A global ag trade expert says a series of rare events has created an ongoing list of challenges for farmers around the world. Gregg Doud, currently with Aimpoint Research, formerly served as Chief Ag Negotiator for the US Trade Representative under the Trump Administration. He tells Brownfield while Russia’s invasion of Ukraine has triggered a number of global supply chain issues, it’s also put Ukrainian farmers in danger. “We see […]
The president of the National Corn Growers Association says its important for USDA to understand the impact higher fertilizer prices have on farmers’ operations. Chris Edgington tells Brownfield, “On 200 pounds of nitrogen a year ago I spent probably $80 or $85,” he said. “This year it is $200 and more.” He says soaring prices have caused producers to scale back. “This really can have an effect on overall yield, […]
A small meat processor in Michigan is focused on providing local food while treating animals humanely and getting as close to zero waste as possible. Healthy Living: ...
A University of Missouri climatologist is expecting a solid planting window ahead in the Western Cornbelt. Pat Guinan tells Brownfield farmers will likely see a move to warmer temperatures next week, starting Sunday, allowing ground to dry out. “High temperatures in the upper 80s even, perhaps, getting into the 90s,” he said. “And when you approach that in the middle part of May, that’s near-record highs.” He said three of […]
At the Chicago Mercantile Exchange, live cattle were mostly lower and feeders were mostly higher watching corn and adjusting spreads. It was a quiet Friday for direct cash cattle trade activity. Deals for the week were marked at $232 dressed in the North, steady with the previous week’s weighted average basis in Nebraska. Southern live deals were at mostly $140, with a few at $141, fully steady with prior week’s […]
A White House adviser says the latest jobs report shows supply chains are continuing to recover from the pandemic. Cecilia Rouse, chair of the White House’s Council of Economic Advisers, tells Brownfield the nation’s employment rate continued to grow in April while unemployment held steady. “With people joining the workforce, it means that they will have money to spend on food, but we recognize that food prices are a challenge, […]
Soybeans were sharply lower on fund and technical selling and, overall, losing ground for the week. Most forecasts had improved planting weather in much of the U.S. in the coming week. Soybean products were mostly lower and crush margins have tightened a little recently but remain in positive territory. The trade is also monitoring the spread of COVID in China and lockdowns delaying unloading of ships. The USDA’s attaché for […]
May corn closed at $7.92 and 1/4, down 11 and 1/2 centsMay soybeans closed at $16.55 and 1/2, down 23 centsMay soybean meal closed at $423.40, down $3.50May soybean oil closed at 88.40, up 190 pointsMay wheat closed at $10.97, up 1 centJun. live cattle closed at $132.75, down $1.02June lean hogs closed at $104.10, down $2.97May Class III milk closed at $25.01, up 7 centsJun. ...
A bipartisan bill has been introduced in the U.S. House to preserve agricultural conservation efforts in the Great Lakes. Introduced by Ohio Democrat Tim Ryan and Michigan Republican Tim Walberg, the Great Lakes Agricultural Stewardship Act would establish a Great Lakes basin initiative for agricultural nonpoint source pollution prevention. The legislation builds off the Michigan Agriculture Environmental Assurance Program, H2Ohio, and other voluntary stewardship programs supporting farmers’ efforts to protect water […]
