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Dairy Revitalization Plan discussed by farmers

Dairy farmers from northcentral Wisconsin discussed a possible plan for future milk pricing.  Local chapter members of Wisconsin Farmers Union and Wisconsin Farm Bureau are talking about what’s called the Dairy Revitalization Plan, a growth management concept revised by University of Wisconsin dairy economists Mark Stephenson and Chuck Nicholson. This concept would require farms that expand past predetermined limits to pay a market access fee that would be paid to […]

todayMarch 24, 2022 75

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US and Japan reach agreement on beef safeguard

The United States and Japan have reached an agreement to increase the beef safeguard trigger level to prevent a higher tariff from being imposed on US beef. During a call with reporters, Assistant US Trade Representative for Agriculture Affairs and Commodity Policy Julie Callahan says it is a win for both countries. “It will allow American farmers and ranchers to meet Japan’s growing demand for high quality US beef and […]

todayMarch 24, 2022 99

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New tools in the fight against weed resistance

By stealing water and nutrients from the crop, weeds are on the biggest yield robbers farmers face each growing season.  In this Managing for Profit, Lynn Justesen, UPL Tech Service Lead says UPL offers a new herbicide solution for soybean growers targeting some of the toughest to control weeds. ...

todayMarch 24, 2022 64

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Ag groups support more CRP flexibility to aid in potential global grain shortages

Ag groups are calling on the Biden administration to provide flexibility for prime farmland in the Conservation Reserve Program as the Russian/Ukraine conflict has the potential to impact global food security. Ag economist Scott Irwin at the University of Illinois tells Brownfield Ukraine produces about 60 million acres of crops which are at risk this growing season. “The war in Ukraine has put at risk an Iowa and Illinois sized […]

todayMarch 23, 2022 31

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Closing grain and livestock futures: March 23, 2022

May corn closed at $7.57 and 3/4, up 4 and 3/4 centsMay soybeans closed at $17.18 and 3/4, up 22 and 1/4 centsMay soybean meal closed at $485.10, up $8.30May soybean oil closed at $75.97, up 143 pointsMay wheat closed at $11.05 and 3/4, down 12 and 1/2 centsApr. live cattle closed at $139.42, even on the dayApr. lean hogs closed at $102.55, up $2.30Apr. ...

todayMarch 23, 2022 32

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National Pork Producers Council continues to address industry challenges

The CEO of the National Pork Producers Council says being more strategic with producer dollars is a top priority for the organization. Bryan Humphreys tells Brownfield “it’s about organization effectiveness and organization efficiency so we’re in a better situation and better position to be able to tackle things like ASF preparation and prevention, supply chain disruptions, labor challenges, and other ongoing challenges that continue to affect our producers in the […]

todayMarch 23, 2022 27

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Soybean complex moves fully higher

The entire soybean complex is trading higher to sharply higher at midday. The market is hopeful export sales will continue after USDA announced a sale of 240,000 metric tons of old crop soybeans on Tuesday. The sale is for delivery this marketing year to unknown destinations. Russian – Ukrainian tensions are giving an added boost to the soybean oil market with the likely lack of sunflower oil coming out or […]

todayMarch 23, 2022 30

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Total red meat supplies up 1% on the year

The USDA says domestic meat supplies in cold storage at the end of February were mostly above year-ago levels. Total red meat supplies were up 5% on the month and 1% on the year.  Beef supplies were up 1% on the month and 4% on the year. Pork stocks were up 11% on the month, but down 1% on the year, with stocks of pork bellies up 12% from last […]

todayMarch 23, 2022 28

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Live cattle futures higher ahead of Friday’s On Feed numbers

At the Chicago Mercantile Exchange, live cattle were mostly higher watching this week’s direct cash business unfold. Boxed beef was higher at midday.  Feeder cattle are mixed adjusting spreads.  Traders are also looking ahead to Friday’s On Feed numbers from the USDA.  April live cattle were unchanged at $139.42 and June liv cattle closed $.27 higher at $135.97.  April feeder cattle closed $1.20 higher at $161.77 and May feeder cattle […]

todayMarch 23, 2022 28