Grain Spreads: Funds Record Short Soymeal
New Crop Meal Examined
Cattle Neutral and Feeders Higher in Front of Cattle on Feed Report, Hogs Trade Lower
Cattle Markets drift in front of Cattle on Feed, while Hogs work lower
Walz signs Minnesota Ag Omnibus Bill into law
Minnesota Governor Tim Walz has signed the Ag Omnibus Bill into law. The legislation funds the Department of Agriculture, Board of Animal Health, and the Agricultural Utilization Research Institute. Minnesota Farmers Union vice president Anne Schwagerl says legislators were able to come together during a unique session. “In a time...
Central Wisconsin grower pleased with first crop alfalfa
Weather has prompted a central Wisconsin dairy farmer to park the planter and harvest first-crop alfalfa. T.J. Draeger raises corn, soybeans, and alfalfa near Marathon City. He tells Brownfield the frequent rains have made his alfalfa look fantastic. “We had good carryover from last year so it gave us the...
How Delta’s prevent plant scenario affects U.S. production
A market analyst says widespread prevent plant in the Delta will affect U.S. crop production, but it won’t likely be a major grain market mover. Jody Lawerence with RCM Alternatives says it’s hard to quantify exactly how many acres of prevent plant there are in the Delta, but… “What we...
Soybeans, corn see profit taking, planting pressure
Soybeans were lower on profit taking and technical selling, while ending the week higher. Near-term weather forecasts for planting and emergence generally look favorable. Some rain is probable this weekend, but at least as of Friday afternoon, severe potential seemed to be limited in most areas. The USDA’s weekly crop...
The U.S. potato industry wants a trade deal
The CEO of the National Potato Council says he’s optimistic trade discussions between the U.S. and Japan will benefit U.S. potato growers. Kam Quarles tells Brownfield the potato industry has been trying to get fresh potato market access into Japan for many years. “The opportunity is estimated at $150 million...
Crops avoid frost and snow damage
A farmer in northeast South Dakota says recent rains and cool temperatures have delayed some planting progress. “In fact, we had to cross our fingers and toes to avoid frost damage and even snow.” DuWayne Bosse says north of his farm there was a trace of snow this week, but...
Planting delays continue in central Missouri
A farmer in central Missouri says he would like a few dry and warm days to finish planting corn. “I like to have corn planted by May 15 if we possibly can.” Jay Fischer, who farms in Callaway County, says he didn’t meet that goal this year as persistent rains...