|COW97 Ag News from Brownfield|
|Indiana Senator hears Hoosier farmers farm bill priorities|
|Wed, 16 Aug 2017 22:07:26 +0000|
Indiana Senator Joe Donnelly will be armed with Hoosier farm bill priorities when the Senate Agriculture Committee resumes farm bill discussions following their August recess.
Indiana pork farmer Mike Beard says the livestock industry is requesting funding for an offshore Foot-and-Mouth Disease vaccine bank in the next Farm Bill.
Beard says increased biosecurity measures by livestock farmers have helped prevent disease outbreaks, but it’s not enough.
“The cost to fund a (foot-and-mouth disease) vaccine bank pales in comparison to the cost of an uncontained outbreak,” he says.
|Missing kernels will hurt yield|
|Wed, 16 Aug 2017 21:30:52 +0000|
An agronomist says Midwest corn yields might be affected by fewer kernels on ears. Ed Corrigan with Brandt says, in some cases, there’s less corn because of what he refers to as zippered ears.
“Down the whole side of the ear the kernels have aborted,” Corrigan told Brownfield at the Illinois State Fair Tuesday, “maybe the tip back at the very tip of the ear is missing.”
Corrigan tells Brownfield aborted kernels are the result of heat late in pollination.
|Soybeans, Minneapolis wheat post some gains|
|Wed, 16 Aug 2017 20:57:42 +0000|
Soybeans were steady to firm. Contracts rebounded after the recent losses, with support from demand. Weekly export sales numbers are out Thursday morning and while old crop sales should be seasonal low, it should be another solid week for the actual shipments. The current marketing year for soybeans, and corn, is over at the end of this month. Weather continues to look generally good over the near term in most key growing areas with non-threatening temperatures and some rain.
|Cash business, pork pressure hog futures|
|Wed, 16 Aug 2017 20:41:20 +0000|
Chicago Mercantile Exchange live cattle futures were pressured by profit taking and the lower midday boxed beef ahead of this week’s widespread direct cash cattle business. This week’s Fed Cattle Exchange event was a non-starter in almost every sense. August was down $.57 at $109.47 and October was $.72 lower at $108.32.
Feeder cattle were sharply lower on profit taking and position squaring relative to the cash index. August was $3.10 lower at $142.25 and September was down $3.62 at $143.12.
|Closing Grain and Livestock Futures: August 16, 2017|
|Wed, 16 Aug 2017 20:13:52 +0000|
Sep. corn closed at $3.52 and 1/2, down 2 and 3/4 cents
|Milk futures, cash dairy mostly higher|
|Wed, 16 Aug 2017 20:01:58 +0000|
Class III milk futures at the Chicago Mercantile Exchange were mixed, with the most active months up on technical buying and spread trade. August was $.02 higher at $16.47, September was up $.21 at $17.05, October was $.10 higher at $17.08, and November was up $.08 at $17.01.
Cash cheese blocks were $.01 higher at $1.735. One load was sold at $1.715. The last unfilled bid was on one load at $1.735.
|Wed, 16 Aug 2017 19:22:50 +0000|
Amie grew up in Walton, Ind. She majored in journalism and creative writing at Indiana University. Her passion for telling the stories of others led her to become a reporter for various newspapers including the Standard-Speaker, Pharos Tribune, and Indiana AgriNews, where she found a love for telling the story of the agriculture industry. Amie will cover Indiana and Ohio for Brownfield Ag News.
Amie received third place for Best Breaking News Story in the National Newspaper Association’s Better Newspaper Contest in 2016 and third place for Best In-depth Feature or Feature package from the Hoosier State Press Association Foundation Better Newspaper Contest in 2014.
|Midday cash livestock markets|
|Wed, 16 Aug 2017 17:00:56 +0000|
Direct cash cattle markets are quiet. Asking prices are $115 to $117 on the live basis and $180 to $182 dressed, with bids of $110 live and $175 to $178 dressed. Widespread business this week could wait until Friday’s USDA cattle on feed report. This week’s offering at the Fed Cattle Exchange was 1,184 head and none sold.
Boxed beef at midday was modestly lower. Choice was down $.36 at $198.59 and Select was $.27 lower at $195.60.