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Background

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Congress members fight anti-mink farming amendment in COMPETES Act

Eleven members of Congress are trying to have some anti-farming language removed from legislation that is supposed to create a more competitive trade balance with China.  Congressman Tom Tiffany from Wisconsin says the MINKS Amendment to the COMPETES Act (House Resolution 4521) would amend the Lacey Act to prohibit the purchase, sale, or transportation of farmed minks.  In a letter to House Natural Resources Committee members, eleven Congress members say […]

todayApril 13, 2022 60

Brownfield

Cattle futures supported by strong cash trade

At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, supported by this week’s stronger cash business.  June live cattle closed $0.57 higher at $136.87 August live cattle closed $1 higher at $138.65 and May feeder cattle closed a dollar two higher at $161.95 August feeder cattle closed $.67 higher at $174.42. There was a light to moderate direct cash cattle trade that took place on Wednesday.  […]

todayApril 13, 2022 41

Brownfield

ACE CEO encouraged by Biden remarks during E15 waiver announcement

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, […]

todayApril 13, 2022 47

Brownfield

Closing grain and livestock futures: April 13, 2022

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 […]

todayApril 13, 2022 32

Brownfield

First 2023 Farm Bill field hearing set

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 […]

todayApril 13, 2022 61

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North Dakota blizzard hits during calving season

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 […]

todayApril 13, 2022 87

Brownfield

Grains mostly continue upward momentum

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 […]

todayApril 13, 2022 46

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CME dairy prices steady to higher Wednesday

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 […]

todayApril 13, 2022 33