COW97 Ag News from Brownfield
Brownfield Ag Weather Today
Fri, 17 Jan 2020 11:37:37 +0000

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Very cold air in place across portions of the southern and eastern Plains and the Midwest will set the stage for a winter storm. Wintry precipitation will quickly spread northeastward into the western, central and southern Corn Belt Friday, and across the Great Lakes and Northeastern States on Saturday. In the lower Midwest, as much as 1 to 2 inches of precipitation could aggravate the flood situation. In addition, a weekend blast of cold air will engulf most areas east of the Rockies.

Continue reading Brownfield Ag Weather Today at Brownfield Ag News.

     
Milk futures higher, cash dairy mixed
Thu, 16 Jan 2020 22:09:08 +0000
Milk futures higher, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed higher again Thursday again supported by trade optimism brought with the passage of the USMCA.

January Class III milk unchanged at $16.99. 
February up 22 cents at $17.30.  March 16
cents higher at $17.58.  April up eight
cents at $17.50.  May through August
contracts one to six cents higher.

Dry whey down $0.0025 at $0.3625. 

Blocks up $0.0525 at $1.94. 

Barrels up $0.0450 at $1.53.  Nine trades were made at $1.4950 and $1.53. 

Butter down $0.01 at $1.8975.  One trade was made at that price. 

Nonfat dry milk up $0.0025 at $1.2850. 
Four trades were made at $1.2850 and $1.2875.

Continue reading Milk futures higher, cash dairy mixed at Brownfield Ag News.

     
Dairy groups excited for USMCA & enforcement
Thu, 16 Jan 2020 22:03:32 +0000
Dairy groups excited for USMCA & enforcement

Dairy groups are thankful for Congress passing the USMCA and
will be carefully watching how it’s enforced.

The National Milk Producers Federation and U.S. Dairy Export
Council say there are sizable accomplishments secured on dairy in the agreement
and full compliance is essential for more fair trade with Canada and to protect
American-made cheeses in Mexico. 

USDEC President Tom Vilsack tells Brownfield they will be closely monitoring how Canada is upholding the agreement.

Continue reading Dairy groups excited for USMCA & enforcement at Brownfield Ag News.

     
Hog futures lower on profit-taking
Thu, 16 Jan 2020 22:03:24 +0000
Hog futures lower on profit-taking

At the Chicago Mercantile Exchange, live cattle closed lower, pressured by this week’s lower cash trade.  Feeder cattle were lower on the same factors.  February live cattle closed $.47 lower at $126.12 and April live cattle closed $1.07 lower at $126.42.  January feeder were unchanged at $145.42 and March feeder closed $.35 lower at $144.82. 

A light to moderate direct cash cattle trade developed on Thursday.  Live deals in the South were at $123 to $124, mostly at $124, fully steady with last week’s averages. 

Continue reading Hog futures lower on profit-taking at Brownfield Ag News.

     
Michigan ag poised to benefit from USMCA
Thu, 16 Jan 2020 21:41:39 +0000
Michigan ag poised to benefit from USMCA

Michigan ag groups are celebrating the Senate’s passage of
the USMCA and the state’s senators who voted for it.

The Michigan Farm Bureau says farmers need export
opportunities and the agreement modernizes and expands potential with the
nation’s two closest neighbors.

Jamie Zmitko Somers focuses on international marketing with the Michigan Department of Agriculture.  She tells Brownfield the signing of the agreement will clear up market uncertainty for many ag products including Michigan’s top commodity into Mexico.

Continue reading Michigan ag poised to benefit from USMCA at Brownfield Ag News.

     
Sell-off continues for corn, soybeans, wheat
Thu, 16 Jan 2020 21:23:01 +0000
Sell-off continues for corn, soybeans, wheat

Soybeans were lower on commercial and technical selling. Now that Phase One of the trade deal with China is signed, beans are waiting for the purchases to start in earnest. Weekly export numbers were neutral to bullish. China was the big buyer last week, ahead of the signing, but unknown destinations canceled on more than China bought outright. The deal doesn’t fully go into effect for 30 days after the signing and by then, Brazilian supplies will be flooding the market.

