May soybeans closed at $16.58 and 3/4, down 11 and 3/4 centsMay soybean meal closed at $484.00, down $.30May soybean oil closed at $73.68, down 27 pointsMay wheat closed at $11.54 and 1/4, up 58 centsApr. live cattle closed at $140.85, up $.52Apr. lean hogs closed at $102.40, up 20 centsMar. Class III milk closed at $22.36, down 3 centsApr. crude oil closed at $94.95, down $6.57May cotton closed at […]
The soybean complex traded lower Tuesday with softness hitting soy oil especially. May beans closed 11 and 3/4 cents lower at $16.58 and July beans were 11 cents lower at $16.35 and 3/4. Sharp drops for crude oil guided the market downward. Soybean exports are a mixed bag as there was a near record amount of delivery last week but lower inspections totals than average this week for new crop […]
At the Chicago Mercantile Exchange, live cattle are mostly higher waiting for direct business to develop and feeder cattle are mixed adjusting spreads. April live cattle closed $.52 higher at $140.85 and June live cattle closed $1.10 higher at $136.80. April feeder cattle closed $.20 higher at $162.60 and May feeder cattle closed $.15 lower at $167.30. It was another quiet day for direct cash cattle trade activity. A few […]
A recent study funded by soybean check off groups identified five trends that will impact the future of the global soy market. CEO and Chairmen of Missouri Soybeans Gary Wheeler says these areas will help farmers take advantage of opportunities that could develop over the next several decades. “There’s going to be a rising focus on the quality of soybean oil and meal that we have on a global basis, […]
Pork, a good source of nutrients, as well as high-quality protein, can be part of a healthy diet. Jeanette Merritt, with the Indiana Pork Producers Association, discusses incorporating pork in meals and diets for all. Healthy Living: ...
Southwestern Ohio farmer Jeff Sollars says market volatility is top of mind as the planting season approaches. “Like the majority of a lot of people I’ve talked to, we started selling things too soon,” he says. He says fertilizer costs and availability are also concerning. Sollars tells Brownfield to manage risk,”we price ahead or will book everything ahead of time. That seems to work well. When we’ve seen on the […]
Northeast Arkansas farmer Brad Doyle says planting will look a little bit different on his farm this year, and he’s okay with that. “We were fortunate enough to have a dry harvest,” he says. “So we’re going to be able to no-till a lot of our soybeans which we haven’t been able to do in the past. That dry harvest means no rutting. In my part of the world, where […]
Canada has announced a new program that will invest nearly $230 million US dollars into processing for supply-managed commodities. Officials say the Supply Management Processing Investment Fund is part of the Government of Canada’s commitment to support processors in sectors like dairy and poultry to address the impacts of international trade agreements. Officials say work is underway with supply-managed sectors to determine full and fair compensation for the impacts of […]
Eastern South Dakota farmer Dawn Scheier is proud to serve on the committee that oversees the World Initiative for Soy in Human Health (WISHH). “What WISHH is doing is they’re connecting trade and development,” Scheier told Brownfield Ag News at the 2022 Commodity Classic in New Orleans. “These countries don’t know what soybeans are. They’re protein deficient, so what we’re doing is teaching them the basics so they can go […]
