A global trade expert says the war in Ukraine and drought in South America will likely ramp up demand for US corn this year. Gregg Doud with Aimpoint Research tells Brownfield of the top five corn producing countries, the US now has the best supply and availability. “Between Brazil, Argentina, Ukraine, and the US, that is about 90% of the corn on the world market being exported. So, when you […]
Farmers are encouraged to plan accordingly as supply chain disruptions impact the crop protection marketplace. BASF technical service representative Vince Davis says there are a lot of challenges going into spring. “And my biggest thing to encourage growers is to plan ahead, plan ahead, plan ahead. That starts with making sure you have a plan to not only tackle tar spot, but tackle all of the other foliar leaf diseases, […]
Senator Tammy Baldwin is among a bipartisan group of lawmakers calling for the expanded use of U.S. biofuels. Baldwin has signed onto new legislation that if passed, would make E15 available year-round, establish an E15 and biodiesel tax credit, and direct the Environmental Protection Agency to finalize their E15 labeling rule. The Wisconsin Democrat blames recent gasoline price spikes on Russian leader Vladimir Putin’s invasion of Ukraine and supports cutting […]
Upgrading America’s infrastructure remains a priority for corn and soybean growers at the 2022 Commodity Classic. Iowa farmer and Iowa Corn Growers Association President Lance Lillibridge tells Brownfield says it’s becoming more difficult to transport grain and supplies. “Our roads and bridges definitely need attention and we got to keep all that up. Our rail, too, the rail is an extremely important piece to moving all goods.” Kansas soybean grower […]
U.S. Senator Roger Marshall and Congressman Tracey Mann of Kansas have introduced The Emergency Relief From Duties Act to help combat rising fertilizer prices. The bills, introduced in the Senate and House, would create a pathway for emergency waivers for duties on fertilizers by the U.S. International Trade Commission. Kansas Corn Growers Association CEO Greg Krissek says it would help address duties on inputs. “If such a duty or tariff […]
Three years of research has yielded valuable data on how cover crops and manure work together. University of Minnesota Extension specialist Melissa Wilson says she’s wrapping up an extensive study that used different locations, crop rotations, cover crop species, and manure types. “In the soybean, corn rotation, it didn’t matter if there was a cover crop or if we used just fertilizer or if we used manure with a little […]
More and more food and ag companies are cutting ties with Russia as a list of corporations boycotting its invasion of Ukraine grows. Equipment manufacturers such as John Deere and Company, Caterpillar, and CNH industrial, are suspending business or halting operations in Russia while others like AGCO say have committed to supporting humanitarian efforts in the region. BASF, Louis Dreyfus, and Rabobank have committed to some type of suspensions according […]
May corn closed at $7.55 and 3/4, up 22 and 3/4 centsMay soybeans closed at $16.86 and 1/4, up 14 and 1/2 centsMay soybean meal closed at $483.70, up $9.00May soybean oil closed at 74.68, up 53 pointsMay wheat closed at $10.87, down $1.14 and 1/2Apr. live cattle closed at $135.90, down $1.67Apr. lean hogs closed at $100.10, down $1.05Mar. Class III milk closed at $22.42, down 12 centsApr. ...
The U.S. Dairy Export Council says higher prices and added cheese demand carried exports during January. Total export values for the month were up 16 percent from 2021 to $586 million while the volume declined by three percent. The council says tight global dairy supplies are increasing values but demand for nonfat dry milk/skim milk powder and whey was down on the year. Export volumes of nonfat dry milk/skim milk […]
