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Pre-harvest marketing opportunities could be few and far between

An extension grain market economist is concerned there won’t be many pre-harvest marketing opportunities for corn and soybean growers. Ed Usset with the University of Minnesota tells Brownfield current prices for fall delivery are below cost of production for most farmers. “We’re not at... Read More.

USDA continues evaluating milk marketing orders

(Photo: Economist Roger Cryan questions Kevin Krentz during the recent USDA Federal Milk Marketing Order hearing) A producer who served on the American Farm Bureau’s national dairy committee says it will still be a while before USDA releases federal milk marketing order proposals. Kevin Krentz... Read More.

Pork export sales hit marketing year high

Pork export sales surged to a marketing year high during the week ending March 21st. The USDA says pork sales were driven by strong demand from Mexico, which picked up most of the week’s total, followed by Japan and Australia. Beef, corn, wheat,... Read More.

Beef, wheat export sales fall to marketing year lows

The USDA says wheat and beef export sales have notched marketing year lows for a second consecutive week. Both of those commodities are seeing hefty competition on the global market from other exporters due to relatively high U.S. prices and the strength of... Read More.

Soybean oil export sales hit marketing year high

U.S. export sales were mixed during the week ending February 29th. Global trade in most major commodities continues to be impacted by the strength of the dollar relative to the currencies of other major exporters, big crops out of South America and Russia,... Read More.

Sorghum export sales hit marketing year high

The USDA says the week ending February 22nd was another mixed week for U.S. export sales. Business continues to show the impact on trade from the strength of the dollar relative to other currencies, which limits U.S. competition on the global market. Sorghum... Read More.

Soybean, rice export sales at marketing year lows

U.S. soybean export sales hit a marketing year low during the week ending February 15th. The USDA says soybean sales were sharply below the previous week and the four-week average, following a big cancelation by unknown destinations. Rice also hit a marketing year... Read More.

Soybean export sales at marketing year low

The USDA says U.S. soybean export sales hit a marketing year low during the week ending January 25th. That’s due to the continued heavy competition from Brazil, which has seen prices move mostly lower in recent weeks as their harvest advances, even if... Read More.

Federal Milk Marketing Order hearing concludes

The USDA hearing into the Federal Milk Marketing Order system is over.  Economist Danny Munch with the American Farm Bureau Federation tells Brownfield it took a long time for stakeholders to provide testimony on the many different proposals. “This marked the 49th day... Read More.