Corn and soybean stands are evening out after a wet spring caused replanting in south-central Minnesota. Cole Trebesch of Sleepy Eye tells Brownfield heavy rains were frequent in April and early May. “So we replanted probably 20 percent of our corn, and all the beans we had in when the rains hit us. But other than that stuff is really starting to look nice finally now, beans look really good. […]
At the Chicago Mercantile Exchange, live and feeder cattle futures were sharply higher with feeders in the lead on the lower move in corn. That helped contracts shrug off the recent trend in beef and the week-to-date’s lower direct cash business. August live was up $1.40 at $171.15 and October was $1.72 higher at $174.67. August feeders were $2.95 higher at $230.67 and September was up $3.10 at $234.52. There […]
Michigan State University AgBioResearch has announced Dr. James Averill as its new assistant director. “I am looking forward to re-engaging with Michigan agriculture and moving the needle forward in advancing our scientific understanding of agriculture and trying to find short-term and long-term goals for the various needs,” he says. In the new position, he will be tasked with overseeing the university’s research and extension centers including the South Campus Animal […]
Dry weather in Wisconsin has farmers concerned about crops. Wisconsin Farmers Union President Darin Von Ruden has been harvesting a low-volume second crop of hay. “Some of the farmers are starting to put second crop up, but it’s less than half of what it should be.” And, the Westby area farmer says he and many of his neighbors are already wondering if they will have enough hay to get their […]
The American Soybean Association says the latest rule setting biofuel blending requirements significantly undercuts the industry’s ability to increase production and grow demand. Dave Walton, chair of the biodiesel and infrastructure advocacy team, tells Brownfield the Renewable Volume Obligations under the Renewable Fuel Standard don’t accurately reflect industry growth for biomass-based diesel. “The disappointment, I think, is that EPA is not using the RFS or RVO to push carbon reduction […]
Southeast Iowa farmer Tim Meyer says his crops are handling the dry conditions better than expected. “Corn is starting to curl just a little bit, but it’s not as bad as I’ve seen in other places. I do think that we’re going to need some significant moisture in the next two weeks or we’re going to start to see some yield loss here if we don’t.” He tells Brownfield, “We’re […]
Jul. corn closed at $6.60 and 1/2, down 10 and 1/2 centsJul. soybeans closed at $15.00 and 1/2, down 14 and 1/4 centsJul. soybean meal closed at $424.70, down $14.50Jul. soybean oil closed at 55.77, up 14 pointsJul. wheat closed at $7.39, up 4 and 1/2 centsAug. live cattle closed at $171.15, up $1.40Aug. feeder cattle closed at $230.67, up $2.95Jul. ...
Ag land owners in Minnesota are eligible for enhanced incentives when selling or leasing to beginning farmers. The Minnesota Department of Agriculture says recent legislative changes have increased the tax credit amount to eight percent of the sale price for buyers and 12 percent if the buyer is an emerging farmer. The maximum tax credit has also been raised from $32,000 to $50,000, and direct family members are now eligible […]
A wheat breeder says disease pressure is limited in on-farm trials this year because of dry weather in Michigan. Michigan State University’s Eric Olson regularly studies genetic resistance to fusarium head scab. “We have not seen a significant level of disease across the state this year,” he shares. “However, in our scab nursery on campus we are just starting to see the beginnings of the epidemic.” Trial results will be […]
