Brownfield

Erik Huschitt with Larry Lee at NEC2022 Photo: Cindy Zimmerman An ethanol producer says he doubts Washington or the states can restore year-round E15 use in time for the summer driving season.  Erik Huschitt with Badger State Ethanol in Monroe, Wisconsin tells Brownfield America had the one-pound waiver approved by the prior administration, “And then, we have a change in the Supreme Court level that doesn’t acknowledge that change, and […]

The CEO of the Renewable Fuels Association says ethanol is drawing new researchers and new investors to the industry.  Geoff Cooper tells Brownfield that’s because of so many potential new uses for ethanol. “Sometimes we get our blinders on and think that there’s only one way to use ethanol and that’s as a gasoline additive. That’s not the case. Because of its properties, because of its low-carbon benefits, because of […]

The Chairperson for the Renewable Fuels Association says she’s proud of a new networking group for the women involved in the ethanol industry.  Jeanne McCaherty tells Brownfield the first meeting of the group during the National Ethanol Conference was only the beginning. “One of the things I’ve learned over my many years in male-dominated industries is women don’t network very well, and so what we did here was just provide […]

At the Chicago Mercantile Exchange, live and feeder cattle were lower, feeders led the way down on the strength in corn.  April live cattle closed $.50 lower at $141.42 and June lives closed $0.60 lower at one $137.70. March feeder cattle closed $2.30 lower at $157.72 and April feeder cattle closed $2.75 lower $162. It was a quiet start to the week for direct cash cattle trade activity.  Showlists this […]

A USDA economist echoes expectations for a positive outlook in the year ahead when it comes to dairy. Carolyn Liebrand with the Agricultural Marketing Service says Secretary Vilsack’s optimism on the overall outlook for agriculture extends to the nation’s dairy industry. “We’re going to see slow milk production growth worldwide which will support stronger prices,” she says. During the USDA Ag Outlook Forum, the agency increased the all-milk forecast for […]

A carbon sequestration pilot project bill that could have impacted farmer property rights has been defeated by the Indiana House. Jeff Cummins is the associate policy director of Indiana Farm Bureau. “Senate Bill 265 was defeated on the House Floor with 53 no votes and 43 yes votes,” he says. He tells Brownfield amendment language was offered to help protect property rights. “We had offered amendment language to define pore […]

Mar. corn closed at $6.97 and 1/2, up 38 centsMar. soybeans closed at $16.44 and 1/4, up 54 centsMar. soybean meal closed at $454.90, up $6.60Mar. soybean oil closed at 72.89, up 414 pointsMar. wheat closed at $9.28, up 85 centsApr. live cattle closed at $141.42, down 50 centsApr. lean hogs closed at $103.50, down 17 centsMar. Class III milk closed at $22.05, up 15 centsApr. ...

Soybeans were sharply higher on commercial and technical buying. The volatility and uncertainty connected to Russia’s invasion of Ukraine continued to impact commodity and financial markets. Beans are also monitoring conditions in South America, with the possibility of further reductions in crop projections. Those declining prospects have helped U.S. exports pick up steam. China bought 136,000 tons of new crop U.S. beans and unknown purchased 120,000 tons of old crop. […]

The chief economist for the USDA says markets will be hyper-focused on every event that could impact corn and soybean crops this year. Seth Meyer tells Brownfield global supplies are very tight.  “It’s going to be sensitive to further changes in south American crops up or down,” he says.  “The market is going to be really sensitive to how our planting progress goes. It’s going to be sensitive to how […]