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Brownfield

Closing Grain and Livestock Futures: May 3, 2023

Jul. corn closed at $5.88 and 1/2, up 8 and 1/2 centsJul. soybeans closed at $14.17 and 1/2, up 6 and 3/4 centsJul. soybean meal closed at $424.90, down $3.00Jul. soybean oil closed at 52.64, up 85 pointsJul. wheat closed at $6.39 and 3/4, up 30 and 1/2 centsJun. live cattle closed at $161.65, down $1.25May feeder cattle closed at $203.42, down $2.52May lean hogs closed at $78.15, down 2 centsMay […]

todayMay 3, 2023 21

Brownfield

Start your planters

A narrow window for planting in Michigan is opening. Michigan State University’s Manni Singh tells Brownfield the next few days will be critical for soybeans. “We want to probably take this opportunity and get as many soybeans in the ground as we can before we get this next rain event, probably early to mid-next week,” he says. Southwest Michigan farmer Mitch Kline says his fields are ready. “We’ll be planting […]

todayMay 3, 2023 22

Brownfield

Wheat complex sees strong rally

Soybeans were higher on short covering and technical buying. Beans rallied after being mixed to lower for most of the session, waiting for the Federal Reserve announcement on interest rates. As expected, the Fed raised the key rate another quarter of a point, the tenth rise in a row, but that’s expected to be the last increase for a while. Export demand is slow because of Brazil’s record crop and […]

todayMay 3, 2023 20

Brownfield

Planting picks up steam in northwest Iowa

A northwest Iowa farmer says the planting pace has picked up in his area. Kelly Nieuwenhuis raises corn and soybeans in O’Brien County. “It finally has started to warm up, so I feel pretty good about putting seed in the ground.” He tells Brownfield soil conditions have been favorable. “We’ve got a few tiles running this spring, which we hadn’t see in a couple of years. We feel good about […]

todayMay 3, 2023 23

Brownfield

Wheat Quality Council Tour

Brownfield Anchor/Reporter Kellan Heavican will cover and participate in the Wheat Quality Council Tour May 15 – 17, 2023 in Manhattan and Colby, Kansas. ...

todayMay 3, 2023 11