Brownfield

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Background

Brownfield

Hot weather ahead, centered on the Plains; more seasonal rainfall for parts of the Heartland

Looking ahead, the 6- to 10-day outlook calls for the likelihood of above-normal temperatures across the central one-third of the U.S. and the Deep South, while cooler-than-normal conditions will cover the West and the middle and northern Atlantic States.  Meanwhile, near- or above-normal rainfall across most of the country should contrast with drier-than-normal weather in the upper Great Lakes region and much of the south-central U.S. ...

todayJune 14, 2023 25

Brownfield

Cooperative seeks changes in milk pricing and contracts

A dairy cooperative’s members would like to see changes in how their milk is priced.  Karen Gefvert with Edge Dairy Farmers Cooperative tells Brownfield producers are seeking changes, and there needs to be flexibility in each federal order to allow pricing to better adjust to what the milk is used for. She says that will require legislation to pass modifying the Agricultural Marketing Act. “The reason why that needs legislation […]

todayJune 13, 2023 56

Brownfield

Farmer says weekend rainfall came at the perfect time

Southern Indiana farmer Ben Kron says rain over the weekend provided some relief to crops. “We probably didn’t get a rain for about at least three weeks, if not a little bit more,” he says. “We had gotten to a point where we were running irrigation almost non-stop and then we finally caught enough rain to at least buy us a few days.” He says he’s hoping for some more […]

todayJune 13, 2023 63

Brownfield

RFS final set rule expected to be announced next Wednesday

The Biden administration plans to release a final set rule under the Renewable Fuel Standard next week. Growth Energy general counsel Joe Kakesh says his group and the Environmental Protection Agency submitted notice to the U.S. District Court of Columbia Tuesday extending the deadline to issue Renewable Volume Obligations for 2023, 2024, and 2025 to June 21st. “And this was after discussion with EPA leadership, we consented to this deadline […]

todayJune 13, 2023 62

Brownfield

Cattle futures higher ahead of direct business

At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher waiting for direct business to develop.  August live cattle closed $.72 higher at $173.92 and October lives closed $.55 higher at $177.02.  August feeder cattle closed $1.40 higher at $240.45 and September feeders closed $1.32 higher at $243.40.  It was a quiet Tuesday for direct cash cattle business.  Bids and asking prices did not surface.  There were […]

todayJune 13, 2023 58

Brownfield

Multiple dairy digester projects underway in Michigan

Brightmark is partnering with five Michigan dairy farms to capture renewable natural gas from anaerobic digesters. Founder and CEO of the global waste solutions company Bob Powell tells Brownfield the projects have been a work in progress for the past several years and will span seven locations in West Michigan. “Our ability to help with greenhouse gases has a great environmental impact on our communities in Michigan and the greenhouse […]

todayJune 13, 2023 22

Brownfield

Dry pockets expanding in southwest Iowa

Dryness is a concern for crop farmers in southwest Iowa. Iowa State University Extension field agronomist Aaron Saeugling says rains have been spotty since early spring. “You could go as far as a mile or two, sometimes less than that across a section, and there’s a lot of variability in the amount of moisture that we’re getting.” He tells Brownfield yield potential will suffer if measurable precipitation doesn’t come by […]

todayJune 13, 2023 22

Brownfield

Closing Grain and Livestock Futures: June 13, 2023

Jul. corn closed at $6.12 and 1/2, down 4 and 3/4 centsJul. soybeans closed at $13.99 and 1/4, up 26 and 1/2 centsJul. soybean meal closed at $397.50, up 10 centsJul. soybean oil closed at 55.43, up 145 pointsJul. wheat closed at $6.36 and 1/4, up 2 and 1/2 centsJun. live cattle closed at $179.42, up 35 centsAug. feeder cattle closed at $240.45, up $1.40Jun. ...

todayJune 13, 2023 17

Brownfield

Weather concerns support soybeans

Soybeans were higher on fund and technical buying but did finish below the day’s highs. 59% of U.S. beans are good to excellent, down 3% on the week and well below a year ago. The crop is nearly planted with USDA’s 2023 acreage totals and quarterly stocks numbers out on the 30th. Conditions are dry in many key growing areas with minimal chances for widespread rain in the next week. […]

todayJune 13, 2023 18