|COW97 Ag News from Brownfield|
|Brownfield Ag Weather Today|
|Fri, 17 Jan 2020 11:37:37 +0000|
Sponsored by Pivot Bio ProveN
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.
|Milk futures higher, cash dairy mixed|
|Thu, 16 Jan 2020 22:09:08 +0000|
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.
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.
|Dairy groups excited for USMCA & enforcement|
|Thu, 16 Jan 2020 22:03:32 +0000|
Dairy groups are thankful for Congress passing the USMCA and
The National Milk Producers Federation and U.S. Dairy Export
USDEC President Tom Vilsack tells Brownfield they will be closely monitoring how Canada is upholding the agreement.
|Hog futures lower on profit-taking|
|Thu, 16 Jan 2020 22:03:24 +0000|
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.
|Michigan ag poised to benefit from USMCA|
|Thu, 16 Jan 2020 21:41:39 +0000|
Michigan ag groups are celebrating the Senate’s passage of
The Michigan Farm Bureau says farmers need export
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.
|Sell-off continues for corn, soybeans, wheat|
|Thu, 16 Jan 2020 21:23:01 +0000|
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.
|R-CALF “deeply disappointed” in the passage of USMCA|
|Thu, 16 Jan 2020 21:19:27 +0000|
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.
|Closing Grain and Livestock Futures: January 16, 2020|
|Thu, 16 Jan 2020 21:11:30 +0000|
Mar. corn closed at $3.75 and 1/2, down 12 cents
|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
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
|Final MFP payment likely “very soon”|
|Thu, 16 Jan 2020 20:49:22 +0000|
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.
|Missouri family on hemp experience|
|Thu, 16 Jan 2020 20:36:34 +0000|
A Missouri family, through trial and error, finds first-year
Row-crop and cattle farmer Michelle Poindexter and her family,
|China trade deal is a “game-changer” for US beef|
|Thu, 16 Jan 2020 20:26:49 +0000|
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
NCBA’s Kent Bacus tells Brownfield looking ahead to Phase
According to the US Meat Export Federation, US beef currently accounts for less than 1 percent of China’s beef imports.
|Missouri workforce development benefits rural communities too|
|Thu, 16 Jan 2020 19:27:17 +0000|
Governor Parson did not directly mention agriculture in his
“I think the workforce development piece would be key to
Parson says workforce development prepares students for careers
“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.
|Making farm bill decisions|
|Thu, 16 Jan 2020 19:12:02 +0000|
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
Daniel Ford is the LaPorte
“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.
|Pork industry needs China to lift tariffs|
|Thu, 16 Jan 2020 19:00:19 +0000|
The pork industry still needs to see some major tariffs lifted
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.
|Ag leaders applaud Senate passage of USMCA|
|Thu, 16 Jan 2020 18:41:01 +0000|
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.
|Farmer explores technology, machinery at the Fort Wayne Farm Show|
|Thu, 16 Jan 2020 18:26:13 +0000|
Farmers at the Fort
Central Indiana Farmer
“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
|Midday cash livestock markets|
|Thu, 16 Jan 2020 17:59:40 +0000|
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
At the Hub City Livestock Auction in South Dakota, compared
Cash hogs opened weak to lower with moderate negotiated purchases.
|UNL climatologist says this spring’s weather is hard to predict|
|Thu, 16 Jan 2020 17:36:03 +0000|
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.
|Biofuels groups still unsure what Phase One entails for ethanol|
|Thu, 16 Jan 2020 17:19:03 +0000|
Biofuels groups are trying to figure out where U.S. ethanol
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.