New analysis by American Farm Bureau finds natural disasters in 2021 cost more than $12.5 billion in crop and forage losses. Ag economist Danny Munch tells Brownfield drought and wildfires across the U.S. caused the greatest damage to cropland last year and accounted for nearly 80 percent of all damages. “Or about $8 billion in crop losses,” he says. Munch says more than $6.5 billion in losses were not covered […]
May corn closed at $7.62 and 1/2, up 6 and 3/4 centsMay soybeans closed at $16.76, down 10 and 1/4 centsMay soybean meal closed at $477.10, down $6.60May soybean oil closed at 76.03, up 135 pointsMay wheat closed at $11.06 and 1/2, up 19 and 1/2 centsApr. live cattle closed at $137.30, up $1.40Apr. lean hogs closed at $102.72, up $2.62Mar. ...
Milk futures on the Chicago Mercantile Exchange ended the week in mixed activity as nearbys held on to the week’s negative tone while later month contracts were more optimistic. March Class III milk was down seven cents at $22.35. April seven cents lower at $23.82. May up 12 cents at $24. June 19 cents higher at $24.02. July through September 40 to 59 cents higher. Dry whey unchanged at $0.7575. […]
The American Dairy Association Indiana kicked off National School Breakfast Week at Franklin Community Middle School. Brooke Williams, director of communications, says the school was recently awarded a new school breakfast cart from the organization and the Indianapolis Colts. “It’s always a fun time to talk about the importance of breakfast during this week-long celebration,” she says. “They had a little extra reason to do so this week and that […]
Soybeans were mixed, adjusting spreads, but still closing higher for the week. Beans monitored soybean products, in addition to conditions in South America, with drier weather expected in some areas. That’s coming at a critical time in development for soybeans, especially late planted beans in Argentina, which are in the pod filling stage. The USDA’s next set of supply and demand estimates is out April 8th, with CONAB’s updated outlook […]
The USDA has announced a $250 million investment to support and expand American fertilizer production. Speaking during Commodity Classic, Ag Secretary Tom Vilsack said “we want to invest in fertilizer expansion in the U.S. that is Independently-produced, made in America. And, hopefully embrace new innovation and support sustainable farming operations.” The USDA says it will address rising costs, including the impact of Russia’s price hike on farmers, and spur […]
Members of Michigan’s food and ag industry are advocating the benefits of a $1.4 billion supplemental funding bill for agriculture. Michigan Farm Bureau President Carl Bednarski tells Brownfield the pandemic brought to light where major gaps in the food system exist and Senate Bill 885 would find efficiencies for Michigan commodities throughout the supply chain. “It’s a big issue and this bill identifies that as one-time money to try to […]
Golden Harvest’s Andy Ackley discusses breakthroughs in its seed technology. Andy Ackley Interview ...
This year’s Outstanding Michigan Agricultural Educator of the Year says her career marries her parents’ professions of a farmer and a teacher. Jennifer Wheeler has been teaching agriscience at Sand Creek in Lenawee County since 1996. “Ag education is a must—students must know where their food is grown and how,” she says. “The science that we can teach these students, the communication skills and leadership through FFA will be with […]
