Milk futures on the Chicago Mercantile Exchange flipped higher Thursday as traders took back oversold positions and cash markets were mostly positive. March Class III milk was up a penny at $22.39. April 35 cents higher at $23.23. May up 42 cents at $23.75. June 25 cents higher at $23.95. July through September 24 to 31 cents higher. Dry whey unchanged at $0.76. Blocks up $0.0275 at $2.0775. Six sales […]
Pork export sales were the star of the latest Weekly Export Sales report from the USDA. Sales were up 51% from the previous week and up 36% from the prior 4-week average. Sales of wheat and soybeans were down sharply from the previous week. Corn sales were down 14% from the previous week, but up 64% from the prior 4-week averages. Beef sales were down 28% on the week and […]
A Canadian fertilizer producer says it’s adding 15 million tons of potash production to the global market amid supply uncertainty. Nutrien’s interim President and CEO Ken Seitz says expanding production will provide farmers with the crop inputs they need, while monitoring future market conditions. The company says the increase is one million tons over previous expectations because of supply issues from Eastern Europe. Nutrien says the impacts from Russia’s invasion […]
A pair of farmers say the drought in the Central Plains could play a large role in early crop development stages Brandon Hunnicutt grows corn and soybeans in Southern Nebraska near Gilter.“We’re drier than 2012 and it’s dry at our place and (the soil), when we get down a little bit we’ve got some moisture but we keep missing everything moisture wise.” The latest U.S. Drought Monitor showed the […]
The 2021 Illinois Land Values Report shows a 26% increase in Class A farmland from 2020. Luke Worrell, owner of Worrell Land Services in Jacksonville describes the market as “wild” and tells Brownfield the report actually shows significant increases for all types of land. “Class B acreage was up 24%. Land we would define as average was up 21%. We even saw an 11% increase across the state for recreational […]
Brownfield Anchor/Reporter Kellan Heavican will be in Wahoo and Fremont Tuesday, March 22, 2022 for the Nebraska Ag Industry Tours. ...
The owner of a farm real estate business considers September through March to be the prime sales season for farmland, and he says this year it’s ending with a bang. Luke Worrell with Worrell Land Services in west central Illinois tells Brownfield in 2021, class A land values in Illinois jumped 26% year over year- with a similar trend seen from coast to coast. “Quite honestly, I think we have […]
A global fertilizer retailer says input supply issues could cause food security concerns. Nutrien Ag Solutions President of Global Retail Jeff Tarsi is stressing the need for growers to maximize production this growing season with the likely loss of Ukrainian crops in the global market and the lack of fertilizer shipments from the Black Sea region. “Number one, we need that production to feed the world,” he said. “Number two, […]
March is National Caffeine Awareness Month, and the International Food Information Council is helping set the record straight on some caffeine myths. Megan Meyer, science communications specialist with the council, says naturally occurring caffeine is not better for your health. Healthy Living: Click here for more information. ...
