicals are equally critical. The very act of reading a commodity price chart, though, can be stressful and confusing.�

That’s why understanding the basics of technical analysis can be helpful for producers who want to double down on marketing education this year. You won’t base every decision off of what you see, but keeping an eye on price movement and historical data can yield clues that help you think about the big picture and ask better questions of your marketing advisers.�

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly higher as traders even positions before the USDA releases its presentation at the 92nd Ag Forum in Washington DC. Trade is expecting aggressive corn sales on weekly export data. Outside markets are calm with stock indices and crude down slightly. The US Dollar is near unchanged.

Our conversations with customers this week suggest more corn is being sold as basis contracts must be priced before first notice day of the March contract. Farmers say they are pricing now because they need to raise some cash.

USDA should provide its acreage outlook for 2016/17 crop year about 7:00 am CT today. Traders surveyed are looking for an increase of about 1.7 million acres in planted corn acres versus last year and about 700,000 acre increase in soybean planted acres. Tomorrow morning will release their supply and demand for the major crops. Trade average corn ending stocks is 1.891 billion bushel, soybeans 516 million bushel and wheat 1.005 billion bushel.