Month: February 2023

Soybeans were mixed, mostly higher, on bull spreading. The USDA raised U.S. ending stocks on expectations for slower crush demand and cut the production guess for Argentina. There was no change to Brazil’s crop, but [Read More…]

The president and CEO of the U.S. Meat Export Federation says the Agriculture Export Promotion Act, recently introduced in the U.S. House, would help ensure farmers remain competitive in the global marketplace. Dan Halstrom tells [Read More…]

The executive director of Farmers for Free Trade says the Biden administration needs to take more action on trade. Brian Kuehl says they recently met with members of Congress and the administration on the issue. [Read More…]

The USDA expects reduced milk per cow and a smaller herd to cause milk production to decline in 2023. In its February supply and demand report, USDA lowered cheese prices because of large stocks and [Read More…]

Milk futures were up and cash dairy prices were steady to lower except for blocks on the Chicago Mercantile Exchange. February Class III milk was up $0.04 at $17.81.  March was up $0.21 at $17.62.  [Read More…]

The USDA lowered 2023 pork and broiler production estimates while raising beef and leaving turkey unchanged. Beef production is expected to be 26.495 billion pounds, 50 million more than in January on a higher first [Read More…]

The USDA has increased ending stocks projections for U.S. corn, soybeans, and wheat modestly. Corn ending stocks are expected be 1.267 billion bushels, 25 million more than in January on a reduction in the ethanol [Read More…]

An atmospheric scientist says the delta region is at higher risk for severe weather this year. Eric Snodgrass with Nutrien Ag Solutions tells Brownfield, “Unfortunately they are going to go from a very wet time [Read More…]

Food and energy prices continue to be a pain point for America’s farmers and ranchers. During his State of the Union Address Tuesday night, President Biden says inflation is improving across the country. “Here at [Read More…]

Groups representing the pork sector are continuing to prioritize foreign animal disease prevention and preparedness in 2023. National Pork Board CEO Bill Even says late last year they sent a group of producers, veterinarians and [Read More…]