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Saturday, May 25, 2013 | 11:03 p.m.

Agriculture

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Wheat gains on overseas demand

The price of wheat rose by the most in two weeks Thursday after the U.S. government reported strong demand for the grain from overseas buyers. Wheat for delivery in July rose 14.75 cents, or 2.1 percent, to $7.0325 a bushel, its biggest advance since May 9. The U.S. Department of ...

BC-USDA-Eastern Cornbelt Hog Report

LM—HG209 Des Moines, Iowa Thu, May 23, 2013 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, May 23, 2013 (As of 9:30 AM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual ...

AP-USDA-Midwest Regional Eggs

NW—PY018 Des Moines, IA Thu. May 23, 2013 USDA Market News SHELL EGGS: Daily Midwest Regional Eggs Prices are steady. The undertone is lower. Retail demand is light to moderate at best. Food service demand is seasonally moderate. Interest from Mexico continues but at lower price levels compared to last ...

Ohio livestock prices

The Eastern Cornbelt Daily Direct Summary from Wednesday as reported by the U.S. Department of Agriculture's Agriculture Marketing Service: BASE MARKET On a carcass basis plant delivered (54-62 pct. lean): 15 cents lower. Base price range: 88.00-94.50, weighted average 90.15. 0.8-0.9 inches backfat: 88.00-96.74. 0.6-0.7 inches backfat: 90.50-99.98. Total prior ...

In this May 20, 2013 photo, a masked man belonging to a local self-defense group sits with his weapon as he guards the town of Cuemalco, Mexico.  Self-defense groups started to spring up in February to fight back the Knights Templar drug cartel which is extorting protection payments from cattlemen and lime growers, butchers and even marijuana growers. The federal government sees both the self-defense forces and the cartel as dangerous enemies. (AP Photo/Marco Ugarte)

Mexico cartel dominates, torches western state

The farm state of Michoacan is burning. A drug cartel that takes its name from an ancient monastic order has set fire to lumber yards, packing plants and passenger buses in a medieval-like reign of terror. The Knights Templar cartel is extorting protection payments from cattlemen, lime growers and businesses ...

FILE - This May 15, 2013 file photo shows stacks of paperwork awaiting members of the House Agriculture Committee, on Capitol Hill in Washington, as it met to consider proposals to the 2013 Farm Bill.  The Senate has rejected an amendment By Sen. James Inhofe, R-Okla. to turn the federal food stamp program over to the states. (AP Photo/J. Scott Applewhite, File)

Senate rejects bid to let states run food stamps

The Senate on Wednesday rejected a Republican bid to turn the federal food stamp program over to the states. Known as the Supplemental Nutrition Assistance Program, or SNAP, the food stamp program is administered by the Agriculture Department and federal dollars are unlimited as long as recipients qualify. The program ...

More ethanol leaking after Iowa train derailment

Iowa officials say more ethanol is leaking into the Little Cedar River following a train derailment east of Charles City. The state Department of Natural Resources says workers trying to recover ethanol cars and locomotives on Wednesday realized a second ethanol car was leaking. They discovered leaking ethanol and fuel ...

Gold slips on speculation will Fed cut stimulus

Gold prices sank Wednesday as traders weighed the possibility that the Federal Reserve will start paring back its support for the economy in the coming months. Gold for June delivery fell $10.20 to settle at $1,367.40 an ounce, a drop of 0.7 percent. Prices for the precious metal wavered earlier ...

Gold slips on speculation will Fed cut stimulus

Gold prices sank Wednesday as traders weighed the possibility that the Federal Reserve will start paring back its support for the economy in the coming months. Gold for June delivery fell $10.20 to settle at $1,367.40 an ounce, a drop of 0.7 percent. Prices for the precious metal wavered earlier ...

AP-USDA-Eastern Cornbelt Hog Report,648

LM—HG209 Des Moines, Iowa Wed, May 22, 2013 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 22, 2013 (As of 9:30 AM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual ...

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