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Brownfield Network 02/25/2020 17:18
National Farmers Union President Roger Johnson is urging the administration to follow a public and transparent process for the market facilitation program following President Trump’s announcement that farmers could receive more trade aid this year. "They should have public hearings on this, they should invite comments so that organizations and individuals can weight in and suggest how it should be constructed, and they should do it in concert with the house and senate ag committees," he says.
Brownfield Network 02/25/2020 17:17
Milk futures on the Chicago Mercantile continued mostly lower Tuesday as did cash trade. February Class III milk up two cents at. $17.03. March down nine cents at $16.53. April eight cents lower at $16.39. May down 12 cents at $16.47. June. through September contracts 14 to 21 cents lower. Dry whey down $0.0175 at $0.3525. Blocks down $0.0075 at $1.76. Barrels unchanged at $1.59. One sale was made at that price.
Brownfield Network 02/25/2020 16:58
Iowa State University Extension ag economist Chad Hart spoke Monday at a crop fair in Missouri Valley, Iowa. An ag economist says the spread of the coronavirus could worsen an already weakening global economy. Iowa. State University crop marketing specialist Chad Hart says he had concerns about. the global economy even before the coronavirus outbreak. "We. are starting to see cracks, if you will, in the global economy.
Brownfield Network 02/25/2020 16:55
Vice President Mike Pence reaffirmed the Trump administration’s. support for farmers as part of a bus tour through Michigan Tuesday. “We’re going to stand with you no matter what political philosophies or political winds are blowing. President Donald Trump, this Vice President, this administration will always stand with the American farmer. I promise.”Pence’s visit with Michigan farmers echoed accomplishments mentioned during President Trump’s State of the Union ranging from reduced taxes and regulations to something Michigan Farm Bureau President Carl Bednarski tells Brownfield he was excited to hear, commitments to further trade deals.
Brownfield Network 02/25/2020 16:52
USDA’s Animal and Plant Health Inspection Service (APHIS) is. encouraging poultry producers to stay vigilant as animal disease threats. circulate the globe. APHIS assistant director for poultry health Dr. Julie Gauthier says excellent biosecurity needs to be practiced every day. "Every day, every time, you should be practicing good biosecurity and preventing infections like avian influenza from being introduced to our flocks.".
Brownfield Network 02/25/2020 16:49
Soybeans were modestly higher on short covering and technical buying, taking back a small part of Monday’s drop. Contracts saw an oversold bounce but remain cautious about the spread of coronavirus and the potential impact on demand. The Dow Jones Industrial Average started Tuesday’s session higher, but sold off in relatively quick fashion, pulling the index sharply lower for the second time this week. The World Health Organization has not declared a pandemic, but there have been several reports of new outbreaks this week.
Brownfield Network 02/25/2020 16:10
Mar. corn closed at $3.72 and 1/2, up 1/4 cent Mar. soybeans closed at $8.79, up 4 and 3/4 cents Mar. soybean meal closed at $286.50, up 40 cents Mar. soybean oil closed at 29.23, down 26 points Mar. wheat closed at $5.39, up 2 and 3/4 cents Feb. live cattle closed at $115.02, down $1.97 Apr. lean hogs closed at $64.67, up 5 cents Apr. crude oil closed at $49.90, down $1.53 May cotton closed at 66.30, down 126 points Mar.
Brownfield Network 02/25/2020 15:49
The USDA weather was mixed during February in Wisconsin. The state saw record high temperatures to kick off the month, but overall, temperatures were close to normal, as was precipitation. Snow cover is called adequate, limiting frost, and possibly limiting damage in winter grains and alfalfa. Most of the state still had some corn in the ground and producers harvested when able. The USDA says animal health was normal and calving is underway.
Brownfield Network 02/25/2020 15:46
February was wetter than normal in Tennessee. The USDA says parts of the state had as much as 10 inches of rain during the month, leaving soil muddy and while that did have some impact on livestock, 59% of Tennessee’s cattle are in good to excellent shape. Even with that wet weather, the winter wheat and pasture condition rating levels improved slightly from January. Hay and roughage supplies tightened significantly, leading to concerns about shortages in some areas.
