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Friday, March 04, 2016

New business to connect farmland leasees with landowners | Farming | pantagraph.com

New business to connect farmland leasees with landowners | Farming | pantagraph.com: A new Bloomington-based business is designed to connect landowners with farmland managers looking to lease land.

“AGLand Market is a way of compiling information about farmland that is sometimes hard to find and help them connect through the internet,” said Elizabeth Blankenship, who launched the business at 2911 Gill St.

“We had the website up and running in August of last year, but because of the way leases work in farming, springtime is the time that people start signing leases for 2017,” she said. “There really wasn’t much we could do until now, anyway. It is a seasonal type of business.”

Wet winter invites flooding research on Valley farms

Wet winter invites flooding research on Valley farms: Area farmers report that any flooding of their nut and fruit orchards during the current El Ni�o condition would likely do more good than damage to their trees.

In fact, some farmers plan to deliberately flood their orchards as part of testing the benefits of winter flooding.

By doing so, they not only ensure the trees have enough water, but they are also helping recharge the groundwater basin in winter when more water is available.

Crude prices rise ahead of US jobs report

Crude prices rise ahead of US jobs report: Crude oil futures edged up on Friday, building on the week's gains, as traders and analysts eyed U.S. jobs data which could give further momentum to rising prices.

Brent futures fell 39 cents to $37.46 a barrel shortly before 8 a.m. EDT (1300 GMT). The crude benchmark settled 14 cents higher in the previous session. Brent is set to end the week with a gain of more than 6 percent.

U.S. crude futures rose 27 cents to $34.84 a barrel, having settled down 9 cents in the previous session. They were also on pace for a 6-percent weekly gain.

Wall Street steady ahead of jobs report

Wall Street steady ahead of jobs report: U.S. stock index futures indicated a flat open on Friday as investors awaited the jobs report for indications on the path of Federal Reserve tightening.

U.S. stocks closed higher Thursday, building on the gains of the week so far, as oil prices stabilized. On Friday morning, crude futures rose on the back of official U.S. data which showed oil production fell to its lowest level since November 2014, according to Reuters.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on follow through technical buying. Wheat market has led the rally with a bit of positive fundamental news. Outside markets are stable as trade waits for US employment data at 7:30 today.

Allendale Inc's�Annual Acreage Survey is underway! Share your planting intentions for corn, soybeans and/or wheat for 2016 and we will email you the survey results as soon as they are available. The survey ends Friday, March 11th and results will be emailed to participants on March 16th. Click here to enter your data. Thank you for your help and participation!