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Agri-Line - Le Mars Agricultural Connection

Grain Prices Likely To Remain Low Through 2015 Marketing Year

(Le Mars) -- Corn prices are low, as are gasoline prices, so how is the ethanol industry faring?  An Iowa State University agricultural economist says the ethanol industry is facing a good news - bad news scenerio with profit margins becoming very slim.

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Chad Hart spoke at a Crop Advantage seminar in Le Mars on Tuesday.  He says ethanol is able to compete when oil prices are high, but times like today, the ethanol industry still needs support from subsidies.
 
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Hart says there isn't much optimism for improvement in the grain prices for this next marketing year.

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The grain marketing specialist says if there is a possibility for hope in the grain markets, it could be with exports.

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2015 May Be Good Weather Year For Crops

(Le Mars) -- An Iowa State University Extension Climatologist believes 2015 should be a decent year for farmers and their crops.  Elwynn Taylor spoke before nearly 200 farmers in Le Mars on Tuesday.  He says subsoil moisture levels have for the most part, been replenished across the cornbelt, giving farmers some optimism for having another good yield, despite what appears to be a dry winter.

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Taylor says the nation is ending one weather cycle and is starting another.  He says so far, we are having a moderate el nino' weather pattern which could mean above average crop yield for 2015.

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The Extension Climatologist says farmers may see a cycle that could be more volatile.

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Judge Blocks Farm Groups Lawsuit Against EPA

Judge Blocks Farm Groups Lawsuit Against EPA

 MINNEAPOLIS (AP) - A federal judge has rejected a lawsuit by two major farm groups that sought to block the release of data on large livestock farms in Minnesota and Iowa.
     The American Farm Bureau Federation and the National Pork Producers Council filed the lawsuit in in Minneapolis in 2013 after some activist groups requested the Environmental Protection Agency data under the Freedom of Information Act. The data includes physical addresses and other operational details about the farms. The farm groups said releasing the data would violate farmers' privacy.
     But U.S. District Judge Ann Montgomery dismissed the lawsuit Tuesday. She ruled that Farm Bureau and the Pork Producers lacked legal standing. And she pointed out that the data the two groups sought to keep private is easily available from other public sources anyway.

   

USDA Reports Record Corn & Soybean Harvest

DES MOINES, Iowa (AP) - The U.S. Department of Agriculture's final tally of the 2014 crop year is showing farmers brought in record corn and soybean crops.
     The agency says in reports released Monday that farmers harvested a record 14.2 billion bushels of corn. That is 3 percent more than the 2013 crop, which had set the previous record. The average bushel-per-acre yield is 171, significantly better than the 158 bushels per acre in 2013.
     The record crop came even though farmers harvested about 5 percent fewer acres than in 2013. Record yields are estimated in 21 states, including Illinois and Nebraska.
     Soybean production also is a record at 3.97 billion bushels, up 18 percent from 2013. Farmers harvested a record 83.1 million acres in 2014.
 

   

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