Monthly Archives: March 2012

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USDA Market News

The USDA Market News Service reports feed ingredient prices for the week ending
March 06, were mixed.

  • Soybean Meal was 10.00 to 21.40 higher.
  • Cottonseed Meal was steady to 15.00 higher.
  • Whole Cottonseed was 3.00 lower to 10.00 higher.
  • Canola Meal was 5.00 to 10.60 higher.
  • Linseed Meal was steady to 10.00 higher.
  • Sunflower Meal was steady to 5.00 higher.
  • Crude Soybean Oil was 114 to 175 points lower.
  • Crude Corn Oil was 100 points higher.
  • Meat and Bone Meal was steady to 20.00 higher.
  • Blood Meal was steady in California.
  • Feather Meal was steady to 30.00 lower.
  • Fish Meal was steady. Corn Hominy was steady to 5.00 lower.
  • Corn Gluten Feed was steady to 10.00 higher.
  • Corn Gluten Meal was steady to 45.00 higher.
  • Distillers Dried Grains were 8.00 lower to 7.00 higher.
  • Wheat Middlings were 7.00 lower to 32.00 higher, mostly 5.00 to 15.00 higher.

**All prices quoted per ton unless otherwise noted**

By |2012-03-08T23:14:04-06:00March 7th, 2012|Commodities, USDA Market News|0 Comments

Q & A on Farm Policy

Washington consultant Jim Wiesemeyer is asked many questions during
his frequent travels around the country. These are his typical
responses to queries about upcoming elections and farm policy issues.

Q: What will happen to estate tax provisions after 2012?

A: Current language expires at the end of this year, and if it isn’t
changed, the estate tax exemption goes from the current $5.12 million
mark to $1 million — equivalent to around 150 acres of Iowa
farmland! Congress will likely extend the current language via a
lame-duck session of Congress after the Nov. 6 elections. That is
when lawmakers must deal with the expiring 2001 and 2003 tax
cuts. The unknown is how many years the estate tax language will
be extended — it will not likely be permanent. […]

By |2012-03-03T00:09:44-06:00March 2nd, 2012|Articles|0 Comments

March Supply & Demand Report

Traders are expecting that the March Supply and Demand report will show reduced South American corn and soybean production estimates, which will lower the world carryover stocks. This is leading to increased US exports, which in turn is also lowering the estimates for US carryover stocks. This is what Informa is expected to show in their mid-morning update. The degree of these changes will impact the direction and extent of the midsession trade.
With the calendar turning to March this week, there is […]

By |2012-03-02T23:50:51-06:00March 2nd, 2012|Commodities|0 Comments
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