University of Illinois: USDA corn report causes market uncertainty

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By Darrell Good

farmdocdaily.lllinois.edu

The USDA released new projections for the 2015-16 corn marketing year in the July 10 WASDE report, Marketing-year ending stocks are expected to be 172 million bushels smaller and the average farm price is expected to be $0.25 higher than projected a month earlier. Uncertainty surrounding these projections is likely greater than is normally the case for this time of year.

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Cement M &A activity highlights record profits, local monopolies

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A series of aggressively expanding cement manufacturers are posting record profits and a run-up in stock prices, but their successes also show regional contractors are often dependent on only one or two suppliers for aggregate, cement, concrete and other construction materials—the Federal Trade Commission says the situation can lead to anti-competitive behavior and price volatility.

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Fargo-Moorhead Diversion Authority, hit with fed enjoinder, puts construction contracts at risk

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Minnesota and North Dakota are clashing over the construction of  a rural ring levee opponents say is part of the approximately $2 billion Fargo Moorhead Diversion Project meant to change the course of the treacherous north flowing Red River—it threatens the Fargo, ND -Moorhead, MN, cities with flooding almost every spring.

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Wanzek death highlights wind crane dangers

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Wind farm construction has hit an up-tick across the Midwest but with growth of capacity installation comes increased risk for crane operators working at remote sites that often combine rough terrain and high winds with limited and challenging access features, says Graham Brent, spokesman for the National Commission for the Certification of Crane Operators.

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