June Ag Prices Received Up 1%, Prices Paid Down .5%

June Prices Received Index Up 1.0 Percent The June Prices Received Index (Agricultural Production), at 92.5, increased 1.0 percent from May 2019. At 87.9, the Crop Production Index increased 5.4 percent. The Livestock Production Index, at 97.0, decreased 1.8 percent. Producers received higher prices for lettuce, market eggs, corn, and strawberries but lower prices for cattle, broilers, oranges, and hogs. Compared with a year earlier, the Prices Received Index is down 2.7 percent. The Crop Production Index decreased 2.5 percent and the Livestock Production Index decreased 1.5 percent. The indexes are calculated using commodity prices and volumes of commodities that producers market. Increased

Cheese prices recover

Cash cheese ended three weeks of decline last week, with the Cheddar blocks climbing to $1.8325 per pound Wednesday but closed Friday at $1.8250, still up 4 1/2-cents on the week and 30 1/2-cents above a year ago. The barrels finished at $1.72, up 1 1/2-cents and 20 cents above a year ago. The cheese was unchanged Monday. The blocks inched a half-cent lower Tuesday, slipping to $1.82, while the barrels gained a quarter-cent, climbing to $1.7225, as traders await the June Dairy Products report on Thursday. The spread is at 9 3/4-cents. FC Stone says the cheese market is in balance around current levels but “the main bearish argument floating around last week is the vulnerability of U.S. expor

USDA Weekly Crop Progress - Corn, Soybean Good-to-Excellent Ratings Lowest in 7 Years

OMAHA (DTN) -- The condition of the U.S. corn crop improved slightly last week and the condition of soybeans held steady, according to the latest USDA NASS Crop Progress report released Monday. However, good-to-excellent ratings for both crops remain the worst they've been in seven years. NASS pegged corn condition at 58% good to excellent as of Sunday, July 28, up 1 percentage point from 57% the previous week, but still the lowest good-to-excellent rating for this time of year in seven years, said DTN Lead Analyst Todd Hultman. Eighteen percent of corn in Illinois was rated poor or very poor, he noted. Meanwhile, NASS estimated the condition of soybeans at 54% good to excellent, unchanged f

Is El Niño on last leg?

Crops being affected by dry conditions after experiencing extreme wetness this spring There are some indications that El Niño weather conditions may be coming to a close, according to U.S. Department of Agriculture chief meteorologist Brad Rippey. “That may have some implications on the weather for the rest of the summer,” he said. However, they are not likely to be big ones. The National Oceanic & Atmospheric Administration (NOAA) reported July 22 that while El Niño is still present, a transition from El Niño to ENSO-neutral is expected in the next month or two, with ENSO-neutral most likely to continue through the Northern Hemisphere fall and winter. According to NOAA, near- to above-avera

Fluid Milk and Cream - Western U.S. Report 30

Fluid milk production is stable in California after recuperating from the previous decline. The current hot weather is keeping milk output from increasing. In addition, component levels have recently dropped. Milk is flowing to processing plants as scheduled. Bottled milk requests are the same as last week. In Arizona, processors have enough milk loads for their daily activities despite recent drops in milk output. Class I sales are unchanged compared to the previous week. Class II demand is stronger due to the ongoing demand to satisfy ice cream production needs. Butter makers have slowed down their operations as they manage to sell some of their cream. In New Mexico, a combination of lo

This Week's Drought Summary (7/25)

The remnants of Hurricane Barry drifted northward into the Ohio Valley, delivering widespread rainfall that mostly benefited summer crops but also sparked some flash flooding. Some of the heaviest rain, locally 4 to 8 inches or more, fell in portions of the Mississippi Delta States. Meanwhile, several cold fronts crossed the North, generating showers and locally severe thunderstorms from the northern Plains into the Northeast. Some of the highest totals, as much as 2 to 4 inches or more, fell from South Dakota into Michigan, locally accompanied by high winds, large hail, and isolated tornadoes. Meanwhile, much of the central and eastern U.S. experienced a brief period of heat and high humidi

June milk production down 0.3%

U.S. milk production continues to limp. The Agriculture Department’s latest Milk Production report shows preliminary June output at 18.23 billion pounds, down 0.3% from June 2018. Output in the 24 top producing states hit 17.3 billion pounds, up 0.1%. Revisions added 9 million pounds to the original May total, now put at 19.06 billion pounds, down 0.4% from May 2018. June cow numbers in the 50 states totaled 9.32 million head, down 10,000 from May and 91,000 head below a year ago. Output per cow averaged 1,955 pounds, up 12 pounds from a year ago. Milk output in the April-June quarter was down 0.1% from a year ago. The average number of milk cows was down 15,000 head from the Janua

USDA Weekly Crop Progress - Corn Reaches 35% Silking, Good-to-Excellent Condition Way Down From Last

