The former chief ag negotiator at the Office of the U.S. Trade Representative said other countries are watching how the United States handles Mexico’s GMO corn ban. Answering a question in a House Ag Subcommittee hearing, Gregg Doud said he thinks the European Union could use this to keep products out. And he said it’s unfortunate Mexico is not using science to make decisions. “This is a play of domestic […]
At the Chicago Mercantile Exchange, live cattle were mostly lower watching direct cash business develop, and feeders were higher on the lower move in corn. There was another light, scattered round of direct cash cattle trade that took place on Thursday. Deals in Nebraska were at $280 dressed. The rest of cattle country was relatively quiet. Asking prices in the South were at $172 live and in the North $282 […]
Jul. corn closed at $5.82 and 1/4, down 11 and 3/4 centsJul. soybeans closed at $14.05 and 1/2, up 1 and 1/2 centsJul. soybean meal closed at $431.40, up $11.90Jul. soybean oil closed at 51.15, down 90 pointsJul. wheat closed at $6.27 and 1/4, down 14 centsJun. live cattle closed at $162.95, down 5 centsAug. feeder cattle closed at $226.07, up 92 centsJun. ...
The House Ag Committee has advanced a bill to the full House that would develop voluntary standards for precision agriculture. One of the bill’s sponsors, U.S. Representative from Kansas, Tracey Mann, says the private sector and U.S. government should work together to get this done in the next two years. “The Promoting Precision Agriculture Act (H.R. 1697) does what the House Ag Committee does so well. It brings together ag […]
Soybeans were mixed on bull spreading. CONAB raised its outlook for Brazil’s crop again, now projected at 154.811 million tons, which would be up 23.3% from last year. Harvest is essentially over. CONAB has Brazil’s exports this marketing year at a record 95 million tons, with big soybean product sales as well due to the much smaller crop in Argentina. The Rosario Grain Exchange lowered its guess for Argentina to […]
An agronomist says he’s encouraged by what he’s seen in corn fields while traveling in northern Illinois and southeastern Wisconsin. Brent Tharp with Wyffel’s Hybrids tells Brownfield he was concerned about cool, wet weather after many farmers planted during a warm spell. “That corn has been sitting in the ground for a long time, over three weeks so, it’s coming and the stand is going to be solid.” Tharp says […]
A pair of agricultural leaders say the US needs significant investments in research and development to remain globally competitive. Beth Ford, President and CEO of Land O’Lakes, tells Brownfield the next farm bill needs to address the issue because many countries like China are significantly outspending the U.S. “They’ve increased their funding for Ag research and technology because they recognize there’s a practice change, so we need applied research pots. […]
Milk futures and cash dairy prices were lower except for butter Thursday on the Chicago Mercantile Exchange. May Class III milk was down $0.06 at $16.46. June was down $0.28 at $16.91. July was down $0.24 at $17.63. August was down $0.13 at $18.41. September through April contracts ranged from unchanged in April to seven cents lower in October. Dry whey was down $0.0025 at $0.30. Two sales were recorded […]
A newly-developed technology will allow farmers to test exactly how much nitrate is in a plant. EnGeniousAg is a new company started by Iowa State Agronomist Michael Castellano and University of Nebraska agronomist James Schnable. They’ve created a sensor that quickly measures nitrate levels in plants or in water. Schnable says when farmers need to make a decision on adding nitrogen now, it’s a slow and tedious process that involves […]
