Agriculture

A dairy cooperative has selected a new Chief Financial Officer. Wisconsin-based Organic Valley named Abed Abdo to the post on Monday. The certified public accountant has more than twenty years in financial management.  Abdo comes to Organic Valley from the fundraising and awareness organization for St. Jude Children’s Research Hospital, where he served as their CFO since 2019.  Abdo also previously handled finances for ConvaTec Group and several divisions of […]

A central Wisconsin farmer says field progress this spring has been slower than usual because of excess moisture in some fields.  John Eron farms west of Stevens Point, and says for him, tillage and planting began in the lower lands this year. “We’re noticing a lot of the sidehill seeps are pushing out a lot of water, which happens one out of ten years and apparently, this is the year […]

An agronomist says soybean seed inoculants remain a good investment for farmers. Kurt Seevers with Verdesian says the rhizobia in the treatment helps provide adequate nitrogen for crops without having to add as much fertilizer. “If you find something that’s going to give you a return on investment, it doesn’t matter how big that return is, as long as it’s a return, then you’re making money.” Seevers says many farmers […]

At the Chicago Mercantile Exchange live cattle futures were up and feeders closed higher, supported by the week’s direct cash cattle business. Weekly beef export sales were up on the week and larger than average. June live was up $1.20 at $167.30 and August was $.65 higher at $164.77. August feeders were $.17 higher at $234.70 and September was up $.45 at $238.07. A few scattered bids were left on […]

The first dairy-based ethanol plant in the U.S. will break ground later this year.  The Michigan Milk Producers Association and Canadian Dairy Distillery are partnering to turn a dairy byproduct, milk permeate, into ethanol for the biofuels sector. Dairy Distillery CEO Omid McDonald tells Brownfield he helped create a method to process the milk sugar into a carbon-neutral vodka that’s marketed as VodKow. “Very early on in the project, I […]

Soybeans were lower on fund and technical selling. Planting and development weather looks favorable in most of the Midwest, with generally warm, dry conditions in the near-term forecast. The critical test for beans will be weather during the pod filling stage this summer. Old crop export sales were below average and new crop sales were very light. Germany and Japan led the way on old crop, with a cancellation by […]

Jul. corn closed at $5.90 and 3/4, up 3 and 1/2 centsJul. soybeans closed at $13.24, down 1/2 centJul. soybean meal closed at $397.20, down $5.00Jul. soybean oil closed at 48.52, up 52 pointsJul. wheat closed at $6.04 and 1/4, down 2 centsJun. live cattle closed at $167.30, up $1.20Aug. feeder cattle closed at $234.70, up 17 centsJun. lean hogs closed at $77.65, down $2.15Jun. ...