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AgFax Weekend: Ag Bankers Optimistic; Want a Black John Deere Tractor?

AgFax Weekend: Ag Bankers Optimistic; Want a Black John Deere Tractor?

👤AgFax Staff 🕔Nov 17, 2017

In this week’s AgFax Weekend – Ag Bankers Optimistic; Want a Black John Deere Tractor?; Tax Reform – Benefits and Drawbacks; and more.

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DTN Livestock Close: Feeder Cattle Finish Week With Triple-Digit Losses

DTN Livestock Close: Feeder Cattle Finish Week With Triple-Digit Losses

👤By John Harrington DTN Livestock Analyst 🕔Nov 17, 2017

The cattle complex closed solidly lower with feeders feeding the late-week sell-off. On the other hand, lean hog contracts settled on a mixed basis with nearbys gaining on their deferred counterparts. GENERAL COMMENTS The cash cattle trade was not tested

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Oil Crops Outlook: Export Competition Suppresses Expansion of U.S. Soybean Sales

Oil Crops Outlook: Export Competition Suppresses Expansion of U.S. Soybean Sales

👤From USDA 🕔Nov 17, 2017

USDA’s November Crop Production report forecasts the 2017/18 yield for soybeans at 49.5 bushels, down slightly from last month. The estimate of U.S. harvested area is unchanged at 89.5 million acres, so the yield reduction trims the 2017/18 forecast of

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Wheat Outlook: Global Exports Raised on Expanded Russian, U.S. Sales

Wheat Outlook: Global Exports Raised on Expanded Russian, U.S. Sales

👤From USDA 🕔Nov 17, 2017

Global wheat exports are raised 250,000 metric tons this month to 182.2 million on strengthening Russian sales and improving U.S. prospects, more than offsetting cuts for Australia and Brazil. Russian exports are raised 500,000 tons to 33.0 million due to

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Georgia Pecans: Moderate Deliveries, Market Slightly Higher

Georgia Pecans: Moderate Deliveries, Market Slightly Higher

👤From USDA 🕔Nov 17, 2017

Deliveries were moderate and the market is about steady or slightly higher with the exception of Stuarts being slightly lower. Interest from commercial shellers and accumulators for the domestic market has increased slightly, and retail gift-pack businesses are fairly active.

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Rice Outlook: U.S. Export Forecast Lowered 2.0 Mln Cwt

Rice Outlook: U.S. Export Forecast Lowered 2.0 Mln Cwt

👤From USDA 🕔Nov 17, 2017

This month, USDA fractionally lowered its 2017/18 U.S. rice production forecast to 178.4 million cwt due to a smaller yield. The crop reduction was offset by a higher long-grain import forecast, with total supplies nearly unchanged from the previous forecast.

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Cleveland on Cotton: A Battle of Supply vs Supply

Cleveland on Cotton: A Battle of Supply vs Supply

👤By O.A. Cotton, O.A. Cleveland, Consulting Economist, Cotton Experts 🕔Nov 17, 2017

The U.S. is running out of cotton, again.  Likely, a few of you are thinking my medication has gotten the best of me.  The November USDA world supply demand report estimated U.S. carryover would balloon to 6.1 million bales.  I

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Rose on Cotton: We’ll Take That Win

Rose on Cotton: We’ll Take That Win

👤By Louis W. Rose IV, Scott Sivils, Barry Bean - The Rose Report 🕔Nov 17, 2017

Cotton bulls were once again small winners on the week as demand became the market’s focal point, with the Mar contract picking up 21 points.  The Dec – Mar switch is once again significantly inverted at 43.   This week was

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2017 Average Farm Land Rent and Labor Rates

2017 Average Farm Land Rent and Labor Rates

👤By Doug Mayo, University of Florida Extension County Director 🕔Nov 17, 2017

Some of the most challenging conversations, in almost any relationship, are the ones about money.  This is certainly true as farmers and landowners negotiate lease agreements, or managers and workers negotiate salaries for the year ahead. It can be pretty

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Rice Update: Market Moved by New Business, Demand Factors

Rice Update: Market Moved by New Business, Demand Factors

👤From the Rice Advocate, U.S. Rice Producers Association 🕔Nov 17, 2017

For the first time in some weeks, the rice industry has seen some significant market movements as a result of new business and demand factors.  In the export sector, the sales volume was notably decreased from the previous report. At face

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