A cattle and crop producer in southeastern Missouri says his farm got some rain in the last week, but conditions are dry again. “Normally, I’d call this muck boot weather, but I haven’t really had to wear them at all this year.” Jeff Reed in Wayne County says the half inch of rain helps the fescue and crops, but more is needed to improve the dry spell. He says another […]
Jul. corn closed at $5.94, up 9 and 1/4 centsJul. soybeans closed at $14.04, down 10 and 1/4 centsJul. soybean meal closed at $419.50, up 50 centsJul. soybean oil closed at 52.05, down 99 pointsJul. wheat closed at $6.41 and 1/4, down 2 and 1/4 centsJun. live cattle closed at $163.00, down 92 centsAug. feeder cattle closed at $225.15, down 97 centsJun. ...
Soybeans were lower on fund and technical selling. Soybeans are watching U.S. planting and development conditions, with rain in some areas in the near-term forecast, but medium-term outlooks generally have a drier pattern in parts of the region. If that forecast follows through, it could cause some early damage to this year’s crop. Brazil’s record large soybean harvest is nearly complete, with CONAB’s updated outlook scheduled for Thursday morning. Brazil’s […]
Farmers and ranchers continue to pay close attention to farm bill discussions. Eastern Iowa farmer Dave Walton serves on the American Soybean Association’s Board of Directors. He says producers need a stronger farm safety net. “Making sure ARC and PLC are working the way they are supposed to, and providing sort of a counter cyclical base under the market,” Walton said. Northwest Iowa farmer Kelly Nieuwenhuis says trade programs need […]
Education coordinator Pam Debele says Minnesota Farm Bureau has a goal of increasing the positive public perception of agriculture. ...
An Illinois pork producer says the high cost of building materials is a hurdle for any farmer looking to expand their operation. Josh Maschhoff of Nashville tells Brownfield, “After the pandemic we’ve seen inflation and rising costs of material goods which is cost prohibitive to producers that want to add to their operation through new construction.” He says that is also preventing new producers from entering the market and the […]
Milk futures were higher in the near term and cash dairy prices were mixed Wednesday on the Chicago Mercantile Exchange. May Class III milk was up $0.06 at $16.46. June was up $0.31 at $17.19. July was up $0.22 at $17.87. August was up $0.09 at $18.54. September through April contracts ranged from one cent lower in November and December to six cents higher in October. Dry whey was down […]
A farmer director on the United Soybean Board says soybean crush expansion in the Midwest will provide a more affordable feed option for livestock and aquaculture. Shannon Ellis from Virginia tells Brownfield the soy checkoff is making investments to ensure soybeans have the best amino acid profile to encourage healthy livestock growth. “We have research showing growing pigs have a higher rate of gain as well as growth, in general, […]
Minnesota Soybean Research and Promotion Council Secretary Pat Sullivan, who farms in Renville County, says MSRPC is sponsoring a Checkoff Fund towards reimbursing young farmers who complete the Minnesota Private Pesticide Applicator Certification. He tells Brownfield the reimbursement will be available to the first 200 Minnesota farmers between the ages of 18 and 35 who apply. Visit https://mnsoybean.org/blog-msrpc/minnesota-soy-checkoff-to-reimburse-young-farmers-who-receive-private-applicators-certification/ to apply today! ...