Continue reading Sell-off continues for corn, soybeans, wheat at Brownfield Ag News.

     
R-CALF “deeply disappointed” in the passage of USMCA
Thu, 16 Jan 2020 21:19:27 +0000
R-CALF “deeply disappointed” in the passage of USMCA

The head of R-CALF USA says the organization is disappointed in the passage of the US-Mexico-Canada Agreement.

Bill Bullard tells Brownfield the agreement is identical to the 25-year-old NAFTA agreement for the beef industry and it still doesn’t benefit American cattle producers.  “We recognize that this agreement was a huge boon for multi-national meatpackers that will now be able to continue sourcing cattle and beef from an inventory that is now 31 percent larger,” he says. 

Continue reading R-CALF “deeply disappointed” in the passage of USMCA at Brownfield Ag News.

     
Closing Grain and Livestock Futures: January 16, 2020
Thu, 16 Jan 2020 21:11:30 +0000
Closing Grain and Livestock Futures: January 16, 2020

Mar. corn closed at $3.75 and 1/2, down 12 cents
Mar. soybeans closed at $9.24, down 4 and 3/4 cents
Mar. soybean meal closed at $300.60, up 50 cents
Mar. soybean oil closed at 33.03, down 27 points
Mar. wheat closed at $5.65 and 1/4, down 8 cents
Feb. live cattle closed at $126.12, down 47 cents
Feb. lean hogs closed at $66.87, down $1.00
Feb. crude oil closed at $58.52, up 71 cents
Mar.

Continue reading Closing Grain and Livestock Futures: January 16, 2020 at Brownfield Ag News.

     
Illinois ag leaders appreciate USMCA progress
Thu, 16 Jan 2020 21:06:38 +0000

Illinois ag leaders are thankful for the Senate’s passage of
the US Mexico Canada Agreement.

Illinois Farm Bureau President Richard Guebert says the USMCA agreement will “return certainty to the markets as Illinois farmers look for opportunity amid declining farm income levels.”

Illinois Soybean Association President Doug Schroeder who farms
near Mohomet says ISA commends the Senators who voted in support of the
agreement and looks forward to continuing valuable trade relationships with Canada
and Mexico.

Continue reading Illinois ag leaders appreciate USMCA progress at Brownfield Ag News.

     
Final MFP payment likely “very soon”
Thu, 16 Jan 2020 20:49:22 +0000
Final MFP payment likely “very soon”

Farmers impacted by the trade war can expect one final Market Facilitation Program payment. 

Speaking to reporters at the Iowa Renewable Fuels Summit in central Iowa Thursday, USDA Deputy Secretary Stephen Censky says a third tranche of MFP2 payments remains on the table despite the U.S. and China reaching a preliminary trade deal.

“We said we would look at this last 25 percent in January. No decisions have been made, but Secretary Perdue and (everyone) at USDA believes that should move forward.”

He says the Administration will be deciding in the very near future.

Continue reading Final MFP payment likely “very soon” at Brownfield Ag News.

     
Missouri family on hemp experience
Thu, 16 Jan 2020 20:36:34 +0000
Missouri family on hemp experience

A Missouri family, through trial and error, finds first-year
hemp growing and processing success.

Row-crop and cattle farmer Michelle Poindexter and her family,
of Adrian, in west central Missouri, had to switch their plans last year to
grow hemp on their farm because state approval was not in place, “Our family
decided to go into this venture together. All of us kind of researched
different areas of hemp because there were not a lot of people that were
forthcoming in the best practices.

Continue reading Missouri family on hemp experience at Brownfield Ag News.

