Thursday, January 19, 2017 2:42PM CST
Sonny Perdue, the former two-term governor of Georgia, was named by President-elect Donald Trump as nominee for Agriculture secretary early Thursday. Besides his tenure as governor, Perdue has a deep background in the grain and feed business and also has a veterinary degree.
Thursday, January 19, 2017 2:39PM CST
Several changes in the organic industry have happened just over the past week. USDA has finalized a rule on organic livestock and poultry management practices. USDA also opened up a comment period on a possible organic checkoff program. The department has approved a new "transitional certification" program. A cost-share program to help farmers transition is also moving agencies at USDA to make it more accessible to farmers.
March corn was up 1/2 cent, March soybeans were down 2 1/4 cents, and July Chicago wheat was down 1 1/4 cents.
On one hand, cattle futures seem ready to open moderately higher, supported by residual buying interest and ideas of further cash progress close at hand. On the other hand, lean hog issues are staged to begin some lower based on long liquidation and defensive carcass value.