A market specialist says the ongoing war between Russia and Ukraine means the market will be watching U.S. crop production very closely. Mike North is with ever.ag. He says, “The fact that Ukraine might not be planting a crop this spring because they’re at war, it really puts a lot of premium into our market because as a general rule we’re going to have to displace their lack of supply […]
February milk production fell 1% nationwide and seven-tenths of a percent in the 24 major dairy-producing states. USDA’s National Agricultural Statistics Service says total milk production was 17.5 billion pounds Milk production in the United States during February totaled 17.5 billion pounds with 16.7 billion of that produced in the major dairy states. February production per cow in the United States averaged 1,869 pounds, 1 pound above February 2021. The […]
Warm temperatures and drought conditions could force farmers in the Western Corn Belt to go on the offensive when it comes to weed control. UPL Tech Services Lead Lynn Justesen says farmers will need to plan, but they’ll have to be flexible. “We may not get second opportunities,” he says. “Whether it is an opportunity to get a pre-emerge out or if we don’t control something between our pre-emerge or […]
Persistent drought in the US was one cause of a significantly large mature sheep harvest in 2021, making the current US drought scenario top of mind for sheep producers. American Sheep Industry Association Executive Director Peter Orwick tells Brownfield earlier this month, several of their producer members met with the Farm Service Agency Administrator in Washington DC. “You could certainly tell by the interaction between the producers and the agency, […]
At the Chicago Mercantile Exchange, live cattle were mixed ahead of widespread cash trade and Friday’s on Feed numbers. Feeder cattle were pressured by the higher move in corn. April live cattle closed $.45 lower at $140.05 and June live cattle closed $.72 lower at $136.35. April feeder cattle closed $1.12 lower at $161.20 and May feeder cattle closed $1.70 lower at $165.75. Direct cash cattle trade activity was quiet […]
The soybean complex closed higher to start the week. May soybeans closed 23 cents higher at $16.91, July soybeans up 26 and 1/2 cents at $16.72 and 1/4, May soybean meal closed $4.30 higher at $481.30 and soybean oil closed 142 points higher at $73.71. Soybeans are higher as Argentina has increased its tax rate on soy oil and meal two percent until the end of the year because of […]
US egg production increased slightly in February to 8.58 billion eggs. Production included 7.39 billion table eggs and 1.19 billion hatching eggs. The average number of layers in February totaled 390 million, down 1% on the year. February egg production per 100 layers was up 2% on the year at 2,202 eggs. Broiler-type chicks hatched during February were down slightly on the year totaling 759 million. Breeders placed 8.20 million […]
May corn closed at $7.56 and 1/4, up 14 and 1/2 centsMay soybeans closed at $16.91, up 23 centsMay soybean meal closed at $481.30, up $4.30May soybean oil closed at $73.71, up 142 pointsMay wheat closed at $11.19 and 1/4, up 55 and 1/2 centsApr. live cattle closed at $140.05, down 45 centsApr. lean hogs closed at $100.62, up $1.22Mar. Class III milk closed at $22.40, up 1 centApr. ...
Supply chain issues continue to plague many aspects of the agriculture industry and the equipment industry has not been exempt. Daryl Theis, head of sales and marketing with CLAAS says at any given point they have 5 to 10 percent of their annual production sitting outside their factories that are 99% complete. And like much of the world, he says CLAAS is just waiting on the arrival of parts to […]