     
China trade deal is a “game-changer” for US beef
Thu, 16 Jan 2020 20:26:49 +0000
China trade deal is a “game-changer” for US beef

The president of the NCBA says the Phase One trade deal with China is a game-changer for the US beef industry.

Jennifer Houston says the agreement lays the groundwork for
US beef to be a major player in the world’s largest market, but not without
some work.  “Our industry will have to
gear up to take advantage of this opportunity,” she says.  “It will require logistics, customers, and
relationships that we’ve never had.  It’s
going to be a big job for our industry to take advantage of the potential
offered in China.”

NCBA’s Kent Bacus tells Brownfield looking ahead to Phase
Two – they want to see some progress on China’s acceptance of the use of Beta-agonists.  “We want to make sure science remains the
fundamental basis of our trade with China,” he says.  “The problem I see is that so many times that
China doesn’t live up to its WTO commitments. 
China doesn’t always adhere to the recommendations of the scientific
community.”

According to the US Meat Export Federation, US beef currently accounts for less than 1 percent of China’s beef imports. 

Continue reading China trade deal is a “game-changer” for US beef at Brownfield Ag News.

     
Missouri workforce development benefits rural communities too
Thu, 16 Jan 2020 19:27:17 +0000
Missouri workforce development benefits rural communities too

Governor Parson did not directly mention agriculture in his
State of the State address Wednesday, but he tells Brownfield other programs he
talked about will have impacts on rural Missouri.

“I think the workforce development piece would be key to
that,” Parson said. “The infrastructure is so important to the agriculture side
of it.”

Parson says workforce development prepares students for careers
in ag.

“When we start looking at high school kids trying to get them certified for the workforce, I think agriculture plays a huge role in that too,” he said.

Continue reading Missouri workforce development benefits rural communities too at Brownfield Ag News.

     
Making farm bill decisions
Thu, 16 Jan 2020 19:12:02 +0000
Making farm bill decisions

The 2018 Farm Bill reauthorized the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs with some modifications and the deadline to enroll is approaching.  

A Farm Service
Agency representative says farmers have until March 15 to sign up for the ARC,
ARC-County, or PLC program.

Daniel Ford is the LaPorte
county FSA executive director in Indiana.

“Farmers have to make a decision as to whether or not to update their yields, they need to make a program election to pick one of the three programs available, and then to follow through and enroll in the program for 2019 and 2020,” he says.

Continue reading Making farm bill decisions at Brownfield Ag News.

     
Pork industry needs China to lift tariffs
Thu, 16 Jan 2020 19:00:19 +0000
Pork industry needs China to lift tariffs

The pork industry still needs to see some major tariffs lifted
after the phase one US China trade deal signing Wednesday.

National Pork Producers Council board member Craig Andersen witnessed the signing and his initial reaction was…

“Well it’s a positive first step that’s for sure.”

But, Andersen who farms in southeast South Dakota tells Brownfield for both sides to fully capture the benefits of the deal, China needs to eliminate the 60% punitive tariff on US pork.

Continue reading Pork industry needs China to lift tariffs at Brownfield Ag News.

     
Ag leaders applaud Senate passage of USMCA
Thu, 16 Jan 2020 18:41:01 +0000
Ag leaders applaud Senate passage of USMCA

Positive feedback on the Senate’s passage of the US Mexico Canada Agreement is pouring out from agriculture groups and leaders.

Ag Secretary Sonny Perdue says with congressional consideration now complete, farmers and ranchers are eager to see the President sign the legislation and begin reaping the benefits of the agreement.

“Chapter by chapter, verse by verse, line by line this is an improved relationship for agriculture but also in the over greater economy.”

Farmers for Free Trade Co-Executive Director Angela Hoffmann says USMCA will provide important ag victories including “market access for poultry and dairy, provisions that require science-based decision making on trade, and advances in supporting 21st century ag innovations.”

