Indiana harvest moving along

A streak of warm, dry weather helped grain naturally dry down and paved the way for farmers to get into the full swing of harvest.  Even though both corn and soybean harvest were able to gain momentum, they are still dragging quite a few days behind the five-year average.  With optimal weather conditions, seventy-nine percent… Read more »

What’s the Farm Bill worth to the nation?

So, what’s the Farm Bill worth to our nation? That’s the question Iowa Soybean and Illinois Soybean Associations attempted to answer, in a study released this week in partnership with Informa Economics. Carol Balvanz, policy director for Iowa Soybean, tells Brownfield as they looked at the rhetoric in Washington, DC and other places about what… Read more »

Laprino’s Colorado dairy plant getting ready

Leprino Foods is set to open its new dairy plant in Greeley, Colorado on November 1st. Food reports 90 people have been hired to operate the first phase of the plant; manufacturing nonfat dry milk for Leprino’s other operations. Phase two and three will involve ramping-up cheese and dairy ingredients production at the plant,… Read more »

Combines rolling in Wisconsin

Summer-like conditions pushed crops to maturity in Wisconsin last week. Plenty of sunshine and temperatures 4 to 11 degrees above normal had the combines rolling in the Badger State soybean fields. A few more areas did get a killing frost on October 1st. As of Sunday 94 percent of the beans are dropping leaves, 28… Read more »

Nebraska gets much needed rain

It may have caused some harvest delays, but Nebraska got some much needed rain last week. Much of the state received good coverage, the first significant rainfall in five weeks, concentrated in the central third of the state with parts of the South Central region seeing four to six inches of precipitation. Eastern areas along… Read more »

Get used to volatility in dairy markets

Volatility is the best word to describe dairy markets these days, just when it looked like cash cheese had set a bottom late last week, blocks went down on Monday, both blocks and barrels were lower on Tuesday. Class III futures saw some solid gains on Friday only to give them back on Monday. They… Read more »

Strong close ahead of USDA numbers

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Soybeans were sharply higher on fund and technical buying, along with spillover from corn. There was no real fresh news but there is talk of new export demand, especially from China. In any event, the trade’s getting ready for Wednesday’s USDA supply, demand and production update, and analysts see increases for production and ending stocks…. Read more »

Cash cattle trade is slow to develop

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It may be late in the week before we see significant trade in the cash cattle market. Margin stressed packers are trying to hold the line on spending while feedlot operators who are also losing money attempt to sell cattle at higher prices. Some industry experts are predicting slower chain speed as packers attempt to… Read more »

33% of corn, 51% of soybeans harvested

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Roughly a third of the U.S. corn crop and a little more than half of soybeans have been harvested. As of Sunday, 89% of corn has reached maturity, compared to 97% a year ago and 88% on average, while 33% is harvested, compared to 50% this time last year and 32% for the five year… Read more »

Another dry week in Iowa

Dry and windy weather accelerated crop dry down and provided the opportunity to harvest nearly half of Iowa’s soybean crop last week. Unfortunately, reports of soybean shattering and field fires increased. The lack of moisture has also delayed development of fall seeded crops. 27% of Iowa’s corn crop has been harvested for grain or seed,… Read more »