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  New farmers putting lessons to the test  
  Farming skills and knowledge are accumulated over time. How does someone who is new to farming handle the challenges based on one year’s experience? FarmWeekNow reports on two new specialty growers who received grants channeled through Annie’s Project and periodically will follow their second year in farming.  
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05.17.12  
CME Group rethinks expanded trading hours 52 minutes ago
In response to criticism from grain industry officials, the CME has decided to expand trading hours to just 21 hours/day. A CME spokesman says the new hours won't begin until June 4 at the earliest.
05.16.12  
Illinois Wheat Tour sees early harvest ahead
The annual tour of southern Illinois wheat fields projected an average yield of 56 bushels per acre, down from USDA's estimate of 62 bushels earlier this month.
05.16.12  
Chicago Fed: Midwest farmland values continue to rise
Agricultural land values in the Seventh Federal Reserve District continued their rapid rise at the start of 2012, but short of the torrid pace of 2011.
05.16.12  
44 Senators urge Farm Bill action
Congress will have less than two months between the November elections and New Year's to deal with numerous expiring tax break and budget issues, many affecting ag. We have an audio report from RFD Radio's Matt Kaye.
05.15.12  
Illinois Wheat Tour underway
The Illinois Wheat Tour began this morning from two locations: Mt. Olive and Effingham. Participants are checking on the progress of the state's winter wheat crop. FarmWeekNow's Dan Grant is with the Mt. Olive group.
05.15.12  
Corn rootworm larval hatch earliest in 35 years
Rootworm larvae were found in Central IL and Indiana last week.
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Featured Video
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One of the lines of discussion surrounding the new farm bill is focused on limiting crop insurance payments. Todd Gleason files this report on what affect a limit might have on a grain farm.

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Commodity Quotes
 
 
ContractLastChangeHighLow   
Jul 12 Corn (E)617-2  -2-6624-2616-2Last Trade: 05/17/2012 10:50 AM
Sep 12 Corn (E)535-4  -1-4540-4534-4Last Trade: 05/17/2012 10:50 AM
Dec 12 Corn (E)525-4  -0-6529-0523-0Last Trade: 05/17/2012 10:50 AM
Mar 13 Corn (E)536-2  -1-0539-6533-6Last Trade: 05/17/2012 10:48 AM
May 13 Corn (E)545-0  +0-0547-0541-4Last Trade: 05/17/2012 10:06 AM
Jul 12 Soybeans (E)1437-4  +15-41449-61420-2Last Trade: 05/17/2012 10:50 AM
Aug 12 Soybeans (E)1408-6  +13-41418-61393-2Last Trade: 05/17/2012 10:50 AM
Sep 12 Soybeans (E)1352-2  +10-01359-41340-6Last Trade: 05/17/2012 10:49 AM
Nov 12 Soybeans (E)1311-4  +9-21318-01299-6Last Trade: 05/17/2012 10:50 AM
Jan 13 Soybeans (E)1309-6  +9-61314-61298-6Last Trade: 05/17/2012 10:50 AM
Jul 12 Wheat (E)645-2  +6-4651-4637-6Last Trade: 05/17/2012 10:50 AM
Sep 12 Wheat (E)657-2  +6-0663-2650-0Last Trade: 05/17/2012 10:50 AM
Dec 12 Wheat (E)676-6  +5-6682-2670-2Last Trade: 05/17/2012 10:50 AM
Mar 13 Wheat (E)692-0  +5-4696-4683-6Last Trade: 05/17/2012 10:51 AM
May 13 Wheat (E)704-6  +9-0704-6699-0Last Trade: 05/17/2012 10:28 AM
Jun 12 Live Cattle117.550  +0.675117.800117.475Last Trade: 05/17/2012 10:46 AM
Aug 12 Live Cattle119.475  +0.525119.825119.475Last Trade: 05/17/2012 10:38 AM
Oct 12 Live Cattle124.625  +0.450124.950124.600Last Trade: 05/17/2012 10:47 AM
Dec 12 Live Cattle127.400  +0.575127.500127.375Last Trade: 05/17/2012 10:36 AM
Feb 13 Live Cattle128.700  +0.650128.900128.700Last Trade: 05/17/2012 10:16 AM
May 12 Feeder Cattle149.875  +0.425150.300150.275Last Trade: 05/16/2012 1:00 PM
Aug 12 Feeder Cattle159.525  +1.200159.525159.450Last Trade: 05/17/2012 9:16 AM
Sep 12 Feeder Cattle160.750  +0.950160.950160.750Last Trade: 05/17/2012 9:30 AM
Oct 12 Feeder Cattle162.050  +0.650162.250162.050Last Trade: 05/17/2012 9:35 AM
Nov 12 Feeder Cattle162.050  +0.600162.800162.650Last Trade: 05/16/2012 1:00 PM
Jun 12 Lean Hogs87.150  +0.65087.25086.850Last Trade: 05/17/2012 10:48 AM
Jul 12 Lean Hogs88.250  +0.62588.25088.000Last Trade: 05/17/2012 10:26 AM
Aug 12 Lean Hogs88.700  +0.35088.80088.500Last Trade: 05/17/2012 9:48 AM
Oct 12 Lean Hogs80.900  +0.52580.90080.850Last Trade: 05/17/2012 9:09 AM
Dec 12 Lean Hogs78.550  +0.20078.75078.500Last Trade: 05/17/2012 10:31 AM
Data provided by iNet Solutions Group, Inc.
All prices delayed 10 minutes.
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Cash Grain Quotes
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  Weather News
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05.10.12
IL drought conditions shrink
This week's Drought Monitor report reflects recent rains across northern IL.
05.07.12
Weekend rains soak northern IL
Rainfall totals of up to 4 inches fell across northern and north central Illinois this past weekend. Drier weather is expected for the remainder of this week with highs in the 60s and 70s statewide.
05.01.12
NWS: April was cooler than March
The month of May is starting off quite soggy for much of Illinois. We have an audio report from RFD Radio's Al Jarand.
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  Profit News
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05.17.12
CME Group rethinks expanded trading hours 52 minutes ago
In response to criticism from grain industry officials, the CME has decided to expand trading hours to just 21 hours/day. A CME spokesman says the new hours won't begin until June 4 at the earliest.
05.16.12
Illinois Wheat Tour sees early harvest ahead
The annual tour of southern Illinois wheat fields projected an average yield of 56 bushels per acre, down from USDA's estimate of 62 bushels earlier this month.
05.16.12
Chicago Fed: Midwest farmland values continue to rise
Agricultural land values in the Seventh Federal Reserve District continued their rapid rise at the start of 2012, but short of the torrid pace of 2011.
View Story Archives
  
Percent Planted
Percent Planted for: Corn - IL
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Data from USDA/NASS