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20 May 2019
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- The nation's largest meatpackers face a second class-action lawsuit alleging conspiracy to drive down cattle prices. The suit was filed in federal court by a Fort Lauderdale, Florida-based live cattle futures trader. The plaintiff, Michael Sevy, alleges in a lawsuit filed in the U.S. District Court fo...
20 May 2019
By Elizabeth WilliamsDTN Special Correspondent INDIANOLA, Iowa (DTN) -- Good times lift both good and bad farm managers, but when profit margins grow slim, farmers with higher levels of business intelligence are more likely to succeed and grow. Agricultural economist Dave Kohl, a professor emeritus at Virginia Tech and adviser to ag lenders for mor...
20 May 2019
By Emily UnglesbeeDTN Staff Reporter ROCKVILLE, Md. (DTN) -- This spring is delivering a grim message to many farmers this year. "It seems like both the weather and the markets are telling us not to plant any of the big three cash crops this year," said Dan Petker, a farmer from Ontario, Canada. "Personally, if it stops raining today, we'd still be...
17 May 2019
By Pamela SmithDTN Progressive Farmer Crops Technology Editor DECATUR, Ill. (DTN) -- Eli Andersen loves to sing "The Weather Song." It's a favorite with his preschool class too. However, this year, the four-year-old farm kid says enough is enough. He's ready to drop the "is it rainy" lyrics and concentrate on a more hopeful: "Is it sunny?" Eli's pa...
17 May 2019
By Jerry HagstromDTN Political Correspondent WASHINGTON (DTN) -- Agriculture Secretary Sonny Perdue said late Wednesday that a second trade aid package for farmers may total $15 billion to $20 billion, the latter figure $5 billion higher than President Donald Trump has suggested. In a call to reporters from South Korea, Perdue said that the $15 bil...