The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”! New technical breakout in KC wheat and canola futures. May weather forecast remains cool/wet for U.S. east but dry out west. S&P 500 surged +14% in April to new record highs! Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting […]
Ag Meteorologist Drew Lerner says he’s expecting short and inconsistent planting windows throughout May in the Midwest. “It is going to be one of those situations, certainly in the central part of the Midwest, where we don’t want to wait for optimum conditions…It just looks a little bit unsettled to me.” Lerner with World Weather […] The post Short, inconsistent planting windows expected in May appeared first on Brownfield Ag […]
The pork industry is closely monitoring a recent detection of pseudorabies virus in some Iowa and Texas swine herds. Iowa Ag Secretary Mike Naig says five boars at a central Iowa commercial site tested positive for the virus during routine testing. They were traced back to an outdoor facility out of Texas. But Naig says […] The post Limited impact expected after pseudorabies found in Iowa, Texas swine appeared first […]
Two farmers in northeast Arkansas say the recent rains have been a welcome sight for the spring crops. Kenny Clark in Jackson County says several inches of rain means he won’t need to flush his rice fields, which helps him avoid extra irrigation costs. “I talked to a young farmer yesterday and he said, I […] The post Arkansas farmers say timely rains boost crops amid serious drought appeared first […]
Wisconsin’s network of weather-monitoring stations is seeing increased usage as farmers prepare for planting. Chris Kucharik with the University of Wisconsin says the Wisconet system has 80 monitoring stations so far, collecting new data every fifteen minutes. “Temperature and dewpoint, humidity, rainfall, solar radiation, wind speed, and then we are also collecting soil data below […] The post WiscoNet weather data is popular before planting appeared first on Brownfield Ag […]
A member of the U.S. House Agriculture Committee says there were many twists and turns on the way to passing the farm bill. Minnesota Republican Brad Finstad tells Brownfield negotiations in the days leading up to a full House vote ran late into the night. “It wasn’t a straight line, it wasn’t even close to […] The post Midwest lawmakers refuse delay, drive House farm bill to finish line appeared […]
The Michigan Bean Commission Executive Director says logistics are one of the greatest long-term limitations impacting growers. Joe Cramer says most of the state’s crop is grown across the Thumb and Saginaw Valley. “We’ve got a short line railroad in Thumb of Michigan that needs repair, has a speed limitation on that line,” he says. […] The post Michigan Bean Commission says solving logistical limitations would open new avenues appeared […]
Soybeans were higher on fund and technical buying, adding to what would have already been a higher weekly finish. Beans followed bean oil to some degree, which was up on crush margins and demand expectations. Soybean meal futures took their cue from both beans and bean oil. The USDA says 227 million bushels of soybeans […] The post Soybean, corn futures boosted by technical buying, watching planting appeared first on […]
At the Chicago Mercantile Exchange, live and feeder cattle were lower pressured by the higher move in corn. August live cattle closed $.85 lower at $247.82 and October live cattle closed $1.02 lower at $242.45. August feeder cattle closed $1.35 lower at $372.17 and September feeder cattle closed $1.27 lower at $370.70. There was a […] The post Cattle futures lower to finish the week appeared first on Brownfield Ag […]
