The U.S. Ag Secretary says the U.S. Treasury’s guidance for the modeling used to measure transportation emissions for sustainable aviation fuel is expected out this week. Secretary Tom Vilsack tells Brownfield on Tuesday GREET modeling details will help clear the air on how farmers can benefit from sustainable aviation fuel production tax credits. “That’s why… ... Continue Reading

Milk futures were lower and cash dairy prices were mixed Friday on the Chicago Mercantile Exchange. 

May Class III milk was down $0.18 at $18.00.  June was down $0.14 at $18.06.  July was down $0.13 at $18.38. August was down $0.19 at $18.58.    

September through November contracts ranged from fourteen cents lower in September to one cent higher in November.     

Dry whey was unchanged at $0.3825.  No sales were recorded. 

Forty-pound cheese blocks were up $0.01 at $1.75.  One sale was recorded at that price. 

Cheese barrels were up $0.0025 at $1.7725.  Two sales were recorded at that $1.77 and $1.7725. 

Butter was up $0.0025 at $2.97.  Thirteen sales were recorded, ranging from $2.9525 to $2.97. 

Nonfat dry milk was down $0.0050 at $1.11.  Two sales were recorded at $1.11 and $1.1150. 

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USDA’s Animal and Plant Health Inspection Service issued additional guidance for interstate movement of lactating dairy cows Friday. Wisconsin State Veterinarian Dr. Darlene Konkle tells Brownfield says Friday’s update provides more clarity about required H5N1 virus testing for Wednesday’s federal order restricting the interstate transport of milk cows, including the cost to farmers. “USDA will… ... Continue Reading

Soybeans slipped the market continued to watch harvest progress in South America.  Brazil is nearing completion, while Argentina’s harvest is around 25 percent complete due to wet conditions. More rain is expected in the coming week.  While some farmers did make planting progress this week, more rain moved in causing some planting delays and adding… ... Continue Reading

A new report on cybersecurity sheds light on potential threats to the food and ag sectors. Jonathan Braley with the Food and Agriculture Information Sharing and Analysis Center says by tracking ransomware incidents in 2023 they learned most attacks were opportunistic. “We might see food and agriculture companies hit by a certain group multiple times… ... Continue Reading

May corn closed at $4.40, down 1 centMay soybeans closed at $11.59 and 1/2, down 3 and 1/4 centsMay soybean meal closed at $340.00, down $3.90May soybean oil closed at 44.93, up 11 pointsMay wheat closed at $6.03 and 1/4, up 1 centJun. live cattle closed at $178.57, up $.77May feeder cattle closed at $248.70,… ... Continue Reading

More changes are coming to agricultural and industrial equipment maker CNH Industrial.  The parent company of Case and New Holland brands announced CEO Scott Wine has decided to leave the company to pursue other interests.  Gerrit Marx from Iveco Group has been named to replace Wine on July 1st.  Marx is familiar with the company… ... Continue Reading

Cheese, butter, and whey production went up in 2023 as frozen dairy and milk powder production went down. USDA’s annual Dairy Products Summary shows total cheese production rose nine-tenths of a percent over 2022 to 14.2 billion pounds.  Production of Italian cheese varieties fells eight-tenths of a percent to 5.85 billion pounds while American type… ... Continue Reading

A northeast Iowa farmer finished soybean planting in record time. Tyler Carlson of St. Olaf says conditions have been excellent this spring. “We did finish up soybeans (Thursday) night, which is an all-time record for us. I don’t know if that’s good or bad, but we got them in the ground (and) they all look… ... Continue Reading

Farmers are encouraged to watch their borrowing as the likelihood of interest rate reductions in 2024 becomes less likely. CoBank grains and oilseeds economist Tanner Ehmke says the Federal Reserve planned multiple rate cuts for this year, but inflation isn’t letting up. “The Federal Reserve had to walk it back here recently and say ‘ya… ... Continue Reading