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Iowa leads USDA's list of top 100 ag co-ops

Iowa is home to more top 100 agricultural cooperatives than any other state, according to recently released USDA data. The number of top 100 co-ops in Iowa, 16, is up from 11 a decade ago. FULL STORY »

Role of benchmarks in the global crude oil market

The Brent-WTI spread, the difference between the front month futures price of North Sea Brent crude oil and that of West Texas Intermediate (WTI) crude oil, narrowed to $2.00 per barrel (bbl) as of October 15, after reaching a 2014 high of $14.95/bbl in January (Figure 1). FULL STORY »

Purdue economist: Record crops mean some harvest delays

Indiana's projected record corn and soybean crops will likely result in backups at the state's grain handling facilities and delay some farmers from harvesting, Purdue agricultural economist Chris Hurt says. FULL STORY »

Falling gasoline prices: There are lots of reasons why

Plummeting gasoline prices are the result of lagging economic growth in many parts of the world, the end of the summer driving season, less expensive winter gasoline and well-functioning Midwest refineries, Purdue University energy economist Wally Tyner says. FULL STORY »

Drought conditions improve in parts of U.S.

While California continues to be plagued by exceptional drought conditions, the Southeast, Plains and the Midwest all saw rains this week. FULL STORY »

Lower feed costs, less production lead to record livestock prices

The marketing outlook for cattle is basically a continuation of the last couple years, with more record prices. FULL STORY »

World Food Day 2014 toasts family farmers

A new survey highlights tension between love for the land and trying to make ends meet among North American family farmers. FULL STORY »

Can the world produce enough food for 2 billion more people?

With the world population rising, demographers are grappling with one of the most pressing issues of the century - will there be enough food for an extra two to four billion people? FULL STORY »

Winner of 2014 Borlaug CAST Communication Award named

The Council for Agricultural Science and Technology (CAST) presented the 2014 Borlaug CAST Communication Award to Alison Van Eenennaam, Ph.D., Oct. 15, at a morning event in conjunction with the World Food Prize Symposium in Des Moines, Iowa. FULL STORY »

Record corn crop realized and forecast raised

The U.S. 2014/15 corn yield forecast is raised once again to a new record high of 174.2 bushels per acre, 2.5 bushels higher than last month’s forecast. FULL STORY »

Large stock market losses depressed commodities Wednesday

Big equity losses weighed on the ag markets Wednesday. Tuesday’s weekly USDA Crop Progress indicated the corn harvest was farther along than expected, which weighed on CBOT futures in early trading. FULL STORY »

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