RON’s Dave Lanning has a pre-opening look at today’s agricultural Markets. Click the audio tab below for today’s report.
Category: Ag News
Oct 06
Soybean News, What We’re Watching: Farm Bill, Appropriations, Stopgap Funding
With a government shutdown seeming inevitable at the end of last week, Congress surprisingly passed a last-minute, short-term spending bill over the weekend to keep the government funded through Nov. 17. While this is positive news, soy growers are keeping an eye on the 45-day deadline and the developments surrounding the historic vacancy in the …
Oct 06
September 2023 Gross Receipts
Gross Receipts to the state Treasury for the past 12 months outpace the prior year’s revenue in September. While the downward trend from the March record annual high of $17.64 billion continues, the 12-month total of $17.14 billion is still $110.66 million or 0.6 percent higher than the previous year’s revenues. The September receipts of …
Oct 05
OSU’s Kim Anderson Looks at Summer Wheat Price Forecast
This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about commodity prices. Anderson said wheat prices are at $6.25 in the Pond Creek area and around $6.35 in the panhandle. Wheat harvest is expected to be around the same as last year at about 69 …
Oct 05
Weakening Crop Prices and High Production Costs Weigh on Farmer Sentiment
Agricultural producers’ sentiment declined for the second month in a row during September as the Purdue University-CME Group Ag Economy Barometer fell 9 points to a reading of 106. Producers expressed concern about both their current situation as well as future prospects for their farms. The Current Conditions and Futures Expectations Indicesboth declined 10 points in September leaving the Current Conditions …
Oct 05
Food Deserts in Rural America Expose Need for Broader Distribution Strategies
Food insecurity remains prevalent in the U.S. with sparsely-populated rural areas often being disproportionally affected. Rural communities comprise 63% of all U.S. counties but 87% of counties with the highest food insecurity rates. The primary challenge for rural residents is the prevalence of low-access food deserts, where the distance to supermarkets impedes the ability of …
Oct 05
AFT Sponsors America the Bountiful Series on PBS to Call Attention to Farmland Protection, Practices and People
American Farmland Trust, has announced it will sponsor the new national public television series America The Bountiful with its premiere planned for Spring 2024. American Farmland Trust is the only national organization that takes a holistic approach to agriculture, focusing on the land itself, the agricultural practices used on that land, and the farmers …
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