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Brooks Schaffer Market Report for Friday November 8

Brooks Schaffer Market Report for Friday November 8

Nov 8, 2024 | 3:23am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Election day is behind us and the outcome is not in question. That is a weight off the market right now. The markets have not started pricing in policies of the new administration yet because frankly, we […]
CDC calls for expanded testing for bird flu after blood tests reveal more farmworker infections

CDC calls for expanded testing for bird flu after blood tests reveal more farmworker infections

Nov 7, 2024 | 5:32pm
Federal health officials are calling for more testing and treatment of workers on farms with bird flu. The new guidance comes after a study showed that some dairy workers had signs of infection, even when they didn’t report feeling sick. Blood tests of 115 workers on farms in Michigan and Colorado showed that eight workers had antibodies that indicated previous infection. The finding suggests the virus may be spreading more widely. Four of the workers reported feeling sick and four reported no symptoms. Officials said the risk to the public remains low.
Mixed Election Reaction in the Commodity and Equity Markets

Mixed Election Reaction in the Commodity and Equity Markets

Nov 7, 2024 | 9:33am
In the marketplace, there was thinning volume ahead of the elections on Tuesday, with expectations of potential fireworks in the overnight trading session, and with Donald Trump elected as president, soybeans dropped 20 cents. Corn down to before the market opened on Wednesday, Don Roose, president of US Commodities, says the bottom line: “It’s the […]
Two Major USDA Reports on the Way

Two Major USDA Reports on the Way

Nov 7, 2024 | 3:27am
How big a corn crop will our growers harvest this season? Will us soybean production actually set a new record high, as some have predicted? We’ll have a very much better idea about that just hours from now, this Friday the eighth. “By the time we get to November, the forecasts are usually very close […]
Betting on the ‘Slope of Hope’

Betting on the ‘Slope of Hope’

Nov 7, 2024 | 12:55am
An Iowa State ag economist is much less hopeful for the price of soybeans as it relates to leaving them in long-term storage. Chad Hart is an Extension agricultural economist from Iowa State University. Well, as you know, I’m hearing that there is some movement, but I’m hearing a lot more that a lot of […]
Nieffer: FARM Act Could Bridge Gap to Stalled Farm Bill

Nieffer: FARM Act Could Bridge Gap to Stalled Farm Bill

Nov 6, 2024 | 10:11am
With farmers up against tight margins and continuing to wait on a new Farm Bill, the Farm Assistance and Revenue Mitigation Act (FARM Act) has been introduced to Congress to help offset some of that financial pressure. Farm CPA Paul Neiffer on the Top Producer podcast says the $20 billion sought for farmers could be […]
H5N1 Found in Pigs, Biosecurity More Important Than Ever

H5N1 Found in Pigs, Biosecurity More Important Than Ever

Nov 6, 2024 | 12:39am
USDA recently confirmed the first case of H5N1 bird flu in a pig. Dr. Megan Niederwerder, executive director of the Swine Health Information Center, says after the virus jumped from poultry to the beef herd, there was a possibility of it moving into pork as well. “We certainly knew it was a risk. I think […]
Farm Bureau: TN Visa Program a Key Part of Ag Labor Force

Farm Bureau: TN Visa Program a Key Part of Ag Labor Force

Nov 5, 2024 | 10:56am
With agricultural labor challenges across the entire sector, some farmers and ranchers are turning to a unique type of visa to alleviate the burden. Samantha Ayoub, an associate economist for the American Farm Bureau Federation, says the TN visa program is meant to help farmers find technically skilled workers. “TN visas are part of the […]
SC Commissioner Weathers: Veterans a Big Part of South Carolina Agriculture

SC Commissioner Weathers: Veterans a Big Part of South Carolina Agriculture

Nov 5, 2024 | 10:41am
Veterans Day is coming up on Monday, November 11. How important are military veterans to South Carolina agriculture? Here in South Carolina, around 12 percent of producers are serving or have served in the military. We’re tied with Florida for 1st in the nation. Nationwide, there are around 306,000 producers with previous or current military […]
Brooks Schaffer Market Report for Tuesday November 5

Brooks Schaffer Market Report for Tuesday November 5

Nov 5, 2024 | 2:53am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Today is Election Day. The hope from the market’s perspective in the short term is that we know who the winner is. There have been so many promises made by both sides that we do not know […]