Agriculture

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Farms.com

When it Comes to Risk Management, StoneX is the Name!

Natalie Benjamin Senior Risk Management Consultant, of StoneX Financial Canada, speaks with Daryl Fransoo Chair of the Western Canadian Wheat Growers and Saskatchewan farmer, familiarizing him with who StoneX is, who their clients are, and what they do for them. Meaghan Bell, Senior Cash Broker and Risk Management Associate with StoneX Financial Canada explains their plans for Ag In Motion 2022.

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USDA Latest

U.S. Department of Agriculture, NASA Advance Exploration, Science

WASHINGTON, June 21, 2023 – The U.S. Department of Agriculture (USDA) and the National Aeronautics and Space Administration (NASA) signed a memorandum of understanding today strengthening the collaboration between the two agencies, including efforts to improve agricultural and Earth science research, technology, and agricultural management, and the application of science data and models to agricultural decision making.

todayJune 21, 2023 39

Brownfield

Indiana FFA State Convention underway, returns to Purdue campus

Blue and gold corduroy jackets have descended on Purdue University’s campus for the 94th Indiana FFA State Convention.   Stephanie Berenda, a soon to be senior with the South Newton FFA Chapter, says she’s excited the convention is back in West Lafayette after being virtual in 2020 and taking place at the Indiana State Fair in 2021 and 2022. “Things have been amazing. The sessions have been amazing. There’s been […]

todayJune 21, 2023 61

Brownfield

Michigan crops holding on

A farmer in central Michigan says he’s surprised how crops have been handling several weeks without rain. Dave Williams of Elsie tells Brownfield, “It’s kind of across the board, I wouldn’t say things look like a disaster, but they don’t look great either in some places.” Williams finished planting in mid-May after too wet of conditions delayed fieldwork. “I’m surprised at how good things look and we’ve got corn that […]

todayJune 21, 2023 37

Brownfield

Ernst, Stabenow lead bill to halt foreign purchases of U.S. farmland

Members of the Senate Ag Committee have introduced a bill that would prevent some countries from acquiring U.S. farmland. Iowa Republican Joni Ernst says the legislation would review the purchase or lease by a foreign entity. “We are fighting to overhaul the system that has allowed this national security risk to go on for far too long.” The Foreign Agricultural Restrictions to Maintain Local Agriculture and National Defense (FARMLAND) Act […]

todayJune 21, 2023 23

Brownfield

Spotty rains will continue

An ag meteorologist says spotty rainfall is expected across the Corn Belt as summer begins. Greg Soulje says the areas that get rain are expected to stay in a moisture deficit. And as hot and dry conditions persist, he says crop conditions could decline. “In the next two to three weeks, as we get into the reproductive time for the corn crop, there may not be extreme heat, but the […]

todayJune 21, 2023 22

Brownfield

Closing Grain and Livestock Futures: June 21, 2023

Jul. corn closed at $6.71, up 27 and 1/4 centsJul. soybeans closed at $15.14 and 3/4, up 37 and 1/2 centsJul. soybean meal closed at $439.20, up $26.40Jul. soybean oil closed at 55.63, down 400 pointsJul. wheat closed at $7.34 and 1/2, up 38 and 3/4 centsAug. live cattle closed at $169.75, up 5 centsAug. feeder cattle closed at $227.72, down $4.42Jul. ...

todayJune 21, 2023 17

Brownfield

Soybeans, corn, wheat up strongly on weather worries

Soybeans were sharply higher on speculative and technical buying. The USDA’s national soybean good to excellent condition rating fell 5% following another week of mostly dry weather on some key U.S. growing areas. While the critical month for soybeans is August, conditions during these early development phases will inform this year’s yields to some degree. Soybean oil was mostly limit down on the EPA’s lower than expected conventional biodiesel numbers […]

todayJune 21, 2023 20

Brownfield

Dairy farmers holding down production gains

More efficient cows led to an incremental increase in milk production during May while the dairy herd held steady. USDA says production in the U.S. during the month totaled nearly 20 billion pounds with production per cow up 10 pounds from last year.   The herd size increased 12,000 head on the year but remained unchanged from April.  South Dakota and Kansas have the largest increases in milk production in […]

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