A California company announced this week that it has successfully developed a hybrid jatropha variety which has high yield, rapid time maturity and a non-toxic protein meal. The plant is being promoted primarily as a source of oil for use in producing biodiesel.
New Crop Soybean Exports Begin Yesterday's USDA Grain Inspection Report indicated the department inspected three large cargoes of soybeans last week for export from elevators along the Mississippi River. Shipments totaled 64,800 MT for Germany, 60,066 MT for Indonesia and 19,854 MT for Japan. It is almost certain the cargoes were mostly soybeans harvested in the last few weeks in Louisiana, Mississippi and perhaps Arkansas. Reports indicate farmers in those states began...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
