CME dairy prices mostly higher Monday

CME dairy prices mostly higher Monday

Cash dairy prices were mostly higher Monday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.5625.  No sales were recorded.  Forty-pound cheese blocks were up $0.0425 at $2.00.   Two sales were recorded at $1.99 and $2.00.  Cheese barrels were up $0.0850 at $2.09.  Two sales were recorded at $2.08 and $2.09.  Butter was…Continue Reading

New farm bill expected to be down to the wire

The president of Missouri Farm Bureau says he’s not losing optimism for a 2024 farm bill, but Garrett Hawkins says he’s expecting a farm bill to be down to the wire again. “We know we need an updated farm bill, but it’s a matter of when. Trying to fit it in amongst other competing priorities…Continue Reading

USDA cuts 2024 pork, turkey estimates

The USDA has trimmed its expectations for 2024 pork and turkey production, while raising projections for beef, broilers, and eggs. Beef production is seen at 26.736 billion pounds, up 81 million from July on larger steer, cow, and heifer slaughter numbers, with an average steer price of $188.11 per hundredweight, $.0125 higher, with increased imports,…Continue Reading

EPA senior advisor Rod Snyder steps down

The Senior Advisor for Agriculture to the Administrator of EPA is stepping down. Rod Snyder announced his resignation Monday, telling Agri-Pulse he does not have specific plans for his next career move.  House Agriculture Committee Ranking Member David Scott says for nearly two decades, Snyder has kept farmer voices at the table and been a…Continue Reading

USDA trims all wheat production estimate

The USDA made some modest adjustements to U.S. winter and spring wheat production projections. All wheat is seen at 1.982 billion bushels, a decline of 1% on the month, driven by changes in winter wheat with an increase in yield canceled out by a cut in harvested area, with all wheat now estimated at 37.94…Continue Reading

USDA increases 2024 corn, soybean crop outlooks

The USDA has raised its 2024 production outlooks for corn and soybeans. Corn is now projected at 15.147 billion bushels, up 47 million from July with the USDA projecting a record average yield of 183.1 bushels per acre while cutting planted and harvested area estimates by 1% each from last month to90.748 million and 82.71…Continue Reading

Wheat, soybean export inspections up on week

The USDA says U.S. grain and oilseed export inspections were mixed during the week ending August 8th. The 2024/25 marketing year got underway June 1st for wheat, while 2023/24 kicked off September 1st for corn, sorghum, and soybeans. The USDA’s next round of supply and demand estimates is out September 12th. Wheat came out at…Continue Reading

New “Illinois Grown” label debuts

The executive director of the Illinois Specialty Growers Association says a new “Illinois Grown” label is headed to market shelves. Reghala Scavuzzo tells Brownfield… “There’s always been a discussion we really want to highlight what’s been actually grown in Illinois.”  She says, “And so, the Illinois Department of Agriculture this week is launching the Illinois…Continue Reading

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