Interest in tiling fields to improve drainage continues to grow, fed
by improved yields, tax breaks and earlier planting dates.
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A short course at Texas A&M examined why cattle producers struggle
even when cattle prices remain strong. Higher energy costs ripple down to the
cow-calf operations through increased feed and fertilizer costs for pasture.
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In Tuesday's Early Word Opening Grains market comments DTN's senior
analyst mentioned the possibility of December corn moving back to $3.75, but he
thought a bit more explanation might be in order.
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Russia plans to cut import quotas of U.S. chicken and pork by
"hundreds of thousands of tons." Russia may also pull out of trade deals since
its entry in the WTO is being held up due to the country's controversial war
with Georgia.
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The inspector general for the U.S. commodity futures regulator has
officially begun an investigation into an interagency report on commodity
markets. Four U.S. senators allege that the CFTC knowingly included "seriously
flawed" data in the report and that the timing of the report was "suspicious."
See DTN Ag News. C^Full Story...