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2 Feb 2016
By Mary KennedyDTN Cash Grains Analyst Maybe it's time to rename the Mississippi River "The Barge Graveyard" as another barge sank on Jan. 26. The river was closed at Mile 120 near Destrehan, Louisiana, to Mile 134 near Reserve, Louisiana. According to reports, two tugs collided and caused a tank barge to capsize as the strong current from high wat...
2 Feb 2016
By Todd HultmanDTN Analyst As I write this in Omaha, we are bracing for a February blizzard, but having experienced a sunny 40 degrees at last week's Sioux Falls Farm Show, there is a feeling that spring is not far away. With that come thoughts of a new growing season. Back in December, USDA gave us their first glimpse of 2016 when they released t...
2 Feb 2016
By Andy BieblDTN Tax Columnist In late December, Congress did its usual retroactive "extender" legislation, restoring about 50 beneficial tax provisions that had expired at the beginning of 2015. This year's act, however, made about 20 of those provisions permanent in the tax law, and rolled the others ahead at least through 2016. There were also s...
2 Feb 2016
By Elizabeth WilliamsDTN Special Correspondent WEST DES MOINES, Iowa (DTN) -- If you are looking for a metaphor to describe where the U.S. is in the general economic cycle, Texas A&M real estate economist Mark Dotzour puts us in the seventh or eighth inning of expansion. "We're not done with this economic expansion cycle yet," Dotzour told 630 farm...
1 Feb 2016
By Ken JohnsonDTN Fertilizer Columnist AMMONIA International ammonia prices were under pressure through January. The Yuzhnyy export price range dropped from $279-$310 early to $270-$280 late. Both the Black Sea and Baltic spot markets remained quiet. At month's end the price of Trinidad export ammonia into Tampa dropped $40 to $310 mt. Demand from ...