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Brownfield

Economist says reduced gasoline use will negatively impact farmers

An economist with CoBank says the trend towards reduced gasoline use will have an impact on farmers and the transportation sector.  Teri Viswanath Teri Viswanath tells Brownfield as people transition to electric and more efficient gasoline vehicles, less gasoline will be produced and, “43% of the refining yield is gasoline, 28% is distillate and that includes diesel, so if you don’t need the gasoline, you may not be producing enough […]

todayJune 2, 2023 24

Brownfield

Dry weather speeding along planting

The month-long planting season is wrapping up for a farmer in central Michigan. Jeff Thorlund of Greenville tells Brownfield dry conditions helped the planting season go smoothly for potatoes, corn, and soybeans. “We’ve had a dry month of May, but for planting it’s been great,” he shares.  “The soil conditions have been wonderful and soil moisture has been good. We could use some rain, but right now everything seems to […]

todayJune 2, 2023 16

Brownfield

Closing Grain and Livestock Futures: June 2, 2023

Jul. corn closed at $6.09, up 16 and 1/2 centsJul. soybeans closed at $13.52 and 1/2, up 23 centsJul. soybean meal closed at $397.80, down $3.60Jul. soybean oil closed at 49.50, up 164 pointsJul. wheat closed at $6.19, up 8 and 1/4 centsJun. live cattle closed at $176.42, up $1.52Aug. feeder cattle closed at $241.90, up 25 centsJun. lean hogs closed at $86.72, up $3.17Jun. ...

todayJune 2, 2023 17

Brownfield

USTR requests dispute settlement with Mexico over biotech corn ban

The United States Trade Representative has filed a formal dispute settlement with Mexico over its ban of biotech corn for human consumption and animal feed. National Corn Growers Association President Tom Haag tells Brownfield the filing that’s made possible under the United States-Mexico-Canada Agreement is long overdue. “When we started talking about this in October, this is something that we are happy to see, and this is what we’ve been […]

todayJune 2, 2023 21

Brownfield

Sugarbeet planting winding down in southern Red River Valley

Sugarbeet planting is winding down in the Red River Valley. Minn-Dak Cooperative chairman Pat Freese says of the more than 100,000 beet acres grown for the co-op this year, only a few hundred remain unplanted. “And the beets that went in early, or the first ones that went in, the stands on those look really good. They were able to get the chemical on that they needed, and then of […]

todayJune 2, 2023 23

Brownfield

Soybeans, corn up on weather concerns, outside markets

Soybeans were higher on fund and technical buying, ending the week mixed, with nearby contracts up and deferred months down. Generally warm, dry weather in much of the Midwest should help planting but could cause early stress in some areas. Weekly old and new crop export numbers were bearish, with old crop sales at 4.5 million bushels and new crop at 11.1 million. There were no reported old crop sales […]

todayJune 2, 2023 11

Brownfield

Weather and pests impact hay production along I-29

A forage specialist with Winfield United says variable weather and pests are affecting hay production along the I-29 corridor, an area following the Interstate starting in Kansas City, Missouri stretching to the Canadian border. Jeff Jackson says in Missouri and eastern Kansas, the first crop of alfalfa looks good in the areas with moisture, but where it’s dry the crop isn’t good. He says cutting is behind the usual pace. […]

todayJune 2, 2023 16

Brownfield

A good rain is on hold

An atmospheric scientist says farmers across much of the Corn Belt will have to wait until June 10 before the chance for significant rain. It’s been dry for many areas and Eric Snodgrass with Nutrien Ag Solutions says farmers should expect heat stress to continue affecting the crop in the next few days, especially the dryland crops in western Iowa, Nebraska and South Dakota. “Some of the crop is soon […]

todayJune 2, 2023 10

Brownfield

CME milk futures, cash dairy prices down Friday

Milk futures and cash dairy prices were lower Friday on the Chicago Mercantile Exchange. June Class III milk was down $0.34 at $15.29.  July was down $0.42 at $16.14.  August was down $0.38 at $16.99.  September was down $0.36 at $17.76.  October through April contracts ranged from unchanged from February through May to thirty-two cents lower in October. Dry whey was unchanged at $0.2575.  Seventeen sales were recorded from $0.2550 […]

todayJune 2, 2023 14