Rep. Rodney Davis on Farm BIll
Rep. Rodney Davis says today that believes a compromise will soon be announced on stubborn dairy policy that has been holding up the farm bill in Congress. Congress won’t be back to work until the week of January 27th but a vote could happen then.
Farm Toy Auction
Ben Ladage will be auctioning off hundreds of farm toys and other toys this weekend in Springfield.
Farm Bill Deal Close?
Rep. Rodney Davis (R-13) is serving on both the WRRDA and Farm Bill Conference Committee. Hear his updates on both bills. A framework on the farm bill could be close
Ag Director - Steve Bridge
Steve joined the WFMB family in 2002. He started working as a part-time host of the Press box on Wednesday's and Thursdays. Although not from farming family he took over the role of farm broadcaster for the station in 2009.
Steve grew up in west central Illinois in Macomb. After graduating from Macomb High School attended Western Illinois University. He began his career in sports, at WIU he was a sports anchor on WWIR-TV and the color commentator for the Leatherneck football. His first paying job was in Quincy at WGME-TV and then in Rockford at WREX-TV. After a few years in Rockford as the weekend sports anchor at WREX-TV he moved to Springfield. Bridge worked at WICS-TV for nearly 5 years, leaving the station as the sports director.
Bridge’s wife Dina also works in radio, the two have a pair of boys and they live near Rochester.
USDA has tightened domestic ending stocks projections for soybeans and wheat, while leaving corn unchanged.
Corn ending stocks were left steady with last month at 801 million bushels with no changes to the balance sheet. Before the report, analysts were expecting a sizable decrease but the supply is still considerably below last year's level. The average farm price for corn is estimated at $6 to $6.40 per bushel. Mike Krueger, of the Money Farm, shared his thoughts from the the Minneapolis Grain Exchange.
Also, USDA lowered its Argentine corn production estimate a half million tons to 21.5 million and cut beans 1.5 million tons to 45 million, while leaving Brazil corn unchanged at 62 million tons and lowering soybeans 2.5 million tons to 66 million.
Soybean ending stocks were reported at 250 million bushels, down 25 million from a month ago but up 35 million from a year ago. USDA raised the crush and export estimates as expected while making modest cuts to the seed and residual use categories. The average farm price for soybeans is estimated at $12 to $12.50 per bushel.