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Tuesday, May 10, 2016

KAALtv.com - ABC 6 News Investigates: Victims of Value

KAALtv.com - ABC 6 News Investigates: Victims of Value: Farmland values are decreasing across the Midwest, and residents in rural Minnesota school districts with large school improvement referendums might see their property taxes skyrocket as a result.
An analysis by Minnesota State Colleges and Universities and the University of Minnesota Extension released in March shows prices for nearly all major commodities declined in 2015. Although livestock producers had a good year in 2014, both crop and livestock farms had a tough year financially in 2015.

Wright to testify Thursday before U.S. House Agriculture Committee about SNAP program - OANow.com: News

Wright to testify Thursday before U.S. House Agriculture Committee about SNAP program - OANow.com: News: Opelika’s Jimmy Wright will make his way to Washington this week to testify before the U.S. House Agriculture Committee about the Supplemental Nutrition Assistance Program (SNAP) program from a retailer’s perspective.

Wright, owner of Wright’s Market, will give his testimony at the full committee’s Thursday 9 a.m. public hearing entitled, “The Past, Present, and Future of SNAP: The Retailer Perspective.”

Agriculture policy targets bumper income - Times of India

Agriculture policy targets bumper income - Times of India: ile launching the 12th edition of the state-wide Krishi Mahotsav from Anand and releasing the new Krishi Business Policy-2016, the CM attributed the almost threefold rise in the yields of groundnut, bajri, wheat, banana and rai from 900 to 2,700 kg/ha in the state due to efforts taken during the Krishi Mahotsav.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are narrowly mixed as trade waits for the USDA data. US Dollar is a bit lower while crude oil is higher. Stock indices are higher on solid earnings data in the EU.

The May USDA Supply and Demand crop report will be released today at 11:00 am CT. Trade estimates for 2015/16 ending stocks (in billion bushels) for wheat 0.981, corn 1.841, and soybeans 0.426.

The average trade estimates for 2016/17 ending stocks for wheat 0.997, corn 2.294 and soybeans 0.405 billion bushels.

The trade is looking for USDA to drop Argentina’s soybeans by 3.30 mmt, and Brazil’s corn production by 3.54 mmt.