Catch the 60 second Market Reports from Brownfield everyday Monday thru Friday. The Opening Market Report is at 9:45am, the Midday Market Report is at 11:45am, and the Closing Market Report is at 3:45pm on Y1013 Y Country.
A bipartisan bill in the U.S. Senate would streamline the permitting process for more domestic phosphate and potash production. Ed Thomas with The Fertilizer Institute says, “We certainly do see a need for permitting reform. This is just a first step.” Thomas tells Brownfield they’ve been trying to increase the domestic supply of fertilizer by pushing for government policy changes. “One of those is getting USGS (U.S. Geological Survey) to list phosphorus and potash as critical minerals, and what that does for the industry is it really just helps permitting, so it kind of streamlines the process so that it’s a little faster, potentially.” Thomas tells Brownfield that naming phosphorus and potash as critical minerals would allow one government agency to walk the permit through the approval process and stop the back-and-forth approval process. ...
Milk futures were mostly steady to higher and the cash dairy markets were lower except cheese barrels Monday on the Chicago Mercantile Exchange. April Class III milk was up $0.15 at $16.16. May was up $0.07 at $16.49. June was unchanged at $17.23. July was up $0.02 at $17.91. August through February contracts ranged from two cents lower in December to nine cents higher in August. Monday’s Class III trade volume was lower, with 1,578 contracts. Dry whey was down $0.0150 at $0.43. Two sales were recorded at $0.43 and $40.4350. Forty-pound cheese blocks were down $0.02 at $1.45. Three sales were recorded, ranging from $1.45 to $1.48. Cheese barrels were up $0.0575 at $1.50, once again surpassing block cheese prices. ...
Larry Lee will be on the ground in Dubuque, Iowa June 5-6, 2024 for the Four States Dairy Nutrition and Management Conference. ...
Midwestern farmers using soil health practices can take part in research projects focused on nitrogen use and cover crops this growing season. Practical Farmers of Iowa senior research manager Stefan Gailans says they are seeking corn growers to explore whether practices like cover crops or no-till support using less nitrogen fertilizer. “What this project is testing really is can a farmer maintain or improve their corn yields with less fertilizer thanks to the soil health practices they’ve been using over the last few years.” He tells Brownfield another on-farm research project involves cover crops exclusively. ...