Closing Market Report

ifr180629–165 EPA’s Biofuels Proposal May Contradict Congressional Intent Scott Irwin, Agricultural Economist - University of Illinois The biofuels proposal U.S. EPA put forth this week appears to give the agency authority Congress did not intend. Todd Gleason has more from the University of Illinois. The proposed rulemaking asserts… 2:11 radio 2:22 radio self-contained 2:11 tv 2:22 tv cg The proposed rulemaking asserts EPA’s right to extend small refinery waivers without reallocating the congressionally mandated gallons. In this case that would be corn-based ethanol blended into the nation’s regular gasoline supply at the rate of no more than 15 billion gallons annually says University of Illinois Agricultural Economist Scott Irwin. Irwin :28 …not sure that they will be able to make that hold. Quote Summary - It seems like that could be challenged in court. It is easy to establish that this was the most important policy decision ...

ifr180622–160 McDonald’s Uses 2% of the U.S. Beef Supply Rickette Collins, Sr. Director Global Supply Chain - McDonald’s Corporation Have you seen those fresh beef quarter pounder commercials from McDonald’s? That campaign has been running since March. It is working, and as Todd Gleason reports some Illinois beef producers found out just how well at their association’s summer conference in Galena. 1:30 radio 1:46 radio self-contained 1:30 tv 1:46 tv cg A senior supply director for McDonald’s made an hour-long presentation to those farmers. They raise some of the beef used at its restaurants. Rickette Collins told them the fresh beef campaign has been a big success. Collins :10 …68% increase in Quarter Pounder sales. Quote Summary - So, in the U.S. we’ve just launched our fresh quarter-pound beef patties and we’ve seen tremendous success with about a 68% increase in Quarter Pounder sales. That was the initial upti...

ifr180622–161 KILL 9am Jun 22 | Farm Bill Vote Friday Jonathan Coppess, Agricultural Policy Specialist - University of Illinois The House of Representatives is set to vote Friday (today) on a version of the farm bill that failed earlier in the year. Todd Gleason has more from the Univeristy of Illinois on how the vote may go, what the bill contains, and how it compares to the Senate’s version of the legislation.

ifr180622–158 Nothing to do about Seedling Diseases in Soybean Nathan Kleczewski, Extension Plant Pathologist - University of Illinois Soybean seed treatments aren’t working at the moment and there’s nothing a farmer can do. Todd Gleason has more from east central Illinois. 1:47 radio 1:59 radio self-contained 1:50 tv 2:01 tv cg If you drive around much you’ll have noted some drown out areas in soybean fields, probably across the whole of the corn belt. Those are pretty easy to spot, but there are some areas that look like they’ve not been underwater - at least not for very long, if at all. They’re wilted back and showing signs of seedling diseases says University of Illinois Extension Plant Pathologist Nathan Kleczewski. Kleczewski :20 …are well past that point now. Quote Summary - Why am I seeing these diseases now? You must remember these soybeans have been in the ground for 30 or 40 days and seed treatments are going to on...

ifr180608–148 Replacing Petrochemicals with Biochemicals made from Corn Vijah Singh, Agricultural Engineer - University of Illinois Farmers gathered in St. Louis this week (June 4, 5, 6) to learn about future uses for the nation’s number one commodity crop. Todd Gleason has more from the Corn Utilization Technology Conference. CUTC happens every two years… 1:45 radio 2:02 self-contained 1:45 tv 2:02 tv cg CUTC happens every two years. It is a conference dedicated to future uses of corn. Vijay Singh is a regular. He works for the agricultural college at the University of Illinois and specializes in engineering ethanol processing plants. He sees them expanding to include biochemical production in the near future. Singh :23 …comes from the corn processing industry. Quote Summary - You know chemicals have been around, but they come from petroleum sources. Now what we are doing is rather than using petroleum sources is using renewable sources. That...

ifr180601–143 Corn Growth Stage and Post-Emergence Herbicides Aaron Hager, Extension Weed Scientist - University of Illinois The month of May was one of the warmest on record across the Midwest. That heat has the corn crop growing really fast. As Todd Gleason reports, this means farmers will be short on time to get post-emergence herbicide applications done. The labels of most post-emergence corn… 1:21 radio 1:36 radio self-contained 1:24 tv 1:38 tv cg The labels of most post-emergence corn herbicides allow applications at various crop growth stages, but almost all product labels also indicate a maximum growth stage beyond which broadcast applications should not be made says University of Illinois Weed Scientist Aaron Hager. Hager :15 …twelve inch corn cutoff height. For product labels that indicate a specific corn height and growth state, Hager says farmers should be sure to follow the more restrictive of the two. Hager :18 …go with the dev...