Soybeans were mostly lower on bull spreading. U.S. soybean planting is ahead of average with some areas wrapping up this week and emergence is faster than normal. Early projections are for a record U.S. crop on the heels of a record crop in Brazil. The nearby domestic supply is tight, which supported July beans. However, the deferred contracts extended their losses on expectations for a record U.S. crop following record […]
The USDA says farmers made more in April than in March while paying a little less. The department’s index of prices received by farmers was up for the third month in a row, 1.9% higher, as gains in cattle, broilers, lettuce, and broccoli canceled out losses in hogs, milk, market eggs, and apples. The USDA’s dairy index for April dropped 1.9% from March and 23% from April 2022, with an […]
A farmer in southern Minnesota says spring planting has moved quickly this year. Chad Willis tells Brownfield it didn’t take long to get a crop planted once the fields dried up in May, but a good rain will be needed to get a good start for the corn and soybeans. “The corn has popped up, but there are a few soybeans buried in dry dirt. I wouldn’t be surprised if […]
A Midwestern state legislature has passed a law requiring that gas stations must offer 15 percent blended ethanol fuel. Nebraska Corn Growers Association Chairman Andy Jobman tells Brownfield there few drawbacks with E15 since it burns cleaner and is cheaper. “It provides a great option for everyone that’s traveling across the state. It also provides a lot of great economic stimulation in the economy. More ethanol we can use in […]
Southwest Nebraska farmer Andy Jobman says timely rains have significantly recharged the soil profile helping crops get off to a fast start. “Going into planting, we were probably in a record drought situation. We were running center pivots ahead of planting, trying to build up some soil moisture. We’ve had some very beneficial rains that have really helped us crop tremendously where we’re at.” He tells Brownfield it wasn’t the […]
The executive director of Farmers for Free Trade says overcoming non-tariff trade barriers should be a priority for the Biden administration as they continue work on the Indo-Pacific Economic Framework for Prosperity. Brian Kuehl says consistent sanitary and phytosanitary measures for all countries involved would benefit agriculture. “Those are really important issues and we could see improvements in exports from beef to pork to commodity crops. We need to see […]
Disagreements between Russia and Ukraine over agriculture exports have put the future of the Black Sea Grain Initiative in jeopardy once again. Jim McCormick with AgMarket.Net tells Brownfield Russia is demanding to increase its exports like fertilizers or the deal ends. “Every time we get near the deadline, the Russians complain that something’s not going right. They’re not getting grain out, they’re not getting fertilizer out. The grain that is […]
