Svennes Crop Insurance

Saturday, July 4, 2009 | 4:22 PM 

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DTN Top Stories

Normal monsoon rains are behind schedule in China and India; conditions are also dry in Ukraine. See DTN Ag News. BFull Story...

Don't make the mistake of dismissing the flu-pandemic talk as meaningless hype. This flu's implications for agriculture go well beyond the effects of its unfortunate popular name on pork producers. See DTN Ag News. BFull Story...

Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment. See DTN Ag News. BFull Story...

Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit. See DTN Ag News. 1^Full Story...

USDA is predicting a larger corn carryout for the current crop year and larger production for the new corn crop. Combine that with a weak demand outlook, and it will be hard for futures prices and basis levels to rally without something to drive demand. See DTN Ag News. BFull Story...


Ask the Taxman by Andy Biebl
7/02 8:21 AM
Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit.
Aphid Prospects for 2009
7/02 7:55 AM
Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment.
Midsummer Weather Outlook - 4
7/02 6:24 AM
Weather improves for U.S. wheat, but stays dry in the Canadian Prairies.
Animal ID Meetings Lose Steam
7/01 8:16 AM
A USDA meeting on animal identification in Omaha didn't generate the volume of people or protests as at earlier events, but one rancher testified that her cattle have been tagged against her will because of bovine tuberculosis.

DTN Market Matters Blog
Extended eCBOT Minutes Look Good
Pat Hill (Bio) – DTN Markets Blogger

The CME Group's decision to extend overnight electronic trade until 7:15 a.m. Central Time is a welcome change, but it's too soon to say whether it will have any market impact. [Read and Comment on Full Blog]

Posted at 11:24AM Thu Jul 2, 2009 CDT

DTN Weather Summary
Rains in Northern Plains Friday
Bryce Anderson (Bio) – DTN Meteorologist

Friday will feature thunderstorms with light to moderate rain in the Northern Plains. This unsettled weather pattern will continue into the Independence Day holiday Saturday over the northern and western Plains through western Midwest. » More DTN Weather Commentary

Posted at 1:32PM Thu Jul 2, 2009 CDT

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Livestock Risk Protection

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LRP Quoting Software 
LRP Feeder Cattle Actual Ending Values


Quotes
 
C - CORN - CBOT
  High Low Last Chg
Jul 345'6s -6'0
Sep 345'6s -10'6
Dec 357'4s -11'6
 
S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1243'0s -15'4
Aug 1154'0s -6'4
Sep 1061'0s -7'4
 
W - WHEAT - CBOT
  High Low Last Chg
Jul 500'2s -6'0
Sep 529'0s -6'4
Dec 555'0s -6'4
 
FC - FEEDER CATTLE - CME
  High Low Last Chg
Aug 103.450s - 0.325
Sep 102.125s - 0.050
Oct 102.475s 0.225
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Aug 84.875s - 0.875
Oct 90.225s - 0.550
Dec 90.050s - 0.075

 

 

Local Forecast
Brookings, SD
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Brookings, SD
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Temp: oF Feels Like: oF
Humid: % Dew Pt: oF
Barom: 30.10 Wind Dir: NNW
Cond: N/A Wind Spd: 12 mph
Sunrise: 5:49 Sunset: 9:14
As reported at BROOKINGS, SD at 4:00 PM
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