Cheese down, butter up as cash dairy prices end week mixed

Cash dairy prices were mixed Friday at the Chicago Mercantile Exchange.    Dry whey was up $0.0050 at $0.6350.  Two sales were recorded at $0.62 and $0.6350.  Forty-pound cheese blocks were down $0.06 at $1.70.  One sale was recorded at that price.  Cheese barrels were down $0.03 at $1.71.  No sales were recorded.  Butter prices were…Continue Reading

Corn rootworm marching on in southwest Minnesota

Corn rootworm continues to be a problem for southwest Minnesota farmer Joel Schreurs. “We rotate (crops), and that’s what we’ve been doing rotating every other year and then adding more SmartStax corn to that farm. But this coming year we’re going to have to with full-traited corn because it just keeps moving across the farm.”…Continue Reading

Cargill and Tyson settle price-fixing lawsuit, deny wrongdoing

Cargill and Tyson Foods have agreed to a settlement in a federal lawsuit that alleges the two companies inflated U.S. beef prices. Court records show Cargill and Tyson will pay a combined $87.5 million. The lawsuit was initially filed by beef consumers who claimed the two giant meatpackers colluded to inflate prices by limiting U.S.…Continue Reading

From B2 to B20: Minnesota’s biodiesel journey celebrates two decades

The Minnesota Soybean Growers Association recently celebrated the 20th anniversary of the state biodiesel law. Bob Worth, who farms in southwest Minnesota, was president of the Association when the blending mandate went into effect in 2005. “Twenty years ago we implemented the B2 mandate, which means that all diesel in the state of Minnesota had…Continue Reading

K-State economist says Argentina aid many not hurt U.S. farmers

An economist says the ag industry shouldn’t overreact to Argentina’s aid package. Guy Allen, senior economist at the International Grains Program with Kansas State University says the assistance isn’t likely to have major impacts on U.S. producers. “It actually provides for a more orderly marketing situation. I would suggest for the long run, it probably…Continue Reading

Cover crop adoption remains strong despite economic uncertainty

An ag economist says cover crop adoption remains strong despite economic uncertainty. Michael Langemeier says the latest Purdue University/CME Group Ag Economy Barometer shows survey respondents are using an average of 42 percent of their acres for cover crops. “There’s still quite a few producers that are just starting cover crops with less than five…Continue Reading

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