USDA’s 2021 annual dairy product report shows how production has shifted with more foodservice demand following the start of the pandemic. Total cheese production totaled more than 13 billion pounds, up 3.5 percent from 2020 with Wisconsin production accounting for more than a quarter of it. Italian cheese and American cheese both made up slightly more than 40 percent of the production mix each. Butter production totaled more than 2 […]
Supporters of year-round E15 are waiting for the Biden administration to make the summertime emergency waiver official. Iowa Renewable Fuels Association director Monte Shaw tells Brownfield it appears EPA will wait until closer to June 1st to finalize a rule allowing E15 sales this summer. “I would like to see it out now because some of the terminals need to know what’s going on so they can continue to send […]
May corn closed at $8.15 and 1/2, up 12 and 1/4 centsMay soybeans closed at $17.26 and 1/2, up 21 and 1/4 centsMay soybean meal closed at $451.00, up $6.20May soybean oil closed at 87.80, up 251 pointsMay wheat closed at $10.80, down 3 and 1/4 centsApr. live cattle closed at $138.50, down $1.50June lean hogs closed at $110.35, down 82 centsMay Class III milk closed at $24.31, down 39 […]
Planters are rolling in the southwest corner of Iowa. Jeff Jorgenson of Sidney says it’s a little wet. “But planting has been pretty smooth. We’re right on the edge of drought really in Nebraska, and honestly comes across the south side of us in Missouri, so we’re right close to it. But we have enough moisture for sure at the moment.” He tells Brownfield planting progress took off after April […]
Tightening global supplies of crude oil and vegetable oils are continuing to drive steep food inflation. The University of Missouri’s Ben Brown says Russia’s invasion of Ukraine has driven up the price of crude oil and limited the region’s sunflower oil exports, causing large price hikes for cooking oils… “We’ve seen vegetable oil prices trade at their highest prices ever,” he said. “We’re trading at 83 cents a pound when […]
Soybeans were sharply higher on commercial and technical buying. Beans followed soybean products and palm oil, which were supported by tight supplies and solid demand. There’s talk, but no confirmation, Indonesia will also suspend exports of crude palm oil, along with refined, which would further tighten the global supply with sunflower exports from Ukraine halted by Russia’s invasion. That pulled July soybean oil to a contract high, with the strength […]
The Minnesota House of Representatives approved legislation Tuesday that would boost investments in agriculture and food production. House Ag Committee chair Mike Sundin, a Democrat from Esko, calls the budget proposal historic. “We made a conscious effort to look forward and invest in opportunities that a changing world presents.” He says the dollars build on established programs in traditional production agriculture, target undeveloped areas, and respond to critical issues. ...
Nebraska farmer Anne Meis, UPL agronomist Lynn Justesen, atmospheric scientist Eric Snodgrass discuss the severity of the drought, wind extremes and the weather outlooks for the Great Plans. ...
The host of Crappie Masters and Crappie USA says higher gas prices will likely incentivize more fisherman to utilize ethanol-based fuels this season. Brian Sowers tells Brownfield ethanol-based fuel options ease costs for fisherman that spend the season both on the water and the roads traveling between tournaments. “Especially with gas prices the way they are right now, it is nice to have options like E15 and E85 to […]
