Year: 2022

Soybeans ended the day higher, supported by strength in the bean oil and bean meal markets.  Expectations that the capacity for renewable diesel will be expanded are very supportive of soybe3an oil.  The U.S. export [Read More…]

Alan Bjerga with National Milk Producers Federation discusses USTR’s move to get Canadian market access with Brownfield’s Larry Lee The U.S. is taking further action against Canada for its dairy trade practices.  U.S. Trade Representative [Read More…]

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher ahead of the week’s direct cash business and Friday’s On Feed numbers.  February live cattle closed $.47 lower at $155.57 and April [Read More…]

Mar. corn closed at $6.50, up 4 3/4 centsJan. soybeans closed at $14.78 and 1/2, up 17 and 3/4 centsJan. soybean meal closed at $452.40, up $3.30Jan. soybean oil closed at 66.05, up 164 pointsMar. [Read More…]

Illinois Farm Bureau is encouraging farmers to engage with state legislators as 38 new members enter the General Assembly in 2023. Mark Gebhards, Executive Director of Governmental Affairs and Commodities, tells Brownfield building and maintaining [Read More…]

The strong dairy product prices and export volumes seen in 2022 are expected to temper next year, tightening margins for US dairy producers. Economist Tanner Ehmke with CoBank tells Brownfield there has been gradual growth [Read More…]

An ag consultant suggests farmers hold off on pricing grain for 2024. Retired Iowa State University Extension Farm Management Specialist Dr. Steve Johnson says although current commodity prices are strong, he recommends waiting until this [Read More…]

An ethanol industry leader says 2022 was a good year for farmers and producers.  Troy Bredenkamp is with the Renewable Fuels Association. He says, “We have seen record growth and record sales of E15 across [Read More…]

Funding is now available for Indiana farmers in the Western Lake Erie Basin to help implement conservation practices on their land.  The funds, made possible through the Regional Conservation Partnership Program, will assist farmers in [Read More…]

Milk futures and cash dairy prices were down Tuesday on the Chicago Mercantile Exchange. January Class III milk was down $0.34 at $18.73.  February was down $0.35 at $18.52.  March was down $0.40 at $18.74.  [Read More…]