Soybeans were lower on fund and technical selling. 66% of U.S. beans are good to excellent, down 1% on the year, but still good. Crush margins are solid and the trade is waiting for any signs of new crop demand from China. For now, at least officially, China continues to primarily buy beans from Brazil. […] The post Soybeans, corn see pressure from development weather appeared first on Brownfield Ag […]
Many farmers are concerned about what fertilizer might cost this fall. Josh Hitzhusen grows corn and soybeans near Rockwell in northern Iowa and says he hasn’t looked too close at prices yet. “I’ve heard some rumors of 32 percent being nearly a dollar a unit (higher) essentially, and yeah it’s daunting because we felt like […] The post Higher nitrogen prices could sting growers this fall appeared first on Brownfield […]
At the Chicago Mercantile Exchange, live and feeder cattle were lower watching direct business develop. August live cattle closed $.95 lower at $239.65 and October live cattle closed $1.45 lower at $230.87. August feeder cattle closed $3.12 lower at $348.42 and September feeder cattle closed $3.55 lower at $345.12. There was a very light round […] The post Cattle futures lower watching direct trade appeared first on Brownfield Ag News.
A new research partnership aims to help support and expand biogas market opportunities. Shannon Schlecht with the Agricultural Utilization Research Institute in Minnesota says they are partnering with Swedish company BPC Instruments to untap the potential of agricultural residues and organic waste streams for renewable energy. “It can be converted into like compressed natural gas, […] The post AURI, Swedish firm partner to advance biogas innovation appeared first on Brownfield […]
An ag economist says the Iranian conflict is having an impact on farmer sentiment in this month’s Purdue University/CME Group Ag Economy Barometer. Michael Langemeier is the director of Purdue’s Center for Commercial Agriculture. “From a crop budget standpoint, you factor in that higher nitrogen price for an individual that did not buy their fertilizer until after the […] The post Ag Economy Barometer: High input costs, Iran conflict impacting farmer sentiment appeared first on […]
Jul. corn $4.40 and 1/2, down 3 and 1/2 centsJul. soybeans $11.65 and 1/4, down 15 and 1/2 centsJul. soybean meal $326.20, down 30 centsJul. soybean oil 78.41, down 68 pointsJul. Chicago wheat $6.03, down 5 and 3/4 centsAug. live cattle $239.65, down 95 centsAug. feeder cattle $348.42, down $3.12Jul. lean hogs $101.65, up $1.80Jul. […] The post Closing Grain and Livestock Futures: June 2, 2026 appeared first on Brownfield […]
Record cattle prices have more producers considering risk management strategies than ever. Ted Prehn is a southern Illinois cattle producer and processor. “This market has gone up for the last three years, and will it correct itself?” He says, “Sure, I’m certain everything corrects itself, but who knows to the degree.” Josh St. Peters, executive […] The post Managing risk top of mind in cattle industry appeared first on Brownfield […]
A farmer in southeast South Dakota says stronger commodity prices this spring have encouraged old and new crop grain sales. Matt Bainbridge tells Brownfield… “We actually made some good sales on old crop beans and decent one on corn and got a little bit of new crop corn sold.” Bainbridge says soybean basis has been […] The post Northern Plains farmers increase grain sales during spring market rally appeared first […]
An agronomist in eastern South Dakota says corn and soybeans are hit and miss as the growing season begins. Steven Zemlicka with AgTegra Cooperative tells Brownfield, “We’ve got corn anywhere from V1 all the way up to V4. Biggest stuff’s maybe touching V5. Corn’s coming right along, looks pretty good. A little bit of hail […] The post Agronomist: eastern South Dakota crops hit and miss appeared first on Brownfield […]
