John Deere precision ag marketing leader Matt Olson says when everything on the farm is being tracked, producers can truly grasp what’s working and what’s not.

And he tells Brownfield John Deere offers technology to ensure the bottom line is as strong as possible.  

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The Clean Cities Coalition Network, a Department of Energy program, is celebrating 30 years of working to implement alternative transportation fuels, fuel-saving technologies and practices, and energy efficient mobility choices.

The network has more than 75 active coalitions working in communities across the nation.

In this episode of Fueling Conversations, Antoine Thompson, executive director of the Greater Washington Region Clean Cities Coalition will discuss the importance of using clean fuels to reduce dependence on petroleum. He’ll also discuss some of the coalition’s efforts to promote the use of fuels like biodiesel around the nation’s capital and beyond. 

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Managing tough to control weeds is a challenge for farmers year in and year out.

In this Managing for Profit Skyler Paul with Bayer shares how TriVolt a new corn herbicide helps growers maintain clean fields by consistently controlling grass and broadleaf weeds

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The Indiana Corn Marketing Council is looking for strong farm leaders to serve on their board. The board is comprised of farmers statewide who are tasked with determining how checkoff dollars can best be spent to benefit Indiana corn farmers. Anyone interested in serving on this board can learn more at incorn.org/elections.

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Brownfield Commodity Market Reporter John Perkins has your look at the mixed finish in soybeans, the gains in corn and wheat, and the losses in cattle and hogs.

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- May corn $6.2075 up $0.0725

- May soybeans $14.9375 up $0.025

- May soybean meal $481.20 up $1.90

- May soybean oil 56.18 up 32 points

- May Chicago wheat $6.9625 up $0.1175

- April live cattle $163.05 down $0.50

- April lean hogs $85.40 down $0.82

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Find more agriculture news: brownfieldagnews.com

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This week, Will and Ben dive into the collapse of Silicon Valley Bank and the spillover fear impacting the commodity market.

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Market recap (changes on week):

- May corn down $.24 at $6.13

- December 2023 corn down $.13 at $5.57

- May soybeans down $.38 at $14.91

- November soybeans down $.40 at $13.39

- May soybean oil down 4.49 cents at 55.86 cents/lb

- May soybean meal down $1.20 at $492.20/short ton

- May wheat down $.23 at $6.72

- July wheat down $.08 at $6.95

- June WTI Crude Oil down $5.07 at $74.91/barrel

Weekly highlights:

- US ethanol production was up ever so slightly on the week while US gasoline demand fell 6% week over week as a result ethanol stocks were up 22 million gallons. Ethanol price has been relatively stable for nearly 2 months at just over $2 per gallon.

- Last week’s supply and demand estimates were largely as expected. US corn exports were lowered 75 million bushels while US soybean exports increased 25 million bushels. Globally- stocks continue to be tight as Argentina’s corn crop was lowered 7 million metric tons and their soybean crop lowered 8 million metric tons.

- Ag export sales were mixed last week. For corn, the reported 55.6 million bushels was a marketing year high and above trader expectation. For soybeans, the first week of net cancelations were reported and the total was well below all pre-report expectations. Grain sorghum sales were up on purchases by China while wheat export sales were slightly down on the week.

- It was a tense end to the week in the banking sector with Silicon Valley Bank, the nation’s 16th largest bank, being taken over by the FDIC. The VIX index rose sharply to trade above 30 on Monday but settled around 26 most of the day. However, the macro-outlook has changed over the weekend with the market now anticipating the FED to cut interest rates this year.

- Weekly ag export shipments were relatively neutral on the week- only wheat came in below expectations. Corn, soybeans and grain sorghum were all up week over week.

- This morning it was reported that the CPI rose 0.4% in February and 6% over the last year.

Topics:

- Market recap

- Silicon Valley Bank collapse

- General market fear increase

- Federal Reserve moving forward

- Reports to watch

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Find more agriculture news: brownfieldagnews.com

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Commodity Classic was the perfect spot for growers to learn about what’s next as it relates to products and pick up a few tips ahead of the 2023 planting season. In this Managing for Profit, Ryan Bryant-Schlobohm, UPL Technical Services Manager, touches on some of the highlights from last week’s meeting.

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Collaboration between the leading soybean producing states helps expand agricultural solutions through innovative thinking and programing. Listen as Kirk Merritt, Executive Director of the Ohio Soybean Council talks about the important role collaboration plays in the future of the Ohio soybean industry.

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Brownfield Commodity Market Reporter John Perkins has your look at what pressured soybeans and cattle, why corn and hogs were mostly lower, and how wheat closed higher.

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- May corn $6.135 down $0.0375

- May soybeans $14.9125 down $0.1575

- May soybean meal $479.30 down $6.60

- May soybean oil 55.86 down 75 points

- May Chicago wheat $6.845 down $0.0525

- April live cattle $163.55 down $0.72

- April lean hogs $86.22 down $1.22

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Find more agriculture news: brownfieldagnews.com

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Brandon Emery is the U.S. product manager for biologicals for Corteva Agriscience and says Utrisha P is a new product that can help unlock the full potential of phosphorus fertilizer applications.

He tells Brownfield the active ingredient is a plant growth-promoting bacterium that helps release soil-bound phosphorus for plant uptake.

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