Senate Finance Committee Chairman Chuck Grassley of Iowa says Republicans and Democrats alike should be proud of this accomplishment for the American people.

Continue reading Ag leaders applaud Senate passage of USMCA at Brownfield Ag News.

     
Farmer explores technology, machinery at the Fort Wayne Farm Show
Thu, 16 Jan 2020 18:26:13 +0000
Farmer explores technology, machinery at the Fort Wayne Farm Show

Farmers at the Fort
Wayne Farm Show are exploring farm technology, machinery, and more.

Central Indiana Farmer
Mike Beard says he’s looking forward to exploring technology that could improve
his bottom line this growing season.

“I want to see the new technology and get some ideas of what at the manufacturers are doing differently in order to grow my crop quicker or help me harvest the crop quicker,” he says.

And he says he’s ready
to put 2019 behind him.

Continue reading Farmer explores technology, machinery at the Fort Wayne Farm Show at Brownfield Ag News.

     
Midday cash livestock markets
Thu, 16 Jan 2020 17:59:40 +0000
Midday cash livestock markets

A light to moderate direct cash cattle trade is underway.  Deals in the South are at $124 live, that’s fully steady with last week’s averages.  Asking prices are still holding at $126 to $127 live in other areas and $204 to $205 dressed in the North.  Look for more business to develop over the balance of the week. 

Boxed beef is steady to higher at midday on moderate demand
for moderate offerings.  Choice is $.04
higher at $212.57 and Select is $1.52 higher at $211.19.  The Choice/Select spread is $1.38. 

At the Hub City Livestock Auction in South Dakota, compared
to last week steer calves 500 to 600 pounds were $3 to $8 higher and 601 to 700
pounds were steady to $2 higher and steers 751 to 800 pounds were $2 to $4
higher.  Heifer calves 500 to 700 pounds
were steady to $2 higher.  There was good
to very good demand for the offering.  There
were many packages and several loads of calves offered as well as a few
packages of tested open yearling heifers. 
Quality was mostly attractive and the market was active.  Receipts of 3,893 head were down from the
most recent sale and on the year.  Feeder
supply included 53 percent steers and 71 percent of the offering was over 600
pounds.  Medium and Large 1 feeder steers
604 to 649 pounds brought $159 to $170.50 and feeder steers 755 to 795 pounds
brought $142.75 to $156.50.  Medium and Large
1 feeder heifers 655 to 699 pounds brought $137.50 to $143.25 and feeder
heifers 759 to 798 pounds brought $135.50 to $136.75. 

Cash hogs opened weak to lower with moderate negotiated purchases. 

Continue reading Midday cash livestock markets at Brownfield Ag News.

     
UNL climatologist says this spring’s weather is hard to predict
Thu, 16 Jan 2020 17:36:03 +0000
UNL climatologist says this spring’s weather is hard to predict

University of Nebraska state climatologist Al Dutcher says, by mid-January, he’s usually pretty confident in his spring weather forecast.  This year, not so much.

“This
is probably going to be one of my toughest years for forecasting, simply
because of all of the different dynamics at play here—and the potential for us
to go in multiple directions,” Dutcher says.

And
he says the 2020 growing season is even tougher to forecast.

Continue reading UNL climatologist says this spring’s weather is hard to predict at Brownfield Ag News.

     
Biofuels groups still unsure what Phase One entails for ethanol
Thu, 16 Jan 2020 17:19:03 +0000
Biofuels groups still unsure what Phase One entails for ethanol

Biofuels groups are trying to figure out where U.S. ethanol
fits into the Phase One trade agreement with China.

Growth Energy CEO Emily Skor says ethanol and co-products like dried distillers grains will be included in the preliminary trade deal.

“But we don’t know any of the specifics, and I don’t know if we will learn the specifics. The first news we may receive is when a call is placed ordering some U.S.

Continue reading Biofuels groups still unsure what Phase One entails for ethanol at Brownfield Ag News.

     

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