Cash dairy prices steady except cheese Tuesday

Cash dairy prices were steady-to-higher in light trading Tuesday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.62.  No sales were recorded.  Forty-pound cheese blocks were up $0.0375 at $1.90. Three sales were recorded, ranging from $1.88 to $1.90.  Cheese barrels were up $0.0150 at $1.8050.  No sales were recorded,   Butter was unchanged…… Continue Reading

China targets ag equipment in retaliatory measures

China is planning to implement new tariffs on agricultural equipment next week as part of its retaliation to new U.S. duties. Chinese leaders say President Trump’s tariffs violate World Trade Organization rules and they will be challenging them. On Tuesday, the country also announced tariffs on liquified natural gas, coal, certain types of vehicles, and…… Continue Reading

Some tariffs on hold, but concern remains

President Trump’s proposed tariffs on Mexico and Canada are on hold, but there is still concern about what happens if the tariffs become a reality.  Mike Steenhoek with the Soy Transportation Coalition tells Brownfield when countries retaliate, farmers usually feel it first. “Agricultural products are very frequently the first item on the list that they…… Continue Reading

Tax discussion will affect ag

The senior director of government affairs with Invariant says several provisions of the Tax Cuts & Jobs Act of 2017 are set to expire this year. Danielle Beck tells Brownfield many of them affect agriculture. “Reducing the pass-through tax rates and expanding those brackets.”  She says, “If that’s not extended, we’re going to see higher…… Continue Reading

Volatile start to 2025

It’s been a volatile first month of the year for grain markets. Shane Holtorf with Iowa-based Logic Ag Marketing says 2024 ended quietly. “Not much volatility in the markets, you were able to buy options (contracts) pretty cheap. We’ve seen those start to explode in prices as the volatility has come back into play.” He…… Continue Reading

Rollins gets unanimous support from Ag Committee

President Trump’s nominee for Agriculture Secretary received unanimous support from the Senate Ag Committee.  All 23 committee members voted to approve Brooke Rollins to lead the USDA. During her nomination hearing last week, Rollins told the Ag Committee her top priorities are to ensure disaster and economic aid recently approved by Congress is deployed quickly…… Continue Reading

Being proactive against H5N1

Photo contributed by Mike King, Ohio Pork. The U.S pork industry is taking steps to protect against highly pathogenic avian influenza. The director of animal health with the National Pork Producers Council Anna Forseth says the industry has created a guidance response plan. “We’re focused on a lot of different aspects of a response, from surveillance to biosecurity…… Continue Reading

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