OMAHA (DTN) -- Corn and soybean development took a nice jump from last week's Crop Progress report, but continues to lag far behind the five-year average pace, according to the latest USDA NASS Crop Progress report released Monday. As of Sunday, July 21, an estimated 35% of corn was silking, up 18 percentage point from the previous week and 31 percentage points behind the five-year average of 66%. Corn condition, estimated at 57% good to excellent, was down 1 percentage point from 58% the previous week. "Some notable bad states were Illinois at 43%, Indiana at 35%, Ohio at 35%, Missouri at 33% and Michigan at 42%. North Dakota at 77%, Nebraska at 77% and Minnesota at 57% were the best rating

June Milk Production up 0.1 Percent

June Milk Production up 0.1 Percent Milk production in the 24 major States during June totaled 17.3 billion pounds, up 0.1 percent from June 2018. May revised production at 18.1 billion pounds, was down slightly from May 2018. The May revision represented an increase of 18 million pounds or 0.1 percent from last month's preliminary production estimate. Production per cow in the 24 major States averaged 1,976 pounds for June, 15 pounds above June 2018. The number of milk cows on farms in the 24 major States was 8.78 million head, 62,000 head less than June 2018, and 12,000 head less than May 2019. April-June Milk Production down 0.1 Percent Milk production in the United States during the Apri

Fluid Milk and Cream - Western U.S. Report 29

Class I orders are down in southern California, but up in the northern part of the state. The declines in sales were higher than the increase, bringing the overall bottled milk sales down in California. Class III demand has decreased also. Milk output is steady to trending lower, but supplies are available for spot needs. Some buyers are taking additional loads above their usual intake volumes. Nonetheless, there have been some outside sales to help with milk balancing. In Arizona, although fluid milk output is still declining, the butterfat in the milk is going up. Bottled milk and Class II sales are steady to trending up in order to fulfill local milk requests and ice cream demand. Ma

This Week's Drought Summary (7/18)

Hurricane Barry made landfall in southern Louisiana on July 13, delivering locally heavy showers and a modest storm surge but largely sparing crops and communities in the path of the poorly organized storm. Once inland, Barry drifted northward and was quickly downgraded to a tropical storm and—by July 14—a tropical depression. Outside of Barry’s sphere of influence, locally heavy showers dotted the Southeastern and Mid-Atlantic States, sparking local flooding. Locally heavy rain also soaked portions of the North, with some of the highest totals reported across the northern half of the Plains and the upper Midwest. Many other areas of the country, including a large expanse of the West and par

GDT auction prices rebound

Powder and cheese lifted Tuesday’s Global Dairy Trade auction, ending four consecutive declines. The weighted average of products offered jumped 2.7%, following a 0.4% loss on July 2. Sellers brought 55.1 million pounds of product to the market, up from 54.5 million in the last event and the highest since Feb. 19. All products traded were in the black, led by skim milk powder, up 3.8%, following a 3.2% rise last time. Whole milk powder was up 3.6%, after holding steady last time. GDT Cheddar was up 3.3%, following three consecutive events of loss, down 1.5% on July 2. Butter and anhydrous milkfat were both up 1.7%, following losses of 4.8 and 1.9%, respectively. FC Stone equated the GDT 80%

USDA Weekly Crop Progress - Corn 17% Silking, 58% in Good-to-Excellent Condition

OMAHA (DTN) -- Corn and soybean development continued to lag behind the average pace last week, but conditions for both crops rose slightly, according to the latest USDA NASS Crop Progress report released Monday. As of Sunday, July 14, an estimated 17% of corn was silking, up 9 percentage points from the previous week but 25 percentage points behind the five-year average of 42%. Corn condition, estimated at 58% good to excellent, was up 1 percentage point from 57% the previous week. That's still the lowest good-to-excellent rating for this time of year in seven years. "Among the top eight corn-producing states, Nebraska has the highest good-to-excellent rating at 77%, while Ohio and Indiana

Fluid Milk and Cream - Western U.S. Report 28

In California, bottled milk and Class III intakes have increased. Retail stores are restocking their shelves while schools that have summer programs are refiling their pipelines. Milk production is stable. Several processors report having enough supplies to fulfill their daily activities. Processing schedules are back to normal. In Arizona, milk volumes are available for most processing duties. However, production has been steady to declining in recent weeks. Manufacturing plants are not running at full schedules. From time to time, processing plants within the state take out of state milk to help with balancing as they have plenty of unused capacities. Class I sales are higher with retail s

Recent Posts
Archive
Follow Us
  • LinkedIn Social Icon
  • Facebook Basic Square
  • Instagram Social Icon
  • Twitter Basic Square
How can we help?
0

KeyAg Distributors, 4525E, 3425N, Murtaugh, ID 83344          800-388-3659

Disclaimer/Privacy Policy  © 2016-2020 Pacer Technology

  • Facebook Clean
  • LinkedIn Clean
  • Twitter Social Icon
  • Instagram Social Icon