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There will be several baking contests hosted at this year’s Sheboygan County Fair. Don’t miss the daily entertainment! Look daily for Granpa Cratchet, the Wisconsin Dockdogs, and Pleasure Valley Pig and Duck Races. The fair will be held from Aug. 29 to Sept. 2 at the Sheboygan County Fair Association, 229 Fairview Drive, Plymouth, Wisconsin. Visit www.shebcofair.com for more information. Visit bit.ly/countyfairs2019 for more information on all Wisconsin fairs.

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It was a down day for grains as traders see a decent amount of rain in the upcoming forecasts, Ami L. Heesch of CHS Hedging said. “First blush crop reports, from the annual corn/soybean tour this week, suggest the corn and bean crops are lagging in development,” she said.

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Profit-taking was to blame for much of corn’s turn in the red today, Ami L. Heesch of CHS Hedging said. “Prices drew additional pressure from lack of fresh supportive news, slowing demand as evidenced in this morning’s inspection figure,” she said.

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In weighted average negotiated prices for barrows and gilts, USDA reported;

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Wheat’s market traded “in sympathy with the row crops,” Ami L. Heesch of CHS Hedging said. Harvest is expected to begin this week, after rains delayed movement last week. Export inspections were reported in line with expectations.

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“The hog market has been about as bi-polar as it possibly can get,” Oliver Sloup of Blue Line Futures said, adding that swings can be overblown. In the near-term, he said he thinks today’s movement in the lean hog market is more indicative of a relief rally.

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A drop in currency has slowed down Argentina farmers’ selling of soybeans, Steve Freed of ADM Investor Services said. Meanwhile, traders are starting to accept the USDA acreage and yield numbers, ahead of the crop tour results this week.

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Boxed beef cutout values this afternoon were firm to higher on moderate demand and light offerings, USDA said.

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The Wisconsin Department of Agriculture, Trade and Consumer Protection recently confirmed that a horse and a mule on the same premises in Taylor County, Wisconsin, have tested positive for equine infectious anemia. Those are Wisconsin’s first confirmed cases of equine infectious anemia in almost 15 years. There's no treatment for equine infectious anemia. To prevent transmitting it, infected animals are humanely euthanized.

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Due to several Vesicular Stomatitis (VS) outbreaks in Texas, Colorado, New Mexico, Wyoming, Oklahoma, and Nebraska all susceptible livestock (beef cattle, dairy cattle, sheep, goats, hogs, llamas, and alpacas) including horses coming to the Nebraska State Fair from Texas, Colorado, New Mexico, Wyoming, Oklahoma, and Nebraska need a 48 hour Certificate of Veterinary Inspection (CVI) to enter the fairgrounds. That CVI must also contain the federal VS statement: "The animals represented on the CVI have not originated from premises or area under quarantine for Vesicular Stomatitis or a premises on which Vesicular Stomatitis has been diagnosed in the last (30) days. I have examined the animals and found no signs of Vesicular Stomatitis." Animals will be observed once on the grounds. All horses will be examined daily by a veterinarian.

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According to Allendale, China’s top soybean buyer said they “can do without soybean supplies from the U.S. in the fourth quarter,” relying solely on South American imports.

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“Not much news,” CHS Hedging’s Steve Hyde said. “Hopefully weather will cooperate with producers this week to allow for better spring wheat harvest. World stocks continue to grow, demand is slack, but U. S. should be in better shape to compete for business given price levels at this time.”

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The slaughter number coming in higher last week may assuage fears that there will be an oversupply of cattle, The Hightower Report said. A surge in beef prices has also boosted packer margins, which may have helped the slaughter on Saturday.

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Despite weak technical action and lower pork prices, downside in the market may be limited if exports pick up steam, The Hightower Report said.

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Coming into this week, “there is no technical sign of a low” in cattle, The Hightower report said. “If there is a sense that the industry can deal with the plant fire issue without building a massive supply of market-ready cattle, cattle futures look undervalued.”

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“Timely weekend rains over dry areas are pressuring prices overnight and early this morning,” Steve Hyde of CHS Hedging said. The rains are expected to improve crop conditions across the Midwest, as farmers turn their attention to a possibly late harvest.

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Large supply numbers and favorable weather helped drag down overnight markets entering Monday, Allendale said. “Traders will be paying attention to various crop tours and survey's beginning this week searching for clearer answers on what we can expect in the fields this yea,” Allendale said.

