Monthly Archives: August 2017

Former Ag Secretary John Block’s Weekly Commentary – “Farm Bill”

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association and CropLife America. They are friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

Area of Abnormally Dry Conditions Shrinks

  In the latest drought monitor released by the Drought Mitigation Center for conditions through Tuesday morning, North Carolina’s abnormally dry conditions abated some, falling from 35.28% to 27.81%.  The area of shrinkage is largely from east to west, and

Livestock Futures Continue to Fall

Cattle futures fell to the lowest close this year as cash-market prices tumbled amid a boost in slaughter-ready cattle supplies. Falling cash prices have increased pressure on the futures market, with traders betting that cash prices will fall further as

Summer Heat Drying Out the Southeast

  Yesterday, we heard from NC State Climate offices’ Applied Climatologist, Corey Davis on the revised hurricane forecast from NOAA.  Today, Davis talks about the state’s dry conditions, the chances of tropical moisture, and what could be in store for

NC State Ag Economist Dr. Mike Walden – “How Are We Doing?

  Mary:  This is Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program asks, how are we doing?  Mike, there appears to be a general feeling that many households are stuck economically.  They simply are not

NC Cash Beans on the Rise

At the weekly livestock auctions held Wednesday at Norwood and North Wilkesboro 1,006 cattle and 4 goats were sold. N.C. Broiler-fryers: The market is steady and the live supply is adequate to meet the moderate demand.  Average weights are desirable

NAFTA Renegotiations Present Opportunity for Fair Trade

  Trade representatives from the United States, Canada and Mexico will meet this week in Washington, D.C., to begin an official renegotiation of the North American Free Trade Agreement, also known as NAFTA. NAFTA was agreed to more than 20

Markets Tumble After August Report

  Commodity markets dropped sharply after the USDA issued its August yield estimates. Corn and soybean production estimates came in significantly higher than most of the pre-report expectations. Dr. John Newton, American Farm Bureau Federation director of market intelligence, talked

Cash Belly Prices Fall Pulling Hog Futures Down

Hog futures fell sharply after a steep drop in pork-belly prices. Pork bellies fell 15.54 cents to $1.8059 a pound, as of midday Wednesday. A run-up in belly prices to highs in recent months buttressed the hog market, helping limit

NC Cash Grains Fall Alongside Futures

Cattle:  At the livestock auction held Tuesday in Shelby a total of 541 cattle and 3 goats were sold. Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights