National Agriculture News

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Four members of the University of Wisconsin-Madison's Department of Dairy Science were recently recognized for their achievements by the American Dairy Science Association.

Agricultural research, whether it’s conducted in the United States or abroad, has forever transformed the landscape of farming. From the hybridization of plant species and the production of biofuels to the utilization of precision-agricultural technologies, when countries invest in agricultural research the world benefits. Providing economic-development programs to developing countries reduces poverty rates and increases purchasing power, which expands market opportunities for U.S. farmers.

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There will be several baking contests hosted at this year’s Sheboygan County Fair. Don’t miss the daily entertainment! Look daily for Granpa Cratchet, the Wisconsin Dockdogs, and Pleasure Valley Pig and Duck Races. The fair will be held from Aug. 29 to Sept. 2 at the Sheboygan County Fair Association, 229 Fairview Drive, Plymouth, Wisconsin. Visit www.shebcofair.com for more information. Visit bit.ly/countyfairs2019 for more information on all Wisconsin fairs.

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It was a down day for grains as traders see a decent amount of rain in the upcoming forecasts, Ami L. Heesch of CHS Hedging said. “First blush crop reports, from the annual corn/soybean tour this week, suggest the corn and bean crops are lagging in development,” she said.

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Profit-taking was to blame for much of corn’s turn in the red today, Ami L. Heesch of CHS Hedging said. “Prices drew additional pressure from lack of fresh supportive news, slowing demand as evidenced in this morning’s inspection figure,” she said.

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In weighted average negotiated prices for barrows and gilts, USDA reported;

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Wheat’s market traded “in sympathy with the row crops,” Ami L. Heesch of CHS Hedging said. Harvest is expected to begin this week, after rains delayed movement last week. Export inspections were reported in line with expectations.

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“The hog market has been about as bi-polar as it possibly can get,” Oliver Sloup of Blue Line Futures said, adding that swings can be overblown. In the near-term, he said he thinks today’s movement in the lean hog market is more indicative of a relief rally.

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A drop in currency has slowed down Argentina farmers’ selling of soybeans, Steve Freed of ADM Investor Services said. Meanwhile, traders are starting to accept the USDA acreage and yield numbers, ahead of the crop tour results this week.

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Boxed beef cutout values this afternoon were firm to higher on moderate demand and light offerings, USDA said.

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The Wisconsin Department of Agriculture, Trade and Consumer Protection recently confirmed that a horse and a mule on the same premises in Taylor County, Wisconsin, have tested positive for equine infectious anemia. Those are Wisconsin’s first confirmed cases of equine infectious anemia in almost 15 years. There's no treatment for equine infectious anemia. To prevent transmitting it, infected animals are humanely euthanized.

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Due to several Vesicular Stomatitis (VS) outbreaks in Texas, Colorado, New Mexico, Wyoming, Oklahoma, and Nebraska all susceptible livestock (beef cattle, dairy cattle, sheep, goats, hogs, llamas, and alpacas) including horses coming to the Nebraska State Fair from Texas, Colorado, New Mexico, Wyoming, Oklahoma, and Nebraska need a 48 hour Certificate of Veterinary Inspection (CVI) to enter the fairgrounds. That CVI must also contain the federal VS statement: "The animals represented on the CVI have not originated from premises or area under quarantine for Vesicular Stomatitis or a premises on which Vesicular Stomatitis has been diagnosed in the last (30) days. I have examined the animals and found no signs of Vesicular Stomatitis." Animals will be observed once on the grounds. All horses will be examined daily by a veterinarian.

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According to Allendale, China’s top soybean buyer said they “can do without soybean supplies from the U.S. in the fourth quarter,” relying solely on South American imports.

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“Not much news,” CHS Hedging’s Steve Hyde said. “Hopefully weather will cooperate with producers this week to allow for better spring wheat harvest. World stocks continue to grow, demand is slack, but U. S. should be in better shape to compete for business given price levels at this time.”

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The slaughter number coming in higher last week may assuage fears that there will be an oversupply of cattle, The Hightower Report said. A surge in beef prices has also boosted packer margins, which may have helped the slaughter on Saturday.