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Agri-View offers a schedule of events of special interest to our readers. Some events and activities might require advance registration. Email agriview@madison.com with calendar submissions.

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Developing alternatives to antibiotics is the aim of scientists at Canada's University of British Columbia. New antimicrobial peptides effective against a wide range of bacteria already have been found by Inanc Birol. He's a professor at the University of British Columbia’s Department of Medical Genetics. But he also recently showed a computational approach designed to be faster and more effective at isolating new antimicrobial peptides.

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The University of Wisconsin-Arlington Agricultural Research Station is hosting an organic-agriculture field day. The event will showcase research regarding integrating cover crops into corn and soybean phases of rotations. That can help farmers build soil organic matter as well as reduce the amount of tillage and cultivation, according to UW researchers.

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Thousands of people make their day “wonderfair” at the 2019 Wisconsin State Fair. From alpacas to young people’s art exhibits there was plenty to see at the 168th-annual fair, held Aug. 1-11 at State Fair Park in West Allis, Wisconsin.

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The Richland County Agricultural Society was organized May 15, 1857. One of its objectives was to improve the character and operation of agricultural, mechanical and household arts. In order to achieve that objective, in October 1857 the Agricultural Society sponsored a “cattle show and fair” at Thompson’s Hall on Main Street. That exhibition proved such a popular success the society sponsored a fair for 100 years. The 1858-1860 and 1866-1868 fairs were held on the Courthouse Square. The fairs weren't held from 1861 through 1865 because of the Civil War. Revived in 1866, by 1868 the fair had grown to overflow the space by the courthouse. So the society decided to purchase a fairground. The 1869 fair was held on 4 acres purchased for $400 from Caleb and Nancy Waggoner. The 2019 fair will be held Sept. 4-8 at the Richland County Fairgrounds, 23630 County Highway AA, Richland Center, Wisconsin. Visit fair.co.richland.wi.us for more information. Visit bit.ly/countyfairs2019 for more information on all Wisconsin fairs.

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Pattison State Park located just south of Superior, Wisconsin, is situated on the Black River. It contains the highest waterfall in the state. Big Manitou Falls cascades through a gorge from a height of 165 feet. It cools onlookers with a fine mist as they view from a nearby observation platform.

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The corn market rebounded again today, with more short-covering action after hitting a three-year low this week. “The market appeared to be viewed as being overdone,” Ami L. Heesch of CHS Hedging said.

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With strength in the other grains, wheat also borrowed to move slightly higher today. Strength in the U.S. dollar and plentiful supplies are limiting gains today, but scattered rains are halting spring harvest, Ami L. Heesch of CHS Hedging said.

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“New US new crop soybean sales and a drier 2 week US Midwest forecast offered support,” Steve Freed of ADM Investor Services said. “Managed funds are net short soybean futures due to drop in China demand and adequate South America supplies.”

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In weighted average negotiated prices for barrows and gilts, USDA reported;

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Cattle finished the weekend down as ideads that a surge in beef prices (now at their highest level since 2017) will spark much more active slaughter pace, The Hightower Report said.

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Boxed beef cutout values this afternoon were sharply higher on good demand and moderate offerings, USDA said.

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Members of the Price Futures Group went on a central Illinois crop tour, coming away with uncertainty. “Our reaction is that we don’t know as much about the IL corn and bean crops as we normally do on this date,” Jerry Gidel said. “What we did see was how many fields that will be heavily impacted by the next 6-8 weeks weather.”

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Wheat futures contracts are mostly 2 to 3 cents higher this morning, according to Brugler Marketing and Management.

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China made its largest purchases of U.S. pork in seven weeks, according to Allendale.

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Live cattle futures were mixed on Thursday, with October closing a tick higher, according to Brugler Marketing and Management.

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Corn is higher overnight and rain is expected to be widespread across the Cornbelt over the next five days, according to CHS Hedging.

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The fact that soybeans haven’t rallied after a very bullish USDA report this week is troubling, according to John Payne.

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The U.S.-China tariff trade war has resulted in huge export losses to the U.S. soybean industry. However, there is a concentrated effort by groups such as the United Soybean Board (USB) and the American Soybean Association (ASA), along with related soy industries, to find new markets for U.S. soybeans.

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Most of the marketing news recently has focused on the accuracy of USDA reporting. Although this topic merits conversation, the debate doesn’t help you market grain.

The amount of uncertainty about national production and your own farm yield has put farmers in a tough place. Should you be selling growing crop now or waiting?

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