COW97 Ag News from Brownfield
An active pattern across the Heartland
Fri, 20 Jul 2018 22:04:00 +0000
An active pattern across the Heartland

Across the Corn Belt, cool, showery weather prevails across the upper Midwest. Showers are also sweeping across the eastern Complex, where severe thunderstorms may develop later Friday.

On the Plains, intense heat is maintaining stress on crops and livestock across roughly the southern half of the region. On July 19, daily-record high temperatures were established in Texas locations such as Wichita Falls (112°), Borger (109°), and Dallas-Ft. Worth (108°), and similar readings can be expected again Friday.

Continue reading An active pattern across the Heartland at Brownfield Ag News.

     
Walmart, food brands promote Farming for the Future
Fri, 20 Jul 2018 22:03:08 +0000
Walmart, food brands promote Farming for the Future

In early July, Walmart stores in Illinois, Iowa and Nebraska showcased Farming for the Future, a partnership to prepare teachers and students in the best agriculture practices to protect air and water quality and improve soil health.

The partnership is a collaboration between companies and conservations groups that are members of the Midwest Row Crop Collaborative (MRCC), working with the National FFA organization (FFA) and the National Association of Agricultural Educators (NAAE).

We discussed the Farming for the Future initiative with Andy Knepp, sustainable development lead for Monsanto.

Continue reading Walmart, food brands promote Farming for the Future at Brownfield Ag News.

     
Cooler across the Heartland
Fri, 20 Jul 2018 21:28:49 +0000
Cooler across the Heartland

  Excessively hot weather will persist through the weekend on the southern Plains, followed by favorably cooler conditions next week. Heat will continue, however, across much of the western U.S.

In contrast, most areas east of the Mississippi River will experience periods of heavy showers and thunderstorms. Five-day rainfall totals could reach 2 to 6 inches or more in the middle and southern Atlantic States, while 1- to 3-inch totals can be expected from the eastern Corn Belt into the Northeast.

Continue reading Cooler across the Heartland at Brownfield Ag News.

     
Pork values pressure lean hog futures lower
Fri, 20 Jul 2018 21:19:54 +0000
Pork values pressure lean hog futures lower

At the Chicago Mercantile Exchange, cattle futures were mostly lower.  Live cattle have been waiting for widespread direct cash business to develop and the USDA’s Cattle on Feed and Inventory reports.  Feeder cattle were lower on position squaring ahead of the reports.  Contracts faced additional pressure from the day’s firm move in corn.  The reports initially look bearish.  August live cattle closed $.02 higher at $108.92 and October live cattle closed $.40 lower at $110.25. 

Continue reading Pork values pressure lean hog futures lower at Brownfield Ag News.

     
Growth Energy ad pushes for pro-biofuel policies
Fri, 20 Jul 2018 20:57:11 +0000
Growth Energy ad pushes for pro-biofuel policies

Growth Energy is calling on President Trump and the EPA for more pro-biofuel policies.  The renewable fuels trade association launched a television ad Friday calling on the administration to uphold promises to support biofuels.  The ad – to air on Fox News – asks the EPA to reverse refinery waivers that Growth Energy says have weakened the Renewable Fuel Standard and to lift restrictions on the sale of higher ethanol blends like E15.

Growth Energy CEO Emily Skor says taking such action could restore hundreds of millions of bushels of demand for biofuels feedstocks. 

Continue reading Growth Energy ad pushes for pro-biofuel policies at Brownfield Ag News.

     
Food prices at the grocery store were down in June
Fri, 20 Jul 2018 20:40:51 +0000

The USDA says retail food prices declined for the second month in June but are expected to remain above last year.

USDA food price economist Annemarie Kuhns says prices declined .1 percent.  “Pork prices were down from May to June by .1 percent, we paid 2 percent less for other meats, 7.2 percent less for eggs, .5 percent less for fats and oils, 1.2 percent less for fresh fruits, and .2 percent less for fresh vegetables.”

She says food prices are slightly higher than June of last year and is forecasting prices to increase slightly percent for the year.

Continue reading Food prices at the grocery store were down in June at Brownfield Ag News.

     
Wheat leads on expected French crop loss
Fri, 20 Jul 2018 20:40:10 +0000

Soybeans were modestly higher on short covering and technical buying, finishing an up and down day in positive territory. Parts of the Midwest and Plains are either too wet or too dry, but overall, beans are in good shape. Widespread heat has pushed development ahead of average in many areas, which could lead to an early harvest. Several weather outlooks are pointing to the development of El Nino conditions later this year, which would have a much greater effect on the southern hemisphere.

Continue reading Wheat leads on expected French crop loss at Brownfield Ag News.

     
Republican politicians walk fine line on trade war with China
Fri, 20 Jul 2018 20:37:22 +0000
Republican politicians walk fine line on trade war with China

Many Republican politicians in farm country are walking a fine line on President’s Trump’s “get tough” trade policy with China, expressing general support for what Trump is trying to accomplish, but also urging quick resolution to the dispute.

Iowa Republican Governor Kim Reynolds says she’s glad the U.S. is standing up to China’s long-term unfair trade practices.

“They’ve been sticking it to us for years. They’re a really bad actor and our farmers know that.

Continue reading Republican politicians walk fine line on trade war with China at Brownfield Ag News.

     

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