The chairman of the Michigan Corn Growers Association says record corn and soybean yields will challenge profitability this season. Matt Frostic tells Brownfield, “That does contribute to a higher basis on corn and lower prices overall.” “That’s certainly a battle we’ve got to walk through this year. It’s nice to have the volumes, but obviously…… Continue Reading
The Global Dairy Trade index fell by three-tenths of a percent Tuesday. Price gains in the Cheddar cheese and anhydrous milk fat markets nearly made up for losses in the butter, Mozzarella cheese, lactose, and skim milk powder markets. Cheddar cheese was up 4.2% to $4,702 per metric ton, or $2.13 per pound. Anhydrous milk…… Continue Reading