The CEO of the American Coalition for Ethanol is encouraged by comments made by President Biden beyond the emergency waiver for E15. Brian Jennings tells Brownfield during his announcement in Iowa Wednesday, the President admitted for the first time the net zero by 2050 emissions goal cannot be met without biofuels. “EPA has not admitted that, Gina McCarthy who works for the President in the White House has not admitted, […]
May corn closed at $7.83 and 1/2, up 7 and 1/4 centsMay soybeans closed at $16.76, up 5 and 3/4 centsMay soybean meal closed at $458.20, down $2.70May soybean oil closed at $78.11, up 268 pointsMay wheat closed at $11.13 and 1/2, up 9 and 3/4 centsApr. live cattle closed at $140.62, up $.67June lean hogs closed at $117.60, down $.87May Class III milk closed at $25.17, up 36 centsMay […]
The Senate Ag Committee has announced its first field hearing for the 2023 Farm Bill. It will take place Friday, April 29th at Michigan State University. Chairwoman Debbie Stabenow says the most recent Farm Bill passed with the strongest bipartisan support ever and says she expects the same support in this bill. Stabenow says farmers and others impacted by the Farm Bill will share how the legislation can be strengthened […]
Spring 2022 North Dakota blizzard – Photo by Haley Robison-North Dakota Farm Bureau A spring blizzard is dumping heavy, wet snow over much of North Dakota. State Farm Bureau President Daryl Lies tells Brownfield the storm moved in from the southwest and isn’t expected to let up until maybe Thursday. “We’re hearing reports of anywhere from 12 to 20 inches of snow in that area down there. We’re already up […]
Soybeans have turned softly higher after a down start to the day. The market is anxious for news of soybean exports with China buying down at this time compared to last year. The last announced sale from USDA was a week ago. Soybean oil has been supported in the market as of late as buyers of sunflower oil have had to pursue alternatives while Ukrainian exports are diminished. Support for […]
Milk futures and cash dairy prices were mostly higher on the Chicago Mercantile Exchange Wednesday. April Class III milk was up $.12 to $24.22. May closed up $.36 at $25.17. June closed up $.27 at $25.10. July was up $.25 at $24.90. August through January contracts ranged from three to twenty-six cents higher with next February and March futures dropping. Dry whey was unchanged at $0.6350. Two sales were recorded […]
Twenty-one farms in northern Indiana have reported Egg Drop Syndrome Virus. Denise Derrer Spears, public information director with the Indiana State Board of Animal Health, describes some of the signs of the rare virus. “Producers will see a drop in egg production and when the eggs are produced, they will have no shell or very thin shells,” she says. And, Derrer Spears, says the virus is more common in brown-egg […]
Northwest central Ohio farmer Patty Mann says grain market volatility has kept her on her toes. “Wow what a ride it’s been pretty much all winter long and with the challenges across the world, the volatility we’re seeing is unprecedented,” she says. “It’s good to see some bigger numbers as far as commodity prices are concerned.” She tells Brownfield a profit and loss projection factoring in high input costs and […]
Nebraska’s Director of Agriculture says the state is ready to provide aid to farmers and ranchers impacted by the recent wildfires. Steve Wellman tells Brownfield the main service that’s currently available is the state’s Hay Hotline. “Producers with hay available for sale can go on that website and enter their information and the hay that they are offering for sale,” he says. “Anybody interested in purchasing hay can access that […]
