Bleak outlook for corn and soybean prices through harvest

A market analyst sees a bleak outlook for corn and soybean prices going into harvest. Jamey Kohake with Paragon Investments says a record crop is waiting to come online. “Saw big numbers from Pro Farmer (and) it looks like pretty much anywhere but southern Minnesota does have a very good crop.” Speaking to Brownfield at…… Continue Reading

Growth in farmland values is slowing

 A senior economist at the Federal Reserve Bank of Kansas City says growth in farmland values has slowed. Cortney Cowley tells Brownfield… “That means that you could buy a treasury bond or or invest in a lower risk entity and make more money on it than buying farmland,” she says. She says it may only…… Continue Reading

Beck’s Hybrids expects good seed supply for ‘25

The central region business manager for Beck’s Hybrids says the company expects adequate seed supplies for 2025. Clint Prange tells Brownfield… “Seed production looks very good right now.”  He says, “We even ramped up production that much more coming off of last year because we had such high demand to make sure that we have…… Continue Reading

CME cash dairy prices steady to higher Friday

CME cash dairy prices steady to higher Friday

Cash dairy prices were steady-to-higher entering the holiday Friday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.56.  Two sales were recorded at that price.  Forty-pound cheese blocks were up $0.1350 at $2.21.   Three sales were recorded, ranging from $2.19 to $2.21.  Cheese barrels were up $0.0875 at $2.26.  Two sales were recorded…… Continue Reading

First field trial for H5N1 cattle vaccine authorized

Ag Secretary Tom Vilsack says the USDA will allow field safety trials of H5N1 vaccines in dairy cattle.  Vilsack says he doesn’t expect the trials to disrupt trade. “The expectation is that there won’t be quite the level of concern as there is in poultry and the reason being that dairy cows and cattle generally…… Continue Reading

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