Soybeans lost another 7 ¾ to 12 ¾ cents on Friday, as contracts headed back to contract lows. September was down 50 cents on the week, with November losing 45 ½ cents. Soymeal futures posted losses of $3.10 to $5.60 per ton across most contracts on Friday. Soy Oil was up 11 points to 48 points on the day, as September was down 247 points in total on the week.

Soybean Losses Extend to Friday

For the week September corn was down 6 ¼ cents, December corn was 2 ½ cents lower, September soybeans lost 50 cents, November soybeans fell 45 ½ cents, September soybean meal dropped $8.30 per short ton, September soybean oil plunged 247 points, September Soft Red Winter wheat lost 12 ½ cents, September Hard Red Winter wheat fell 14 ¼ and September Hard Red Spring wheat gained 5 cents.

How Did Corn and Soybean Prices Get This Low? What is Only About Yield?

The most recent WASDE (World Agricultural Supply and Demand Estimate) report, released Monday, Aug. 12, confirmed supplies of soybeans are rising. Not only did the report contain a larger-than-expected yield increase, but acreage and carryout also grew. No matter how you slice it, the report was negative for price, and...

USDA report bearish for soybeans

Low commodity prices have created a challenge for U.S. farmers still holding on to old crop corn and soybeans, and it's showing up in the amount of last year's grain still being held in on-farm storage. A new AgWeb survey shows as harvest approaches, farmers still have an abnormally high percentage of their old crop corn and soybeans left to sell.

More than 50% of Farmers Surveyed Say They Don't Plan to Sell Their Old Crop Corn Before Harvest

Corn futures closed out the Thursday session with contracts falling later in the day, down 2 to 6 cents across the board. A stronger US dollar added some pressure. The weekly Export Sales report showed 120,477 MT of old crop corn sold in the week of August 8, well below estimates. New crop sales were tallied at 800,518 MT, edging out the high side of trade expectations. Unknown was the purchaser of 345,000 MT, with Mexican importers buying 257,900 MT.

Corn Heads to the Red at the Close

Iowa State

The U.S. Department of Agriculture (USDA) announced over $14 million in grants for 19 projects in Iowa designed to increase availability and access to biofuels. According to the USDA press release, these grants will create jobs, lower costs, and promote clean energy all the while increasing access to biofuels. USDA...

Iowa biofuel industry to receive over $14 million from USDA

Kissimmee, FL

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Akeena

One Dunkin’ Donuts location, known for its familiar aroma of coffee and donuts, found itself temporarily closed after a state inspection uncovered a few issues. Not all Dunkin’ locations are created equal. Take the one at 3745 Pleasant Hill Road in Kissimmee, for instance. This particular branch, despite its efforts to keep customers caffeinated and satisfied, has had its share of mixed reviews.

Florida's donut shop closed due serious violations after state inspection

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Kansas, OK

The U.S. Department of Agriculture (USDA) and Heartland Regional Food Business Center are accepting grant applications from small- to mid-sized farmers and food businesses in the central U.S. The first round of Business Builder Grants is worth about $3.7 million, and awardees will receive between $5,000 to $50,000. Only projects...

USDA and Heartland taking applications for $3.7 million food businesses grant

Today the USDA released the 21st Crop Progress report of the 2024 growing season. As of Aug. 18, 97% of the 2024 corn crop in the top 18 corn-growing states had reached the silk growth stage, USDA says. This was up from 94% the week prior but slightly behind the five-year average of 98%.

USDA: 5% of corn crop mature

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Cooking With Maryann

I love macaroni salads, and this is truly a special one. It's got something for all of the tastebuds and textures. Soft, crunchy, chewy, sweet, savory, tart, creamy, and oh so fresh! Here's what you'll need to make 8-10 side servings:

Amish Macaroni Salad

Port Richey, FL

Florida’s buffet lovers are in for a shocker as the popular Royal Sushi Buffet & Hibachi in Port Richey has been temporarily shut down following a state inspection. This isn’t the first time the eatery has faced such trouble, but the recent closure has sparked quite a buzz among its loyal patrons and food enthusiasts alike.

Live roaches, flying objects in the kitchen and soiled shelves- Buffet closed again in Florida

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

Jersey City, NJ

Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

The Associated Press

BEAVERTON, Ore.--(BUSINESS WIRE)--Aug 16, 2024-- Spot truckload freight volumes in July were stable for the second straight month and up more than 10% year over year, a signal that more than two years of deteriorating demand for truckload services may be nearing an end, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240816883366/en/ Truckload volumes rose in July as spot van rates hit parity year over year (Graphic: DAT Freight & Analytics)

DAT: Truckload volumes rose in July as spot van rates hit parity year over year

Virginia State

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Lean hog futures posted $2 to $3.07 gains in the front months on Wednesday, as August rolled off the board. The national average base hog price was up $1.26 at $84.43 on Wednesday afternoon. The CME Lean Hog Index was $90.34 on August 9, down 58 cents from the previous day.

Hogs Rally Triple Digits on Wednesday

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

NewsBreak

Soybeans close up 19¢ | Monday, August 19, 2024

December corn ended the day up 7¾¢. November soybeans closed up 19¢. December wheat closed mixed. CBOT wheat was down slightly. KC wheat was up 1½¢....

Soybeans close up 19¢ | Monday, August 19, 2024

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