At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower, watching direct cash business develop. Feeders had additional pressure from the higher move in corn. April live cattle closed $.70 lower at $144.75 and June live cattle closed $1.27 lower at $141.12. March feeder cattle closed $1.45 lower at $162.77 and April feeder cattle closed $.85 lower at $168.27. Direct cash cattle trade has been slow to […]
Milk production during January was slightly behind the same period a year earlier. USDA says production in the U.S. for the month totaled 18.2 billion, 1.4 percent lower than January 2021. The herd size was down 63,000 head on the year and 5,000 from last month. Production per cow averaged nearly 23,000 pounds, about 170 more than a year ago. The average number of milk cows on U.S. ...
A new beef cattle teaching farm is building up its facilities and herd to educate high school students on cattle industry opportunities. Tammy Bartholomew, the executive director of the Show Me Youth Ag Academy, tells Brownfield the nearly 170-acre operation outside of Lamar, Missouri will cover every aspect of beef cattle business – including an off-sight 400 head feed lot. “These students are getting direct hands-on education with everything from […]
31902D, Chain Reaction Innovations and Argonne Design Works portraits: Bernard Johnson A company whose technology enables semi-trucks to operate on biofuels recently celebrated a major milestone. ClearFlame CEO BJ Johnson tells Brownfield they outfitted a Cummins 500-horsepower engine to run on ethanol and during road tests in late December the truck performed the same as if running on diesel. “It’s a huge validation, both to all the R&D that we […]
An extension crops educator says arranging for agronomic inputs will be very important this year. Dave Nicolai with the University of Minnesota tells Brownfield growers are concerned about the price of nutrients and availability of crop protection products. “There are certain products like Liberty or glufosinate that we know are going to be in tighter supply. Even glyphosate, knowing that we can’t maybe get the generics, maybe the U.S.-based. But […]
As labor and trucking shortages create challenges nationwide, the National Pork Board is working to quantify those impacts at the farm level. CEO Bill Even tells Brownfield they launched a comprehensive labor study on the US pork industry last week. “Because at the end of the day, if we go up to somebody and say we have a labor shortage, they’ll say take a number and get in line because […]
Mar. corn closed at $6.83 and 3/4, up 9 centsMar. soybeans closed at $16.75, up 40 centsMar. soybean meal closed at $471.10, up $17.40Mar. soybean oil closed at 70.72, up 57 pointsMar. wheat closed at $8.76, up 31 and 3/4 centsApr. live cattle closed at $143.05, down 70 centsApr. lean hogs closed at $108.02, down $4.05Mar. Class III milk closed at $22.02, down 44 centsApr. ...
Soybeans were sharply higher on commercial and technical buying, with March closing just shy of the 2021 spot price high. Beans roared to new highs with strength in bean meal, with March establishing a fresh closing high, and China buying 132,000 tons of 2022/23 U.S. beans. That is the sixth day in a row with an announced purchase of U.S. soybeans for a running total of 815,000 tons, including 575,500 […]
February Class III milk futures on the Chicago Mercantile Exchange steady at $20.89. March down 44 cents at $22.02. April 38 lower at $22.48. May through July contracts 3 higher to 18 lower. Dry whey unchanged at $0.81. Blocks steady at $1.99. Barrels down $0.02 at $1.9350. Butter down $0.01 at $2.64. Five trades, ranging from $2.64 to $2.6475. Nonfat dry milk up $0.01 at $1.86. Twelve trades with a […]
