September 3, 2024

The Global Dairy Trade index fell slightly in Tuesday’s trading session.  Butter, whole milk powder, and lactose saw prices go down, while cheese, butter milk powder, skim milk powder, and anhydrous milk fat saw price gains. Butter milk powder was up 8.4% to $3,024 per metric ton, or $1.37 per pound. Skim milk powder was up […] The post Global Dairy Trade index down slightly Tuesday appeared first on Brownfield Ag News. View Full Story

Farmers now have a no cost way to learn their carbon intensity (CI) score. Peter Rousonelos, senior vice president of business development with Meristem Crop Performance, says the CI Estimator is a service to better educate farmers. “There are people that are charging saying that they’ll get you a carbon intensity store and what we […] The post Meristem launches free carbon intensity estimator appeared first on Brownfield Ag News. View Full Story

The USDA says that as of the week ending August 29th, U.S. corn, sorghum, soybean, and wheat export inspections were ahead of what’s needed to meet projections for the current respective marketing years. The 2024/25 marketing year kicked off June 1st for wheat, while 2023/24 got underway September 1st for beans, corn, and sorghum. The […] The post Solid week for export inspections appeared first on Brownfield Ag News. View Full Story

Illinois corn farmers are feeling the pinch of lower commodity prices. That’s why the Illinois Corn Marketing Board is focused on expanding corn demand. Farmers have seen commodity prices decline rapidly over the past year.  Rodney Weinzerl, executive director of the Illinois Corn Marketing Board, says near term projections aren’t promising. The post Sticking to the Profitability Playbook appeared first on Brownfield Ag News. View Full Story

Minnesota pig farmers are heading to Washington, D.C. to urge Congress to pass a farm bill. Lauren Servick with the Minnesota Pork Producers Association says this is a critical time. “Between now and the election there’s only about two work weeks out in D.C., so we’ve had a good August recess of connecting with our […] The post Pork producers to urge Congress to pass a farm bill appeared first on Brownfield Ag News. View Full Story

China is launching anti-dumping investigations into Canadian canola imports and a market analyst says the news has been weighing on U.S. soybean oil prices. Randy Martinson with Martinson Ag Risk Management in Fargo, North Dakota tells Brownfield “now the expectation is that Canada is going to bring most of their canola oil into the U.S. […] The post U.S. soybean oil market affected by Canada and China spat appeared first on Brownfield Ag News. View Full Story

A central-Missouri farmer says the August weather was good for the soybean crop. Nathan Alpers tells Brownfield rains were timely. “You want a state fair rain out and we got a rain then. Another inch of rain would be great to finish up some of the later soybeans. All of the beans are made, but […] The post August rains helped MO soybean crop appeared first on Brownfield Ag News. View Full Story

A farmer in eastern South Dakota says some farmers are waiting until harvest lows have passed in the grain markets this fall to sell old crop corn and soybeans. But Dave Ellens tells Brownfield the pre-harvest grain dump is likely coming soon. “I wouldn’t be surprised to see the ethanol plants to start see more […] The post Waiting until after harvest lows to sell old crop appeared first on Brownfield Ag News. View Full Story

The Inflation Reduction Act created two novel, federal carbon-intensity-based tax credits for biofuels known as the 45Z Clean Fuel Production Tax Credit and the 40B Sustainable Aviation Fuel Tax Credit. On this episode of Seeds of Success, an Iowa Soybean Association (ISA) director says farmers have the chance to claim credits but there are some […] The post 45Z Clean Fuel Production Credit appeared first on Brownfield Ag News. View Full Story