Grain markets face slower recovery amid farm bill uncertainty
Grain market analyst Mike Hinebaugh spoke to the Wisconsin Grain Dealers Association warning that export demand has fallen for years and farm bill politics delay price recovery. He cited rising wheat and corn support prices since 1965, global oversupply, and foreign production as key risks, while proposing strategies like selling puts and storing grain to weather the year.
MENTIONED IN THIS ARTICLE
Washington
Mike Hinebaugh
Blunt
Ellis
Loewi
Wisconsin Grain Dealers Association
Spain
South Africa
Orient
China
Mr. Hinebaugh
Grassroots aid underway for Ethiopian famine relief
A planeload of dry whole milk shipped from Iowa to a Somalia refugee camp supports CARE efforts. Funds raised since May total over $30,000, split between milk and airfare, with John Marks coordinating in Somalia and urging immediate aid focused on 800 ill children.
MENTIONED IN THIS ARTICLE
Ethiopia
Air France
Somalia
Peg Borucki
Iowa County
Kids of
Wisconsin
John Marks
Sauk City
Drought cuts Vernon County corn outlook and aid programs
Vernon County faces a 40 percent corn yield drop with LaFarge areas at 25 to 30 bushels per acre and Sparta regions at 15 to 20. The emergency feed program targets 500 to 700 eligible farmers as CCC loan corn supplies aid dairymen, with prices around 1.43 per bushel versus 1.75 to 1.80 elsewhere.
MENTIONED IN THIS ARTICLE
LaFarge
Sparta
Stintzi
CCC
Mr. Stintzi
Also Mentioned on This Page
Beaver Dam
Hinebaugh
U.S
Saudi Arabia
U.S. Corn
Mrs. Borucki
Mr. Marks
Vernon
Viroqua
Vernon County
Jack Stintzi
ASCS
Equity Livestock Sales Association
Western Wisconsin Beef Producers Cooperative
Monroe County Extension Ag
Dave Olson
Rod Knuldson
Mineral Point
WFE
Baldwin
Triangle Eq. Co., Inc
Clear Lake
Son Equipment Co, Inc
Peterson
Mason
Lulich Livestock & Impl
Menomonie
Rusk
Greenville
Greenville Co-op Gas Co
Farmer's Imple. Store of Mineral Point, Inc
South
Neillsville
Hixton
W.H. Lien, Inc
Juda
Davis Implement, Inc
Kuehn
New Auburn
North Star
Owen
Owen Implement, Inc
Ridgeland F.A. Co-op
Sherwood
Mader
Seymour
Tesch Brothers Imple., Inc
Sun Prairie
Hanley Implt. Co., Inc
W. Main St
Valders
Valders Implement, Inc