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News
by DTN
Jul 13, 2012
According to agriculture census data from USDA, there are 359 farms in Custer County and about 601,000 acres of farm land. Total ag sales in the county were about $14.4 million in 2007. About three-fourths of agriculture land in the county is dedicated to pasture.
Markets
by DTN
Jul 6, 2012
last week and an 8 percent five-year average. “Silking reached 25 percent, meaning the crop continues to suffer through hot, dry conditions during critical maturation,” Sanow said. “This, combined with the worsening condition ratings, point to a national yield well below USDA’s 166 bushels per acre (bpa),.
News
by DTN
Jun 29, 2012
Prior to the amendment votes, the new farm bill was scored to cost $498 billion over its five-year lifespan, or $969 billion over 10 years, based on congressional scoring procedures. The bill spends about $23 billion less than projected spending would have been if the current law and programs were extended.
News
by DTN
Jun 22, 2012
The Environmental Protection Agency (EPA) will be allowed to continue using aerial surveillance as a tool to enforce Clean Water Act (CWA) violations after the U.S. Senate last Thursday failed to pass two separate amendments to the farm bill—one to ban the practice and another to allow aerial surveillance with certain restrictions.
News
by DTN
Jun 15, 2012
The hearing in Jefferson City, MO, was in response to protests by farmers and state officials who say that the Corps’ plan to dump nearly a million cubic yards of dredged soil from its habitat restoration projects into the Missouri River is wasteful and displays a double standard in regulation of the Clean Water Act (CWA).
News
by DTN
Jun 1, 2012
Nebraska’s Emily Guerra, age 2, died when she fell off a spooked horse while her father was helping to brand calves. Austin Reuter, a 7-year-old from Iowa, died after an ATV rolled over him during evening chores, and Travis Flory, a 3-year-old in Wisconsin, was killed when he was accidentally run over by a skid steer his brother was driving.
News
by DTN
May 18, 2012
CME Group has withdrawn its proposal to expand electronic grain trading hours to 22 hours per day, according to a Commodities Futures Trading Commission (CFTC) spokesman. The Kansas City Board of Trade (KCBT) also pulled its parallel proposal and submitted a new one, in which electronic trade would open at 5 p.
News
by DTN
May 4, 2012
“This was, reportedly, 10 percentage points above pre-report expectations,” said DTN Analyst John Sanow. “The most impressive showing to note is Illinois and Indiana at 79 percent and 70 percent, respectively, as compared to the five-year average of 29 percent and 20 percent.
Markets
by DTN
Apr 27, 2012
It’s no shock that input costs for corn production have staged four years of sizable price increases. But unlike past seasons, higher overheads will be exposing producers to more serious marketing risks in 2012, cautions financial adviser Sam Bachman with AgriSolutions.
News
by DTN
Apr 20, 2012
Gas guzzlers beware: Higher diesel prices could take some of the fun out of farming in 2012. Assuming an Illinois corn grower averaged $2.83/gallon for diesel in 2011, each $1/ gallon increase in 2012 will shave this year’s profit margins as much as 4.5 percent, according to Sam Bachman, a financial consultant with AgriSolutions, Brighton, IL.
News
by DTN
Apr 13, 2012
In a response to the studies, insecticide manufacturer Bayer CropScience said the studies used higher than normal levels of neonicotinoid insecticides, and results contradicted results found in previous studies using “fieldlevel” amounts of the insecticides.
News
by DTN
Apr 6, 2012
It was definitely easier for an above-average corn grower to shoulder extreme rent in 2011 than 2012, according to financial adviser Sam Bachman with AgriSolutions, a Brighton, IL, financial consulting firm.
News
by DTN
Mar 23, 2012
A fact surprising accountants as they study yearend farm financials for 2011 is how well private policies paid for wind and hail coverage, separate from more than $10 billion in claims paid nationwide under federal crop insurance last year.
News
by DTN
Mar 9, 2012
Ethanol producers want to expand the market for ethanol in the U.S. by promoting the use of motor gasoline with a 15 percent ethanol ratio, or E15. But their efforts are being frustrated by many hurdles that might delay the fuel’s commercialization for some time, attendees at an ethanol conference held last week were told.
News
by DTN
Mar 9, 2012
“We need to better market this industry with a positive message [such as] consumer choice [over which fuel to use], paying less at the pump and people getting jobs and the more opportunities now available to rural America,” he said. “What is at stake is a [fight over the] value system and it starts with agriculture.
News
by DTN
Mar 2, 2012
U.S. Food and Drug Administration (FDA) Commissioner Margaret Hamburg said last Wednesday that if her agency does not get more money to implement the Food Safety Modernization Act, she can already predict an increase in foodborne illness and problems with imported food.
News
by DTN
Mar 2, 2012
The state’s highest court found in favor of two Texas farmers who challenged the Edwards Aquifer Authority (EEA), according to the court’s ruling. In 1996, Burrell Day and Joel McDaniel requested a permit to pump water for crops from the Edwards Aquifer on a ranch near San Antonio.
News
by DTN
Mar 2, 2012
Smith’s comments paralleled statements in USDA’s Livestock Outlook report, which said that consumption of red meat and poul try would drop roughly 6 pounds per capita in 2012. The average American will consume about 198 pounds of meat, the Outlook report stated.


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