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Soybeans were sharply higher on speculative and technical buying, pulling contracts to a higher weekly finish. Farmers planted fewer than expected soybean acres this year and quarterly stocks were below pre-report estimates. Near-term crop weather looks mixed, with increased chances of rain in some areas, but with potential for severe storms. Soybean meal and soybean oil were up on the fundamental implications of a smaller than expected U.S. crop. It’s […]

A market analyst says it’s unclear what happened to the soybean acres that didn’t get planted in the United States this spring. In USDA’s June Acreage Report, the agency said soybean planted area was 83.5 million acres, a drop of 4 million from USDA’s March guess. There were declines in soybean planted acres across several states including Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Missouri, Nebraska, Ohio, Tennessee and Wisconsin. […]

A soybean lead and product agronomist with Seed Consultants says growers should continue to monitor fields throughout the growing season. Matt Hutcheson tells Brownfield,” it’s important to scout fields. Get to know what’s going on out there, look for pests, make sure we’re on top of weed control so we don’t have competition from weeds, and monitor disease development. A lot of these concerns are weather dependent. For example, many […]

At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher with feeders leading the way on the drop in corn.  August live cattle closed $2.67 higher at $177.17 and October lives closed $1.87 higher at $179.55.  August feeders closed $5.20 higher at $247.57 and September feeders closed $5.02 higher at $250.82. There was another light round of direct cash cattle business on Friday.  Deals in Nebraska were […]

Valent USA has created a new framework to help growers and customers attain a more sustainable agriculture operation. During Valent’s Technical Field Day at their Midwest Ag Research Center in Seymour, Illinois this week, Michael Riffle, Senior Director of Field Research and Development and Leslie Garcia, Associate Director of Regulatory, Sustainability and Stewardship introduced attendees to the Sustainable Solutions Criteria. Interview with Riffle and Garcia In an exclusive interview with […]

Jul. corn closed at $5.54 and 1/2, down 26 and 1/2 centsJul. soybeans closed at $15.57 and 1/4, up 74 and 1/4 centsJul. soybean meal closed at $419.20, up $16.20Jul. soybean oil closed at 65.01, up 418 pointsJul. wheat closed at $6.36 and 1/4, down 16 and 3/4 centsAug. live cattle closed at $177.15, up $2.67Aug. feeder cattle closed at $247.57, up $5.20Jul. ...

New research is finding more than half of farm families are dealing with symptoms of depression or anxiety. Josie Rudolphi is with the University of Illinois Urbana-Champaign. “A majority of our respondents would rate their mental health as good, despite also meeting the criteria for perhaps mild, moderate, or even severe depression,” she says. Rudolphi is partway through a five-year nationwide project studying how farm economics impact the mental health […]

The USDA says sorghum planted area was up in 2023. The total of 6.805 million acres was 480,000 above last year in response to a smaller crop and greater drought resistance than some other crops. The USDA’s next round of production numbers is out July 12th. Comparisons for Brownfield states: Kansas: Planted: 3.3 million acres, unchanged from 2022; Harvested: 3.05 million acres, compared to 2.7 million a year ago Nebraska: […]

The USDA says the hay harvest should be up in 2023. However, the quality of that hay is a big question mark because of drought in parts of the country, and it is likely farmer harvest intentions will change to some degree. As of June 1st, the total hay harvest is projected at 51.976 million acres, including 15.658 million acres of alfalfa and alfalfa mixtures and 36.318 million acres of […]