The Wisconsin Corn Promotion Board is teaming up with the U.S. Grains Council to educate farmers on trade and how the checkoff helps find new markets. Farmer Shane Goplin from Osseo is on the Wisconsin Corn Promotion Board. He says, “When we were... Read More.
Last month India announced it was banning rice exports on non-basmati white rice. The move, which has been called bad policy by the USA Rice Federation could destabilize rice supplies and add to food insecurity concerns in parts of the world. Bobby Hanks is... Read More.
A lobbyist with the National Cattlemen’s Beef Association says free trade deals help U.S. cattle producers add value to their products. Kent Bacus, NCBA executive director government affairs, tells Brownfield 85% of what we produce in the U.S. is consumed in... Read More.
Chicago Mercantile Exchange live and feeder cattle futures were higher, with feeders in the lead on the lower corn, waiting for the week’s direct business. August live was up $.10 at $178.15 and October was $.10 higher at $179.60 August feeders were $.95... Read More.
National Cattlemen’s Beef Association vice president of government affairs Ethan Lane says the Biden administration’s new approach to global trade doesn’t work for cattle producers. “It is absolutely unconscionable that the Trade Representative to the United States, Katherine Tai, made comments in... Read More.
Russia’s attack on Ukrainian ports is causing a major rally in grain markets. Angie Setzer, co-founder of the grain marketing firm Consus, tells Brownfield futures are seeing support across commodities. “We rallied back over $0.70 in December Corn,” she says. “We saw wheat just today... Read More.
A Midwestern governor says it’s crucial that the US overcomes trade barriers in Southeast Asia to help increase pork exports. Nebraska’s Jim Pillen tells Brownfield more trade agreements and a reduction on pork tariffs with Vietnam could help. “Vietnam has a lot of free... Read More.
Chicago Mercantile Exchange live cattle futures were mixed ahead of this week’s direct business, while feeders were up on the lower corn. The USDA’s semi-annual Cattle Inventory and monthly Cattle on Feed reports are out Friday. August live was down $.05 at $180.12... Read More.
The chairman of the House Ways and Means Committee says lawmakers are going to take a more active approach in the creation of new trade deals. Jason Smith, a U.S. Congressman from Missouri, tells Brownfield “we’re trying to push this administration and the Office... Read More.
Photo provided by U.S. Meat Export Federation Exporters of U.S. beef, pork, and lamb are meeting with buyers from Central America, South America, and the Caribbean this week. John Hinners, senior vice president of industry relations with the U.S. Meat Export Federation, says the... Read More.
A central Minnesota cattle producer says frustration is building with the Biden administration’s approach to trade. Don Schiefelbein says while the administration is focused on addressing unfair trade practices and worker’s rights, there are opportunities for new trade deals, including a bilateral agreement with... Read More.
The Global Dairy Trade Index fell 3.3% in Tuesday’s trading session. Prices for all products were down, but butter and buttermilk powder took the largest fall. Buttermilk powder was down 11.4% to just $2,189 per metric ton, or $0.99 per pound. Butter was down 10.3%... Read More.