Brownfield Network 02/25/2020 15:30
The USDA says February was a little warmer and drier than normal in Missouri. Winter wheat conditions were mixed with 41% of the crop rated good to excellent, up 2%, but with 9% in poor to very poor shape, an increase of 4% from January’s update. Half of the state reports surplus topsoil moisture and more than a third of Missouri has excessive subsoil moisture. The USDA’s weekly crop progress and condition reports resume in April.
Brownfield Network 02/25/2020 15:28
A market analyst is keeping a close eye on Chinese purchases. of U.S. pork. Mike Zuzolo with Global Commodity Analytics says the best indicator of what China plans to do amidst its phase one trade commitments and the coronavirus outbreak remains in the pork sector. "When you look at the fact that USDA last week showed Chinese consumption domestically is going to be short almost 16 million tons for pork.
Brownfield Network 02/25/2020 15:24
A mostly dry month in Michigan helped soil moisture levels stabilize but wet conditions could still be an issue this spring. The USDA says precipitation was a little bit below normal during February and while surplus soil moisture levels declined, about half of the state remains too wet, which could delay planting. The Upper Peninsula and the northern half of the Lower Peninsula are still frozen with snow cover, but fields in the southern half of the Lower Peninsula are muddy and winter wheat conditions vary widely.
Brownfield Network 02/25/2020 14:54
Photo courtesy Iowa Soybean Association. Deere has reported surprisingly strong first quarter earnings, which Deere CEO John May says reflects early signs of stabilization in the U.S. farm sector. May says farmer confidence, though still subdued, has. improved due in part to hopes for a relaxation of trade tensions and higher. agricultural exports. The CEO of the Western Equipment Dealers Association, John. Schmeiser, expresses similar sentiments. "There is a lot of optimism out there from our equipment. dealers—and we base that optimism on the conversations that we’re having with. our customers," Schmeiser says.
Brownfield Network 02/25/2020 14:43
Governor Walz is proposing $250,000 to enhance farm safety. in Minnesota. During a conference call with reporters Tuesday, Walz says recent tragedies highlight the need for more active work around both education and grant funding. "To put some of the guards in place, and continue what I think was a really good piece of legislation on the rollover bill for tractors.
Brownfield Network 02/25/2020 14:33
Another hearing on proposed reforms to the National Environmental Policy Act (NEPA) is taking place today in Washington with environmental and industry groups testifying on the Trump Administration’s plan to improve the environmental review process. National Cattlemen’s Beef Association CEO Colin Woodall says the proposed changes are welcome news for ranchers and farmers whose livelihoods depend on NEPA reviews.
Brownfield Network 02/25/2020 14:24
Iowa saw a wide range of temperatures in February. The USDA says the month was fairly mild, even with temperatures across the state ranging from below zero to above 50 degrees and while northern parts of Iowa are still have snow cover, snow has melted in other areas. Hay supplies are adequate and calving and lambing are underway, but muddy feedlot conditions have been a challenge for some producers. Grain movement was normal and there were a few reports of grain stored on-farm going out of condition.
Brownfield Network 02/25/2020 14:19
The USDA says February weather was variable in Indiana. The month started off atypically warmer and wetter and while a cooler pattern emerged later in the month, the statewide average temperature was still three degrees above normal. Precipitation was about a quarter inch more than usual and while most of the state has adequate to surplus soil moisture levels, pockets of Indiana are still short. The USDA says winter wheat conditions were relatively stable but muddy conditions have negatively impacted livestock condition and calving and has limited fieldwork in parts of the state.
Brownfield Network 02/25/2020 14:16
Condition ratings for Illinois’ winter wheat crop improved during February. The USDA says 56% of the winter wheat crop is in good to excellent condition, up 9% from January’s report and 10% higher than this time last year. Statewide, precipitation was slightly below normal, while temperatures were a little warmer than average. The USDA’s weekly crop progress and condition reports resume in April.

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