Dec. corn $4.41 and 1/2, up 6 and 1/4 centsJan. soybeans $11.47, up 13 and 1/4 centsDec. soybean meal $328.40, up $7.40Dec. soybean oil 50.25, down 37 pointsDec. Chicago wheat $5.35 and 3/4, down 1/4 centDec. live cattle $219.00, down $6.27Jan. feeder cattle $318.45, down $9.02Dec. lean hogs $78.07, down $2.55Dec. Class III milk closed…… Continue Reading
Soybeans and corn up, wheat mixed ahead of USDA, CONAB reports
Soybeans were higher on short covering and technical buying. The trade continued to get ready for Friday’s numbers from the USDA and CONAB. The USDA is expected to lower U.S. yield and production numbers at least somewhat, while CONAB will likely project a record soybean crop for Brazil. The USDA has reopened and will be…… Continue Reading
USMCA review seen as key opportunity to strengthen North American trade
Some experts says the upcoming review of the US-Mexico-Canada Agreement is an opportunity to strengthen the agreement. Ted McKinney, CEO of the National Association of State Departments of Agriculture, and former under secretary of agriculture for trade and foreign agricultural affairs, says the USMCA is the best free trade agreement in the world. “Bar none,”…… Continue Reading
Bovine TB detected in Michigan
A second case of bovine tuberculosis has been confirmed in a northern Michigan beef herd this year. The Michigan Department of Agriculture and Rural Development says the disease was detected as part of routine annual testing in Presque Isle County, which is north of Michigan’s Modified Accredited Zone (MAZ). It’s the 84th Michigan herd to become infected since…… Continue Reading
U.S. ethanol production pulls back from record levels as margins narrow
U.S. ethanol production backed off from the prior week’s all-time high. The U.S. Energy Information Administration says production averaged 1.075 million barrels per day, a decline of 48,000 on the week and 38,000 on the year. Iowa State University’s Center for Agricultural and Rural Development says the estimated operating margin for the average Iowa plant…… Continue Reading
Dairy farmers rewarded for emission improvements through EmPower+
Dairy farmers will be rewarded for their voluntary carbon reduction efforts as part of a new program with Edge Dairy Farmer Cooperative. Jen Block, director of value chain partnerships, tells Brownfield the EmPower+ program gives farmers the tools and metrics they need to verify environmental improvements. “We know dairy farmers have been improving efficiency and sustainability…… Continue Reading
Farm machinery interest at an all-time high, continues to squeeze profit margins
An ag economist says tighter margins have made it more difficult for farmers to pay off equipment debt. David Widmar with Agricultural Economic Insights says farm machinery interest rates have hit an all-time high. “Almost $160 of interest expense is going to be accumulated over the life of a $1,000 worth of farm machinery debt,” he says. “If…… Continue Reading
New cases of HPAI confirmed in northern Indiana, brings total to more than 450,000 birds impacted
Highly Pathogenic Avian Influenza continues to impact commercial poultry facilities in northern Indiana. The Indiana State Board of Animal Health says the latest cases have been confirmed in five commercial egg layer operations in LaGrange and Elkhart counties and a commercial meat duck facility in LaGrange County. In total, more than 138,000 birds have been depopulated. A 6.2-mile…… Continue Reading
Carrie Underwood’s Gown Displayed at Christian + Gospel Museum
Carrie Underwood’s faith shines brightly, but it’s her iconic gown that’s grabbing attention at Nashville’s newest music museum. What a statement piece! Continue reading…… Continue Reading
Illinois hemp growers say federal hemp ban delivers shock to CBD industry
A pair of Illinois hemp growers say the federal government’s move to redefine hemp and outlaw beneficial products like CBD is a shock. Stacy McCaskill, founder of Hempstock Pharms in northeastern Illinois, tells Brownfield that President Trump’s September social media post touting the benefits of CBD was a high point for the industry. “It said…… Continue Reading
