Agriculture

Expanding biofuels markets are creating new opportunities for soybean farmers. Nebraska farmer Greg Anderson says additional soy crushing facilities across the Midwest will help meet demand for renewable diesel and biodiesel. “People are now crushing beans for the oil. That’s never happened before in my lifetime as I recall and keeping the value here and serving those markets is going to be very important to soybean farmers’ profitability.” He tells […]

At the Chicago Mercantile Exchange, live cattle closed lower waiting for direct business to develop and feeder cattle closed mostly higher, supported by the lower move in corn.  April live cattle closed $1.50 lower at $139.35 and June lives closed $1.27 lower at $135.52.  April feeder cattle closed $.02 higher at $162.62 and May feeder cattle closed $.02 lower at $167.27.  Direct cash cattle trade has been relatively quietly through […]

May corn closed at $7.30, down 28 centsMay soybeans closed at $16.49 and 1/4, down 9 and 1/2 centsMay soybean meal closed at $478.00, down $6.00May soybean oil closed at $73.55, down 13 pointsMay wheat closed at $10.69 and 1/4, down 85 centsApr. live cattle closed at $139.35, down $1.50Apr. lean hogs closed at $102.37, down 2 centsMar. Class III milk closed at $22.38, up 1 centApr. ...

Commodity checkoff dollars are helping the Waterways Council educate the public and lawmakers in DC about the importance of lock and dam infrastructure. Senior Vice President Deb Calhoun tells Brownfield they ran a campaign inside the beltway last year that included a 30 second TV commercial and short videos showing how inland waterways contribute to the environment, economy, and US competitiveness. “We also created a few high-end animated videos to […]