AG Rural News

More than 120 members of Congress are asking the Health and Human Services Secretary in a letter to immediately provide financial relief to rural hospitals, saying many are just days away from going broke. Emergency funding for rural hospitals is part of the CARES act passed by Congress and signed by the president last week. The lawmakers say many rural hospitals have stopped performing elective procedures and are no longer seeing non-urgent patients because of the  COVID-19 emergency but those actions threaten rural hospitals’ financial viability. ...
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Mike Drinnin is a cattle feeder from Clarks, Nebraska and immediate past president of the Nebraska Cattlemen’s organization. In this interview with Brownfield, Drinnin discusses challenges facing his operation, and the cattle industry in general, in light of recent events. Audio: Mike Drinnin ...
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Ag News

The USDA’s national condition ratings for corn and soybeans dipped last week because of hot temperatures and storm damage. As of Sunday, 69% of U.S. corn is in good to excellent condition, down 2% on the week, with 29% of the crop silking, compared to the five-year average of 32%, and 3% at the dough making stage, matching the usual pace. 68% of soybeans are called good to excellent, 3% less than last week, with 48% of beans blooming, compared to 40% on average, and 11% at the pod setting stage, compared to 10% normally this time of year. ...
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There were no big surprises in today’s supply and demand report from USDA and the trade quickly turned its attention to what appeared to be a moderating weather outlook for the Corn Belt over the next few days. Market analyst Arlan Suderman says weather is the key to whether corn market can move higher. “You’ve got to take a billion bushels off this before the market really gets interested—and, so far, the market simply hasn’t seen a weather risk to justify that,” Suderman says. ...
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The USDA has slashed its’ projection for 2020 corn production and raised the outlook for soybeans slightly. Those changes follow the June 30th planted area totals, with showed lower than expected corn acreage against an increase for soybeans. Corn production is pegged at 15 billion bushels, down 995 million from the June supply and demand report, pulling the new crop ending stocks guess down 855 million bushels from last month to a still bearish 2.648 billion bushels. ...
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USDA’s monthly supply and demand report comes out Friday. Analysts say the corn numbers will draw the most interest, primarily the new crop ending stocks, which will be adjusted to reflect the lower planted acreage for corn released last week. One of the questions is whether USDA will also lower its corn yield estimate for this year’s crop. Analyst Jeff Peterson with Heartland Farm Partners says that’s not likely. “Normally we don’t see too much of an adjustment from the June to July yield,” he says.  “Unless we’ve had some extreme weather conditions.  Even though we have some warm conditions and some dry conditions showing up, so far, I...
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