Good Growing Weather Pressuring Prices

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower ahead of direct cattle business and Friday’s On Feed report from the USDA.  August live cattle closed $4.90 lower at $210.65 and October live cattle closed $4.35 lower at $208.55.  August feeder cattle closed $6.87 lower at $303.35...

The executive director of the Association of Illinois Soil & Water Conservation Districts says farmers received some good news in the state’s latest budget. Eliot Clay says funding for the Fall Cover for Spring Savings cover crop program was spared. “The governor’s introduced budget included a $300,000 reduction in that...

Jul. corn closed at $4.31 and 1/2, down 3 and 1/4 centsJul. soybeans closed at $10.74, up 4 and 1/4 centsJul. soybean meal closed at $285.10, up $1.40Jul. soybean oil closed at 54.79, down 32 pointsJul. wheat closed at $5.49, up 12 and 1/2 centsAug. live cattle closed at $210.65,...

Soybeans were higher on short covering and technical buying. The USDA’s national condition rating dipped over the past week, with planting and emergence both close to average. Near-term development weather forecasts generally look favorable, including hot temperatures in large parts of the region, but that’s expected to coincide with rain...

Photo contributed by the National 4-H Council and Indiana 4-H. The National 4-H Council’s Beyond Ready initiative is helping Indiana 4-H members prepare for future careers in agriculture.  Montgomery County 4-H member Kylee Reeves was one of 20 high schoolers recently recognized during 4-H Signing Day.  “4-H is where I...

The executive director of Ohio Corn and Wheat says the summer driving season is another opportunity to highlight how E-15 can strengthen ​the state’s ethanol industry.  Tadd Nicholson says it benefits farmers directly. “Every time we have somebody move from 87 octane, which is 10% ethanol to 88 octane, which...

(Photo by Brent Barnett/Brownfield) Concerns about President Trump’s tariff strategy were outlined during a Farmers for Free Trade town hall event in Swisher, Iowa on Tuesday. Eastern Iowa farmer Matthew Willimack is a farmer-director for the Iowa Soybean Association. He tells Brownfield he’s concerned about the long-term impact of what...

A horticulture educator with the University of Illinois Extension says it’s concerning that many species of pollinators are in decline. Nicole Flowers-Kimmerle says we rely on a wide variety of pollinator species. “One out of every three bites of food that we eat needs a pollinator to do that pollination...

The executive director of the Nebraska Ethanol Board says year-round E15 sales could encourage more small-town retailers to carry the blend. Ben Rhodes says access to the fuel is inconsistent across the Midwest, and that could change if Congress passes a bill permitting its sale. “That will encourage a lot...

Cash dairy prices were mostly lower on the Chicago Mercantile Exchange on Tuesday pressured somewhat by a higher dollar and weaker global prices. Dry whey up $0.0050 at $0.5525. Blocks down $0.0250 at $1.7550. Thirteen sales were made from $1.7550 to $1.7850. Barrels down $0.02 at $1.77. One sale was...

A plant pathologist with the University of Missouri Extension says tar spot has been confirmed in northwest Missouri. “Now that the fungus is here to stay, it’s always going to be a question of are the conditions favorable?” Mandy Bish tells Brownfield the spring weather conditions were favorable. “We had...

The vice president of fertilizer with Stone X Group says increasing tensions in the Middle East are impacting global nitrogen prices. Josh Linville says the escalating Isreal – Iran conflict has sent urea prices sharply higher as both countries slow production. “We’re up $75 to 80 bucks a ton, and...

Brownfield’s Brent Barnett covers the Qore Biotech Facility Grand Opening The post Qore Biotech Facility Grand Opening appeared first on Brownfield Ag News.