October 4, 2024

Kazakhstan dairy farmer grows with American technology

A dairy farmer from Kazakhstan works to improve production with western technology.  Damir Abitayev  has about two thousand dairy cattle, with 570 cows currently milking.  Abitayev says he’s been able to increase milk production to six times what it was twelve years ago. “Now, we’ve got to the peak of 37 liters per cow which […] The post Kazakhstan dairy farmer grows with American technology appeared first on Brownfield Ag News. View Full Story

Bonnie: Hurricane Helene’s ag impact is big

The USDA’s Under Secretary for Farm Production and Conservation says it will be months before the full impact of Hurricane Helene is known. Robert Bonnie tells Brownfield numbers are expected to be big. “We can tell you within the path of this storm the amount of liability and Risk Management Agency coverage we have, it’s […] The post Bonnie: Hurricane Helene’s ag impact is big appeared first on Brownfield Ag News. View Full Story

A short port strike, long impact

An economist says a short port strike can have lasting impacts on U.S. agriculture. “It’s really easy to lose a market or customer and difficult to gain them back.” Erin Borror with the U.S. Meat Export Federation tells Brownfield competitors like Brazil have likely gotten some new business due to the uncertainty with the U.S. […] The post A short port strike, long impact appeared first on Brownfield Ag News. View Full Story

Delay possible for EU anti-deforestation law

The European Commission wants to delay an anti-deforestation law by one year, but a market specialist says it’s unclear how soon that might happen. Rosalind Leeck, the executive director of market access and strategy with the U.S. Soybean Export Council, says the EU’s deforestation free supply chain regulation means the EU won’t buy certain commodities, […] The post Delay possible for EU anti-deforestation law appeared first on Brownfield Ag News. View Full Story

China’s dairy production changes export opportunities

A dairy market analyst says the global marketing picture is changing faster than many people expected.  Mary Ledman with RaboResearch tells Brownfield the increased dairy self-sufficiency of China is having a domino effect on world export markets. “It was about 2018-2019, kind of their equivalent to the farm bill supported the growth of the dairy […] The post China’s dairy production changes export opportunities appeared first on Brownfield Ag News. View Full Story

Crops drying down fast in north Iowa

North central Iowa farmer Stu Swanson finished harvesting soybeans this week. “Soybeans dried down very rapidly and now as we’ve moved into corn we’re finding that also dried down rapidly.” The Wright County farmer tells Brownfield soybean yields were good. “Not great. I think the end of the season dryness that we had here in […] The post Crops drying down fast in north Iowa appeared first on Brownfield Ag News. View Full Story

Cattle futures higher to finish the week

At the Chicago Mercantile Exchange, live and feeder cattle were higher, with boxed beef up at midday, watching direct trade develop.  Feeders had additional support from the lower move in corn. December live cattle closed $.60 higher at $187 and February lives closed $.20 higher at $187.95.  November feeder cattle closed $1.15 higher at $249.27 […] The post Cattle futures higher to finish the week appeared first on Brownfield Ag News. View Full Story

Closing Grain and Livestock Futures: October 4, 2024

Dec. corn closed at $4.24 and 3/4, down 3 and 1/2 centsNov. soybeans closed at $10.37 and 3/4, down 8 and 1/4 centsDec. soybean meal closed at $330.50, down $2.00Dec. soybean oil closed at 43.97, down 56 pointsDec. wheat closed at $5.89 and 3/4, down 13 and 3/4 centsDec. live cattle closed at $187.00, up […] The post Closing Grain and Livestock Futures: October 4, 2024 appeared first on Brownfield Ag News. View Full Story

Soybeans, corn, wheat end week on a down note

Soybeans were lower on fund and technical selling, adding to what would have already been a lower weekly finish. Soybeans continue to monitor U.S. harvest activity and yield results, along with the planting conditions in Argentina and Brazil. China bought 116,000 tons of new crop U.S. soybeans ahead of the open, despite being on holiday […] The post Soybeans, corn, wheat end week on a down note appeared first on Brownfield Ag News. View Full Story