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Chinese demand boosts soybean price outlook

Recent Chinese demand is helping improve the outlook for soybean prices. Iowa State University Extension economist Chad Hart says China remains the number one export market for U.S. soybeans. “Seeing them being more active now shows that we’ll likely see that action ramp up... Read More.

What’s up with the price of blocks and barrels? Exports.

The cheese market has seen an unusual trend lately. Normally, the per-pound price of 40-pound Cheddar cheese blocks is higher than 500-pound Cheddar cheese barrels. Beginning around February 9th, barrels began commanding more money per pound than blocks… and depending on the day,... Read More.

What’s up with the price of blocks and barrels? Exports

The cheese market has seen an unusual trend lately. Normally, the per-pound price of 40-pound Cheddar cheese blocks is higher than 500-pound Cheddar cheese barrels. Beginning around February 9th, barrels began commanding more money per pound than blocks… and depending on the day,... Read More.

Wisconsin farmer eyes exports for price support

A farmer in southeastern Wisconsin is looking to the export market to help firm up corn prices. Ken Rosenow of Oconomowoc is a director on the Wisconsin Corn Promotion Board and serves on the Western Hemisphere A-team for the U.S. Grains Council. He says ethanol... Read More.

USDA price outlook projects continued slide

USDA is projecting a continued downturn in commodity prices for 2024. Chief economist Seth Meyer tells Brownfield the slide began more than a year ago. “Off of those peaks in 2022. And generally speaking, the expectation is that for the 2024/2025 crop season that... Read More.

Thompson, Vilsack debate fertilizer price and availability

The cost of agricultural inputs and its impact on food prices was debated during a House Ag Committee hearing on Wednesday. Chairman Glenn “GT” Thompson said producers haven’t been able to catch any breaks when it comes to fertilizer. “We’re not producing more fertilizer,”... Read More.

CattleFax talks price outlook for 2024

With more contraction in the cattle herd, the CEO of CattleFax says that could signal good news for prices. Randy Blach says supplies are going to decline in 2024, 2025, and probably again in 2026. “And if you think about our markets in total,... Read More.

USDA price indices fractionally lower in December

The USDA’s indices of prices received and paid by farmers were both down in December. The USDA says the index of prices received was 0.4% lower than in November as losses in cattle, hogs, milk, and turkeys canceled out gains in corn, broilers, eggs,... Read More.

USDA ag price indices down in November

Farmers paid and made slightly less in November than October. The USDA’s index of prices received was down 0.1% on declines in corn, cattle, hogs, and turkeys against gains in soybeans, market eggs, lettuce, and strawberries. The USDA’s dairy index for November was a half... Read More.

Milk price volatility a factor in 2023

Price volatility stands out as a Minnesota dairy farmer reflects on 2023. Dan Glessing of Waverly tells Brownfield the past year has been a rollercoaster. “It went from good to not very good, and then kind of moderated.” He says milk prices the past six months... Read More.

Food Price Forecast for 2023: 8% Inflation Likely

UNDATED (HPM) - The U.S. Department of Agriculture predicts food prices won’t rise as sharply in 2023 but still could climb 8% over last year’s rates. Harvest Public Media reports the higher prices are affecting grocers as well as consumers.Robert Kimball owns Wohlner’s Neighborhood... Read More.