Milk futures and the cash dairy prices were mixed Thursday on the Chicago Mercantile Exchange. April Class III milk was up $.10 at $15.57. May was up $0.19 at $17.41. June was up $0.09 at $17.64. July was down $0.01 at $18.05. August through November contracts ranged from unchanged in November to seven cents higher in October. Dry whey was up…
Continue readingThe American Farmland Trust says increasing support of agricultural conservation easements in the next farm bill would provide long-term climate benefits. Senior Policy Advisor Cris Coffin tells Brownfield recent research with Purdue University finds easements are the reason farmers invest more in conservation practices. “I think one of the most important benefits is that folks…
Continue readingAn animal protein analyst says pork producers’ profits may have changed course. Brian Earnest, at CoBank, tells Brownfield after 17 straight months… “Producers are back in the black after being in the red for several periods, so you know, maybe some room for optimism as we’re thinking about 2024,” he says. Earnest says declining feed…
Continue readingThe outgoing president of the Missouri FFA Association says the FFA continues to have many opportunities for its members. Sam Tummons tells Brownfield “it’s a place everyone can be successful, not just farm kids. Traditionally, it’s a very agricultural rooted organization, but you don’t have to be a farm kid to be successful. The things…
Continue readingWatch as Brownfield anchor/reporter Brent Barnet and Travis Kimmel, Director of Agronomic Technology for Advanced Agrilytics, talk about the importance of environmental factors that impact nitrogen and sulfur applications. ...
Continue readingSoybeans were lower on fund and technical selling. Beans followed soybean products, while watching harvest activity in Argentina and Brazil. Old crop U.S. export sales were up on the week, but the pace remains the slowest in four years, during the tariff battle with China. Old crop sales were 17.9 million bushels, mainly to China…
Continue readingMay corn closed at $4.26 and 3/4, down 3 and 1/2 centsMay soybeans closed at $11.34 and 1/4, down 15 and 1/4 centsMay soybean meal closed at $338.00, down 70 centsMay soybean oil closed at 44.12, down 88 pointsMay wheat closed at $5.36 and 3/4, down 1/4 centJun. live cattle closed at $175.37, up 5…
Continue readingAt the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct business. Feeders had additional support from the lower move in corn. June live cattle closed $.05 higher at $175.37 and August live cattle closed $.75 higher at $173.52. May feeder cattle closed $2.27 higher at $242.55 and August feeder…
Continue readingA new bill in the U.S. House aims to protect the American food and agriculture supply chain from the influence of the Chinese Communist Party (CCP). Congresswoman Ashley Hinson says the Securing American Agriculture Act would protect farmers’ access to critical inputs that help them raise their crops and livestock. “In recent years, though, we’ve…
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