Data and analytics have changed the game of baseball and they’re also changing the game for farmers who know how to use it.

In this Managing for Profit, AJ Woodyard a lead agronomist with Advanced Agrilytics shares how farmers can use the data from their operations to set them up for success on every acre.

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Melissa Kessler, director of strategic initiatives and engagement for the U.S. Grains Council, explains the interconnected nature of today's agricultural markets. 

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Throughout this growing season, The Growing Matters coalition will be discussing stewardship best practices as part of the BeSure! campaign.

The coalition reminds farmers and applicators to follow best management practices when using neonic products, including treating seed and other crop protection products, to protect pollinators.

In this episode, Ron Estes, manager of the Midwest Agricultural Research Center and field market development specialist with Valent USA shares some reminders on how farmers can be good stewards and protect surrounding wildlife and pollinators. 

For more information, visit www.growingmatters.org.

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• This week in the markets – Live cattle were unchanged for the week. Feeder cattle markets were $3 to $5 higher this week. The August Live cattle futures contract closed $2 higher. The August feeder cattle contract closed a little more than at $1 higher. Choice box beef price was slightly lower this week. Cash barrow and gilt prices were nearly $5.50 higher this week. July lean hogs closed $.75 lower this week. Pork cutout value gained nearly $4 this week. 
• Weekly Slaughter Numbers – At the end of the week, cattle slaughter was 665,000 head, up 127,000 from last week and up 20,000 on the year. Hog slaughter was 2.440 million head, that’s up 465,000 on the week and down 24,000 on the year. Year to date cattle slaughter is up 5.7 percent and hog slaughter is 1.7 percent higher. 
• Monthly Trade Data – Beef exports in total were up 52 million pounds relative to April of 2020. China, South Korea, and Mexico all showed stronger beef imports from the US, while Japan was down relative to a year ago. That is also a 22% increase of beef exports compared to last year. Total pork export were up 14 million pounds relative to a year ago. That’s 2% above year-ago levels. Declines to China and Japan were offset by strong growth to Mexico and many other destinations.   
• Supply and Demand - No big changes to the meat sector. USDA did revise pork net exports up 110 million pounds. They also raised the barrow and gilt prices by $3. 
• Next week: Scott and Meghan will spend some time talking consumer demand and retail prices.  

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In this edition, Dennis Gruenbacher, a soybean grower from Kansas, discusses seeing the excitement of people who use biodiesel and the growing demand for the fuel during his travels to New York, California, and many places in between. Biodiesel users are found all over the country because it’s widely available and is ready for consumers to use now. 

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Tar spot is a relatively new foliar disease that can lead to yield loss and has the potential for serious long-term economic impacts.

In this Managing for Profit, Channel Technical Agronomist Jeremy Miner talks about best management practices to reduce the impact of the disease.

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Blanket agronomic recommendations don’t work because no two farming operations are the same.

In this Managing for Profit, Sean Arians with Advanced Agrilytics talks about the importance of using farm data to solve underlying problems and not just treat the symptoms.

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Dairy farmers have experienced significant ups and downs since the beginning of the pandemic, making risk management essential. Compeer Financial dairy consultant Tim Swenson says effects of COVID-19 remain, and now producers are challenged by higher feed costs. He suggests the knee-jerk reaction tends to be just cutting costs, but Swenson encourages dairy farmers to make adjustments that still maximize milk production.

This episode was released June 7, 2021. 

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Enlist herbicide product manager Shawna Hubbard says every farmer wants clean fields, and most have experience thinking through a management plan based on several factors.

She tells Brownfield it’s also common for growers to make several plans for each growing season because sometimes curveballs get thrown in.

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·     This week in the markets – Cash cattle $.25 higher this week. Feeder cattle markets were steady to $2 higher. August live cattle futures were down $.60. August feeder cattle were down nearly $1.20. Choice box beef was up nearly $9. Cash barrow and gilt prices were up nearly $.50. July lean hog futures closed nearly $1.20 higher. Pork cutout value gained $6.75. 

·     Weekly Slaughter Numbers – At the end of the week, cattle slaughter was 538,000 head, down 91,000 from last week and up 90,000 on the year. Hog slaughter was 1.975 million head, which’s down 403,000 on the week and down 478,000 on the year. Year-to-date cattle slaughter is up 5.8 percent and hog slaughter is 1.8 percent higher. 

·     Job Reports – 559,000 jobs in May and an Unemployment Rate fell to 5.8%. Notable job gains in leisure and hospitality. 

·     Next week’s reports – Monthly Trade Data, WASDE, Retail Prices, and Consumer Sentiment

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