Agriculture

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Brownfield

CME milk futures mostly higher, cash dairy mixed Thursday

Milk futures were mostly higher and cash dairy prices were mixed on the Chicago Mercantile Exchange Thursday. June Class III milk was down $0.13 at $24.32.  July closed up $0.03 at $24.73.  August closed up $0.04 at $24.49.  September was up $0.09 at $24.36.  October through May contracts ranged from fourteen cents lower in March to nineteen cents higher in January. Dry whey was up $.0050 at $.5550.  One sale […]

todayJune 2, 2022 25

Brownfield

Expanding ethanol markets in Southeast Asia vital to U.S. biofuels industry

The U.S. Grains Council says expanding the ethanol market in Southeast Asia is adding to demand for U.S. biofuels. Stella Qian, manager of global ethanol market development, tells Brownfield South Korea is a strategic partner in the region to “load it into small shipments and supply it to the local market.  They were able to supply the neighboring markets including Vietnam, Philippines and Singapore at a significant level and provide […]

todayJune 2, 2022 63

Brownfield

Co-ops can play a role in farm broadband expansion

A leading CoBank economist says farm supply co-ops can lead the way in building on-farm private broadband networks. Jeff Johnston tells Brownfield farmer co-ops can build their own fixed wireless private networks thanks to a 2018 Federal Communications Commission decision. “They can deploy a wireless network that has the same quality and, for the most part, the same equipment that Verizon’s deploying that we use, that T-Mobile deploys,” he said. […]

todayJune 2, 2022 107

Brownfield

Baby Boom at Brownfield

May was an exciting month for the Brownfield Ag News family! One fourth of the broadcast team had babies! Ian, Rhiannon and Kimber Grace Kimber Grace Stroud, daughter of Rhiannon (Branch) and Ian Stroud, Farina, Illinois arrived May 12, 1:18 p.m., weighing in at 7lbs 1 oz and 21 inches long. Nicole and Rory Heslip Rory Thomas Heslip, son of Nicole and Kyle Heslip, Allegan, Michigan was born just before […]

todayJune 2, 2022 55

Brownfield

Ethanol stocks dive as production rises

Solid demand has pulled domestic ethanol supplies to their lowest level since the first week of this year. The U.S. Energy Information Administration says ethanol stocks are 23.961 million barrels, a drop of 751,000 on the week, but still up 3.73 million on the year due to increased production thanks to that demand and attractive margins for most producers. The Renewable Fuels Association says net inputs for refiners and blenders […]

todayJune 2, 2022 46

Brownfield

Ag-supported ethanol tax credit bill to be discussed in Michigan

Michigan legislation supporting homegrown biofuels is expected to come up for possible Senate committee action this month.  A spokesman for State Senator Kevin Daley tells Brownfield Senate Bill 814 is not on the June calendar yet but should be soon.  SB814 is the bill proposing to boost the production of biofuels, expand Michigan E15 use, and offer qualifying retailers a tax credit for every gallon of biofuel sold. The proposed […]

todayJune 2, 2022 54

Brownfield

Grains soften ahead of Ukraine export corridor talks

Wheat and corn futures have softened on prospects of a grain export corridor for Ukraine. StoneX commodity broker Craig Turner says Russia and NATO officials are expected to meet June 8th. “That does cause basically the world to now second guess how tight are exports going to be for old crop and new crop. So we saw wheat lead that market lower, everything else had to follow.” He tells Brownfield […]

todayJune 2, 2022 55

Brownfield

MoSoy testing emerging ag field tech

The Missouri Soybean Association’s Bay research farm is field testing emerging ag technologies. MoSoy Director of Agronomy and Research Eric Oseland tells Brownfield Bay farm is taking a ‘smart farm’ approach to find best practices for farmers. “Most farmers are pretty innovative, and they are very willing to adapt and adopt these new technologies,” he said. “But a lot of them are also really expensive and they’re a big investment.” […]

todayJune 2, 2022 27