Soybeans were sharply higher on commercial and technical buying. Traders continued to buy back some of the recent losses, with help from meal and oil. Soybean meal was supported by solid demand expectations and crush margins, while bean oil picked up additional support from crude oil. The CME Group’s Malaysian palm oil futures were also higher. The first notice day for deliveries on CBOT July contracts is the 30th. The […]
An ag economist says he’s watching for a few things in Thursday’s planted acreage report from the USDA. University of Missouri’s Ben Brown says he anticipates an increase in corn acres. “Outside of the Eastern Corn Belt and even the Northern Plains there were some pretty good planting conditions to get the crop in,” he says. “Especially in places like western Missouri, Nebraska, Kansas, and Iowa. On top of that, […]
The US Supreme Court has denied a petition from R-CALF USA to hear its legal challenge of the Beef Checkoff. National Cattlemen’s Beef Association CEO Colin Woodall says this ruling ends a 6-year legal battle. “It reaffirms that there is adequate oversight of the Checkoff by USDA,” he says. “That’s ultimately what the question became.” He tells Brownfield despite the ruling, the battle to defend the Checkoff likely isn’t over. […]
An estate and succession planning expert says not developing a farm transition plan is often difficult for survivors and the farm operation. John Shoup with the Indiana Ag Law Foundation tells Brownfield families have been fractured after the death of a family member. “The relationships are fractured because of either maybe there was no plan or maybe people didn’t feel like they were included in the plan, and that’s an […]
A disturbance approaching the western Gulf Coast region should enhance rainfall over the next couple of days, with totals of 2 to 4 inches possible in coastal Texas. Lower amounts of 1 to 2 inches should fall elsewhere across the Deep South. In contrast, mostly dry weather will prevail during the next 5 days in several areas, including the Great Basin, Pacific Coast States, and northern sections of the Rockies […]
Looking ahead, the 6- to 10-day outlook calls for the likelihood of near- or above-normal temperatures across much of the U.S., while cooler-than-normal conditions will be confined to the Far West, Desert Southwest, and an area stretching from the upper Great Lakes region to New England. Meanwhile, near- or above-normal rainfall nearly nationwide should contrast with drier-than-normal weather in the northern Great Basin, western Gulf Coast region, and parts of […]
Across the Corn Belt, mostly dry weather accompanies a gradual warming trend. Any showers are limited to the upper Great Lakes region, where Tuesday’s high temperatures will remain below 80°F. In contrast, readings should top 90°F in parts of the Missouri Valley. By June 26, topsoil moisture was rated at least one-quarter very short to short in all Midwestern States except North Dakota, Minnesota, and Wisconsin, led by Indiana (58% […]
Brownfield ANchor/Reporter Brent Barnett will be in Ely, Iowa on June 28 for a visit and announcement by USDA Secretary Tom Vilsack. ...
Many Americans are feeling the pinch of rising gas prices and rising food costs. And according to Feeding America, the number of people receiving help from the charitable food sector. Vince Hall is the chief government relations officer. AUDIO: Healthy Living with Vince Hall of Feeding America ...
