DL News Staff
Minneapolis spring wheat, September contract; Friday $4.93; Monday Closed; Tuesday $5.07; Wednesday $5.12 3/4; Thursday $5.14 1/2. Chicago corn, September contract; Friday $2.46; Monday Closed; Tuesday $2.45 1/2; Wednesday $2.49 1/2; Thursday $2.55. Chicago soybeans, August contract; Friday $6.00 1/2; Monday Closed; Tuesday $5.92 1/2; Wednesday $6.00 1/2; Thursday $6.13 1/2. Chicago live cattle, August contract; Friday $85.67; Monday Closed; Tuesday $86.35; Wednesday $86.85; Thursday $85.95.
The Minneapolis Grain Exchange recently announced membership sales with three sold at $49,000 July 5. This follows a record month of trading with spring wheat futures trading at a record 169,574 contracts for the month. According to MGEX records, that is the highest June volume and the second highest monthly volume in the Exchange's 125-year history. The June spring wheat futures volume was 28 percent higher than a year earlier, according to MGEX president Mark Bagan.
The North Dakota State University Extension Service has a new publication to help small-grain producers fight fusarium head blight. The publication, "Ground Application of Fungicide for the Suppression of Fusarium Head Blight," describes the latest research and includes recommendations on the most effective application techniques. It also has a section on adapting spray nozzles to provide the proper fungicide spray pattern. Fusarium head blight, also known as scab, is a disease that can occur on all small-grain crops, but is most common on spring wheat, durum and barley.
Conventional and alternative breeding and gestation management are the focus of Pork Checkoff-funded Swine Training Programs scheduled for July in Waseca and Morris. Breeding and Gestation Management will be July 27-28 at the University of Minnesota Southern Research and Outreach Center, Waseca. Alternative Breeding and Gestation Management will be July 31-Aug. 1 at the University of Minnesota West Central Research and Outreach Center, Morris.
Judging for this year 4-H Demonstration and Food Revue Day is Friday July 14, at the Washington Square Mall, 12:30-5 p.m. The public is welcome to come watch the young 4-Hers in Becker County wow and amaze you with their talent. You will even get some free recipes! Come out and show your support for 4-H youth in Becker County! 4-H Clothing Construction & Fashion Revue Day Judging for 4-H Clothing Construction and Fashion Revue day is Tuesday July 18, at the Washington Square Mall, 12:30-5:30 p.m. The public is welcome to come and watch the young 4-Hers in Becker County.
U.S. cattle and calves on feed in major feedlots totaled 11.2 million head June 1. The U.S. Department of Agriculture reported this was 4 percent above a year ago, and 5 percent above June 2004.This is the second highest June 1 inventory since 1996. Feedlot placements during May totaled 1.91 million head, down 14 percent from a year ago, and 19 percent below 2004. Fed cattle marketing during May totaled 2.17 million head, up 9 percent from 2005 and 7 percent higher than 2004.
Energy prices remain on everyone's minds, although not necessarily the No. 1 item on the list. Still, it is near the top as we enter the heart of summer and you'd like to be outside enjoying the weather before fall comes along to change amber fields of grain into blackened fields. Not to pour cold water on your thoughts, but snow could be flying in three months, and those furnaces running again. A Fargo television station reported late Thursday that Minnesota resorts are registering steady business, with even first-time visitors checking in for vacations.
The U.S. Farm Service Agency is reminding participants in the 2006 farm program to report their acreages. The reporting is mandatory in order to receive the market assistance loan, loan deficiency eligibility, CRP payment, direct and counter cyclical program payment and non-insured assistance benefits. The reporting deadline for spring-seeded crops is July 17 at county FSA offices.
Producers still have time to vaccinate their livestock against anthrax, North Dakota State University Extension Service veterinarian Charlie Stoltenow says. The region's first anthrax case of the season has been found in northwestern Minnesota. Six of the cattle in a 17-head herd have died from the disease. The herd had not been vaccinated. Stoltenow said this is a little early for anthrax to appear. It usually doesn't surface until about July 1. The anthrax vaccine is very effective and safe, according to Stoltenow. It will not cause anthrax in animals and is not dangerous to humans.