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Ag Economy Barometer takes a nosedive in August

Farmer sentiment decreased drastically in the latest Purdue University/CME Group Ag Economy Barometer. Jim Mintert with Purdue’s Center for Commerical Agriculture says the August reading is the lowest for the survey since late 2016. “The ag economy barometer index fell 13 points to a...

Wisconsin farmer expects good, not great harvest

A western Wisconsin farmer is expecting a good harvest, but not a record-breaker. James Giese tells Brownfield, “I’ll just have a little bit bigger drying bill than normal and maybe a little lighter test weight corn.” Giese says 2024 has been a challenging year...

Climatologist not concerned about an early freeze

A climatologist says some farmers have been concerned about the possibility of an early freeze and its impact on corn and soybeans. Dennis Todey, director of USDA’s Midwest Climate Hub, says he’s been talking with growers who faced planting delays or had to re-plant....

Illinois Corn Marketing Board sees promise in ethanol exports

The executive director of the Illinois Corn Marketing Board says growing ethanol exports helps increase corn demand. Rodney Weinzerl says their group is focused on several emerging ethanol markets. “We think the Japanese market is going to continue to grow.”  He says, “The Philippines...

High input costs causing farmers to seek solutions on fertilizer

Farmers continue to battle high input costs. Craig Dick, with Phospholutions, tells Brownfield the current price situation for phosphorus is as bad as it’s ever been. “China has curtailed exports, Brazil isn’t really producing. We have the countervailing duties reducing imports of phosphate fertilizers into the...

2023 corn for ethanol use up from 2022

5.3 billion bushels of corn were used for ethanol production in 2023. The USDA says that was an increase of 2% from 2022, with production supported by generally solid processing margins and demand expectations, both domestically and globally. Production of distillers dried grains with...

Corn grind, soybean crush both solid during July

Corn demand for ethanol use continues to be strong, while crush demand remains a bright spot for soybeans. The USDA says 473.504 million bushels of corn were used for fuel alcohol production in July 2024, up 6% from June and 4% from July 2023,...

Corn stunt disease identified in Kansas

The first known case of corn stunt disease has been identified in Kansas. Plant pathologists and entomologists at Kansas State University say the disease and associated symptoms has been identified in field corn in Edwards, Pratt, Sedgwick and Stafford counties and sweet corn in...

Spring wheat crop insurance usage up

The crop agency manager with Country Financial says the number of farmers protecting their spring wheat acres with crop insurance is increasing. Doug Yoder tells Brownfield nearly 80% of Illinois wheat acres are protected. “Roughly about the southern third of Illinois, those counties automatically...

Cash dairy prices mostly higher Tuesday

Cash dairy prices were higher except for butter Tuesday on the Chicago Mercantile Exchange.  Dry whey was up $0.01 at $0.57.  One sale was recorded at that price.  Forty-pound cheese blocks were up $0.0050 at $2.2150.   One sale was recorded at that price.  Cheese...

Grassley critical of EPA draft Insecticide Strategy

U.S. Senator Chuck Grassley is echoing concerns of ag stakeholders that have submitted public comments critical of EPA’s draft Insecticide Strategy. The Iowa Republican says those groups are urging EPA to redo its practice for pesticides. “They also asserted the EPA was overregulating by...

Global Dairy Trade index down slightly Tuesday

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...
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