July 25, 2024

Less cheese in cold storage

USDA says there’s less cheese in cold storage. Natural cheese stocks as of June 30th were down 1% from May and 6% below June of 2023.  American style cheeses in storage totaled 804.8 million pounds on June 30th compared to 853.4 million pounds in 2023.  Swiss style cheese totaled 21.9 million pounds at the end […] The post Less cheese in cold storage appeared first on Brownfield Ag News. View Full Story

Soybeans, corn end session higher on weather concerns

Soybeans were higher on short covering and technical buying. Medium-range forecasts continue to look hot and dry for most of the region, potentially stressing beans, especially if the conditions persist into mid-August, as expected. August is generally the critical month for U.S. soybean development. Unknown destinations bought 264,000 tons of new crop U.S. beans, the […] The post Soybeans, corn end session higher on weather concerns appeared first on Brownfield Ag News. View Full Story

Whitmer veto’s E-15 tax incentive

Michigan’s Governor Gretchen Whitmer has vetoed incentives in the state’s budget to expand E-15 adoption. Executive director of the Michigan Corn Growers Association Jim Zook tells Brownfield farmers are extremely disappointed. “This was minor help compared to the EV’s,” he says. “It sure is a slap in the face of the farmer when we need […] The post Whitmer veto’s E-15 tax incentive appeared first on Brownfield Ag News. View Full Story

June poultry production down on year

4.182 billion pounds of poultry were certified wholesome in June 2024. The USDA says that was 7% less than June 2023, including 3.764 billion pounds of chicken, 6% lower than the previous year, and 408.781 million pounds of turkey, a decline of 17%. Those year over year decreases for chicken and turkey production followed lower […] The post June poultry production down on year appeared first on Brownfield Ag News. View Full Story

Cattle futures supported by higher boxed beef

At the Chicago Mercantile Exchange, live and feeder cattle were up ahead of widespread direct cash business and higher boxed beef during the session. August live cattle closed $2.00 higher at $188.90 and October lives closed $2.32 higher at $188.60.  August feeder cattle closed $1.50 higher at $258.62 and September feeders closed $1.20 higher at […] The post Cattle futures supported by higher boxed beef appeared first on Brownfield Ag News. View Full Story

Red meat production dips during June

Commercial U.S. red meat production was down 6% from June 2023 to June 2024. The USDA says that year-to-year decline in production to 4.268 billion pounds was with a 9% drop in beef and a 4% decrease for pork as slower slaughter paces more than canceled out higher average live weights. Beef totaled 2.136 billion […] The post Red meat production dips during June appeared first on Brownfield Ag News. View Full Story

Red meat, poultry stocks tighten

U.S. red meat and poultry stocks in cold storage declined during June. The USDA says the red meat total of 905.59 million pounds was 2% lower than last year, with beef down slightly and pork falling 3%. That’s in comparison to larger year-to-year decreases in beef and pork production, implying at least some slowdown in […] The post Red meat, poultry stocks tighten appeared first on Brownfield Ag News. View Full Story

Closing Grain and Livestock Futures: July 25, 2024

Sep. corn closed at $4.06, up 2 and 1/4 centsAug. soybeans closed at $11.16, up 5 centsAug. soybean meal closed at $352.40, up $9.00Aug. soybean oil closed at 45.81, down 21 pointsSep. wheat closed at $5.37 and 3/4, down 9 and 1/4 centsAug. live cattle closed at $188.90, up $2.00Aug. feeder cattle closed at $258.62, […] The post Closing Grain and Livestock Futures: July 25, 2024 appeared first on Brownfield Ag News. View Full Story

Bayer announces campaign to fight rural hunger

The president of global vegetable seeds at Bayer Crop Science says the company’s Take Care, Now campaign is raising awareness about food insecurity across rural America.  Inci (Ingi) Dannenberg says 44 million Americans are food insecure.  “Beyond the calories and the consumption of food, there’s also nutrients and nutritional value, and that we get from food intake,” […] The post Bayer announces campaign to fight rural hunger appeared first on Brownfield Ag News. View Full Story

To spray fungicide, or to not spray fungicide

A southern Illinois farmer says deciding if he should spray fungicide this summer has been a challenge. Matt Rush, who farms in Wayne County, tells Brownfield he’s concerned about his corn crop. “You know the economics of putting fungicide on $4.00 corn is a tough decision.”  He says, “They’re starting to see a little tar […] The post To spray fungicide, or to not spray fungicide appeared first on Brownfield Ag News. View Full Story