Corn futures hit 10-year highs Monday
on news that Argentina had suspended
corn-export permits indefinitely and
concern that China might default on
corn exports.
The Argentine government said late
Friday that it was suspending exports
because of concern about a surge in
requests for corn amid dwindling supplies.
Argentina is the second-largest corn
exporter behind the United States.
Wheat futures settled mixed to lower
after early gains. Some early strength
came from the gains in corn and from
concern about dry weather in the hard
red winter wheat belt of the Plains.
However, prices turned mostly lower
after the late profit-taking in corn.
Soybean futures closed higher, benefiting
from the gains in corn. Growing global
demand for vegetable oil, and the
resulting higher prices, also aided
soybeans. Speculative buying was based
on the outlook for vegetable oil demand
to increase as the green fuels market
expands.
Soup-er Bowl XIII
The 13th annual Soup-er Bowl, which
raises awareness about hunger in the
Kansas City area, will be Dec. 5 at
the Kansas City Marriott Downtown.
Besides the annual luncheon, the
event this year will feature its first
awards ceremony. Four people and two
organizations will be recognized as
"most valuable players"
in the battle against hunger.
The event will be from 11:30 a.m.
to 1 p.m. at the hotel, 200 W. 12th
St.
Tickets are $15. For reservations,
call John Massman at (816) 363-3300.
Holiday events
The National Agricultural Center
and Hall of Fame in Bonner Springs
is providing holiday cheer for the
whole family in December.
The center will offer old-fashioned
country holiday fun during Santa's
Express, from 1 to 6 p.m. the weekends
of Dec. 9 and 10 and Dec. 16 and 17.
Take a tractor-drawn hayride to Farm
Town USA, visit with costumed characters
in the decorated historic buildings,
listen to story time in the one-room
school, help with farm chores and
warm up with hot cocoa and cookies.
Children can share their wish lists
with Santa in the depot and catch
a ride on his miniature train, the
Santa Express.
Tickets are $4 per person. Children
younger than 1 get in free. Advance
tickets cost $3 per person if you
buy 20 or more.
The Ag Hall of Fame is two miles
west of Kansas Speedway, northeast
of the intersection of Interstate
70 and Kansas 7.
For information, go to www.aghalloffame.com
or call (913) 721-1075.
Aid for farmers markets
The National Farmers Union is urging
the U.S. government to include farmers
markets and related outlets in federal
food programs.
The group has suggested to the U.S.
Department of Agriculture that more
should be done to increase coordination
and purchasing of farm-fresh products
for families as part of the Special
Supplemental Nutrition Program for
Women, Infants and Children, or WIC.
"I am hopeful that as they go
forward, USDA will do more to work
with local farmers, ranchers and fishermen
and get them more involved as vendors
for the WIC program," farmers
union President Tom Buis wrote in
a letter to the agency.