Closing Market Report

ifr180202–033 Is It Time to Sell New Crop Soybeans Todd Hubbs, Agricultural Economist - University of Illinois read farmdocDaily article Soybean prices rallied over the last week on increased uncertainty in South American soybean production and a weaker dollar. Soybean prices in the 2017–18 marketing year are following a very similar pattern to last marketing year and brings to the forefront the prospects of 2018 soybean sales. New crop cash bid prices for harvest in central Illinois recently ranged between $9.70 and $9.80. A prudent marketing plan for soybeans this year may possess some selling of new crop soybeans in this price rally says Todd Hubbs from the University of Illinois.

ifr180126–029 Can Corn Prices Get Above the Current Range Todd Hubbs, Agricultural Economist - University of Illinois read the farmdocDaily article March corn futures continue to trade between $3.48 and $3.60. This has been the case since the release of the November USDA supply and demand tables. It continues today despite the bearish information contained in USDA’s end of year reports released January 12. Todd Hubbs says corn prices continue to stay in relatively narrow range, and that pattern may remain for the next several weeks. Listen to Todd Hubbs discussion of his farmdocDaily article with Univesity of Illinois Farm Broadcaster Todd Gleason The University of Illinois grain markets specialist says the present outlook projects ample corn supplies in 2018. This will likely keep corn prices in the current range until information on spring planting is released. USDA’s Prospective Plantings report is due March 29th. Hubbs says a typical price pattern sugges...

ifrMLKHoliday MLK Day | A Chronology of Martin Luther King’s Life This is a self-contained audio file meant for air on the Martin Luther King, Jr. Holiday in the United States.

ifr180112–012 Looking for Anaplasmosis in Beef Cattle Teresa Steckler, Commercial Agriculture - Illinois Extension Loy Hosselton, Beef Cattle Producer & Veterinarian - Clay City, Illinois Researchers at the University of Illinois are working with beef cattle producers in the southern third of the state to determine the prevalence of a disease that causes cows to become listless and die. Todd Gleason has more… 1:48 radio 2:02 radio self-contained 1:50 tv 2:05 tv cg A cattle disease called anaplasmosis has been ramping up in southern Illinois, or at least that’s the way it appears. In short, it causes severe anemia. Illinois Extension’s Teresa Steckler, with funding from the Illinois Beef Association, has been pulling blood samples from herds in the area. She’s trying to determine if the strain of anaplasmosis is one called Mississippi that can be controlled by a vaccine, or if it is something else. Steckler :35 …guys are reporting to me, the big black horse flies. ...