More mud, ending the day with another malfunction…
Day 22 of the fall harvest. We ended the day moving farms and having a header malfunction..
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Agriculture
Small meat processor: USDA grant program needs work
A small meat processor says he’d like to apply for the USDA’s latest grant program, but the application process is too burdensome. Charlie Emswiler with Wahoo Meat Locker in Nebraska said there are a lot of stipulations connected to the Meat and Poultry Processing Expansion Program announced last month. “It’s almost not feasible for the small processor in the amount of time they gave you,” he said. “By the time […]
HPAI confirmed in Nebraska broiler flock
The second case of highly pathogenic avian influenza has been confirmed in Nebraska, this time on a commercial broiler flock in Butler County. Steve Wellman is Nebraska’s Director of Agriculture. “There are about 570,000 broilers on that location,” he says. “USDA and the Nebraska Department of Agriculture (NDA) are working with the owners and the producers there to depopulate the site and to control the spread of the disease.” The […]
Cattle futures lower ahead of direct cash business
At the Chicago Mercantile Exchange, live and feeder cattle were lower waiting for direct cash trade to develop. The cattle on feed report comes out on Friday. It was a quiet Tuesday for direct cash cattle trade activity. Asking prices were at $140 to $142 live in the South, while the North remained quiet. With Cattle on Feed numbers coming out on Friday, it could be late in the week […]
Egg producer profitability taking hit after hit
An egg market analyst says highly pathogenic avian influenza is adding insult to injury for US egg producers. Brian Moscogiuri with Eggs Unlimited says for the last two years US egg producers have faced multiple challenges making profitability even more difficult. “In terms of investing in their farms to comply with pieces of state legislation for cage-free,” he says. “Obviously you had the pandemic and had the surge in buying […]
Commodities trade mostly sideways
Soybeans were softly higher Tuesday with a mixed complex from lower soybean meal. May soybeans were 5 and 1/2 cents higher at $16.96 and 1/2, July soybeans closed 6 and 1/2 cents higher at $16.78 and 3/4, soybean meal closed $4.50 lower at $476.80, soybean oil closed 83 points higher at $74.54. USDA announced the sale of 240,000 metric tons of U.S. soybeans to unknown destinations for the current marketing […]
Iowa Ag Secretary focused on GM corn ban during recent trade mission to Mexico
Iowa Ag Secretary Mike Naig is troubled by the Mexican government moving toward a phase out of genetically modified corn. Naig recently returned from a trade mission to Mexico and tells Brownfield the GM corn ban was a significant focus. “That would ultimately result in a disruption to us getting corn into Mexico. Now it’s not resulting in disruptions today, but as we look to the future and look to […]
Closing grain and livestock markets: March 22, 2022
May corn closed at $7.53, down 3 and 1/4 centsMay soybeans closed at $16.96 and 1/2, up 5 and 1/2 centsMay soybean meal closed at $476.80, down $4.50May soybean oil closed at $74.54, up 83 pointsMay wheat closed at $11.18 and 1/4, down 1 centApr. live cattle closed at $139.42, down 62 centsApr. lean hogs closed at $100.25, down 37 centsApr. ...
ACE CEO says biofuels bill introduced in House checks a lot of boxes
The CEO of the American Coalition for Ethanol says legislation introduced in the House covers a laundry list of biofuel priorities. Brian Jennings tells Brownfield the Homefront Energy Independence Act would ensure E15 could be sold year-round in all parts of the country. “That’s critically important to us. But (the bill) would also establish tax credits for E15 and higher blends, it would direct the EPA to finalize an E15 […]
