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9/3/10 4:02 PM Proposed rules would allow feed into Europe that is now rejected because of trace amounts of genetically engineered material.
9/3/10 4:00 PM Feverish opposition doomed USDA's proposed National Animal Identification System, but the backup plan of 50 state systems isn't likely to provide the rapid traceability needed to head off the worst consequences of contagious animal diseases.
9/3/10 3:57 PM Despite talk of eliminating all farm programs, Iowa Farm Bureau members on Friday voted to defend most programs but proposed eliminating direct payments in exchange for improved risk-management tools.
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Corn futures are expected to open steady to 2 lower as of 7:15 a.m. CDT; soybeans 5 to 7 higher; wheat 5 to 8 higher.
Meat contracts are expected to start out mixed in slow volume as traders position before the Labor Day weekend. Early business should be a limited combination of spillover buying interest and pre-holiday profit-taking.
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Futures and commodities trading involves significant risk and is not suitable for every investor. Information herein is strictly the opinion of its author and is intended for informational purposes. Information is obtained from sources believed to be reliable but is in no way guaranteed. Neither Northern Crops Marketing nor its employees are liable or responsible for its use. Opinions, data, and recommendations are subject to change; past performance is not indicative of future results.
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