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UW Discovery Farms launches Nitrogen Use Efficiency Project

The University of Wisconsin Discovery Farms® program has collected two types of soil samples on over 20 farms in seven counties throughout the state so far this growing season. The farms are participating in a new Nitrogen Use Efficiency Project.

Markets

Dairy markets: ‘Spot‘ prompts strength

Class III and cheese futures were prompted by another round of strength in the spot market yesterday, as the block price continued its march to a fresh 2015 high at $1.68/lb., triggering double-digit moves in nearby Class III contracts.

Markets

Natural gas prices fall modestly

Prices fall modestly through the week at most locations. Prices at most market locations outside of the Northeast fell this week, generally by less than 10%. The Henry Hub spot price began the week at $2.99/MMBtu, fell through the week, and settled yesterday at $2.82/MMBtu. Prices at other major trading hubs moved in a similar pattern; the PG&E Citygate price, serving Northern California, fell from $3.34/MMBtu last Wednesday to $3.19/MMBtu yesterday. Prices at the Chicago Citygate fell from $3.01/MMBtu last Wednesday to close the week at $2.76/MMBtu yesterday.

Products

New Product: New Holland adds to Boomer series

New Holland upgraded its Boomer™ compact tractor series with the launch of the new Tier 4B-compliant Boomer 54D. The 54D is powered by a new 2.2-liter, 3-cylinder turbocharged Common Rail engine, producing 53 hp and maximum torque of 133 ft./lbs.

News

Gov. Cuomo takes new actions to streamline farming regulations

Governor Andrew M. Cuomo announced last week new initiatives to streamline regulatory burdens currently placed on farmers in New York. The first-ever Strategic Interagency Task Force on Lessening Obstacles to Agriculture identified new opportunities for improving the regulations for pesticide registration and certification without compromising current environmental protections.

News

March-April MPP-Dairy margin: $7.50/cwt.

Dairy farmers who “bought up” income margin insurance under the Margin Protection Program for Dairy (MPP-Dairy) should see another small payment for the March-April pay period, according to data from USDA’s Farm Service Agency (FSA).

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