BASF investing in on-the-farm R&D

BASF was back in full force at the 2024 Farm Progress Show, showcasing the fruits of two hundred and fifty thousand acres of research plots. Brady Spangenberg, Director of Marketing for Crop Protection tells Brownfield BASF is investing its research and development (R&D) dollars in the places the crops are grown. BASF is introducing new…Continue Reading

CME cash dairy markets closed higher Friday

Cash dairy prices were all higher Friday on the Chicago Mercantile Exchange.  Dry whey was up $0.02 at $0.5875.  Three sales were recorded, ranging from $0.5850 to $0.59.  Forty-pound cheese blocks were up $0.04 at $2.27.   Five sales were recorded, ranging from $2.23 to $2.27.  Cheese barrels were up $0.0250 at $2.2750.  Two sales were…Continue Reading

New crop corn, soybean export sales extend solid run

New crop corn and soybean export sales continued their hot streak during the week ending August 29th. The USDA says new crop corn saw a solid improvement with nearly half of the week’s total purchased by Mexico, and even though new crop soybeans were below a week ago, they still reflect solid interest from China.…Continue Reading

Farmers seeing elevated costs of phosphate fertilizers

The president of the Illinois Fertilizer & Chemical Association says farmers are seeing some fertilizer prices stay elevated. Kevin Johnson tells Brownfield… “My biggest worry if there’s anything is on the phosphates.”  He says, “Those prices have stayed a little higher. I don’t see a pullback on that.” He says it’s due to tight global…Continue Reading

A good month for U.S. beef and pork exports

July was another strong month for U.S. red meat exports. Dan Halstrom, president and CEO of the U.S Meat Export Federation, says exports of beef were up in both volume and value. “Mexico continues to be very strong, but for the first time in quite a while, we’ve seen a bit of a spark out…Continue Reading

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