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3 Nov 2015
By Katie MicikDTN Markets Editor OMAHA (DTN) -- Private analytical firm Informa Economics sees U.S. corn and soybean crops increasing slightly from USDA’s last forecast. It estimated the national average corn yield at 170.1 bushels per acre, up 2.1 bpa from last month. Production was pegged at 13.72 billion bushels. Informa increased its estimated...
2 Nov 2015
By Cheri ZagurskiDTN Managing Editor OMAHA (DTN) -- Eighty-five percent of the nation's corn and 92% of the soybeans were harvested as of Nov. 1, according to USDA's latest weekly Crop Progress report. Corn is 85% harvested, compared to 75% last week and a 79% five-year average. "Monday's report was neutral-to-bearish for corn," said DTN Analyst To...
2 Nov 2015
By Jerry HagstromDTN Political Correspondent WASHINGTON (DTN) -- In a sign of the changing times in agriculture, the Intercontinental Exchange (ICE) officially launched the first world cotton futures contract Monday. The launch of the contract means that U.S. cotton will no longer set the world price. ICE officials told the Commodity Futures Tradin...
2 Nov 2015
By Mary KennedyDTN Cash Grains Analyst MINNEAPOLIS (DTN) -- U.S. railroads will have more time to install new required safety systems thanks to legislation passed by Congress last week. On Oct. 27 and 28, bipartisan votes by lawmakers in the House and Senate passed HR 3819, which extended the deadline for implementing positive train control (PTC) b...
30 Oct 2015
By Chris ClaytonDTN Ag Policy Editor OMAHA (DTN) -- USDA's Farm Service Agency released a series of maps Friday detailing the range of haves and have-nots when it comes to payments under the Agricultural Risk Coverage program. While FSA announced more than $3.9 billion in commodity payments starts to go out this week to roughly 800,000 farmers, FS...