Working at getting some beans off with our 2 L2 Gleaners
Day 23 of the fall harvest. Moved and set up at another farm. Both L2 combines working at getting beans off!!
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Agriculture
A cold, early-Spring pattern to build across the Heartland
Looking ahead, the 6- to 10- day outlook calls for the likelihood of near- or below-normal temperatures and near- or above-normal precipitation across much of the country. Warmer-than-normal weather will be generally confined to the Pacific Coast States, western Great Basin, and the middle and southern Atlantic States, while drier-than-normal conditions should be limited to the southwestern half of Texas; North Dakota and environs; and areas west of the Rockies. […]
Northeast Iowa farmer waiting on better conditions to begin spring fieldwork
A farmer in northeast Iowa is waiting on better conditions to begin spring fieldwork. Bob Hemesath of Decorah says it’s wet and there’s still frost in the ground. “So we’re still a little ways from any fieldwork. It’s going to take a little more warm rain and a little more sunshine and warmer temperatures to get us in the field.” He tells Brownfield planting in his area usually begins around […]
Hog futures end the week sharply higher
At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were lower on position squaring ahead of Friday’s On Feed numbers. The numbers were close to pre-report expectations and mostly look neutral for prices in the short-term, however, the placements numbers will likely weigh on deferred futures contracts. April live cattle closed $.80 higher at $140.47. April feeder cattle closed $1.15 lower at $161.57. It was a quiet Friday […]
Study shows how some consumers view regenerative agriculture
A new report has found that as consumers learn more about regenerative agriculture, they view the products made with those practices as having a more beneficial impact on the land. Ali Webster with the International Food Information Council shares some of the latest findings. Healthy Living: Click here for more information. ...
Big placements in February could have market implications down the road
A livestock economist says the industry continues to place cattle into feedlots earlier than normal. University of Missouri’s Scott Brown says placements were 9% above year-ago levels and while that is within pre-report estimates, it was at the very high end of the range. “This continues to show us that there aren’t many options to keep those calves in some of the dry weather regions of the country,” he says. […]
Closing grain and livestock futures: March 25, 2022
May corn closed at $7.54, up 5 and 3/4 centsMay soybeans closed at $17.10 and 1/4, up 9 and 1/2 centsMay soybean meal closed at $487.90, up $2.00May soybean oil closed at $74.75, up 46 pointsMay wheat closed at $11.02 and 1/4, up 16 and 1/2 centsApr. live cattle closed at $140.47, up 80 centsApr. lean hogs closed at $107.47, up $4.70Apr. ...
Grains, oilseeds end week gaining strength
Soybeans closed the week gaining support. The complex is being supported by continued drought pressure in Brazil. Some scattered rains in Brazil and Argentina added downward pressure in the market early this week. Struggling South American crops have given U.S. beans support on the global market, even with elevated prices. The USDA announced the sale of 132,000 metric tons of old crop soybeans to China Friday morning. That was the […]
Dryness, tighter margins likely to squeeze some farmers in 2022
A commodities financial expert says drought conditions in the Western Corn Belt and beyond have some farmers less optimistic for planting. “Everybody’s looking for just a little more moisture before they plant.” Curt Covington, Senior Director of Institutional Credit, with AgAmerica tells Brownfield the lack of moisture is out of farmers’ control in those regions, and many are moving ahead with the hopes the rain will come. “It’s going to […]
