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4 Sep 2020
OMAHA (DTN) -- The average price for domestic distillers dried grains (DDG) from the 40 locations DTN contacted with spot offers for the week ended Sept. 3 was $142 per ton, up $2 versus the prior week. DDG prices were steady to mixed for the week as some sellers noted domestic demand has been steady and corn prices haven't been as strong as in lat...
4 Sep 2020
RADCLIFFE, Iowa (DTN) -- Agriculture Secretary Sonny Perdue used the trip to Iowa to declare 18 counties in the state as disaster areas for agriculture, allowing farmers hit by the derecho on Aug. 10 in those counties to access some special USDA programs for conservation and clean-up.Perdue said there are still some considerations for adding counti...
4 Sep 2020
In February 2019, I remember being at the National Farm Machinery Show in Louisville, Kentucky, trying to explain the soybean market to an audience eager to hear DTN's weather and market outlook. At that point, we were seven months and several layers of new tariffs into the trade dispute with China.I had the unpleasant task of showing how USDA was ...
3 Sep 2020
OMAHA (DTN) -- Despite the pandemic, or because of government response to it, the U.S. farm sector is projected to have stronger income for 2020 than a year ago.The latest projections for U.S. net farm income for 2020 show a nearly 23% increase from 2019 levels due to higher government payments to farmers and lower interest expenses, USDA's Economi...
3 Sep 2020
DECATUR, Ill. (DTN) -- Reid Thompson's lone irrigated field is a 135-acre testimony to what 2020 soybean yields might have been."We desperately needed a measurable rain event in mid-August and we didn't get it," said Thompson, who farms near Colfax, Illinois, in McLean and Ford counties. "We've been seeing the dry conditions show in the corn crop f...