Jul. corn closed at $7.57, up 14 and 1/2 centsJul. soybeans closed at $17.28 and 1/4, up 29 centsJul. soybean meal closed at $417.40, up $10.30Jul. soybean oil closed at 81.44, up 25 pointsJul. wheat closed at $10.71 and 3/4, down 21 and 1/4 centsJun. live cattle closed at $133.72, up 90 centsJun. lean hogs closed at $108.42, down 80 centsJun. ...
The Western U.S. is facing a water crisis and many in the ag industry agree water resiliency needs to be a priority in the next farm bill. “This drought is real.” Western Kansas farmer Tom Willis told members of Senate Ag Subcommittee at a hearing Tuesday his area is in exceptional drought. “This morning at 3 o’clock in the morning, I got a call from my wife. Usually when that happens, […]
Soybeans were higher on commercial and technical buying, with contracts rallying around midday on the strength in meal. Beans are watching the tail end of U.S. planting, which remains slower than average in some key growing areas, especially the northern Midwest and Plains. The fundamentals are bullish, crush margins are strong, and soybean meal was up solidly, supported by commercial demand. Soybean oil was mixed, nearby months up, deferred contracts […]
An eastern Iowa farmer says he’s feeling the effects of record-high diesel prices. “I’m looking at diesel prices and it’s really scaring me,” said Iowa Corn Growers Association President Lance Lillibridge. He tells Brownfield he’s concerned about the impact of diesel on his bottom line. “We’ve got some of the most efficient equipment that’s ever been out there, but we’re still going to burn a thousand-to-two thousand dollars a day […]
Southwest Iowa farmer Duane Aistrope says equipment parts can be hard to come by. “My GPS receiver on my tractor went bad,” Aistrope said. “The local dealership loaned me one because they couldn’t get one. They sent mine up by Ames to someplace where they could work on it and see if it’s fixable.” He tells Brownfield some farmers in his area have been searching for combine parts. “That’s why […]
U.S. ethanol shipments surged during April. The Renewable Fuels Association says April exports were a four-year high and the third largest monthly volume on record at 185.2 million gallons, an increase of 48% from March. Canada was the top destination for the thirteenth month in a row, followed by Brazil, South Korea, Singapore, and the Netherlands. Exports of distillers dried grains with solubles were a fourteen-month low at 813,749 tons, […]
In this edition of Missouri Corn Talk, Jay Schutte, President of Missouri Corn Growers Association highlights this year’s legislative session and the importance of grassroots involvement by farmer members at the Missouri State Capitol. ...
The ranking members of the House and Senate Ag Committees say farmers will lose a critical crop protection tool if a court of appeals decision is upheld. In a letter to the White House, Congressman GT Thompson of Pennsylvania and Senator John Boozman of Arkansas asked the Biden administration to withdraw its current brief before the Supreme Court in a case involving Roundup. During a call with reporters on Tuesday, […]
Northeast Iowa farmer Mark Mueller is chairman of the Export Committee for the Iowa Corn Growers Association. He says the best way to enhance grower profitability is by creating new demand, including the export of corn and value-added grain products. He tells Brownfield the U.S. Grains Council is an important partner in driving markets around the globe. ...
