Quality Liquid Feeds (QLF) and Archer Daniels Midland (ADM) have entered into a 50-50 joint venture for the production and sale of liquid feed supplements for livestock. The venture, to be called Alliance Liquid Feeds includes ADM production facilities in Twin Falls, Idaho, Billings Montana, Fremont, Nebraska and Johnstown, Colorado.Â It also includes the Loomix... Read more »
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Jul. corn closed at $4.19 and 3/4, up 6 cents Jul. soybeans closed at $10.45 and 1/4, up 1 and 1/4 cents Jul. soybean meal closed at $357.40, down $2.40 Jul. soybean oil closed at 33.36, up 35 points Jul. wheat closed at $5.85 and 3/4, down 1 and 3/4 cents Aug. live cattle closed... Read more »
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Scattered cattle sales were evident in parts of the North on Thursday. Some packers remained short bought, spending as much as 242.00 on the right kind of cattle, 2.00 more than Wednesdayâs general advance, and 4.00 to 5.00 higher than last week. The South was quiet with trade wrapped up for the week at steady... Read more »
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Colin Woodall of the National Cattlemenâs Beef Association says the USDAâs decision to allow beef imports from parts of Brazil and Argentina is political. âThis is a case where our own government was looking out more for a foreign entity than it was for their domestic producers,â Woodall told Brownfield Ag News Wednesday. The USDA... Read more »
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Â Soybeans were narrowly mixed, mostly firm, ahead of Independence Day weekend. Contracts posted strong gains over the past week due to acreage concerns and strong demand. Weekly old crop export sales were a net reduction, but it was another very strong week for physical shipments. Five day forecasts are generally showing a drier weather... Read more »
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