Ag News
Soybeans down, corn mostly weak, watching Argentina
Soybeans were lower on fund and technical selling, cementing the lower weekly finish. Most forecasts have improved much-needed near-term rainfall for Argentina and southern Brazil. Argentina’s crop is in dismal shape and will need more [Read More…]
December cattle placements drop 8% on year
The USDA says 1.804 million head of cattle were placed into U.S. feedlots in December. That was down 8% from December 2021 with the usual holiday related slowdown in placements amplified by winter storms in [Read More…]
Clean Fuels Conference will kick off Monday in Tampa
Clean Fuels CEO Donnell Rehagen at last year’s conference. Brownfield Ag News will be on the ground at the 2023 Clean Fuels Conference Jan. 23-26 in Tampa, Florida. Clean Fuels Alliance America is getting ready [Read More…]
CME milk & cash dairy mostly lower Friday
Milk futures and cash dairy prices were mostly down Friday on the Chicago Mercantile Exchange. February Class III milk was down $0.06 at $18.24. March was down $0.01 at $17.99. April was up $0.02 at [Read More…]
Precision Planting introduces “Panorama” and other advancements at Winter Conference
During the company’s 2023 Winter Conference this week, Precision Planting unveiled “Panorama”, a data collection and utilization platform designed to pair with their 20/20 monitor. Justin McMenamy, Vice President of Disruptive Products tells Brownfield, “If [Read More…]
Sheep producers feel price pinch
A midwestern sheep producer says lamb sales are taking a backseat at the grocery store. Brenda Reau tells Brownfield rising food costs have negatively impacted lamb markets. “People just don’t have the extra disposable income [Read More…]
USGC applauds Vilsack “no compromise” approach to Mexico GM corn ban
The U.S. Grains Council applauds the stance taken by the Biden administration on Mexico’s proposed GM corn ban. USGC CEO Ryan LeGrand says he’s happy to see Ag Secretary Vilsack engaged in the process. “Saying [Read More…]
U.S. export sales mostly up on week
Export sales for many key U.S. commodities showed big improvements during the week ending January 12th. The USDA says corn topped a million tons and sorghum hit a marketing year high, while soybeans, soybean products, [Read More…]
John Deere ExactRate Planter technology
Lina Pham is a marketing manager for John Deere planters and seeding equipment. She says ExactRate technology is an integrated liquid fertilizer system that can help farmers save on input costs by featuring row by [Read More…]
USDA Under Secretary working on biotech corn ban
In her first three weeks on the job, USDA Under Secretary for Trade Alexis Taylor says she has been spending time on Mexico’s biotech corn ban. She tells Brownfield the Biden administration is still not [Read More…]
Frost: boosting domestic production of oil and gas, reducing trade barriers
Former Congressman Martin Frost, on behalf of Council for a Secure America, says the ongoing energy crisis in Europe is a cautionary tale for the U.S. “There’s been an effort to increase alternative energy sources [Read More…]
Farm Bureau economist concerned about short and long-term impact of inflation
American Farm Bureau’s chief economist is concerned about inflation limiting the ability of farmers to borrow money. Roger Cryan says consumer prices have risen nearly 20 percent the past four years and he expects [Read More…]
Capturing the biggest return on investment and highest yield
As farmers prepare for the upcoming growing season, using win-rate data can help in planning and decision making for fertilizer management programs. In this episode of Managing for Profit, an agronomist details how to create [Read More…]
The push to get whole milk back in schools
The Chair of the House Agriculture Committee says he’ll continue his push to allow unflavored and flavored whole milk to be offered in school cafeterias. In 2010, Congress passed the Healthy, Hunger-Free Kids Act which [Read More…]
Port of Duluth presents export opportunities for Minnesota soybean growers
The Minnesota Soybean Growers Association expects the Port of Duluth to become a valuable export hub. MSGA president Bob Worth says the Port of Duluth is poised to be an important tool for moving soybean [Read More…]
H2Ohio continues to expand
Participation continues to grow in H2Ohio, the comprehensive water quality initiative aimed at addressing water issues in the Buckeye State Jordan Hoewischer is the director of water quality and research for Ohio Farm Bureau. [Read More…]
Cattle futures mixed, lean hogs sharply lower on Wednesday
At the Chicago Mercantile Exchange live cattle futures were narrowly mixed ahead of the week’s direct business and Friday’s USDA Cattle on Feed report. Feeders were up on the lower move in corn. February live [Read More…]
Closing Grain and Livestock Futures: January 18, 2023
Mar. corn closed at $6.81 and 1/4, down 4 centsMar. soybeans closed at $15.24 and 1/2, down 15 and 1/4 centsMar. soybean meal closed at $478.10, down $3.10Mar. soybean oil closed at 64.12, up 28 [Read More…]
Rain potential in Argentina sends corn, soybeans lower
Soybeans were lower on speculative and technical selling, in addition to spillover from the broader market. Most forecasts have improved rain in Argentina and southern Brazil into early next month. That’s expected to stabilize or [Read More…]