Newsroom http://www.agprofessional.com/news RSS Feed for Newsroom en-us Wed, 16 May 2012 21:30:00 GMT Wheat posts biggest gain in 6 weeks on Wednesday http://www.agprofessional.com/news/Wheat-posts-biggest-gain-in-6-weeks-on-Wednesday-151776965.html Corn futures closed higher on Wednesday. Corn contract closed strong, reversing losses in overnight trade. Cattle futures climb at midday on improved demand http://www.agprofessional.com/news/Cattle-futures-climb-at-midday-on-improved-demand--151726915.html Corn futures are trading mixed at midsession. Corn futures are trading mostly higher after outside market pressures and a firm US dollar weighed prices down in overnight trade. Crystal ball gazing: Ethanol http://www.agprofessional.com/news/Crystal-ball-gazing-Ethanol-151693175.html At the end of 2011 Congress allowed the tax credit for ethanol blending to expire, along with the tariff on imported ethanol, as well as the blenders’ credit for biodiesel fuel. Pioneer Hi-Bred will sell soybeans by seed count http://www.agprofessional.com/news/Pioneer-Hi-Bred-will-sell-soybeans-by-seed-count-151703755.html Pioneer Hi-Bred will sell its soybean products by seed count per unit, rather than by weight, beginning in the fall of 2012 for varieties sold throughout North America for the 2013 planting season. Grasslely wants to block the live release of some USDA data http://www.agprofessional.com/news/Senator-requests-block-live-release-of-some-USDA-data-151602055.html The government should prevent release of market-moving U.S. crop reports and other agricultural data during the newly lengthened commodity trading day to curb the risk of price volatility, says a farm-state senator. Markets open lower on Wednesday http://www.agprofessional.com/news/Markets-open-lower-on-Wednesday-151686525.html Corn futures are called 4 to 5 cents lower. Overnight trade at 6:50 am CT was 3 1/4 to 4 cents lower. Colombia says U.S. deal to double trade, create jobs http://www.agprofessional.com/news/Colombia-says-US-deal-to-double-trade-create-jobs-151602395.html A long-delayed free-trade deal between Colombia and the United States came into force on Tuesday, a step that should boost the Andean nation's exports and foreign investment, President Juan Manuel Santos said. State fair and Secretariat farm up for auction http://www.agprofessional.com/news/State-fair-and-Secretariat-farm-up-for-auction-151579485.html States that have strong agricultural economies are losing their state fairs with the latest example being the Virginia State Fair. The fair grounds is being auctioned off this month. Singapore testing GM Jatropha for biofuel http://www.agprofessional.com/news/Singapore-testing-GM-Jatropha-for-biofuel-151604355.html In a world racing to find alternative energy sources to feed an energy hungry world, scientists in Singapore plan to develop and test the world’s first genetically modified Jatropha plant. Dry weather pushes wheat higher at close on Tuesday http://www.agprofessional.com/news/Dry-weather-pushes-wheat-higher-at-close-on-Tuesday-151590815.html Corn futures closed higher on Tuesday. Corn futures continued to climb along with higher wheat and soybean values. Dry, warm weather conditions are expected throughout the US Midwest this week.