CME cash dairy market steady to higher Tuesday

Cash dairy prices were steady to higher Tuesday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.5650.  Two sales were reported at that price.  Forty-pound cheese blocks were unchanged at $2.14.   No sales were recorded.  Cheese barrels were unchanged at $2.25.  No sales were recorded.  Butter was up $0.0225 at $3.1975.  Thirteen sales…Continue Reading

Active summer land sale season a surprise

The vice president of an Illinois-based farmland brokerage says land values are holding steady at near record levels in a surprisingly active market. Elizabeth Strom, with Murray Wise & Associates, tells Brownfield… “It’s been a really interesting summer.”  She says, “There’s actually been more auctions than we typically have seen, but they seem to be…Continue Reading

Historic Ohio drought has intensified, what next?

Ohio State’s climatologist says drought conditions are impacting crop performance. Aaron Wilson tells Brownfield… “A lot of the impacts that we’re hearing across Southeast Ohio are poorly filling soybean pods, for instance, very short corn to a lot of feedback firing impacts to the corn,” he says. “That could cause a lot more pasture land…Continue Reading

PTI research shows high yield management brings consistent profitability

The lead commercial agronomist with Precision Planting says managing for high yields is the best way to increase farm profitability. Jason Webster says their research conducted at the PTI farm, outside of Pontiac, Illinois, has been consistent. “My high yield corn and soybeans are in my top three every single year.”  He says, “We’re moving…Continue Reading

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