Soybeans were higher on commercial and technical buying, padding the weekly gains. The big influence is the strength in soybean oil, which was supported by demand expectations ahead of the RFS update. The USDA raised old and new crop U.S. ending stocks, while lowering old crop production for Argentina and Brazil slightly. The Buenos Aires Grain Exchange says 94% of Argentina’s soybean harvest is complete, with yields down sharply on […]
The Illinois General Assembly passed the state budget for Fiscal Year 2024 and ag leaders say it checks the boxes for farmers. Illinois Director of Agriculture Jerry Costello tells Brownfield the budget fully funds the Illinois Department of Agriculture and appropriates the Farm Family Resources Initiative farmer mental health hotline, Fall Covers for Spring Savings cover crop incentive program, four new field veterinarians and covers FFA program dues for all […]
Greetings! I am Colton Roy, and I am beyond thrilled to join the Brownfield team this summer! Originally from Gilman City, Missouri, I graduated from Trenton High School in 2022. Throughout high school I took advantage of many different opportunities and was a member of science club, NHS, Spanish club, and spent my senior year out driving balls on the golf course. Although, I was not born into the industry, […]
Milk futures were lower in the near term and cash dairy prices were down Friday on the Chicago Mercantile Exchange. June Class III milk was down $0.04 at $15.11. July was down $0.10 at $15.97. August was down $0.16 at $16.92. September was unchanged at $17.79. October through April contracts ranged from seven cents lower in March to ten cents higher in November. Dry whey was unchanged at $0.2750. Nineteen […]
Canada has joined the United States in dispute settlement consultations with Mexico over a decree that ban’s genetically modified corn. In a statement Friday, Canada’s Agriculture Minister Marie-Claude Bibeau and International Trade Minister Mary Ng said they share concerns with the US that Mexico’s measures are not scientifically supported and could disrupt international markets. The US Trade Representative requested consultations under the US-Mexico-Canada Agreement (USMCA) last week. The Canadian officials […]
The U.S. Dairy Export Council says the volume of exports in April had its largest month-to-month decline in four years with weakness in nearly all categories. U.S. milk export volumes were down 13 percent while values dropped 17 percent to more than $697 million because of weaker product prices. RaboResearch senior dairy analyst Lucas Fuess tells Brownfield China has pulled back from global purchases. “China still remains on the quieter […]
The National Oceanic and Atmospheric Administration (NOAA) has declared the arrival of El Nino. El Nino is a climate phenomenon that is marked by warmer-than-average sea surface temperatures in the central and eastern Pacific Ocean, but its impact extends beyond the Pacific Ocean. Atmospheric scientist Matt Makens says the Plains and higher Plains will benefit the most this summer. “Any Plains that are right along the lee side of the […]
A farmer in eastern South Dakota says the hot, dry conditions aren’t bad for the corn and soybeans yet. Scott Stahl from Bridgewater says the crop is not at a critical point in the growth stage, but soil moisture is getting short and a few rains would be appreciated. “Obviously the roots are working hard to find nutrients and moisture needed to move along in the growth stages. It’s encouraging […]
The president of Missouri Farm Bureau is asking the Missouri Public Service Commission to respect the property rights of public landowners as they consider updates to a transmission line distribution project in mid-Missouri. Invenergy, a Chicago-based energy company, wants to build a 40-mile-long high voltage transmission line into central Missouri called the Tiger Connector. The Tiger Connector would send out power locally from the Grain Belt Express. The GBE is […]
