Jul. corn closed at $5.89, up 1/2 centJul. soybeans closed at $14.17 and 3/4, up 1/4 centJul. soybean meal closed at $424.60, down 30 centsJul. soybean oil closed at 52.48, down 16 pointsJul. wheat closed at $6.45, up 5 and 1/4 centsJun. live cattle closed at $161.57, down 7 centsMay feeder cattle closed at $203.65, up 22 centsMay lean hogs closed at $77.07, down $1.07May Class III milk closed at $16.68, […]
The US Department of Agriculture has unveiled 12 USDA Regional Food Business Centers to help farmers and ranchers access new markets and navigate federal, state, and local resources. Speaking to reporters on Wednesday, U.S. Ag Secretary Tom Vilsack said, “we think it will provide technical and financial assistance to continue strengthening our local and regional food system.” The USDA has said $400 million will be used to fund the Regional […]
An atmospheric scientist says farmers in parts of the corn belt are getting concerned about the lack of moisture. Eric Snodgrass with Nutrien Ag Solutions tells Brownfield drought conditions are more widespread. “The drought monitor that just came out shows an extension of the drought area abnormally dry now going into more of Missouri, Iowa, and Illinois.” But, Snodgrass says the forecast has some much-needed relief for some areas over […]
Soybeans were mixed on bull spreading, reflecting the tight nearby supply. Near-term planting weather looks generally favorable in most of the Midwest and Plains. Export sales were down on the week, but above the four-week average. The big old crop buyers were China and Germany, with a net cancellation by unknown destinations, while new crop sales were routine, all to China. Brazil continues to dominate the export market, but their […]
Bayer is reorganizing its seed business and streamlining the seed buying experience for its customers. The company announced on Wednesday that it will combine the best elements of its regional brands and the Channel brands to create a more robust Channel brand. Bayer says the move will strengthen dealer relationships and allow the company to invest more in agronomic support and products that benefit customers. The company says it is […]
A variety of factors continue to tighten margins for pork producers. Josh Maschhoff of Nashville, Illinois is a director for the Illinois Pork Producers Association. He tells Brownfield an extended period of high grain prices have not helped. “Feed costs make up 70% of the cost of production for these protein animals. So, when you couple that with the weaker than normal summer demand that we’re seeing right now, the […]
U.S. Congresswoman Ashley Hinson says commodity programs needs to be strengthened in the 2023 farm bill. “Crop insurance is a critical program for so many of our producers,” she said. The Iowa Republican tells Brownfield any cuts to federal crop insurance would hurt the ag industry. Hinson says she recently met with House Ag Committee Chairman Glenn “GT” Thompson to discuss her priorities. “I expressed my support for not only […]
Birds from a small backyard flock in Posey County have tested presumptive-positive for highly pathogenic avian influenza. The small flock was reported to the Board of Animal Health after significant death loss. Samples were sent to the national USDA laboratory for confirmation. Since it is a small flock, not engaged in commerce, the finding does not impact Indiana’s highly pathogenic avian influenza-free status that went back into place on April […]
The Senate has voted to strike the Lesser Prairie Chicken (LPC) from being listed on the Endangered Species Act (ESA). Kansas Senator Roger Marshall says the listing was unnecessary because producers have done their part in protecting the species. “Thanks to voluntary efforts already, the prairie chicken numbers have a general upward trend.” The Congressional Review Act Resolution of Disapproval was introduced by Marshall and passed 50-48Thursday night. During a […]
