At the Chicago Mercantile Exchange, live cattle futures closed with modest gains on short covering and support from the higher cash trade. Feeder cattle futures were higher on the same factors. August live cattle closed $.25 higher at $107.87 and October live cattle closed $.35 higher at $109.32. August feeder cattle closed $.27 higher at …
Category: Ag News
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Jul 11
Wheat leads on USDA supply, demand changes
Soybeans were modestly higher on short covering and technical buying. The USDA lowered production and yield but that’s using June’s acreage numbers as they resurvey producers for the August report. New crop U.S. and world ending stocks were both down on the month, mainly tied to the U.S. production adjustment, with minimal changes to the …
Jul 11
Cell-cultured meat developer predicts product on market within three years
Brian Spears, co-founder and CEO of New Age Meats A developer of cell-cultured meat says they plan to have product ready for market within three years. San Francisco-based New Age Meats is already producing pork sausage in a lab and plans to develop a whole line of cell-cultured meat products. Company co-founder Brian Spears believes …
Jul 11
USDA raises 2019 winter wheat crop projection
The USDA has increased its 2019 winter wheat production estimate because of better than expected yields. The USDA has the crop at 1.291 billion bushels, up 1% from June and 9% above 2018’s total of 1.184 billion, with an average yield of 51.8 bushels per acre, compared to 50.5 a month ago and 47.9 a …
Jul 11
Beck’s adds research facility in Minnesota
Indiana-based Beck’s, the nation’s largest family-owned seed company, has established its first official location in Minnesota. The company began serving farmers in Minnesota in 2018. Beck’s president Scott Beck says the 44,000 square-foot facility, located in Olivia, Minnesota, shows their commitment to farmers and dealers in Minnesota, northern Iowa, and South Dakota. The Olivia corn-breeding …
Jul 11
Pork producers expected to make a profit in ’19, ’20
A Purdue University ag economist projects margins for pork producers to improve this year. Chris Hurt says pork prices increased after the first quarter. “We went form about $12 a head of loss, on my estimate last year, $12 dollars of loss; to what looks like would be a little bit of profit or maybe …
Jul 11
Summer is the season for wild berries
One of the most popular wild berries is the blackberry. But you can also enjoy mulberries and gooseberries. All are healthy foods. MDC – Wild Fruits of Summer Healthy Living ~ Wild berries Continue reading Summer is the season for wild berries at Brownfield Ag News.
Jul 11
Soybean disease pressure intensifying
AJ Woodyard with BASF says it’s not surprising diseases are emerging in soybean fields, given the high moisture and cool temperatures. In particular, he’s seeing brown spot earlier than normal and some foliar diseases that could cause problems later in the season. Plus, there’s the threat of white mold and frogeye leaf spot. Continue reading …
Jul 10
Fungicide timing ‘critical’ for disease prevention
Late planting has heightened concerns about fungicide application. University of Missouri plant pathologist Kaitlyn Bissonette tells Brownfield seed treatments have been forced to last longer than usual causing crops to be more disease prone. “Seed treatments hold up about 21 to 30 days and especially with these heavy rains that we’ve been having that 30 …
Jul 10
2019 prevented planting claims likely to be a record
Prevented planting insurance claims could set a record this year. Gary Schnitkey at the University of Illinois says prevented planting claims on eight million acres of corn, three million acres of soybeans and other crops could be nearly $3.6 billion. The previous record of almost $2.2 billion was in 2011. Schnitkey bases his estimate on …